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Integrated Report Statutory Reports Financial Statements
1-59 Management Discussion and Analysis 147-300

To assist individual units, the Company is working on cement kiln as a fuel, reuse/recycling of solid waste, 100%
digitisation and data analytics to forecast key vulnerable fly ash utilisation, solid waste filtration, use of soda ash solids
areas. Over the past 11 years, the Company has reduced to minimise solid waste, watershed, natural capital, waste
its Recordable Injury Frequency rate by 69%. In supply composting, biodiversity conservation measures, drinking
chain safety, the Company’s safety requirements are water for the community are some of the sustainability
communicated to third parties. Periodic audits are measures that are followed.
conducted and the Company is handholding the third
parties to improve their safety practices and align their TCL uses frameworks such as ISO 14001, OHSAS 18001,
performance to the Company’s Target Zero Harm. Global Reporting Initiative (‘GRI’), Carbon Disclosure
Project (‘CDP’), International Integrated Reporting Council
At Rallis, a culture of safety is encouraged across hierarchies (‘IIRC’), United Nations Global Compact (‘UNGC’), SBTi,
by promoting behaviour-based safety, process safety and India Business & Biodiversity Initiative (IBBI) reporting, etc.
road safety as key focus areas among its workforce. To further to share its performance with stakeholders. This allows
strengthen Process Safety Management, a gap assessment the Company to get feedback from the stakeholders
has been carried out at three technical manufacturing units and engage with the key customers under supply chain
last year. With the help of an external competent agency, programmes.
PSRM implementation started at the Dahej unit. To enhance
electrical safety, different electrical studies were done by an Integrated Report
agency in all four units. Work Safe Online (WSO), the e-portal, The Company has adopted IIRC framework to establish
has also been implemented to record safety performance integrated reporting within the mainstream business.
and take action on deviations. Rallis is taking various In accordance with the IIRC Framework, the Company
measures to further strengthen its process safety through has included an Integrated Report <IR> as part of this
enhancing automation in chemical processes and unit Annual Report. The <IR> seeks to provide a concise and
operations. All units re-emphasised on daily behaviour safety integrated account of how the Company’s Strategy,
observation rounds with 100% coverage and associate Governance, Performance and Prospects are delivering
employees. on its core purpose – being a global company. The <IR>
encompasses all key non-financial performance indicators
12. Sustainability which are material to the Company as per GRI, UNGC
At the Company, sustainability is aligned with the UN and CDP. It plays a crucial role in establishing the linkages
Sustainable Development Goals. It works towards ‘inclusive between environmental and social sustainability as well as
growth’ to achieve a robust triple bottom line encompassing the financial growth of the organisation. The <IR> contains
economic, social and environmental aspects. assured sustainability data for FY 2020-21 for entities
across the enterprise. All additional information from all
Aligned to the Tata Group’s Sustainability Policy, the geographies, not covered under the <IR>, will also be
Company’s sustainability policy encompasses actions available in the public domain shortly and can be viewed
towards responsible manufacturing, supporting climate in the Sustainability section of the Company’s website at
change mitigation and adaptation, circular economy, www.tatachemicals.com.
biodiversity conservation and being a neighbour of choice
for its key communities. It has adopted an innovative 13. Business Excellence
business approach to balance social, environmental and
economic gain by embedding sustainability in the respective The Company remains committed to continually raising
businesses’ strategy. Key sustainability indicators monitored the bar on performance in all aspects of its business. The
by the Company regularly include the internally developed Tata Business Excellence Model (‘TBEM’) serves as a pivotal
tools - Responsible Manufacturing Index (RMI) and the framework that allows the Company to gain insights into
Sustainability Assessment Framework (SAF). its performance and establish continuous improvement
initiatives for attaining superior business results and
Efficient energy and waste management, zero groundwater maximising satisfaction and value to the customers. The
withdrawal for plant operations, emphasis on recycling of TBEM framework comprises six core areas of business
water, recyclable packaging, commitment towards Extended excellence: Leadership, Strategic Planning, Customer Focus,
Producer's Responsibility (EPR), plastic waste consumption in Analysis and Knowledge Management, Workforce Focus

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