Page 138 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Annual Report 2020-21

b) If answer to Sr. No. 1 against any principle is ‘No’, please explain why: (Tick up to 2 options)

Sr. Question P1 P2 P3 P4 P5 P6 P7 P8 P9
No.
1. The Company has not understood the Principles
2. The Company is not at a stage where it finds itself in a position to formulate
and implement the policies on specified Principles
3. The Company does not have financial or manpower resources available
for the task N.A.
4. It is planned to be done within next six months
5. It is planned to be done within next one year
6. Any other reason (please specify)

3. Governance related to BR: The Company has structured systems and processes
• Indicate the frequency with which the Board of for management of business ethics. All employees and
Directors, Committee of the Board or CEO assesses suppliers sign to abide the TCoC. The Company has a
the BR performance of the Company. Within 3 Principal Ethics Counsellor at the corporate office with
months, 3-6 months, annually, more than 1 year: Location Ethics Counsellor at each major site. Various
mechanisms including third-party helpline are made
3-6 months
available to internal and external stakeholders to raise
• Does the Company publish a BR or a Sustainability actual/potential concerns.
Report? What is the hyperlink for viewing this report? b) The TCoC is sent to all suppliers with the contract, for
How frequently it is published?
their perusal, in respect of relevant clauses. Awareness
Yes, the Company publishes BR and Sustainability programmes are conducted on TCoC for all employees
performance, both, as a part of its Integrated Annual across the locations, corporate and marketing offices. It
Report on an annual basis. The Company has adopted is reinforced during annual national sales conferences,
International Integrated Reporting Council's (IIRC) distributor meets, ethics month celebrations, etc.
framework.
3. How many stakeholder complaints have been received
The link to view this report is: https://www. in the past financial year and what percentage was
tatachemicals.com/investors/financial-reports/Yearly- satisfactorily resolved by the management? If so, provide
reports. details thereof, in about 50 words or so.
The Company also prepares Carbon Disclosure Project A total of 16 ethics-related concerns were received from
(CDP), climate change, water and supply chain reports stakeholders. Of these, 15 were satisfactorily resolved by
every year. March 31, 2021. Balance one concern is under investigation
and will be closed shortly.
Section E: Principle-wise Performance
Principle 1: Businesses should conduct and Principle 2: Businesses should provide goods and
govern themselves with Ethics, Transparency and services that are safe and contribute to sustainability
Accountability throughout their life cycle
1. Does the policy relating to ethics, bribery and corruption 1. List up to 3 of your products or services whose design
cover only the Company? has incorporated social or environmental concerns, risks
and/or opportunities.
It applies not only to our Company but to our partners and
contractors. (i) Sodium Bicarbonate: Sodium Bicarbonate is a
versatile product having a myriad of applications such
2. Does it extend to the Group/Joint Ventures/Suppliers/ as a leavening agent in food, feed manufacturing and
Contractors/NGOs/Others? several industrial applications. One segment of its use
a) Yes, the Tata Code of Conduct ('TCoC') defines the in India is as absorbent in treating flue gases emitted
commitment on ethical behaviour by the Company. from power plants which use coal as fuels.

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