Page 67 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 Board's Report 147-300

Based on benchmarking and inputs from global standards Building social capital: Building the social capital for
on ERM, the Risk Management process has been deployed long-term sustainability is a key cross-cutting theme in all
across geographies and businesses. these programmes.

Some of the risks identified are set out in the Management Women empowerment, reducing inequality of marginalised
Discussion and Analysis which forms part of this Integrated communities (through Affirmative Action), partnerships for
Annual Report.
achieving goals and setting up sustainable social enterprise
models (Okhai and Ncourage Social Enterprise Foundation)
14. Corporate Social Responsibility
are key initiatives for achieving the same.
The Corporate Social Responsibility (‘CSR’) activities of
the Company are governed through the Corporate Social The Company also responds to disasters that hit any part
Responsibility Policy (‘CSR Policy’) approved by the Board. of India and in the neighbourhood of all its manufacturing
The CSR Policy guides in designing CSR activities for plants.
improving quality of life of society and conserving the
environment and biodiversity in a sustainable manner. The Annual Report on CSR activities for FY 2020-21 is
The CSR Committee of the Board oversees the enclosed as Annexure 2 to this Report.
implementation of CSR Projects in line with the Company’s
CSR Policy. 15. Whistleblower Policy and Vigil Mechanism
The Company has adopted a participatory approach The Company has devised an effective whistleblower
in designing need-based CSR programmes which are mechanism enabling stakeholders, including individual
implemented through Tata Chemicals Society for Rural employees and their representative bodies, to communicate
Development (‘TCSRD’), the Tata Trusts and with various their concerns about illegal or unethical practices freely.
government and non-government institutions. The Company has also established a vigil mechanism
for stakeholders to report concerns about any unethical
Building economic capital: The Company focusses on behaviour, actual or suspected fraud or violation of the
poverty alleviation and creating livelihoods, both linked to Company’s code of conduct. Protected disclosures can be
farm and non-farm based activities.
made by a whistleblower through several channels. The
Ensuring environmental integrity: The Company’s Whistleblower Policy of the Company ('the Policy') provides
main focus is on management of natural resources and for adequate safeguards against victimisation of employees
conservation of environment. The key programmes include who avail of the mechanism. No personnel of the Company
land and water management activities, waste management, has been denied access to the Chairperson of the Audit
preservation of biodiversity and mitigation of climate change Committee. The Policy also facilitates all employees of the
impacts. Under the Swachh Bharat Abhiyan, the Company Company to report any instance of leak of unpublished price
through TCSRD set up a dry waste processing plant at sensitive information.
Mithapur.
A dedicated Ethics Helpline has been setup which is
Enablers for social, economic and environmental managed by an independent professional organisation for
development: The Company’s key programme is the
Holistic Nutrition Programme which targets the first 1,000 confidentially raising any ethical concerns or practices that
days of a child. Additionally in the neighbourhood, the violate the Tata Code of Conduct.
Company conducts regular health and nutrition camp.
The Policy is also posted on the website of the Company at:
The education programme focusses on students starting https://www.tatachemicals.com/WhistleblowerPolicy.htm.
from primary to the post-graduation level. Educational
support is provided for 100% enrolment of children and 16. Prevention of Sexual Harassment (‘POSH’)
improving quality of education.
As per the requirement of the Sexual Harassment of Women
The Company helps to provide clean water through roof at Workplace (Prevention, Prohibition & Redressal) Act, 2013
rainwater harvesting structures, repair of hand pumps, (‘POSH Act’) and Rules made thereunder, the Company
supporting households with water purifier systems through has formed an Internal Committee (‘IC’) for its workplaces
Samriddhi and Swach Tarang Project. to address complaints pertaining to sexual harassment in

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