Page 118 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

The Company tracks 11 lead indicators under 5 Progressive The Company has developed an internal tool (Responsible
Safety Index (PSI) elements to determine the safety progress. Manufacturing Index) to monitor key sustainability
The elements of PSI have been selected through prevalent indicators on monthly basis. Besides this, the Company has
legislative requirements of the respective locations as well as also developed an internal tool for business performance
the world-class frameworks for Safety Management Systems assessment (Sustainability Assessment) which acts as a feed
like ISO 45001, HSG 65, etc. Annual targets are set for each to the strategy of the respective businesses.
element, based on organisational requirements and past
performance of the locations. Efficient energy, value addition to waste, zero groundwater
withdrawal for plant operations, emphasis on recycling of
To assist individual units, the Company is working on water, recyclable packaging, commitment towards zero
digitisation and data analytics to forecast key vulnerable liquid discharge as well as Extended Producer’s Responsibility
areas. Over the past 12 years, the Company has reduced its (EPR), plastic waste consumption in cement kiln as a fuel,
Total Recordable Injury Frequency Rate (TRIFR) by 55%. reuse/recycling of solid waste, fly ash utilisation, solid waste
At Rallis, safety culture is encouraged across hierarchies filtration, use of soda ash solids to minimise solid waste,
by promoting behaviour-based safety, process safety and watershed programs, natural capital, waste composting,
road safety among its workforce. To further strengthen biodiversity conservation measures, drinking water for the
Process Safety Management, PSRM implementation community are some of the sustainability measures that are
initiated at the Dahej and Ankleshwar sites after carrying followed.
out a detailed gap assessment with the help of an external TCL uses frameworks such as ISO 14001, OHSAS 18001, Global
competent agency. Rallis is taking various measures to Reporting Initiative (‘GRI’), Carbon Disclosure Project (‘CDP’),
further strengthen its process safety through enhancing International Integrated Reporting Council (‘IIRC’), United
automation in chemical processes and unit operations. Nations Global Compact (‘UNGC’), Science Based Target
QRA (Quantitative Risk Assessment) and HAZOP (Hazard initiatives (SBTi), India Business & Biodiversity Initiative (IBBI)
and Operability Analysis) reviews were done for the critical reporting, etc. to disclose as well as to share its performance
processes with the help of an external expert. Safety Audit with stakeholders. This allows the Company to get feedback
conducted at all manufacturing sites by corporate safety from the stakeholders and engage with the key customers
team to identify and correct the gaps in workplace safety. under supply chain programs.
TfS (Together for Sustainability) audit process was carried
out to verify Rallis’ sustainability performance against a Integrated Report
defined set of audit criteria on environment, health &
safety issues. Tata Group Safety standards are implemented The Company has adopted IIRC framework to establish
integrated reporting within the mainstream business.
at sites to align the site procedure with the Tata Group In accordance with the IIRC Framework, the Company
guidelines. Master Data Online (MDO), the e-portal, has also has included an Integrated Report <IR>. The <IR> seeks
been implemented to record safety performance and take to provide a concise and integrated account of how
action on deviations.
the Company’s Strategy, Governance, Performance and
12. Sustainability Prospects are delivering on its core purpose – being a
global company. The <IR> encompasses all key financial and
At the Company, sustainability is aligned with the UN non-financial performance indicators which are material
Sustainable Development Goals. It works towards ‘inclusive to the Company as per GRI, UNGC and CDP. It plays a crucial
growth’ to achieve a robust triple bottom line encompassing role in establishing the linkages between environmental
economic, social and environmental aspects. and social sustainability as well as the financial growth of the
Aligned to the Tata Group’s Sustainability Policy, the organisation. The <IR> contains assured sustainability data
Company’s Sustainability Policy encompasses actions for FY 2021-22 for entities across the enterprise. The financial
towards responsible manufacturing, responsible extraction, information has been audited by B S R & Co. LLP and the
supporting climate change disclosure, mitigation and non-financial information has been assured by Ernst & Young
adaptation, circular economy, biodiversity conservation Associates LLP.
and being a neighbor of choice for its key communities.
It has adopted an innovative business approach to 13. Business Excellence
balance social, environmental and economic gain by The Company remains committed to continually raising
embedding sustainability in the respective businesses’ the bar on performance in all aspects of its business.
strategy. The Tata Business Excellence Model (‘TBEM’) serves as

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