Page 133 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
REPORT
STATEMENTS
REPORTS
Corporate
Governance Report
In line with the amended Companies (Corporate Social Composition and Attendance
Responsibility Policy) Rules, 2014, the Company revised its No. of
CSR Policy and Charter of the CSR Committee during the year Meetings No. of
under review. The same is displayed on the website of the Name of the Member Category held during Meetings
attended
Company at https://www.tatachemicals.com/CSRPolicy2021. the year
htm. Mr. S. Padmanabhan NED 4 4
(Chairman)
The annual report on CSR activities undertaken by Dr. C. V. Natraj ID 4 4
the Company during the year under review, along with
the amount spent forms part of the Board’s Report Mr. R. Mukundan MD & CEO 4 4
as an Annexure. All details related to CSR initiatives of ID - Independent Director; NED - Non-Executive Director; MD & CEO -
the Company are displayed on the Company’s website Managing Director & Chief Executive Officer;
at https://www.tatachemicals.com/investors/csr. Head of CSR was an invitee to the Meetings of the CSR
Committee. The General Counsel & Company Secretary also
Terms of Reference attended the Meetings.
The terms of reference of the CSR Committee, inter alia, are as The Chairman of the CSR Committee briefs the Board at
under: its Meetings about the significant discussions at each of
• Formulate and recommend to the Board the CSR the CSR Meetings. Mr. S. Padmanabhan, Chairman of the
policy containing guiding principles for selection, CSR Committee, was present during the last e-AGM held on
implementation and monitoring of CSR activities as July 2, 2021.
specified under Schedule VII to the Act;
8. Safety, Health, Environment and
• Recommend the amount to be spent on CSR activities Sustainability Committee
and review reports on performance of CSR;
The Safety, Health, Environment and Sustainability (‘SHES’)
• Review and monitor the Company’s CSR policy and Committee is entrusted with the specific responsibility of
activities of the Company on behalf of the Board reviewing and monitoring the health, environment and
to ensure that the Company is in compliance with safety framework and sustainable development. The overall
appropriate laws and legislations; roadmap as well as specific issues of concern including those
related to safety and climate change is reviewed in detail.
• Provide guidance to Management to evaluate long
term strategic proposals (including technologies Terms of Reference
adopted) with respect to CSR implications;
The terms of reference of the SHES Committee, inter alia, are
• Formulate and recommend to the Board (including any as under:
revisions thereto), an annual action plan in pursuance • Review and monitor the sustainability, environmental,
of the CSR policy and have an oversight over its safety and health policies and activities across the
implementation;
Company to ensure compliance with appropriate laws
• Review the impact assessment carried out for the and legislation;
projects of the Company as per the requirements of the • Encourage, assist, support and counsel management in
law. developing short and long-term policies and standards
Meetings Held to ensure that the principles set out in the sustainability,
safety, health and environmental policies are being
During FY 2021-22, four (4) Meetings of the CSR Committee adhered to and achieved;
were held on the following dates:
• Investigate or cause to be investigated any
• April 23, 2021 • May 25, 2021
extraordinary negative sustainability, environment,
• January 18, 2022 • March 28, 2022 health and safety performance or issues of asset
The necessary quorum was present for all the Meetings of integrity which can impact safety, health, environment
the Committee. and sustainability where appropriate.

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