Page 152 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES
This section is aimed at helping businesses demonstrate the structures, policies and processes put in place towards adopting the NGRBC
Principles and Core Elements.
The National Guidelines on Responsible Business Conduct (NGRBC) released by the Ministry of Corporate Affairs has updated and adopted
nine areas of Business Responsibility. These are briefly as under:

P1 Businesses should conduct and govern themselves with integrity and in a manner that is ethical, transparent and accountable
P2 Businesses should provide goods and services in a manner that is sustainable and safe
P3 Businesses should respect and promote the well-being of all employees, including those in their value chains
P4 Businesses should respect the interests of and be responsive to all its stakeholders
P5 Businesses should respect and promote human rights
P6 Businesses should respect and make efforts to protect and restore the environment
P7 Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent
P8 Businesses should promote inclusive growth and equitable development
P9 Businesses should engage with and provide value to their consumers in a responsible manner

Disclosure Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
Policy and Management processes
1(a) Whether your entity’s policy/policies cover each Y Y Y Y Y Y Y Y Y
principle and its core elements of the NGRBCs. (Yes/No)
(b) Has the policy been approved by the Board? (Yes/No) Y Y Y Y Y Y Y Y Y
(c) Web Link of the Policies, if available http://sustainability.tatachemicals.com/vision.htm
https://www.tatachemicals.com/
2. Whether the entity has translated the policy into Y Y Y Y Y Y Y Y Y
procedures. (Yes / No)
3. Do the enlisted policies extend to your value chain Y Y Y Y Y Y Y Y Y
partners? (Yes/No)
4. Name of the national and international codes / Y Y Y Y Y Y Y Y Y
certifications / labels / standards (e.g. Forest Stewardship (1,3) (2,4) (5) (1,3) (6,7) (4) (8) (1,3) (2)
Council, Fairtrade, Rainforest Alliance, Trustee) standards
(e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity
and mapped to each principle. #
5. Specific commitments, goals and targets set by the Y Y Y Y Y Y Y Y Y
entity with defined timelines, if any.
6. Performance of the entity against the specific Performance of each of the principles is reviewed periodically by
commitments, goals and targets along-with reasons in various Committees led by the Management and Board of Directors
case the same are not met.
# UN Global Compact Act (1), Responsible Care (2), GRI (3), ISO 14001 (4), OHSAS 18001 (5), SA8000 (6), UN Guiding principles on Business and Human Rights (7), Tata
Code of Conduct conforms to NVG (8)

GOVERNANCE, LEADERSHIP AND OVERSIGHT
7. Statement by Director responsible for the business responsibility report, highlighting ESG related challenges, targets and
achievements
The Company is committed to integrating environmental, social and governance (ESG) principles into its businesses which is central
to improving the quality of life of the communities it serves. It adheres to the principles of product stewardship by enhancing health,
safety and environmental impacts of products and services across their lifecycles.
The environmental impacts cover Climate, Resources (Energy & Water), Waste Management and Nature & Biodiversity. The Company
has committed to reduce its carbon emission (scope 1 & 2) as per the Science Based Target Initiatives (‘SBTi’) guidelines. The Company
has established policies for Climate Change, Safety, Health & Environment (‘SHE’) and Biodiversity.

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