Page 23 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
Strategy: Pursuing Growth
and Competitiveness
Focussed on Green Chemistry

Driving Operational Excellence in Key Enablers of
Strategic Objective 4
Sustainability, Digitalisation and Innovation

Key levers Status and action plans Key challenges

Focus on Green Chemistry CO 2 – SBTi guideline-based emission reporting Climate change
products and processes and unit-wise reduction plan
Availability of low carbon technologies
Sustainability Climate change action – SBTi Circular economy – consumption of 100% fly
commitment for reducing
ash and 865 MT of plastic waste co-processed
carbon footprint in cement plant KPIs tracked
Circular economy – water neutrality, Climate change risk and biodiversity GHG emission (Scope 1 & 2) Water recycled
solid waste management, recycling assessment and adoption strategy 4,521 KT 90%
& renewable energy
Nature & biodiversity – conservation
of flora and fauna
Product stewardship

Digital infrastructure and security Broadening and democratising IoT and analytics Key challenges
usage across the value chain
Operational efficiencies Technology / platforms obsolescence
– automation, Supply Chain Management digitisation and
Digitalisation connectivity and analytics process automation like Transportation and
Vehicle Tracking Systems KPIs tracked
Increased use of bots in finance and operations
Digital Maturity Assessment Score
Improved collaboration and user experiences
by transforming from Google apps to Microsoft 2.71
suite, revamping intranet across TCL and as against a target of 3
accelerating cloud migration

Improving benchmarks in cyber-security on IT
and IT networks, Digital data maturity

World-class Innovation Centres New product development (NPD) – new Key challenges
grades of Specialty Silica (HDS & derivatives)
New products and technologies
for automotive and personal care (tyre Product / technology obsolescence
Innovation R&D collaborations with reinforcement, battery separators and Silicone Regulatory and legal environment
external entities rubber); Green Silica from Rice Husk Ash; Inulin;
FOS variants; probiotics Long cycle time of product development and
Scientific Advisory Board registrations especially in Agrochemicals
FOS quality and yield improvement
Increased customer engagement and
application support KPIs tracked
Optimise NPD process in Agrochemicals to Patents filed R&D Investments
minimise time to market (Cumulative, including Rallis) (including Rallis)
177 ` 68 Crore
Develop new AIs and Formulations of Pesticides

20 21