Page 43 - Tata_Chemicals_yearly-reports-2021-22
P. 43
01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
Resilience with Focus
on Sustainability
Resilience with Focus on Sustainability Our approach to Sustainability principles of human rights, fair labour and local citizens, decent work and
We are driven by the mission of serving relations, business integrity and anti- economic growth of the regions in which
society through science. Guided by this, corruption. Further, our actions are we operate, sustainable development of
we are continually innovating science-led directed towards meeting the sustainable cities and communities and strengthening
solutions that can contribute towards goals set by several global public partnerships to achieve it.
Tata Chemicals is committed to integrating environmental, social and economic a better world and implementing best institutions, including the United Nation’s
principles into its businesses, which is central to improving the quality of life of the practices in areas recognised as priorities. Sustainable Development Goals (UN SDGs). Given the depth of our sustainability
agenda, we have created a robust
communities it serves globally and enhancing long-term stakeholder value. Some of these UN SDGs are connected sustainability framework which enable
We follow UNGC's (United Nations Global to us and relevant to our strategy. These
Compact) 9 principles and responsible include: affordable and clean energy, us to create maximum impact in our
manufacturing practices at all of our responsible consumption and production, priority areas.
locations. We are also committed to the good health and well-being of employees
Conducting beneficial and
fair business practices to the
labour, human capital and to
the community. Our Future Sustainability Sustainability Governance and SHES (Safety, Health, Environment and
Projects Working Structure Sustainability) Committee and Risk
Management Committee review the
Commercialising RHA Green Technology Our corporate leadership directly involves
Embody principles of People to manufacture highly dispersible silica itself in strategising sustainability efforts performance periodically and provide
their inputs. We have established several
product stewardship by Developing green surfactants and its implementation. They guide us policies, processes and procedures
enhancing health, safety and technology in creating the roadmaps in alignment to drive economic, environmental
environmental impacts of with the Science Based Targets Initiative, and social sustainability within the
products and services across Integrate sustainability Exploring value-added chemicals from Responsible Care, CORE and UN SDGs organisation. Foremost among all is our
their lifecycles. considerations into business the captured CO 2 as well as for addressing the highly Corporate Sustainability Policy, which is
decisions and key work Recovery of salts and minerals from material topics. an overarching policy that guides us at
Planet Profit processes, with the aim of waste streams all levels for promoting and supporting
creating value, mitigating Key sustainability performance indicators sustainability programmes.
future risks and maximising are reviewed by the highest levels.
opportunities.
Our Sustainability Process
Sustainability strategy and Underpinned by our corporate Oversight and responsibility E-enablement to digitally
policies to guide areas strategy: undertaken by Safety, Health, track sustainability KPIs
of intervention, support Integrate sustainability Environment and Sustainability which is reviewed on an
best practices and drive across businesses and Risk Management annual basis
encouraging business Committees. They are
change Maintain robust systems and updated on performance
processes across all internally defined
Focus on operational sustainability-related
efficiencies and carbon material issues
abatement plans
Ambition Enablers KPIs Reporting
Reduce carbon emissions Green Chemistry focus % Renewable Energy Online data mechanism
by 30% by 2030 Contribution, Net Freshwater
Process optimisation Digitisation of
Become water neutral consumption, Waste operations
Cleaner fuel transition recycled, % of recycled
Zero waste to landfill materials, GHG emissions Global reporting
Energy efficiency
disclosures such as GRI,
IIRC, CDP, UNGC
40 41