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01 INTEGRATED 73 STATUTORY 178 FINANCIAL
Integrated Annual Report 2021-22 REPORT REPORTS STATEMENTS
Strong Governance
Practices

Strong Governance Practices We strongly believe that robust governance structure is key to progress and that good
governance fosters long-term corporate goals and enhances stakeholders’ value. Hence,
we have always been committed to the Tata Code of Conduct (‘TCoC’) that enunciates
and imbibes principles, values and ideals that guide and govern the conduct of all Tata
companies and their employees.

Governance practice at Tata Chemicals
Our governance framework, systems ethical behaviour and fairness to Disclosure Practices and adoption of
and processes reflect and support our all stakeholders, alongside driving Anti-Bribery & Anti-Corruption and
Mission, Vision and Values, and guide our value creation. Anti-Money Laundering Policies.
Mr. Ratan N. Tata journey towards continued success. To
Chairman Emeritus move towards a sustainable and better Our Corporate Governance philosophy We are committed to best practices for
Our Board of Directors future, we have framed our business is further strengthened through the effective Corporate Governance led by
strategies guided by the philosophy on Tata Business Excellence Model, the our Board members. Strong adherence
Board Committees Corporate Governance. It will enable the Tata Code of Conduct for Prevention of is ensured through quarterly reviews by
organisation to enhance accountability, Insider Trading and the Code of Corporate Audit Committee on ethics related matters.
A Audit Committee
Board Diversity at Tata Chemicals
B Stakeholders Relationship Board Composition Age Diversity Tenure on Board
Committee
C Nomination and
Remuneration Committee 2 22% 2 2
22% 22%
Mr. N. Chandrasekaran Ms. Vibha Paul Rishi Mr. S. Padmanabhan D Corporate Social
Chairman, Non-Executive, Non-Executive, Independent Non-Executive, Non-Independent Responsibility Committee 56% 4 45% 45% 4
Non-Independent B A C D E A B C F 5
E Safety, Health, 22%
Environment and 2 33% 3 33%
Sustainability Committee 3
F Risk Management
Committee Independent Directors 55-60 years >60-65 years >65 years < 3 years 3-6 years >6 years
(Including 2 Women Directors)
Non-Executive Directors
Chairperson
Executive Directors
Member
Ms. Padmini Khare Kaicker Dr. C. V. Natraj Mr. K. B. S. Anand Board Skills and Expertise
Non-Executive, Independent Non-Executive, Independent Non-Executive, Independent (Number of Board members)
A F C D E F A
Leadership and Governance 9
You can read the detailed 8
profiles of our Board of Industry experience
Directors at Science and Technology 4
https://www.tatachemicals.com/
about-us/leadershipteam/board- IT and Digitalisation 5
of-directors
Strategy 8
Finance 5
HR and Communication 7
Mr. Rajiv Dube Mr. R. Mukundan Mr. Zarir Langrana Safety and Sustainability 8
Non-Executive, Independent Managing Director & CEO Executive Director
E B D E F B E F Multiple geography experience 8

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