Page 81 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
REPORTS
STATEMENTS
REPORT
Board’s Report

During the COVID-19 pandemic, the Company proactively an Internal Committee (‘IC’) for its workplaces to address
supported the communities and the Government. complaints pertaining to sexual harassment in accordance
The Company also endeavours to respond to disasters that with the POSH Act. The Company has a detailed policy for
affect any part of India and in the neighbourhood of all its prevention of sexual harassment at workplace which ensures
manufacturing plants. a free and fair enquiry process with clear timelines for
resolution.
In line with the amended Companies (Corporate Social
Responsibility Policy) Rules, 2014, the Company revised its The Policy is uploaded on the website of the Company at
CSR Policy and Charter of the CSR Committee during the http://www.tatachemicals.com/POSHPolicy.htm.
year. The revised CSR Policy, inter alia, includes changes No complaints were pending at the beginning of the
in definitions, CSR expenditure, treatment of surplus and financial year. During the year under review, one concern
setting off of excess spent, guiding principles for selection, was reported which was investigated and appropriate
implementation and monitoring of activities and approach, action was taken. No complaint was pending as at the
direction and annual action plan of the Board and CSR end of the financial year.
Committee of the Company. The CSR Policy is available on To build awareness in this area, the Company has been
the website of the Company at https://www.tatachemicals. conducting awareness sessions during induction of new
com/CSRPolicy2021.htm.
employees and also periodically for permanent employees,
The Annual Report on CSR activities for FY 2021-22 is third-party employees and contract workmen through
enclosed as Annexure 1 to this Report. online modules and webinars.
15. Whistleblower Policy and Vigil Mechanism 17. Particulars of Loans, Guarantees and

The Company has devised an effective whistleblower Investments
mechanism enabling stakeholders, including individual The Company has not given any loans during the year under
employees and their representative bodies to communicate review. The Company has made investments of ` 18 crore
their concerns about illegal or unethical practices freely. and ` 115 crore in equity shares through rights issue of The
The Company has also established a vigil mechanism Indian Hotels Company Limited and Tata Projects Limited,
for stakeholders to report concerns about any unethical respectively.
behaviour, actual or suspected fraud or violation of the During the year under review, the Company has
Company’s Code of Conduct. Protected disclosures can provided additional corporate guarantee of £ 14.4 million
be made by a whistleblower through several channels. (` 147 crore) to Tata Chemicals Europe Limited, a subsidiary
The Whistleblower Policy (‘the Policy’) of the Company of the Company.
provides for adequate safeguards against victimisation of
employees who avail of the mechanism. No personnel of the Details of loans, guarantees and investments covered under
Company has been denied access to the Chairperson of the the provisions of Section 186 of the Act are given in the notes
Audit Committee. The Policy also facilitates all employees of to the Financial Statements.
the Company to report any instance of leak of unpublished 18. Consolidated Financial Statements
price sensitive information.
The Consolidated Financial Statements of the Company
A dedicated third-party Ethics Helpline has been setup which and its subsidiaries for FY 2021-22 are prepared in compliance
is managed by an independent professional organisation for with the applicable provisions of the Act and as stipulated
confidentially raising any ethical concerns or practices that under Regulation 33 of the SEBI Listing Regulations as well
violate the Tata Code of Conduct. The Ethics helpline services as in accordance with the Indian Accounting Standards
include toll free number, web access, postal services and notified under the Companies (Indian Accounting
email facilities. Standards) Rules, 2015. The Audited Consolidated
The Policy is available on the website of the Company at: Financial Statements together with the Auditor’s Report
https://www.tatachemicals.com/WhistleblowerPolicy.htm. thereon form part of this Integrated Annual Report.
Pursuant to the provisions of Section 136 of the Act,
16. Prevention of Sexual Harassment the Financial Statements of the Company, Consolidated
Pursuant to the Sexual Harassment of Women at Workplace Financial Statements along with relevant documents and
(Prevention, Prohibition & Redressal) Act, 2013 (‘POSH Act’) separate annual accounts in respect of subsidiaries are
and Rules made thereunder, the Company has formed available on the website of the Company.

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