Page 48 - Tata Chemical Annual Report_2022-2023
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Integrated Annual Report 2022-23 01-83 84-192 193-365
Integrated Report Statutory Reports Financial Statements
Materiality Assessment
Addressing the highly critical material issues Addressing the moderately critical material issues
Material matters Areas focussed Mitigating actions
M1 Safe work environment, emergency preparedness, Targetted actions on zero harm
Health & Safety digitised reporting Safety assessments and audits Corporate Governance Community Support
Digitalisation and data analytics
Corporate Governance practices at Tata Chemicals is Tata Chemicals maintains positive community relations
focussed on enhancing accountability, ethical behaviour in areas where the Company’s operations have impact on
and fairness to all stakeholders. Our governance living conditions. We focus on empowering communities
M2 Maintaining highest level of code of conduct and Strictly abiding by the Tata Code of philosophy is strengthened through Tata Business and improving socio-economic status by creating
Business Ethics ethics through training and policy frameworks Conduct and having zero tolerance Excellence Model, Tata Code of Conduct for Prevention livelihood opportunities, promoting health, well-being,
policy for any unethical practices
of Insider Trading and Code of Corporate Disclosure and education in a sustainable manner.
Practices, Adoption of Anti-Bribery & Anti-Corruption
and Anti-Money Laundering Policies and various other
M3 Human capital development issues like training Conducting training programmes on policies.
Employee Development of employees/delivery partners, inter-department health, safety and wellness
learning, job up-skilling Rewards and recognition schemes
M4 Having a framework which ensures that the Regular assessment and audits to
Regulatory Issues and organisation meets all the regulatory compliances ensure compliance
Compliances
Moving towards Zero Waste to Landfill Promoting Diversity and Inclusion
Companies today are evaluated based on the At Tata Chemicals, we promote diversity and inclusion
M5 Process optimisation, cleaner fuel transition, energy Energy savings through process environmental contamination and toxic or carcinogenic through diverse hiring, flexible working and equal pay. We
Energy Efficiency efficiency efficiency & redesign, conversion and emissions arising from their operations, and the strength undertake initiatives to improve people policies on the
retrofitting of equipment of their environmental management systems. At Tata basis of their feedback. Regular surveys are conducted to
Chemicals, we have taken various measures in our understand their concerns and evaluate their satisfaction
Fuel shift from fossil fuel to levels. Our Board members also connect with employees
renewable, for increasing the mix of manufacturing processes to reduce waste material, to understand their concerns.
renewable energy with the aim to ensure zero waste to landfill. In product
logistics, we are using bulker instead of plastic packaging.
In our cement plants, we are implementing co-processing
of plastic waste in the cement kilns.
M6 Reducing dependency on water, given that it is a Driving zero ground water usage
Water Stewardship limited resource and is essential to the production Optimising freshwater consumption
of goods; recycling as much as possible and reusing
water across operations Emphasis on enhancing recycling of
water
Towards being net water positive
Community watershed management
and rainwater harvesting Chemical Safety
Tata Chemicals has well established PSRM (Process Safety
& Risk Management) practice to prevent risk associated
M7 Minimising CO footprint by achieving Net Zero Net Zero pathway planned with accidental release of hazardous chemicals. We also
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Reducing Carbon Footprint & taking steps to remove additional CO from the Capturing CO emissions to produce support and train our distribution network in adopting
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atmosphere (e.g. carbon capture & storage, carbon sodium bicarbonate such practices. Systems have been put in place for
credits, carbon sinks, route optimisation for delivery Enhancing green chemistry tracking and assessing incidents relating to chemical
partners to reduce carbon footprint); Also adopting spills, transport accidents and quality of products and to
strategies to mitigate the long-term impact on Fossil-to-renewable fuel shift take corrective actions.
climate change Carbon conscious growth strategy
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