Page 92 - Tata Chemical Annual Report_2022-2023

Integrated Annual Report 2022-23 01-83 84-192 193-365
Integrated Report Statutory Reports Financial Statements
Business Responsibility &
Sustainability Report

It strives to be neighbour of choice in the communities in which it operates and contributes to their equitable and inclusive 12. If answer to question (1) above is “No” i.e. not all Principles are covered by a policy, reasons to be stated:
development. To deliver these commitments, the Company has separate CSR Policy, Community Development Policy, Affirmative
Action Policy, Diversity & Inclusion Policy, Business & Human Rights Policy and also has well defined governance practices in line Questions P 1 P 2 P 3 P 4 P 5 P 6 P 7 P 8 P 9
with the “Tata Code of Conduct”. The entity does not consider the Principles material to its
business (Yes/No)
8. Details of the highest authority responsible for implementation and oversight of the Business Responsibility policies. The entity is not at a stage where it is in a position to formulate
Mr. R. Mukundan, Managing Director & CEO (DIN : 00778253) under the guidance of the Board of Directors and its Committees and implement the policies on specified principles (Yes/No) All principles are covered by policies.
is responsible for implementation and oversight of the Business Responsibility policies. The entity does not have the financial or/human and technical
resources available for the task (Yes/No)
9. Does the entity have a specified Committee of the Board/Director responsible for decision-making on sustainability related
issues? (Yes / No). If Yes, provide details. It is planned to be done in the next financial year (Yes/No)
Any other reason (please specify)
Yes, the Company has a Board-level Safety, Health, Environment and Sustainability (‘SHES’) Committee. This Committee provides
valuable direction and guidance to the Management to ensure that Safety and Sustainability implications are duly addressed in
all new strategic initiatives, budgets, audit actions and improvement plans. Section C: Principle-Wise Performance Disclosure
PRINCIPLE 1 - Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical,
Members of SHES Committee Designation DIN
Mr. Rajiv Dube, Chairman Non-Executive, Independent Director 00021796 Transparent and Accountable.
Essential Indicators
Mr. S. Padmanabhan, Member Non-Executive, Non-Independent Director 00306299
1. Percentage coverage by training and awareness programmes on any of the Principles during the financial year:
Dr. C. V. Natraj, Member Non-Executive, Independent Director 07132764
Mr. R. Mukundan, Member Managing Director & CEO 00778253 Segment Total number Topics / principles covered under the training and %age of persons in
Mr. Zarir Langrana, Member Executive Director 06362438 of training and its impact respective category
awareness covered by the
10. Details of Review of NGRBCs by the Company: programmes held awareness programmes
Subject for Review Indicate whether review was Frequency (Annually/ Half yearly/ Board of Directors 4 During the year, the Board of Directors of the Company 100%
undertaken by Director / Committee Quarterly/ Any other – please specify) (BoD) # (including its Committees) has invested time on various
of the Board/Any other Committee updates comprising matters relating to an array of issues
pertaining to the business, regulations, economy and
P1 P2 P3 P4 P5 P6 P7 P8 P9 P1 P2 P3 P4 P5 P6 P7 P8 P9 environmental, social, governance parameters
Performance against above policies and As a practice, Business Responsibility policies of the Company are reviewed Key Managerial 3 1. Anti-Bribery & Anti-Corruption (ABAC) Policy 100%
follow-up action periodically or on a need basis by Senior Leadership Team including Managing Personnel (KMP) # 2. Tata Code of Conduct (TCoC)
Director & Chief Executive Officer. During this assessment, the efficacy of the policies
is reviewed and necessary changes to policies and procedures are implemented. 3. Prevention of Sexual Harassment (POSH)
Employees other 141 1. ABAC Policy 86%
Compliance with statutory requirements The Company is in compliance with the existing regulations as applicable and a than BoD and KMPs
of relevance to the principles, and, Statutory Compliance Certificate on applicable laws is provided by the Managing 2. TCoC
rectification of any non-compliances Director & Chief Executive Officer / Chief Financial Officer / Chief General Counsel & 3. POSH
Company Secretary to the Board of Directors. 4. Data Integrity, Modern Slavery, General Data
Protection Regulation, Bribery Act, Equality
11. Has the entity carried out independent assessment / evaluation of the working of its policies by an external agency? & Diversity
(Yes/No). If yes, provide name of the agency. 5. Mine Safety and Health Administration Act
6. Whistleblower Policy
P1 P2 P3 P4 P5 P6 P7 P8 P9
7. Occupational Safety
The Company conducts periodic review of the charters, policies internally by the Senior Management and Board Committees
which then drives the policies, projects and performance of the aspects of business responsibility and sustainability. Workers 6 1. TCoC 91%
2. POSH
3. Mine Safety and Health Administration Act

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