Page 128 - Tata_Chemicals_yearly-reports-2017-18
P. 128

3.   Governance related to BR:                      Principle 2: Businesses should provide goods and services that
                                                              are safe and contribute to sustainability throughout their life
              ʀ    Indicate the frequency with which the Board of
                                                              cycle
                   Directors, Committee of the Board or CEO assesses
                   the BR performance of the Company.  Within 3   1.   List up to 3 of your products or services whose design has
                   months, 3-6 months, Annually, More than 1 year:  incorporated social or environmental concerns, risks and/
                                                                   or opportunities.
                   Within 3 months
                                                                   Our Living Essentials product range aims to provide
              ʀ    Does the Company publish a BR or a Sustainability
                                                                   nourishment and nutrition to millions of consumers across
                   Report?  What is the hyperlink for viewing this
                                                                   India. Through the freshly launched Tata Sampann, we offer
                   report? How frequently it is published?
                                                                   high-protein unpolished pulses and aromatic spices, designed
                   Yes, the Company publishes BR and Sustainability report   for the modern Indian household. Packed with the promise of
                   both apart from Annual Report on an annual basis.    wholesome nutrition, and a guarantee of purity and freshness,
                   In accordance with the IIRC Framework, Tata Chemicals   Tata Sampann pulses and spices are available in 16 states across
                   has included an Integrated Report <IR> as part of this   India.
                   Annual Report.
                                                                   The Tata Nx range provides next-level nutritional products and
                   The Company also produces United Nations Global   healthy ingredients to meet the nutritional needs of evolving
                   Compact Communication on Progress (UNGC – CoP)   Indian palettes, with products including low-calorie sugar
                   and Investor Carbon Disclosure Project (CDP) reports.  substitutes. Our innovative, low-cost, offline water purifier
                                                                   Tata Swach provides safe and inexpensive drinking water to
                   The link to view this report is: http://sustainability.
                   tatachemicals.com/                              thousands of households, through a Social Enterprise model.
          Section E: Principle-wise Performance                    The array of Industry Essential products, strives to provide
                                                                   sustainable, inorganic chemistry solutions to customers across
          Principle 1: Businesses should conduct and govern themselves   the globe, through our manufacturing operations in India,
          with Ethics, Transparency and Accountability             US, UK and Kenya. Our key products of soda ash and sodium
          1.   Does the policy relating to ethics, bribery and corruption   bicarbonate are vital ingredients to diverse industries including
              cover only the Company? No                           glass, detergents, sodium silicate, textiles, food, feed, mining
                                                                   and chemical processing. Our business strategy has helped
          2.   Does it extend to the Group/Joint  Ventures/Suppliers/
                                                                   cement our position as a formidable player, with the capability
              Contractors/NGOs/Others?
                                                                   to deliver value-added, distinguished products and pioneering
              ʀ    Yes, Tata Code of Conduct defines the commitment on   solutions, cost-competitively.
                   ethical behavior by the Company.  The Company has
                                                                   (i)  Tata Salt Plus: India has a high incidence of Iron
                   elaborate system and processes on the ‘management
                                                                       Deficiency Anaemia (‘IDA’).  To address the same, we
                   of business ethics’ and all employees sign the  Tata
                                                                       launched  Tata Salt Plus, a double fortified salt which
                   Code of Conduct.  The Company has a Chief Ethics
                                                                       contains iron and iodine. It provides up to 50% of the
                   Counselor located at corporate office. Each site has
                                                                       body’s daily requirement of iron. Since salt is used across
                   an Ethics Counselor.  Tata Code of Conduct provides
                                                                       all sections of the society throughout the year, this is an
                   an opportunity to all employees/stakeholders to
                                                                       effective way to deliver iron to the populace and thus
                   communicate any unethical act of any employee or any
                                                                       tackle the problem of IDA.
                   unethical practice to the ethics counselors.
                                                                   (ii)  Spices:  We have launched high quality spices using
              ʀ    The Tata Code of Conduct is sent to all suppliers with the
                                                                       international markers like Curcumin content for Turmeric
                   contract, for their perusal in respect of relevant clauses.
                                                                       and Capsaicin for Chilli powder. In blends, unspent
                   Awareness programs are conducted on Tata Code of
                                                                       spices (spices from which oils are not extracted) are
                   Conduct for all employees across the locations and
                                                                       used by us. This ensures that the nourishing quality of
                   corporate and marketing offices.
                                                                       our spices is retained. Spices are known for their anti
          3.   How many stakeholder complaints have been received      carcinogenic, anti oxidant and digestive properties.
              in the past financial year and what percentage was
                                                                   (iii)  Fructo Oligosaccharide (‘FOS’): Nutra plant produces
              satisfactorily resolved by the management? If so, provide
                                                                       FOS through biotechnology route, no chemical synthesis
              details thereof, in about 50 words or so.
                                                                       step is involved in the entire manufacturing process.
              31 complaints were received from various stakeholders    FOS is a prebiotic dietary fibre available naturally in
              in FY 2017-18. Of these, 84% (26 nos.) have been resolved   fruits and vegetables. Intake of FOS promotes growth of
              satisfactorily. Others are under investigation and will be closed   helpful bacteria in colon, in addition FOS being a very
              shortly.                                                 low calorie sweetener, is an ideal alternative for sugar.
          126 Annual Report 2017-18
   123   124   125   126   127   128   129   130   131   132   133