Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Conservation
• Safety
• Employee Investments
• Community Support
• Supply Chain
• Product Responsibility
• Governance
• Human Rights
• Biodiversity

Environmental Achievements

• Reduced carbon intensity of products by an unspecified amount (aiming for 20% reduction by 2020)
• Reduced GHG emissions by 48,136 MT in 7 years
• 95% of outer salt bags reused/recycled
• Zero liquid effluent discharge plants at Babrala and Haldia
• 91% of water withdrawn recycled or reused
• Mithapur site stopped producing Methyl and Ethyl bromides (Ozone Depleting Substances)
• All three sites achieved zero consumption of CTC and Freon-12

Social Achievements

• Launched Tata Swach water purifier
• Launched I-Shakti pulses
• Established Tata Chemicals Society for Rural Development (TCSRD)
• Implemented Affirmative Action programs
• Won National Award for Excellence in Employee Relations
• Haldia plant received Sword of Honor in 2011-12
• Babrala plant won CII-ITC sustainability Trophy in 2011

Governance Achievements

• Established a formal Corporate Sustainability structure
• Board actively involved in driving sustainability programs
• Adopted Tata Code of Conduct
• Implemented a Whistle Blower policy
• Established SHES Committee

Climate Goals & Targets

Environmental Challenges

• Continued recessionary pressure
• Financial risks (currency fluctuations)
• Energy/raw material security and cost
• Community expectations
• People and talent (attraction and retention)
• Safety and environment related risks
• Asset-heavy business with ageing technology
• Leveraged balance sheet
• Capacity constraints
• Increased stringency in environmental activism and tightening regulatory norms

Mitigation Strategies

• Lean Six Sigma projects and Project Energize
• Elaborate Treasury policy and foreign exchange forward contracts
• Salt expansion, SSP debottlenecking, US expansion, E&M stake buy
• Livelihood generation projects through Okhai
• People initiatives to enhance work environment
• Exacting standards in safety, ethics, and environmental management
• Projects to map energy and water footprint and create sustainability action plans
• Dharti Ko Arpan program for environment conservation

Supply Chain Management

Responsible Procurement

• SHE management practices are re-evaluated by site visits
• Suppliers are advised to provide MSDS

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• New businesses with offsets (renewable energy, biofuels, etc.)

Reporting Standards

Frameworks Used: GRI G3.1

Certifications: ISO 9001, ISO 14001, OHSAS 18001, HACCP (Mithapur and Tata Salt packing centers), RC 14001 (Babrala)

Third-party Assurance: KPMG

Sustainable Products & Innovation

• Tata Swach
• Double Fortified Salt
• I Shakti pulses

Awards & Recognition

• National Award for Significant Achievements in Employee Relations
• Mother Teresa Award for Corporate Citizen 2011
• Employer Branding Award 2012
• CII-ITC Sustainability Awards 2011
• Asia’s Most Admired Knowledge Enterprise (MAKE) Award 2011
• Product of the Year - 2012 (Tata Swach)

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Product Safety and Sustainability
• Employee Well-being
• Stakeholder Engagement
• Human Rights
• Environmental Protection
• Responsible Policy Influence
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• Replaced 92.31% of virgin limestone with undersized limestone fines and effluent solids from soda ash plant and Fly ash from Captive Power Plant in the Cement Plant.
• Co-processed approximately 372.52 MT of plastic waste in FY 2020-21 in the Cement Plant.
• 68% of product volumes (approximately 2.3 million metric tonnes) evacuated from Mithapur complex is through rail mode, which has significantly lower carbon emissions compared to other modes.
• Use of solar energy to produce solar salt and Soda Ash at Mithapur
• Mangrove plantation and biodiversity plantation

Social Achievements

• Various skill development programs training more than 1600 youth.
• Okhai provided support to 25,190 artisans across India through training, design development and online retail of the crafts.
• Holistic Nutrition project benefiting more than 5,300 women and adolescent girls and 8,585 children.
• Education programs benefiting more than 6,000 children through LAMP program.

Governance Achievements

• Established systems and processes for management of business ethics. All employees and suppliers sign to abide by the Tata Code of Conduct.
• 15 out of 16 ethics-related concerns were satisfactorily resolved.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier sustainability code, vendor selection process including Safety, Health and Environment Policy, Legal Compliance, Adherence to TCoC, ISO Certification

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI-G4, UN Global Compact, International Integrated Reporting Council's (IIRC) framework, CDP

Certifications: ISO-9001, ISO-14001, OHSAS-18001, SA-8000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• 1, 2, 3, 4, 5, 6, 7, 10, 13, 14, 15, 17

The company's integrated development interventions are based on the framework linked to the United Nations Sustainable Development Goals.

Sustainable Products & Innovation

• Sodium Bicarbonate (used in flue gas treatment), Medikarb (IP grade Sodium Bicarbonate), Highly Dispersible Silica (HDS) (used in green tires)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resources (Energy & Water)
• Waste Management
• Nature & Biodiversity
• Safety
• Health
• Environment
• Human Rights
• Community Development
• Diversity & Inclusion
• Business & Human Rights
• Governance

Environmental Achievements

• Successfully conducted biomass co-firing trials, currently running.
• New Mambattu plant uses 80% renewable energy (solar and biomass).

Social Achievements

• Reconstituted Affirmative Action Council into a Diversity Council, focusing on gender diversity, disadvantaged regions, and persons with disabilities.
• Launched SHINE+ initiative to improve employee diversity through referrals from economically and socially backward communities.

Governance Achievements

• Established a Board level Safety, Health, Environment and Sustainability (SHES) Committee to provide direction and guidance on safety and sustainability.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: 75% of domestic critical supplies by value (30 out of 42) assessed and audited by a third party.

Responsible Procurement

• Supplier sustainability code; principles and guidelines such as Safety, Health and Environment Policy, Legal Compliance, adherence to TCoC, ISO Certification, etc.; Sustainability assessment of key suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, UN Global Compact, Responsible Care

Certifications: ISO 14001, OHSAS 18001, ISO 22301:2019 (Mithapur)

Third-party Assurance: Ernst & Young Associates LLP (EY)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green chemistries development, green and sustainable technologies and products for rubber industry to improve fuel efficiency, energy storage devices, human health and well-being and chemicals from sustainable sources.

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Green Chemistry
• Corporate Social Responsibility
• Human Rights

Environmental Achievements

• Installed 100 KW rooftop solar power panels at Innovation Centre, Pune, contributing to 20% of total energy consumption and achieving 103 tonnes of CO2 reduction.
• Installed two solar dryers at Mambattu plant, reducing waste generation by 53%.
• Various energy efficiency projects across plants resulting in reduced steam and power consumption.

Social Achievements

• CSR initiatives focusing on poverty alleviation, livelihoods, health and nutrition, education, and clean water.
• Women empowerment and reducing inequality through Affirmative Action.
• Health and nutrition camps and healthcare services provided.

Governance Achievements

• Reaffirmation of credit ratings, with Fitch Ratings upgrading outlook to ‘Positive’.
• Adoption of Tata Business and Human Rights Policy aligned with UN Guiding Principles on Business and Human Rights.
• Effective whistleblower mechanism and vigil mechanism established.

Climate Goals & Targets

Environmental Challenges

• High and volatile natural gas prices in the UK.
• Supply chain disruptions and increased input costs.
• Erratic rainfall and lower pest infestation impacting Rallis India's domestic crop care business.
• Reduced demand for Hybrid Paddy and illegal cotton seeds impacting Rallis India's Seeds division.

Mitigation Strategies

• Accelerated pre-payment of loans at overseas subsidiaries.
• Negotiating competitive margins during refinances and arranging trade finance facilities.
• Broadening investment avenues to enhance blended yield on surplus cash balances.
• Specific intervention projects undertaken to improve efficiencies and cost of operations at Mambattu facility.
• Focus on scaling use of HDS in tyres to protect overall realisations (Silica).

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Low carbon footprint Specialty Silica and Prebiotics

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resources (Energy & Water)
• Waste Management
• Nature & Biodiversity
• Safety
• Health
• Environment
• Human Capital
• Community Development
• Business Ethics
• Human Rights
• Data Privacy
• Cybersecurity

Environmental Achievements

• Commissioned UK’s first and largest industrial scale carbon capture and utilisation plant, capturing 40,000 tonnes of carbon dioxide each year.
• Implemented zero liquid discharge mechanism at Mambattu plant, Akola plant, and Wyoming plant.
• Ankleshwar plant developed the capability for 100% recycling of treated water.
• 50% reduction in hazardous waste generation through installation of Solar Dryer at Mambattu.
• Zero land fill of hazardous waste at Cuddalore.
• Reduction of carbon emission through transporting products via container rakes instead of road transport.
• Construction of 152 small water structures resulting in 22.1 MCFT for water storage.

Social Achievements

• Various employee well-being measures including health insurance, accident insurance, maternity benefits, and paternity benefits.
• Initiatives for diversity and inclusion, including the reconstitution of the Affirmative Action Council into a Diversity Council.
• Various CSR projects benefiting 29,575 to 268,797 persons, with a significant percentage from vulnerable and marginalized groups.
• Initiatives for skill development and education.
• Support to local Hospice St. Luke’s and terminally ill patients in Northwich (UK), children in health and education (USA), women (single mothers) for improving livelihood and local charities (USA), and education, preventive health care and drinking water, curative health care, watershed and drinking water, women empowerment and youth engagement programs (Kenya).

Governance Achievements

• Established a Board-level Safety, Health, Environment and Sustainability (SHES) Committee.
• Implemented Anti-Bribery and Anti-Corruption (ABAC) policy, Whistle-blower Policy and Vigil Mechanism.
• Adopted a Business Human Rights Policy and established a governance mechanism to address Human rights issues.
• Implemented processes to avoid/manage conflicts of interest involving Board members.

Climate Goals & Targets

Environmental Challenges

• Health & Safety risks in the chemical industry.
• Business ethics risks impacting brand and stakeholder trust.
• Regulatory issues and compliance risks.
• Potential negative social impacts identified in Social Impact Assessments.

Mitigation Strategies

• Health & Safety Management Plan, Process Safety & Risk Management, Emergency Mitigation System.
• Tata Code of Conduct, Monitoring Mechanism to ensure Ethical Conduct.
• Adherence to compliance monitoring system.
• Corrective actions taken to address negative social impacts identified in Social Impact Assessments.

Supply Chain Management

Supplier Audits: 100% of value chain partners assessed for health and safety practices and working conditions; 63% assessed for environmental impacts.

Responsible Procurement

• Supplier sustainability code
• Process for vendor selection including principles and guidelines such as Safety, Health and Environment Policy, Legal Compliance, adherence to TCoC, ISO Certification, etc.
• Sustainability assessment of key suppliers.
• Preferential procurement policy for MSMEs/small producers and suppliers from marginalized/vulnerable groups (Scheduled Castes and Scheduled Tribes).

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Investment in renewable energy sources

Reporting Standards

Frameworks Used: GRI, UN Global Compact, Responsible Care, Science Based Targets initiative (SBTi)

Certifications: ISO 14001, ISO 45001, ISO 22301:2019 (BCMS in progress for several locations)

Third-party Assurance: Ernst & Young Associates LLP (EY)

Sustainable Products & Innovation

• World’s first carbon neutral sodium bicarbonate

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resources (Energy & Water)
• Waste Management
• Nature & Biodiversity
• Safety
• Health
• Community Development
• Diversity & Inclusion
• Ethical Practices
• Corporate Governance

Environmental Achievements

• Reduced carbon emission (details not quantified but mentions projects and initiatives)
• Successfully conducted trials for the use of biomass in boilers
• Implemented energy efficiency measures across operations, reducing specific energy consumption of vacuum salt
• Installed solar dryers reducing hazardous waste generation
• 100% Fly Ash consumption
• Recycling solid waste > 5 Lakh MT
• UK’s first Carbon Capture Unit capturing 40,000 tonnes of CO2 annually
• Salt works consuming solar energy, preventing burning of 18 million tonnes of coal and avoiding ~33 Mn MT of CO2 emissions annually
• More than double the content of renewable energy by 2025
• Replenish freshwater used (in India) by 2030
• Zero waste-to-landfill by 2030
• Coral reef restoration
• Mangrove and tree plantations

Social Achievements

• Launched various skill development programs creating employment and entrepreneurship opportunities
• Worked with 5,245 farmers on capacity-building trainings, resulting in improved farm productivity and income
• Supported 40,159 children through remedial classes, scholarships, summer camps
• Facilitated access to clean water for 12,080 households
• Supported construction of a girl’s dormitory for Magadi Secondary School in Kenya
• Provided scholarships to 18 university students in Kenya
• Supported 12 students from the local community to join a technical college in Kenya
• Implemented Progressive Safety Index exceeding the target of 75% for the enterprise
• Reduced Total Recordable Injury Frequency Rate from 1.43 in 2021-22 to 0.74 in 2022-23
• Initiated a Leadership Sensitisation programme to enhance Felt Leadership Skills

Governance Achievements

• Strong governance philosophy enabling sustainable and resilient growth
• Clearly laid out process to raise concerns, investigate, and address them with a 24x7 third-party helpline
• Continuous training and awareness about the Tata Code of Conduct
• Well-defined governance policies including ABAC, AML, Gift Policy, Whistle Blower Policy, POSH, and Diversity & Inclusion
• Highly diverse Board in terms of qualifications, expertise, experience, skills, and gender (5 Independent Directors, including 2 women)

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions
• Transitioning to low emission fuels
• Ensuring a reliable supply chain for biomass
• Managing hazardous waste
• Protecting biodiversity

Mitigation Strategies

• Initiated various projects to minimize greenhouse gas emissions (details not specified)
• Shifting to low emission fuels such as LNG, Biomass and Hydrogen
• Commissioned Dry Sorbent Injection (DSI) system in US operations
• Installed solar dryers for drying wet hazardous waste
• Implementing energy efficiency measures
• Investing in nature-based solutions
• Implementing a Risk Based Process Safety Management framework

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 45001 (implied)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 6 (Clean Water and Sanitation)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 12 (Responsible Consumption and Production)
• Goal 15 (Life on Land)
• Goal 14 (Life Below Water)

Various initiatives contribute to these goals (details in the report)

Sustainable Products & Innovation

• EcoKarb® (carbon neutral sodium bicarbonate)

Awards & Recognition

• Marksmen Daily: “Most Preferred Workplace” in Manufacturing
• Tata Chemicals Magadi: ‘Company of the Year 2022’

Environmental Metrics

ESG Focus Areas

• Climate Change
• Safety, Health & Environment (SHE)
• Biodiversity
• Business Ethics
• Corporate Governance
• Employee Development
• Water Neutrality
• Zero Waste to Landfill
• Human Rights
• Diversity & Inclusion

Environmental Achievements

• Successfully conducted trials for the use of biomass in boilers, planning to scale up biomass procurement to replace ~10% of coal in FY 2024-25.
• Installation of solar panels of 2 MW capacity nearing completion in Mithapur, plans to install 30 MW hybrid capacity through PPA in India.
• Implemented energy efficiency measures across operations, reducing energy consumption and carbon emissions.
• Completed a comprehensive energy audit and identified areas for energy efficiency improvement.
• Zero liquid discharge mechanism implemented at Mambattu, Akola, and Wyoming plants.
• Ankleshwar, Dahej CZ, and Akola plants developed the capability for 100% recycling of treated water.

Social Achievements

• Reconstituted Affirmative Action Council into a Diversity Council to focus on gender diversity, disadvantaged regions, persons with disability, and LGBTQ.
• Launched internal job posting initiative SHINE+ to include referrals for candidates from economically and socially backward communities.
• Celebrated February as the month of Diversity and Inclusion with sensitisation training and various activities.
• Implemented HSE Management Plan, Process Safety & Risk Management, and Emergency Mitigation System.

Governance Achievements

• Established a Board-level Safety, Health, Environment and Sustainability (SHES) Committee.
• Implemented Tata Code of Conduct for Prevention of Insider Trading and Code of Corporate Disclosure Practices.
• Adopted Anti-Bribery & Anti-Corruption and Anti-Money Laundering Policies.
• Implemented Tata Business Excellence Model and various other policies.

Climate Goals & Targets

Environmental Challenges

• Health & Safety risks impacting people and community and disrupting operations.
• Business ethics risks impacting brand and stakeholder trust.
• Reducing carbon footprint (opportunity).

Mitigation Strategies

• HSE Management Plan, Process Safety & Risk Management, Emergency Mitigation System.
• Tata Code of Conduct, Monitoring Mechanism to ensure Ethical Conduct.
• Focus on Renewable source of energy. Energy efficient equipment, Carbon Capture etc.

Supply Chain Management

Supplier Audits: 30% of value chain partners (by value of business done with such partners) assessed for environmental and health & safety impacts; 100% coverage of Critical Suppliers of TCL India

Responsible Procurement

• Preferential procurement policy giving preference to purchase from suppliers comprising marginalized /vulnerable groups (Scheduled Caste and Scheduled Tribes).

Climate-Related Risks & Opportunities

Opportunities

• Reducing carbon footprint
• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, BRSR, UN Global Compact

Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 9001, ISO 22301:2019 (Mithapur)

Third-party Assurance: KPMG Assurance and Consulting Services LLP