Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Health and Safety
• Community Development
• Responsible Procurement
• Ethical Business Practices

Environmental Achievements

• Energy efficiency improvements of four percent compared to 2008 in the Netherlands during 2010
• Achievement of throughput-adjusted energy reduction target under Climate Change Agreement with the UK Government
• Jamshedpur expansion carried out to the latest environmental standards includes zero water discharge, dry quenching of coke and waste heat recovery
• Reduction in material disposed of to landfill and sulphur dioxide emissions.

Social Achievements

• 17 percent improvement from previous year in lost time injury frequency rate (LTIFR) – 0.79 for employees and contractors combined.
• Launch of Sustainable Livelihoods programme in India, aiming to impact one million lives
• Continued support for triathlon in the UK has enabled more than 35,000 children from almost 400 schools to participate in the sport since 2007
• Creation of the Regeneration Fund for those affected by mothballing of Teesside Cast Products and ‘Transfercentre’ for those affected by economic downturn in the Netherlands
• Continued recruitment of apprentices.

Governance Achievements

• Tata Steel believes in adopting the best available practices in terms of corporate governance. It conducts all aspects of its business with full transparency and accountability.
• Group-wide responsible procurement policy developed.
• Tata Code of Conduct remains a guiding force for employees
• Families displaced by the greenfield project in Kalinganagar, India, given fair compensation and assistance to build new lives as members of Tata Steel Parivar (‘Family’).

Climate Goals & Targets

Environmental Challenges

• Average CO2 emissions from our steelmaking sites are in the top quartile for the global steel industry
• Ten people lost their lives working for the Group during 2010/11.
• The protracted economic downturn
• Increased cost of iron ore and coking coal, accentuated by short-term supply disruptions.
• Increased number of complaints at IJmuiden site related to odour.

Mitigation Strategies

• Leading the ULCOS HIsarna pilot plant project at our IJmuiden steelworks in the Netherland. This revolutionary iron-making process technology could reduce CO2 emissions by a further 20 percent
• Redoubling efforts to ensure tragic accidents are never repeated.
• Investing substantially and continuously in energy efficiency programmes at our plants and in schemes to reduce dust, noise and emissions from our processes.
• Investing for the long term in new steelmaking technologies with less environmental impact, in product development and in technology to help our customers create more sustainable products.
• Major initiatives are currently under way to achieve partial raw material security for Tata Steel in Europe, and to secure additional iron ore and coal resources to supply our new steelmaking facilities in India.
• Installation of ‘electronic noses’ at several locations around the IJmuiden site and in its vicinity.

Supply Chain Management

Responsible Procurement

• Developing a comprehensive responsible procurement policy (to be launched in 2011/12)
• All major external iron ore suppliers have management systems certified to ISO 14001

Climate-Related Risks & Opportunities

Transition Risks

• Further tightening of emission allowance allocations from 2013 (EU ETS Phase III)
• Risk of a shift in global production trends towards countries applying a lower level of carbon constraint – carbon leakage

Opportunities

• Development of energy-efficient products
• HIsarna technology could reduce CO2 emissions by 20 percent

Reporting Standards

Frameworks Used: GRI G3 Guidelines

Certifications: ISO 14001, SA8000 (Jamshedpur steelworks and Sukinda chrome mine)

Third-party Assurance: Environmental Resources Management Ltd (ERM)

Sustainable Products & Innovation

• HPRail
• DP800Hyperform
• MagiZinc

Awards & Recognition

• World Steel Association Excellence Recognition in Safety and Health Award 2010 (Tata Steel India)
• World Steel Association Excellence Recognition in Safety and Health Award 2011 (NatSteel and Tata Steel in Europe)
• Many other awards listed on page 35

Environmental Metrics

ESG Focus Areas

• Safety
• Health
• Environment
• Community Development
• Diversity & Inclusion
• Innovation
• Operational Excellence
• Responsible Procurement
• Climate Change Mitigation
• Resource Efficiency

Environmental Achievements

• Jamshedpur Steel Works is the national benchmark in CO2 emission intensity and specific energy consumption within the steel sector
• 26% reduction in CO2 emissions in FY2017 (base level in FY2005)
• Lowest ever water consumption with 12% reduction over previous year at our Jamshedpur Steel Works
• Best ever effluent discharge figure in FY2017, which was ~16% reduction over FY2016
• 53% LD slag utilisation in FY2017 as compared to 43% in FY2016
• No net loss in targeted biodiversity components from pre‐mine conditions
• Progressive reclamation of mine‐altered sites

Social Achievements

• 1.1 million people impacted through CSR
• 46% reduction in Neonatal Mortality Rate
• 39% reduction in Infant Mortality Rate (Since the inception of MANSI in 2010)
• Thousand Schools Project positively impacted 22,000 children
• 400 habitations are child labour free across the six project blocks
• 6,375 out of school children have been mainstreamed into education
• 15% increase in women in the workforce over FY2016
• SC/ST Community forms > 16% of our workforce

Governance Achievements

• Classroom and web module training provided to employees on POSH, COI, and TCOC
• Tata Steel subscribes to the Tata Code of Conduct

Climate Goals & Targets

Environmental Challenges

• Increase of 19% in LTIs over FY2016 and 5 fatalities in different divisions
• High levels of imports
• Volatility in financial markets and fluctuations in exchange rates
• Substantial amount of debt
• Competition from alternate materials
• Inability to implement growth strategies
• Volatility in raw material prices

Mitigation Strategies

• Investigations and corrective actions for safety incidents
• Ramp-up of Kalinganagar plant
• Restructuring initiatives
• Focus on value-added products and services
• Investing in mines
• Adoption of new technologies
• Value realisation of by-products
• New product development

Supply Chain Management

Responsible Procurement

• Affirmative Action Policy
• Tata Code of Conduct
• SA 8000 and TSL Safety Norms
• Green Supply Chain

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, IIRC, UN Sustainable Development Goals, World Steel Association

Certifications: ISO 14001

Third-party Assurance: Bureau Veritas (India) Private Limited

UN Sustainable Development Goals

• SDG 3
• SDG 7
• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 13

Initiatives aligned with UN Sustainable Development Goals (SDGs) and COP21.

Sustainable Products & Innovation

• Graphene-based products
• SUPERLINK+
• Protact®

Awards & Recognition

• Steel Industry Leader in the Dow Jones Sustainability Index 2016
• GreenCo Platinum rating
• Safety and Health Excellence recognition 2016
• Tata Affirmative Action Programme Jury’s Award – 2016
• National Award for Outstanding Achievement in Industrial Relations
• Clarivate Analytics Innovation Award 2016
• Excellent Laboratory Award from National Association of Corrosion Engineers

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity and Inclusion (DE&I)
• Occupational Health and Safety
• Community Well-being
• Supply Chain Sustainability
• Circular Economy
• ResponsibleSteel™ Certification
• Research and Development/Technology

Environmental Achievements

• Reduced freshwater consumption by c. 60% over the past eight years and discharge by 76% over past nine years.
• Achieved the Fourth Industrial Revolution (4IR) Global Lighthouse recognition from the World Economic Forum for 3 different steel manufacturing sites
• Successfully recycled 12,000 tonnes of used refractories.
• Reduced CO2 emissions by 200 metric tonnes through refurbishment of critical imported spares.

Social Achievements

• Launched ‘Women@ Mines’ initiative, deploying women in all shifts in mines.
• Onboarded 73 women as heavy earth moving machinery operators.
• Rolled out a special recruitment drive for hiring transgender talent and recruited over 100 members from the Transgender community.
• Introduced menstrual leave for all its female employees in India.
• Provided counselling services to employees and their families for their mental well-being.

Governance Achievements

• Established a comprehensive Code of Ethics, a holistic compliance framework and an integrated governance structure.
• Received ResponsibleSteel™ Certification for three facilities in Jamshedpur.

Climate Goals & Targets

Environmental Challenges

• Transition to low-carbon steelmaking in a hard-to-abate sector.
• Water scarcity due to climate change.
• Occupational health and safety risks with a large workforce.
• Air pollution and regulatory compliance.
• Biodiversity risks related to operations.
• Supply chain sustainability challenges.

Mitigation Strategies

• Net Zero emissions target by 2045.
• Two-pronged approach of Carbon Direct Avoidance and Carbon Capture & Usage.
• 4R framework of Reduce, Reuse, Recycle and Recover for water management.
• Robust safety management system and governance structure.
• Investment in environment improvement projects (pollution control equipment).
• Biodiversity Policy and Biodiversity Management Plans.
• Responsible Supply Chain Policy.

Supply Chain Management

Supplier Audits: 78% of critical suppliers assessed (Tata Steel Limited)

Responsible Procurement

• Responsible Supply Chain Policy
• Supplier Code of Conduct
• SA8000 standards
• Tata Code of Conduct
• OECD due diligence guidance

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Green Hydrogen – Direct Reduced Iron based steelmaking
• Use of cleaner fuel in blast furnaces
• Carbon capture & usage
• Increased scrap usage

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, AA1000 Stakeholder Engagement Standard, ResponsibleSteel™

Certifications: ISO 14001, ISO 45001/OHSAS 18001, SA8000, IATF16949-2016, ISO 9001:2015, ISO/IEC 17025:2017, ISO 27001, ResponsibleSteel™

Third-party Assurance: Price Waterhouse & Co Chartered Accountants LLP (select indicators)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Tata Aggreto & Tata Nirman
• Zeremis® Carbon Lite
• OptemisTM Carbon Lite
• Protact
• TCCT

Awards & Recognition

• JRDQV award
• Global Lighthouse recognitions (World Economic Forum)

Environmental Metrics

ESG Focus Areas

• Greenhouse Gas Emissions and Climate Change Management
• Circular Economy
• Water Consumption and Effluent Discharge
• Energy Efficiency/Energy Management
• Occupational Health and Safety
• Air Pollution/Air Quality Management
• Biodiversity
• Research and Development/Technology, Product and Process Innovation
• Supply chain sustainability
• Employee Well-being and Development
• Community Support and Corporate Social Responsibility/Building thriving Communities

Environmental Achievements

• Increased scrap usage in steelmaking process
• Achieved 100% solid waste utilisation at Jamshedpur, Kalinganagar, Meramandali, and Gamharia.
• Recycled around 4.3 million tonnes of scrap
• 0.63 PJ of energy savings reported by Tata Steel Nederland

Social Achievements

• Launched ‘Wellness for Life’ portal with apps ‘Wellspring’ and ‘The Wellness Corner’
• Tata Steel Limited is the first company in India to deploy women in all shifts in mines.
• Tata Steel Limited became the first Indian company to open core mining operations to the transgender community.
• Significant increase in TAAP Assessment score from 650-675 in 2018 to 700-725 in 2023

Governance Achievements

• Achieved ResponsibleSteelTM Certification for its Jamshedpur, Kalinganagar and Meramandali sites.

Climate Goals & Targets

Environmental Challenges

• Emission intensive blast furnace route production
• Water scarcity due to climate change
• Regulatory risks and increased spending due to biodiversity loss
• Ensuring safety of employees, contract workers, and communities
• Non-compliance related to air pollution
• Environmental and social impacts from supply chain

Mitigation Strategies

• Transition to low carbon steelmaking
• 4R framework of Reduce, Reuse, Recycle and Recover for water management
• Biodiversity Management Plans (BMP) for sites
• Robust safety management system framework
• Upgraded pollution control equipment and new technologies
• Responsible Supply Chain Policy (RSCP)

Supply Chain Management

Supplier Audits: 216 critical suppliers assessed in India

Responsible Procurement

• Responsible Supply Chain Policy (RSCP)
• Tata Steel Business Associate Code of Conduct (TSBACoC)

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, AA1000 Stakeholder Engagement Standard, 2015, ResponsibleSteelTM

Certifications: ISO 14001:2015, ISO 45001:2015/OSHAS 18001, SA8000:2014, IATF 16949-2016, ISO 9001:2015, ISO/IEC 17025:2017, ISO 27001:2022, ResponsibleSteelTM

Third-party Assurance: Price Waterhouse & Co Chartered Accountants LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Green steel
• Recycled steel products
• Energy-efficient products

Awards & Recognition

• JRDQV Award
• Steelie award for Excellence in Life Cycle Assessment