CSR at Tata Steel
CSR at Tata Steel
CSR at Tata Steel
Presented By Group 3: Astha Bishnoi Diksha Uniyal Nirankar Royal Swimmi Alasaka
PRODUCTS
PRODUCTS Tata Steel s Jamshedpur Works Tata Steelium Tata Shaktee Tata Tiscon Tata Bearings Tata Agrico Tata Wiron Tata Pipes Tata Structura Steel Junction Corus Strip products, long products and distribution & Building Systems Division NatSteel Group construction grade steel such as rebars, cut-and-bend cages, PC wires and PC strands Hand tools and implements Galvanised wire products Pipes for construction Contemporary construction material Service Brand Cold Rolled Steel Galvanised Corrugated Sheets Re-bars DESCRIPTION
CONTD:
The Rashtriya Khel Protsahan Puruskar for the second consecutive year. The Business world-FICCI-SEDF Corporate Social Responsibility Award 2009 The CSR Excellence Award 2010 by ASSOCHAM, National CSR Committee and CSR Organizing Committee Social accountability 8000 certification by social accountability international(SAI) Corporate social responsibility in public health award by USIBC ISO-4001 certification
STAKEHOLDERS
STAKES
Stock price Overall performance and its implication on market capitalization Information sharing Professional growth Personal growth Safety Value creating and long term partnerships Product quality Product functionality Cost of products Job Opportunities Environment Compliance
Shareholders
Employees
Suppliers
Customers
Community Regulators
CSR INITIATIVES
First to establish labor welfare practices In 1912, Sidney and Beatrice Webb, the Founders of the London School of Economics prepared Memorandum of Health for the Steel City Instituted eight-hour workday in 1912, free medical aid in 1915, a welfare department in 1917, leave with pay, workers provident fund in 1920 and Maternity Benefits for ladies in 1928 Stimulated entrepreneurship and economic development in the steel city to tackle unemployment
Family Welfare Community Development and Social Welfare Tribal and Harijan Welfare Cell Tata Steel Rural Development Society (TSRDS) Environmental Management Tribal Culture Society Tata Steel Family Initiatives Foundation
1958
1974
1979
1986
1990
1998
ENVIRONMENT
First company in the country to be conferred ISO14001 Certification Collieries and mines which support the Save Forests campaign Planted 1.5 million surviving trees as a part of the Green Millennium campaign Tata Steel was awarded the coveted The Energy & Resources Institute (TERI) Award for Corporate Social Responsibility (CSR) 2002-03 the Climate Task Force (CCTF) also laid down a continued plan of investing in breakthrough technologies to reduce the carbon footprint by at least 20% in the next ten years
CONTD:
Social accountability 8000 certification by social accountability international(SAI) Corporate social responsibility in public health award by USIBC ISO-4001 certification
LOCAL EDUCATION
Promotes education of children and youth at various stages of their career development Coaches students for entrance into administrative, technical and the public services. Extending the Tata Business Excellence Model to create an Education Excellence Model. It has instituted the Dr. J. J. Irani Education Excellence Award to encourage all schools to serve children better. This includes a cash prize for the school.
CONTD:
It also assists the Xavier Labour Relations Institute (XLRI), a premier management institute in Jamshedpur. Jamshedpur School of Art Camp school-To help underprivileged girl children enter the mainstream of learning a camp school programme
TRIBAL EDUCATION
Launched educational programs to involve tribes in the economic development Bears the entire expense of two tribal students who secure admissions for management education at the Tata Institute of Social Sciences. Xavier Institute for Tribal Education (XITE) in an endeavour to assist less privileged tribal students improve their quality of life. Financial support worth Rs 25 lacs to more than 493 meritorious tribal students each year since 2004.
CONTD:
Balwadis for infants and toddlers. Project Sahyog-helps tribal students to develop self-esteem and plan their future. Fifty matriculate students identified every year for coaching that prepares them for higher studies
HEALTH BENEFITS
Lifeline express-hospital on wheels 850 bed general hospital in Jamshedpur for employees and as well as other citizens Jamshedpur Blood bank HIV/AIDS awareness programs since the 1990 s,Preventing Parent to child transmission programs Sneh kandra Family planning and welfare programs
Community
CONTD:
Multi-stakeholder approach Human development Participative model Meaningful and regular stakeholder dialogue to anticipate changes Has made Tata Steel a stronger brand Boosts the employee morale Customer loyalty
CONCLUSION
CSR is being looked as a unique selling proposition CSR can play decisive role in building customer loyalty based on distinctive ethical value Tata Steel is constantly establishing global benchmarks for CSR, the Tata group has adopted social responsibility as one of its integral values and the group has made efforts to link it with group s overall strategy.
THANK YOU!!!!!