CSR INITIATIVES BY TATA GROUP
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Transcript of CSR INITIATIVES BY TATA GROUP
CSR INITIATIVES BY TATA GROUP
TATA CSR
TATA Group at a glance Founded by Jamsetji Tata in 1868 Revenues in 2007-08 are estimated at $62.5
billion The Tata group has always believed in returning
wealth to the society it serves Two-thirds of the equity of Tata Sons, the Tata
group’s promoter company, is held by philanthropic trusts
The combined development-related expenditure of the Trusts and the companies amounts to around 4 per cent of the group’s net profits
TATA’s Phylosophy Jamsetji Tata (1839 – 1904)
In a free enterprise, the community is not just another stakeholder in business, but in fact the very purpose of its existence
Ratan N. Tata (1937 - now) We in the Group have held a view and held a
sense of purpose that our companies are not in existence just to run our business and to make profit. We are responsible and good corporate citizens over and above our normal operations
CSR Initiataives Tata Council for Community Initiatives Tata index for sustainability Tata company initiatives
Tata Chemicals Society for Rural Development Tata Steel Rural Development Society Rallilove ACTS Voltas for Women
Tata Council for Community Initiatives(TCCI) The TCCI guides and supports Tata Group
companies with their community development initiatives
TCCI embraces social development, environmental management and biodiversity restoration
In collaboration with the United Nations Development Programme (India), TCCI has crafted the Tata Index for Sustainable Human Development, a pioneering effort aimed at directing, measuring and enhancing the community work that Group enterprises undertake
Tata index for sustainability The index is a pioneering effort aimed at
directing, measuring and enhancing the community work that group enterprises undertake
The index is actually a set of guidelines for Tata companies looking to fulfil their social responsibilities
Tata company initiatives Tata Chemicals Society for Rural
Development (TCSRD) The Society works to protect and nurture the
rural populations in these areas It helps people achieve self-sufficiency in
natural resource management, livelihood support and the building of health and education infrastructure
Tata company initiatives Tata Steel Rural Development Society
(TSRDS) The Society has seven separate units, six in
Tata Steel's operational areas, and covers 600 villages in the states of Jharkhand and Orissa
It is actively involved in the spheres of livelihood generation, health and hygiene, and people empowerment
TSRDS has expanded its agenda and identified the advancement of education, sports and self-reliance as tools to ensure a better quality of life for the people it works with
Tata company initiatives Rallilove ACTS
An organisation set up by Rallis, seeks to improve the quality of life of the poor, especially women and children
Rallis has, through ACTS, been involved in a variety of community development initiatives in areas such as health and education, and especially in helping the girl child
Tata company initiatives Voltas for Women
Voltas for Women (VOW) was founded in 1965 The organisation membership is restricted to
female employees of Voltas and the wives of male employees
It helps the needy with assistance in health and education, and offers career and vocational guidance
Tata Group• 100 companies throughout 7 business sectors
•Engineering, materials, energy, chemicals, services, consumer products, information systems and communications
•Tata AutoComp Systems - Automotive•Tata Steel - Materials•Tata Power - Energy•Rallis India - Chemicals•Tata Realty and Infrastructure - Service•Tata Tea - Consumer Products•Tata Technologies - Information Systems and Communications
Corporate Social Responsibility
•“A Company that cares about the future”•Committed to corporate social responsibility•Signed the United Nations Global Compact
•Plays role in community development•Environmentally-friendly products and technology
Corporate Social Responsibility•Two main concerns:
•Reduction of pollution•Restoration of ecological balance
•Implemented soil and water conservation programs
•Cleaner Engines•Advanced emission-testing labs•Developing alternate fuel engines
•Sewage treatment facilities•Encourages tree planting
Corporate Social Responsibility
•India – Recycling Culture•Value in discarded products
•Europe – “Throw-away” culture•European ELV Directive
Corporate Social Responsibility•Community Development
•Community Service Division•Promote economic independence
•“Self-initiated cottage industries”
Energy
Other Areas
Volunteer Activity & Schemes
Involvement of senior leaders
in key activities –
while launching or
review of activities & personnel
Non-Monetary Recognition
system
Highlighting Significant
Achievement
Organize Training for employees
Communication of Calendar of activities
well in advance