Mumbai: Tata Steel Limited has been named as 2018 Steel Sustainability Champion by World Steel Association (worldsteel). This is the second year in a row that Tata Steel Limited along with Tata Steel Europe has been recognised by worldsteel as leaders in sustainability initiatives among global steel producers.
Tata Steel Limited and Tata Steel Europe are among the six steel producing companies that have been named as Steel Sustainability Champions for 2018 at the worldsteel board meeting in Madrid, Spain on April 16, 2019.
Mr. Sanjiv Paul, Vice President, Safety, Health & Sustainability, Tata Steel said, “We are delighted and motivated in equal measure to be recognised as a Steel Sustainability Champion by worldsteel for the second year in a row. Tata Steel has always been committed to making steel production sustainable. Our approach to sustainability and the results it produces stands testimony to that. As the oldest steel producer in India, we remain steadfastly committed to live up to the status of a sustainability champion.”
The steel sustainability champions initiative aims to recognise steel companies who are leading the way in creating a truly sustainable steel industry and society, clearly demonstrating their commitment to sustainable development and the circular economy, and making measurable and tangible impacts in their activities. It aims to encourage steel companies to increase their efforts, set higher standards and make further progress in their sustainability programmes and business practices.
Tata Steel champions its sustainability initiatives with a six-pillar approach that includes Environmental Excellence, Community Care, Health and Safety, HR Practices, Sustainable Mining, Innovation and Sports.
The winning entries for the Steel Sustainability Champions recognition are evaluated based on six sustainability indicators: material efficiency, environmental management systems, lost time injury frequency rate, employee training, investment in new processes and products, and economic value distributed.
Tata Steel is a signatory to the worldsteel sustainability charter, which is a prerequisite condition to be recognised as Sustainability Champion.