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Jamsetji Tata: Principles

Laid foundation of Indian Industrialization

Laid foundation for Scientific Development in India

Set up J N Tata Endowment for Education

Undertook affirmative action not mere charity

“In a free enterprise, the communityis not just another stakeholder in business, but is, in fact, the verypurpose of its existence.” -Jamsetji Nusserwanji Tata

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“Let industry established in the countryside ‘adopt’ the villages in its neighbourhood; ...it is also clearly in the interests of industry that surrounding areas should be healthy, prosperous and peaceful.” -Jehangir Ratanji Dadabhoy Tata, Chairman, Tata Group (1938-1991)

“I do believe that we, in the Tata Group, have held a view and sense of purpose that our companies are not in existence just to run our business and to make profit but that we are responsible and good corporate citizens over and above our normal operations” -Ratan Naval Tata, Chairman, Tata Group (1991-2012)

J.R.D Tata & Ratan Tata: Principles

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CSR: Part Of Genetic Code

Implementing these Principles over 100 years are part of Organizational Development:

1912 - 8 hour workday1916 - Social Welfare Scheme launched for employees1920 - Leave with pay1934 - Profit Sharing bonus1934 - Tata Steel responded to earthquake in its Bihar province with relief supplies 1951 - Planned family norms promoted at community level1970 – Included Corporate Social Responsibility in its Articles of Association1958 - 225 acre Jubilee park created for the citizens of Jamshedpur1979 - Launched concerted rural development initiatives

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Genetic Code: A Unique Identity

It has shaped its Heart, Mindset and Business processes

1995- Tata Business Excellence Model - Makes sustainable growth a priority and has included this in its Key Enterprises Process

1999- Tata Code of Conduct - Maintains good governance ethical behaviour by organizations as well as each and every employee

1995- Tata Council for Community Initiatives – Provides the superstructure for CSR efforts across the Group

2003- Tata Index for Sustainable Development - A CSR measure adopted across the Tata Group

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Corporate Social Responsibility Policy

“Tata Steel believes that the primary purpose of a business is to improve the quality of life of people.

Tata Steel will volunteer its resources, to the extent that it can reasonably afford, to sustain and improve a healthy and prosperous environment and to improve the quality of life of the people of the areas in which it operates.”

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Employee Relations

Many landmarks in Labour Welfare:

1915 Free Medical Aid to all employees and dependent family members

1917 Welfare Department set up

1990 Incentive for Higher Technical Education

2001 Family Benefit Scheme

2003 R D Tata Technical Education Centre

2004 Inserted clause against Sexual Harassment in the Works Standing Order

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Education

Jamshedpur is a centre for excellence in education:

312 private schools and 171 “balwadi” schools assisted by Tata Steel

Jamshedpur has among the highest literacy rates in the country (82%)

Instituted Dr. J J Irani Education Excellence Award

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Committed to national and global CSR principles

First signatory to UN – Global Compact

Founder member of the Global Business Coalition on HIV/AIDS

Member of the Global Reporting Initiative Board

First Indian company to publish Corporate Sustainability Report as per G R I guidelines

Member of International Iron & Steel Institute Project Group on Sustainability Indicator for Steel

Upholding Global Commitments

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From Tradition To Process

Areas of Impact:

Environment

Employee Relations

Stimulating Economic Growth

Civic Amenities & Community Service

Population Management

Sports and Adventure

Health for All

Relief During Natural Calamities

Education / Arts and Culture

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“We generate wealth for the people. What comes from the people must, to the extent possible, therefore get back to the people.” - Bharat Ratna, J R D Tata

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