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8/7/2019 CSR at Tata

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TATA GROUPTATA GROUP

GROUP 2

Chinmayee Dash- 18

Yash Ahuja - 22

Ashish Kumar Shrivastava - 23

Ahmad Sheikh - 24

Sanghamitra Das -26

Kirti Sukhwani - 31


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INTRODUCTIONINTRODUCTION

y The Tata Group is a multinational conglomerate companyheadquartered in Mumbai, India.

y It has interests in steel, automobiles, information technology,

communication, power, tea and hospitality.

y Operates in more than 85 countries across six continents andits companies export products and services to 80 nations.

y Comprises 114 companies and subsidiaries in seven businesssectors, 27 of which are publicly listed. 65.8% of theownership of Tata Group is held in charitable trusts.


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HISTORYHISTORY

y The beginnings of the Tata Group can be traced back to 1868,when Jamshedji Nusserwanji Tata established a trading companydealing in cotton in Bombay (now Mumbai), British India.

y Taj Mahal Hotel in Bombay (now Mumbai) was opened for

business in 1903. This was the next big milestone for the TATAGroup

y The History of the group can be divided into three phases

1868-1931- Foundation

1932-1989- Consolidation

1990 onwards- Expansion


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ORGANIZATIONAL STRUCTUREORGANIZATIONAL STRUCTURE

y There are two decision-making bodies that define and directthe business endeavors of the Tata group. These are called

the Group Executive Office and the Group Corporate

Centre.

GEO GCO

Group Executive Office

The Group Executive Office (GEO)

defines and reviews the business activitiesof the Tata group and is involved in

implementing programmes in corporate

governance, human resources, the

environment, etc. The chief objective of

the GEO is to make the Tata group more

synergistic;

Group Corporate Centre

The Group Corporate Centre (GCC) is

a forum at which broad policy issuesrelating to the growth of Tata

companies are reviewed and the entry

into new areas are discussed. The GCC

also plays a key role in

protecting and promoting the Tata brand

in India and across the globe.


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CORPORATE GOVERNANCECORPORATE GOVERNANCE

y Tata Group has beenfollowing the spirit of the

rules that define ethical

business behavior.

y Corporate governance is the

ethical and responsible

behavior of a corporation

towards its owners, its

shareholders, but it has afallout effect on other

constituents too -RatanTata


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CORPORATE GOVERNANCECORPORATE GOVERNANCE

y To ensure coherent corporate governance practices Tatas have athree-pronged governance structure that provides for checksand balances throughout its operation.

The first layer of this structure is the law of the land.

The second tier is based on the Tata code of conduct, acomprehensive set of tenets that all Tata employees have toadhere to.

To ensure that a culture of self-motivated ethics percolates to therank and file, They lay plenty of emphasis on communication, the

third layer of its corporate governance structure


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COMMUNITYCOMMUNITY

INITIATIVESINITIATIVES

y Today's buzzword, Corporate Social Responsibility or CSR has been

part of the Tata Group ever since the days of Jamshedji Tata.

y From granting scholarships for further studies abroad in 1892 to

supporting Gandhiji's campaign for racial equality in South Africa to

giving the country its first science centre, hospital and atomic

research centre to providing relief and rehabilitation to naturaldisaster affected places - they have done it all.

y While today eyebrows are being raised about corporate doing

social work, the Tata Group feels it is the need of the hour.


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COMMUNITY INITIATIVESCOMMUNITY INITIATIVES

y Major CSR initiatives done by Tata Group are-

Tata Consultancy Services runs an adult literacy programme

Titan has employed 169 disabled people in blue collar workforce at

Hosur

Telco is fighting against Leprosy at Jamshedpur

Tata Chemicals runs a rural development programme at

Okhamandal and Babrala

Tata Tea's education programme and Tata Relief Committee (TRC)

which works to provide relief at disaster affected areas.After the Gujarat earthquake they built 200 schools in two years.

Tata Jagriti Yatra : A journey of discovery

Tata's youth-centric, knowledge-based and social entrepreneurship

initiatives, inspire youth to become better citizens and leaders of

tomorrow


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LESSONS LEARNTLESSONS LEARNT

y 'Give back what you get should be followed by all the

enterprises across India.

y

In the West, companies are doubtful of spending theshareholders money and corporates are considering

discontinuing Corporate Social Responsibility but its of prime

importance in country like India.

y Indian companies should be a part of Global Compact, a UN

initiative under which companies adhere to universal

principles on human rights, environment and business ethics.


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