Tata Steel has ranked amongst the highest 5 metal firms in Dow Jones Sustainability Indices (DJSI) Company Sustainability Evaluation 2020. The outcomes of the Evaluation have been declared by S&P International within the second week of November 2020.
The Firm has retained its place within the DJSI Rising Markets (EM) Index for the ninth 12 months in a row. Tata Metal is among the 11 firms from India and one among solely two metal firms from Rising Markets which have made it to the EM Index (comprising 100 firms).
Sanjiv Paul, Vice President (Security, Well being & Sustainability), Tata Metal, mentioned, “We’re proud to be part of DJSI Rising Markets Index 2020. Our constant efficiency over time is testimony to the truth that sustainable enterprise practices are core to Tata Metal’s imaginative and prescient and total technique. The Firm’s enterprise philosophy has at all times been underpinned by imbibing duty in the direction of planet Earth in our operations, guaranteeing the well being and security of individuals at our workplaces, balancing financial prosperity and producing social advantages for the neighborhood. This recognition reaffirms our dedication to a sustainable tomorrow.”
Manjit Jus, International Head of ESG Analysis and Knowledge, S&P International mentioned, “We congratulate Tata Metal Restricted for being included within the DJSI Rising Markets. A DJSI distinction is a mirrored image of being a sustainability chief in your {industry}. With a file variety of firms taking part within the 2020 Company Sustainability Evaluation and extra stringent guidelines for inclusion this 12 months, this units your organization aside and rewards your continued dedication to folks and planet.”
Tata Metal Restricted has been taking part within the Company Sustainability Evaluation (CSA) since 2012 and has been a member of DJSI Rising Markets Index for 9 consecutive years.
The DJSI Company Sustainability Evaluation (CSA) is an annual analysis of firms’ sustainability practices since 1999. Annually over 7300 firms world wide are assessed on Financial/Governance, Environmental and Social dimensions specializing in standards which are each industry-specific and financially materials.