Tata Steel spent Rs. 221.98 crore (193 Cr in 2019-20) on Corporate Social Responsibility (CSR) activities.
The objective of Tata Steel’s Corporate Social Responsibility (‘CSR’) initiatives is to improve the quality of life of communities through long-term value creation for all stakeholders. The Company has in place a CSR policy which provides guidelines to conduct CSR activities of the Company.
The Company has pioneered various CSR initiatives and continues to remain focussed on improving the quality of life.
During the last year, Tata Steel CSR programme reached more than 16 lakh (1.6 million) lives in the areas of health, access to drinking water, education, livelihood, sports and infrastructure development and most importantly through the interventions to support the community to combat the COVID-19 pandemic.
During the first wave of the pandemic in India, the company could support about 10 lakh (1 million) citizens. The company supported the communities and migrant labourers.
The Company implements its CSR programmes primarily through the Tata Steel Foundation, which works in close collaboration with public systems and partners.
Signature CSR programmes
The Company’s signature CSR programmes are recognised as models of positive change addressing critical development issues at scale in school education, maternal and neonatal health, tribal identity and building of a multi thematic corridor of well-being connecting its operational hubs in Jharkhand and Odisha.
The Company also focuses on development imperatives of communities proximate to its operations especially indigenous tribal groups through multiple initiatives including enhancing household livelihoods, eliminating child labour and empowering women, youth and ‘Persons with Disabilities’.
CSR Policy
Its CSR initiatives are guided by our CSR Policy. The Policy was first adopted on September 17, 2014.
Focus area
The CSR activities focus on education, health, water, livelihood, rural and urban infrastructure and are in alignment with key focus areas of the Tata Group. It also undertakes community-centric interventions in the areas of sports, disaster relief, environment and ethnicity.
Support to Indigenous communities
Tata Steel’s operations require significant resettlement and rehabilitation of indigenous communities residing in proximity of its operating sites. Its Affirmative Action Policy and Corporate Social Responsibility and Accountability Policy lay down the rules of engagement with the affected parties.
The CSR ensures that Tata Steel upholds the highest standards of human rights as part of rehabilitation and resettlement, both before and after project completion.
It also undertakes community-centric interventions in the areas of sports, disaster relief, environment and ethnicity.
(CopyRight@IndiaCSRNetwork)
