Tata Steel has ranked amongst the top 5 steel companies in Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment 2020. The results of the Assessment were declared by S&P Global in the second week of November 2020.
The Company has retained its position in the DJSI Emerging Markets (EM) Index for the 9th year in a row. Tata Steel is one of the 11 companies from India and one amongst only two steel companies from Emerging Markets that have made it to the EM Index (comprising 100 companies).
Sanjiv Paul, Vice President (Safety, Health & Sustainability), Tata Steel, said, “We are proud to be a part of DJSI Emerging Markets Index 2020. Our consistent performance over the years is testimony to the fact that sustainable business practices are core to Tata Steel’s vision and overall strategy. The Company’s business philosophy has always been underpinned by imbibing responsibility towards planet Earth in our operations, ensuring the health and safety of people at our workplaces, balancing economic prosperity and generating social benefits for the community. This recognition reaffirms our commitment to a sustainable tomorrow.”
Manjit Jus, Global Head of ESG Research and Data, S&P Global said, “We congratulate Tata Steel Limited for being included in the DJSI Emerging Markets. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet.”
Tata Steel Limited has been participating in the Corporate Sustainability Assessment (CSA) since 2012 and has been a member of DJSI Emerging Markets Index for nine consecutive years.
The DJSI Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices since 1999. Each year over 7300 companies around the world are assessed on Economic/Governance, Environmental and Social dimensions focusing on criteria that are both industry-specific and financially material.