Tata Steel Chosen as World's Most Ethical Companies for 10th Time
Tata Steel has been recognised by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2021
Tata Steel has been recognised by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2021 World’s Most Ethical Companies. Tata Steel has received this recognition for the 10th time and is one of the only three honourees in the Metals, Minerals & Mining industry. In 2021, 135 honourees spanning 22 countries and 47 industries have been recognised. This honour is reserved for a select number of companies with exceptional programmes and a commitment to advancing business integrity.
Tata Steel CEO & MD Mr TV Narendran said “It is indeed an honour to be recognised by Ethisphere as one of the most ethical companies in the world. Today, for companies like Tata Steel that have a global footprint, there is a large societal responsibility and therefore following highest level of ethical standards receives topmost priority. The robust internal systems that we have created including various policies and initiatives ensure that understanding and maintaining global and regional standards for ethical way of doing business is embraced across the company and around the world. The recognition encourages us to further our journey towards sustainable development by reemphasising our focus on highest ethical values, environment and well-being of our people and community.”
Ethical behaviour is intrinsic to Tata Steel’s business philosophy and has been part of its legacy since inception, as envisioned by the Founder Jamsetji Tata, who believed that a business must operate in a manner such that it respects the rights of all its stakeholders and creates overall value for the society. Each year, Tata Steel observes the month of July as ‘Ethics Month’ across the organisation to reinforce its ethical culture.