Corporate social responsibility of tata group 2013. CSR 2022-11-17
Corporate social responsibility of tata group 2013 Rating:
Corporate social responsibility (CSR) refers to the voluntary efforts of businesses to address the social, environmental, and economic impacts of their operations and to contribute to the well-being of the communities in which they operate. The Tata Group, one of India's largest conglomerates, has a long history of embracing CSR and incorporating it into its business practices.
In 2013, Tata Group's CSR efforts were focused on several key areas, including education, health, and community development. The company's "Tata ClassEdge" program, for example, aimed to improve the quality of education in rural and urban areas by providing schools with digital learning resources and teacher training. The Tata Group also invested in various health initiatives, including the Tata Medical Center in Kolkata, which provided cancer treatment to underprivileged patients, and the "Tata Swach" program, which aimed to provide clean drinking water to rural communities.
In addition to these specific programs, the Tata Group also worked to improve the lives of the communities in which it operated through initiatives like the "Tata Community Development Trust," which supported the development of infrastructure and amenities in villages and towns near Tata facilities. The company also supported the development of local micro, small, and medium enterprises (MSMEs) through its "Tata Kalinga" program, which provided training and support to help these businesses succeed.
In 2013, the Tata Group also made significant efforts to reduce its environmental impact and promote sustainability. The company set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy, and it implemented a range of energy-efficiency measures in its facilities. In addition, the Tata Group supported initiatives to conserve natural resources and protect biodiversity, such as the "Tata Water Mission," which aimed to improve water management in local communities.
Overall, the Tata Group's CSR efforts in 2013 demonstrated a strong commitment to addressing the social and environmental impacts of its operations and to contributing to the well-being of the communities in which it operates. The company's comprehensive approach to CSR reflects its belief that businesses have a responsibility to contribute to the development of sustainable and inclusive societies.
The companies export products and services to 120 nations, across six continents. Also, the emphasis on Ethnicity exhibits our commitment to sustain the culture of communities we serve. . To ensure this, we propose that the voluntary Tata Index be made mandatory and moved under the TQMS group. However, profitability has often been an undercurrent and a driving force behind this development.
CORPORATE SOCIAL RESPONSIBILITY OF TATA complianceportal.american.edu
CSR is not a latest notion in India. Every coin acquired entails two facets; a growth in business rivalry and competition are taking a toll on transparency, quality, the society as well as the environment in general hence endangering a peaceful coexistence between the society and business Dahlsrud, 2017. No stakeholder complaints were received in Financial Year 2013-14. We understand that climate change will render the most vulnerable even more so and unable to deal with the impacts. Social infrastructure like education is as important as physical infrastructure, not only for sustaining high growth but also for enhancing welfare.
Undoubtedly "profitability" has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut throat competition and business rivalries started taking heavy toll on the quality, transparency, environment and the society in general endangering the peaceful coexistence of business and society. If yes, please give hyperlink for web page etc. The new materiality map prepared objectively with external help identifies community development as one of the most material issues for us and our stakeholders. TATA Group exemplifies a sense of responsibility by uplifting common masses. If so, provide details thereof, in about 50 words or so. The five core values of Tata family are integrity, understanding, excellence, unity and responsibility. In Jamshedpur, in over 152 acres tree plantation has extensively been carried out and 85 acres of land has been brought under irrigation Other CSR Objectives Sumant Moolgaokar Development Foundation Sumant Moolgaokar Development Foundation SMDF has been founded in memory of our ex-chairman Late Shri Sumant Moolgaokar with a view to perpetuate his exemplary work in rural development.
Brand Equity survey is carried out for our brands like Tata Shaktee and Tiscon. The first challenge that Tata must address is to align its existing Corporate Social Responsibility policies, both internal in regards to the treatment of its workers and green initiative as well as external support for surrounding communities with the customs and challenges of the new markets in which it operates. While taking the positive impact of the products and services such as increased customer productivity, above average fuel mileage, more affordable products etc. It is approached in a more organized and structured fashion. If so, provide details thereof, in about 50 words or so. Corporate Social Responsibility CSR. A large portion of population seek medical care services from private sector despite the fact that most of these patients do not have the means to make out-of-pocket payments for private health services National Health Policy 2002.
[PDF] Corporate Social Responsibility: A Case Study Of TATA Group
Over 350 local youth have been trained in partnership with the government and the social sector, making them employable at the new plant location of Singur. Many CSR initiatives are implemented by corporate in partnership with Non-governmental organizations NGOs who are well versed in working with the local communities and are experts in tackling specific social problems. The quality of their management — both in terms of people and processes the inner circle. Maintenance of solar street lights after installation is important. If anything, they are on the rise.
If yes details thereof. Keeping these figures in mind, the Company has launched several initiatives for improving the health status of community members in the CSR project areas across locations. Special programmes are also run for women including sewing training, beautician courses, manufacturing food products and utility items and cable harnessing and assembly work. Our CSR programmes aim to be relevant to local, national and global contexts, keep disadvantaged communities as the focus based on globally agreed sustainable development principles and be implemented in partnership with governments, NGOs and other relevant stakeholders. Our academic experts are ready and waiting to assist with any writing project you may have.
Detailed Test Certificates are provided to customers as per the terms of the contracts with them. They work in tribal villages where they provide medical check-up and treatment, health camps, health awareness programs, etc. Its efforts to preserve and regenerate the environment find expression in the slew of projects and programmers it has undertaken in and around its facilities and operations. A focus area, in this context, is the climate change crisis. Organizations have realized that in addition to growing businesses it is also very important to build responsible and sustainable relationships with the large community. To this we propose a Product Lifecycle Impact Metric Exhibit 3.
The thrust areas for Tata Steel are sustainable livelihood - especially skill development and employability training, education and health care, all of which constitute the Human Development Index - a quality of life indicator. Today, CSR in India has gone ahead of only charity and donations. Tata companies are involved in a wide variety of community development and environment preservation projects. Alignment to Millennium Development Goals and Bharat Nirman Target Impact in 2007-08 Millennium Development Goals 7: Ensure environment sustainablity With an 80% survival rate, over 175,242 saplings have been planted. This is one of the examples of CSR. The Company's mines, collieries and Steel works are located in areas dominated by disadvantaged, vulnerable and marginalised communities with poor socio-economic indicators. A crucial component of the Tata idea of nation building was, and remains, the creation and sustaining of exceptional institutions of learning, research, knowledge and intellectual capital.
If so, provide details thereof, in about 50 words or so. CORPORATE SOCIAL RESPONSIBILITY: TATA GROUP EXECUTIVE SUMMARY From the commencement of the barter system to the contemporary era of plastic money like credit cards and ATM cum Debit Card, mankind has walked through a remarkably lengthy path Baumann-Pauly et al, 2018. Select members from the village community are enlisted onto the Urja Samitees energy committees and are responsible for the maintenance of the solar panels. Aspects of Tata Group CSR performance………………………………………. Tata Steel is the only steel company to codify the diameter of the rebar embossed on the surface. Moreover, Sports department, Urban Services, Medical Services, Tata Steel Adventure Foundation, other societies e.
Overall development of a community to supporting specific causes like education, environment, healthcare etc. While Tata created a synergy between Corporate Social Responsibility and profits in India, it must recognize that, going forward, no one-size-fits-all Corporate Social Responsibility strategy exists. In addition, the company develops the nations and protects the environment using its core Corporate Social Responsibility principles including Beyond Compliance, Linked to Business, Impactful and Opportunities for volunteering among others. Companies have also realized that CSR can be used as a growth strategy. SAP India in partnership with Hope Foundation, an NGO that works for the enhancing the poor and the needy throughout India, has been working on short and long-term transformation initiatives for the tsunami victims. In this context a focus area for the group is the climate change crisis. An increasing number of organizations are currently taking part in CSR and it has become a trend.