Tata Chemicals Limited has been honoured with the highest accolade, the Gold award, in “Excellence in BRSR (Business Responsibility and Sustainability Reporting) Mid Cap – Manufacturing Sector” at the third ICAI (Institute of Chartered Accountants of India) Sustainability Reporting Awards 2022-23. Rallis India Limited, a subsidiary of Tata Chemicals, bagged the Silver award in the same category.
The recognitions by the ICAI underscore the organisations’ sustainability reporting practices, reflecting the dedication towards championing innovation, encouraging continuous improvements, and implementing knowledge and skills to achieve strategic objectives.
Nandakumar S Tirumalai, Chief Financial Officer, Tata Chemicals said, “We are honoured to receive the highest awards on excellence in sustainability reporting by the Institute of Chartered Accountants of India. These prestigious acknowledgments highlight our commitment to sustainability and continuous improvement in reporting standards on ESG. We steadfastly reinforce sustainability principles and continuously strive to set new benchmarks in the field of corporate responsibility and related disclosures”.
As per the press release, both companies are dedicated to integrating environmental, social and governance (ESG) principles into its businesses, emphasising the enhancement of the communities it serves.
Guided by its board-level SHES (Safety, Health, Environment and Sustainability) committee, Tata Chemicals and Rallis prioritise safety and sustainability in strategic initiatives, budgets, audits and improvement plans. Periodic internal reviews of charters and policies, overseen by senior management and board committees, highlight their comprehensive approach to safety and sustainability implications.
