Tata Steel’s Jamshedpur Steel Mill became the first in India to achieve the ResponsibleSteel Certification

Mumbai, 31 October 2022

~ The company received ResponsibleSteel Certification for three facilities in Jamshedpur ~

~ResponsibleSteel is a global multi-stakeholder certification and standards program for steel manufacturers ~

Tata Steel today put India on the global decarbonization and sustainability map with its three production facilities in Jamshedpur receiving the coveted ResponsibleSteel Certification. The Company’s Steel Works, Tubes Division and Cold Rolling Mill (Bara) in Jamshedpur have joined an exclusive group of steel production sites worldwide to receive the ResponsibleSteel Certification, which also includes some of the world’s other renowned steel producers.

ResponsibleSteel is the steel industry’s first global multi-stakeholder standards and certification initiative that works with steel producers, consumers, and intermediaries to build a sustainable steel industry by addressing pressing challenges including climate change, diversity, human rights and more.

Q V. Narendran, CEO & MD, Tata Steelit says: “This is a historic moment for Tata Steel and an important step in our sustainability journey. Globally, the steel industry is at a critical juncture and the larger impacts of how we produce and consume steel need to be addressed urgently. For Tata Steel this has always been a very important part of our journey since we first produced steel at Jamshedpur in 1912. We are honored to receive the ResponsibleSteel Certification for our three facilities and will work to achieve this recognition for all of our production sites. I thank the ResponsibleSteel team, the auditors, the assurance panel and the team at Tata Steel for their efforts in making this happen.”

Annie Heaton, CEO, Responsible Steel, it says: “We warmly congratulate Tata Steel on this great achievement. Tata has demonstrated the vision, commitment and investment and has worked very hard to achieve ResponsibleSteel certification for the Jamshedpur site, the first Tata Steel site to be certified and the first ResponsibleSteel certification in India. It is not enough to just focus on reducing carbon emissions. Certified sites must also ensure that they are fully aligned with the other sustainability objectives of the Standard, for example ensuring good water management, creating healthy and safe workplaces, protecting labor rights, and engaging with local communities and other stakeholders. This is a significant achievement for Tata Steel, and everyone involved.”

Tata Steel has been a member of ResponsibleSteel since October 2020.

As a century-old Company, Tata Steel believes in the need for strong governance policies and frameworks to ensure growth and responsibility to all stakeholders go hand in hand. The company has announced its key sustainability goals including Net Zero Carbon by 2045, Net Zero Water consumption by 2030, Improved Ambient Air Quality and No Net loss in Biodiversity by 2030.

About Tata Steel

The Tata Steel Group is one of the top global steel companies with an annual raw steel capacity of 34 million tons per year. It is one of the most geographically diversified steel producers in the world, with operations and commercial presence worldwide. The Group recorded a consolidated turnover of US$32.83 billion in the financial year ending 31 March 2022.

A Great Place To Work CertifiedTM organization, Tata Steel Limited, together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of more than 65,000. Tata Steel has been part of the DJSI Emerging Markets Index since 2012 and has consistently been among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. In addition to being a member of ResponsibleSteelTM, Worldsteel Climate Action Program and World Economic Forum Global Parity Alliance, Tata Steel has won several awards and recognition including World Economic Forum Global Beacon recognition for Jamshedpur, Kalinganagar and IJmuiden Mills, and Prime Minister’s Cup for best performing integrated steel mill for 2016- 17. The company, which is ranked as the most valuable Metals & Mining brand in India by Brand Finance, is among CII Top 25 innovative Indian Companies in 2021 and top 10 sustainable organizations of India Hurun Research Institute in 2021 Capri Global Capital Hurun India Impact 50 , received Steel Sustainability Champion recognition from worldsteel for five consecutive years, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk – Metals & Mining Sector award at The India Risk Management Awards during six years in a row, and the FY20 Award for Excellence in Financial Reporting from ICAI, among others.

To find out more, visit www.tattasteel.com and We Also Make Tomorrow

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Disclaimer:

Statements in this press release that describe the performance of the Company may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that may affect the Company’s operations include economic conditions affecting demand/supply and price conditions in the domestic and foreign markets where the Company operates, changes in or due to the environment, Government regulations, laws, statutes, statements judicial and/or other incidental factors.

For media inquiries contact:

Sarvesh Kumar

Head, Corporate Communications – Tata Steel

Email: sarvesh.kumar@tatassteel.com





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