Business Responsibility Report

  2. Statutory Reports
  3. Business Responsibility Report

SECTION D: BR INFORMATION

  1. Details of Director/Directors responsible for BR
  1. Details of the Director/Directors responsible for implementation of the BR policy/policies.
  1. Details of the BR head
  1. Principle-wise (as per NVGs) BR Policy/policies (Reply in Y/N)

    The National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business released by the Ministry of Corporate Affairs has adopted nine areas of Business Responsibility. These are as follows:

P1 – Businesses should conduct and govern themselves with Ethics, Transparency and Accountability.
P2 – Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle.
P3 – Businesses should promote the well-being of all employees.
P4 – Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized.
P5 – Businesses should respect and promote human rights.
P6 – Businesses should respect, protect, and make efforts to restore the environment.
P7 – Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner.
P8 – Businesses should support inclusive growth and equitable development.
P9 – Businesses should engage with and provide value to their customers and consumers in a responsible manner.

* All the policies are signed by the Managing Director or an Executive Director. All the policies in Tata Motors are carved from its Guiding Principles and Core Values. These policies are mapped to each principle hereunder:

  1. GOVERNANCE RELATED TO BR
    1. Indicate the frequency with which the Board of Directors, Committee of the Board or CEO to assess the BR performance of the Company. Within 3 months, 3-6 months, Annually, More than 1 year

      Executive Committee (ExCom) reviews and assesses the various aspects of BR performance of the Company. The frequency of ExCom meetings for BR Review is 3-6 months.
      Please refer “Corporate Governance” section of the Company’s Annual Report Fiscal Year 2017-18 for various Board Committees and their roles and responsibilities.

    2. Does the Company publish a BR or a Sustainability Report? What is the hyperlink for viewing this report? How frequently it is published?

      The Company has been publishing Annual Sustainability Reports in accordance with globally recognized Global Reporting Initiative (GRI) Standards. These reports also serve as the Company’s Communication on Progress (COP) as part of United Nations Global Compact (UNGC) signatory reporting obligations and have been aligned with the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, released by Ministry of Corporate Governance. The Company also published Annual CSR Report this year to highlight the community engagement strategy and performance. The Company’s CSR Report can be viewed at https://www.tatamotors.com/wp-content/uploads/2017/12/14090619/annualSustainabilityReport2016-17.pdf and the Sustainability report can be viewed at https://www.tatamotors.com/wpcontent/uploads/2015/10/06100728/tml-sustainabilityreport-2016-17.pdf.