Business Responsibility Report

  2. Statutory Reports
  3. Business Responsibility Report

[Pursuant to Regulation 34(2)(f) of the SEBI Listing Regulations]

INTRODUCTION

The Company is one amongst the globally leading manufacturers in the automobile segment and continues to be India’s largest automobile Company with a consolidated revenue of Rs.304,903.71 Crores in FY 2019. Being the first Indian Company from the engineering sector to be listed on the New York Stock Exchange, the Company beliefs in the core philosophy of ‘Good Corporate Citizenship’ staying committed to sustainability and the spirit of ‘giving back to society’. The Company is present across all segments of the commercial and passenger vehicles, with a widespread through over 6,600 dealerships offerings sales and services as well as having established spare parts network touch points.

The Business Responsibility Report illustrate the Company efforts towards creating enduring value for all stakeholders in a responsible manner. This Report is aligned with National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVG-SEE) released by Ministry of Corporate Affairs and is in accordance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations). This report provides an overview of the activities carried out by the Company under each of the nine principles as outlined in NVG.

SECTION A: GENERAL INFORMATION ABOUT THE COMPANY

  1. Corporate Identity Number (CIN) of the Company: L28920MH1945PLC004520
  2. Name of the Company: Tata Motors Limited
  3. Registered address: Bombay House, 24, Homi Mody Street, Mumbai - 400001
  4. Website: http://www.tatamotors.com/
  5. E-mail id: inv_rel@tatamotors.com
  6. Financial Year reported: 2018-19
  7. Sector(s) that the Company is engaged in (industrial activity code-wise)
  1. List three key products/services that the Company manufactures/provides (as in balance sheet)
    1. Passenger Cars
    2. Commercial Vehicles
    3. Vehicles sales and service

    (Please refer to the Company's website www.tatamotors.com for complete list of its products)

  2. Total number of locations where business activity is undertaken by the Company
    1. Number of International Locations (Provide details of major 5): Through subsidiaries and associate companies, the Company operates in over 175 markets and has over 6600 sales and service touch points. The Company has manufacturing facilities in the UK, South Korea, Thailand, South Africa and Indonesia.
    2. Number of National Locations – The Company manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat) and Dharwad (Karnataka).

      Please refer Our Geographical Presence section of the Company’s Annual Report FY 2018-19 for complete list of our” global operations.

  3. Markets served by the Company - Local/State/National/International

    The Company vehicles and services cater to entire Indian market. The Company’s commercial and passenger vehicles are already being marketed in several countries in North America, Central and South America, Africa, Europe, Asia and Oceania.

    Please refer “Presence across markets” section of the Company’s Annual Report FY 2018-19 for complete list of markets served

SECTION B: FINANCIAL DETAILS OF THE COMPANY

  1. Paid up Capital (INR): Rs. 679.22 crores
  2. Total Turnover (INR): Rs. 67,611.07 crores (Standalone basis without joint operations)
  3. Total Profit After Taxes (INR): Loss of Rs. 1,903.94 crores (Standalone basis without joint operations)
  4. Total Spending on Corporate Social Responsibility (CSR) as percentage of profit after tax (%): Total expenditure reported is Rs. 22.21 crores (Standalone basis without joint operations).
  5. List of activities in which expenditure in 4 above has been incurred: -

The Company has been regularly conducting a community engagement strategy which revolves around four focus themes:

  1. Arogya (Health): The focus is to work on addressing child malnutrition, health awareness for females. This initiative provides preventive & curative health services to community. In Fiscal 2019, 381,437 members benefited from our health initiatives.
  2. Vidyadhanam (Education): This initiative aims to improve the quality of education in schools by offering scholarship to meritorious and needy secondary school students, organizing special coaching classes to improve academic performance in Class X Board exam, supporting school infrastructure and organizing co-curricular activities for well-rounded personality development. In Fiscal 2019, 146,894 students have been benefitted through the education program
  3. Kaushalya (Employability): This program has been designed to enhance skill development amongst youth. It includes inculcating marketable skills in school dropout youth in auto sector, non-auto trades, agriculture and allied activities. It also, strengthens the Industrial Training Institutes by offering domain expertise of automotive skills through knowledge partnership. In FY 2019, the Company has trained 106,038 youth and farmers.
  4. Vasundhara (Environment): The Company’s approach to improve the environment included promotion of renewable energy, creation of carbon sinks through large scale sapling plantation, construction of water conservation structures and building awareness among the community members. Under this initiative 1,117,186 saplings .have been planted through are various program and our environmental awareness programs aim to sensitize young children and we have been able to reach out to 89,263 people.

    Please refer ‘CSR Report’ - Annexure-2 section of the Company’s Annual Report FY 2018-19 and the Company’s Annual CSR Report FY2018-19 for detailed community engagement strategy and key initiatives. These reports are available on our website www.tatamotors.com.

SECTION C: OTHER DETAILS

  1. Does the Company have any Subsidiary Company/Companies?

    The Company has 99 direct and indirect subsidiaries in India and abroad as year ended March 31, 2019

  2. Do the Subsidiary Company/Companies participate in the BR Initiatives of the parent company? If yes, then indicate the number of such subsidiary company(s)

    The Company positively influences and encourages its subsidiaries to adopt Business Responsibility (BR) initiatives. All the Company’s subsidiaries are guided by Tata Code of Conduct (TCoC) to conduct their business in an ethical, transparent and accountable manner. It covers suppliers, customers and other stakeholders. It also addresses key BR issues like Quality and Customer value, Corruption and Bribery, Health and Safety, Environment, Human Rights and Employee well-being.

  3. Do any other entity/entities (e.g. suppliers, distributors etc.) that the Company does business with participate in the BR initiatives of the Company? If yes, then indicate the percentage of such entity/entities? [Less than 30%, 30-60%, More than 60%]

    The Company’s suppliers and distributors are critical aspects in supply chain operations and its sustainability issues can have glaring impact on overall operations. The Company engages with its suppliers and channel partners on BR initiatives through Sustainable Value Chain Program. The suppliers and dealers sustainability initiatives serves as a platform to raise awareness on sustainability topics such as health, safety, environmental and community at a large. The vendors and dealers situated across all locations participate in these sustainability initiatives, although, currently around 30% of value chain entities participate in these BR initiatives except 100% of our critical suppliers have been covered under the sustainable supply chain initiative.