Stakeholder inclusiveness
ENGAGING CLOSELY WITH STAKEHOLDERS
Stakeholder engagement is critical to the Tata Motors Group’s long-term performance and sustainability.
Engagement aimed at establishing and maintaining mutually beneficial relationships creates both opportunities to enhance performance and manages emerging risks to the business. We focus on creating long-term relations with a range of stakeholders to continuously improve the alignment of interests between the Group and its key stakeholders. We remain committed to maintaining the highest standards of integrity and ethical conduct in dealing with all our stakeholders.
Material issues
MOST SIGNIFICANT ISSUES FOR VALUE CREATION
At Tata Motors Group, we take a holistic approach to sustainable value creation.
We have identified significant issues which may have impact on our value-creation capabilities in the short, medium and long term, through dialogues with different stakeholder groups. Although there are a wide range of issues on our radar, and every one of them matters, they are not all under our direct influence. In order to make a positive contribution to addressing the challenges while making the most of the opportunities, we have categorised the issues as per their priorities. These issues are further addressed through our strategy.
- Customer satisfaction
- Regulatory compliance
- Product innovation and competitiveness
- Occupational Health and Safety
- Water
- Economic performance
- Emissions to air
- Energy and GHG emissions
- Environment, labour and human rights in supply chain
- Training and education
- Labour management relations
- Effluent and waste management
- Raw material and recycled material usage
- Human rights
- Product labelling
- Procurement practices
- Social media
- Gender diversity
- Public policy advocacy
- Biodiversity
- Local communities