Corporate social responsibility of tata group 2013. [PDF] Corporate Social Responsibility: A Case Study Of TATA Group 2022-12-17
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Corporate social responsibility (CSR) refers to the voluntary efforts of businesses to address the social, environmental, and economic impacts of their operations and to contribute to the well-being of the communities in which they operate. The Tata Group, one of India's largest conglomerates, has a long history of embracing CSR and incorporating it into its business practices.
In 2013, Tata Group's CSR efforts were focused on several key areas, including education, health, and community development. The company's "Tata ClassEdge" program, for example, aimed to improve the quality of education in rural and urban areas by providing schools with digital learning resources and teacher training. The Tata Group also invested in various health initiatives, including the Tata Medical Center in Kolkata, which provided cancer treatment to underprivileged patients, and the "Tata Swach" program, which aimed to provide clean drinking water to rural communities.
In addition to these specific programs, the Tata Group also worked to improve the lives of the communities in which it operated through initiatives like the "Tata Community Development Trust," which supported the development of infrastructure and amenities in villages and towns near Tata facilities. The company also supported the development of local micro, small, and medium enterprises (MSMEs) through its "Tata Kalinga" program, which provided training and support to help these businesses succeed.
In 2013, the Tata Group also made significant efforts to reduce its environmental impact and promote sustainability. The company set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy, and it implemented a range of energy-efficiency measures in its facilities. In addition, the Tata Group supported initiatives to conserve natural resources and protect biodiversity, such as the "Tata Water Mission," which aimed to improve water management in local communities.
Overall, the Tata Group's CSR efforts in 2013 demonstrated a strong commitment to addressing the social and environmental impacts of its operations and to contributing to the well-being of the communities in which it operates. The company's comprehensive approach to CSR reflects its belief that businesses have a responsibility to contribute to the development of sustainable and inclusive societies.
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Our academic experts are ready and waiting to assist with any writing project you may have. In this context a focus area for the group is the climate change crisis. However, brand recognition is less of a competitive advantage as Tata expands globally. The thrust areas for Tata Steel are sustainable livelihood - especially skill development and employability training, education and health care, all of which constitute the Human Development Index - a quality of life indicator. If yes specify the broad areas. Its efforts to preserve and regenerate the environment find expression in the slew of projects and programmers it has undertaken in and around its facilities and operations. We understand that climate change will render the most vulnerable even more so and unable to deal with the impacts.
Tata Steel's structured and planned Affirmative Action strategies are focussed on Education, Employability, Employment and Entrepreneurship. Out of the various stakeholders, it is financial analysts who are predominantly focused — as well as past financial performance — on quality of management as an indicator of likely future performance. Agricultural training was given to minimize the use of environmentally hazardous methods and materials. Tata Steel has evolved, over the years, an encompassing culture of social responsibility that not only sustains but also enriches the lives of the communities it supports. It is now considered as an essential part of the corporate strategy. Social infrastructure like education is as important as physical infrastructure, not only for sustaining high growth but also for enhancing welfare. Tata companies are involved in a wide variety of community development and environment preservation projects.
CORPORATE SOCIAL RESPONSIBILITY OF TATA blog.sigma-systems.com
Their legacy of returning to society what they earn put forward trust among consumers, employees, shareholders and the community. Organizations have realized that in addition to growing businesses it is also very important to build responsible and sustainable relationships with the large community. They also provide money, medicines and equipment to non-profit organizations that work towards improving health and education in under-served communities. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. In addition to the Apprenticeship programmes that are run within the premises of the manufacturing units, as per the Apprenticeship Act 1961, the Company has also initiated several efforts to enhance employability of youth. Tata companies work on projects that include repairing green cover, reducing effluents and emissions, maintaining local ecologies and improving long term corporate The Tata group has a set of explicit guidelines on environmental and ecological issues, and a broad range of policies aimed at helping Tata companies protect, conserve and restore our natural resources.
[PDF] Corporate Social Responsibility: A Case Study Of TATA Group
Share this: Facebook Facebook logo Twitter Twitter logo Reddit Reddit logo LinkedIn LinkedIn logo WhatsApp WhatsApp logo Introduction Definition and History of CSR Corporate social responsibility CSR means considering the wellbeing of humanity by taking responsibility of the impact of organizations actions on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the surroundings. Tata Steel's direct contribution to community development is Rs. Over 350 local youth have been trained in partnership with the government and the social sector, making them employable at the new plant location of Singur. Overall development of a community to supporting specific causes like education, environment, healthcare etc. They work in tribal villages where they provide medical check-up and treatment, health camps, health awareness programs, etc. A crucial component of the Tata idea of nation building was, and remains, the creation and sustaining of exceptional institutions of learning, research, knowledge and intellectual capital.
Many CSR initiatives are implemented by corporate in partnership with Non-governmental organizations NGOs who are well versed in working with the local communities and are experts in tackling specific social problems. The company started as a private trading firm but it is currently one of the biggest conglomerates globally Humayun and Ram, 2019. The Three Pillars of Sustainability 2020 Adapting to New Markets: Internal Sustainability Jamsetji Tata, the founder of the Tata Group, predicated economic success on putting the community first and investing patiently in social initiatives 140 years ago. Corporate Risk Management team organises multiple workshops for various functions. A large portion of population seek medical care services from private sector despite the fact that most of these patients do not have the means to make out-of-pocket payments for private health services National Health Policy 2002. Together, they also started The SAP Labs Center of HOPE in Bangalore, which serves as a home for street children, where they provide food, clothing, shelter, medical care and education.
If so, provide details thereof, in about 50 words or so. And they are following the saying of their ancestors as: Tata Steel CSR team was to work for the welfare of the socially and economically disadvantaged communities living in and around its areas of operation, including the mines and collieries serving the plant. Special programmes are also run for women including sewing training, beautician courses, manufacturing food products and utility items and cable harnessing and assembly work. This report focuses on the Corporate Social Responsibility of TATA Group including why the company needs to. We are aware that certain businesses or products, though highly profitable, are more prone to have higher negative impacts on society. If yes, please give hyperlink for web page etc.
The entire gamut of CSR activities are implemented through the following delivery arms: Corporate Social Responsibility department comprising Tata Steel Rural Development Society, Tata Steel Family Initiatives Foundation, Tata Steel Tribal Cultural Society and Tata Steel Skill Development Society. Take the following illustration: Companies need to answer to two aspects of their operations: 1. While taking the positive impact of the products and services such as increased customer productivity, above average fuel mileage, more affordable products etc. As a result of such inadequate public health facilities, it has been estimated that less than 20 percent of the population, which seek OPD services, and less than 45 percent of that which seek indoor patient treatment, avail of such services in public hospitals. The initiatives include both preventive as well as curative health care services. Bharat Nirman Target: 10 million hectares of additional irrigarion capacity to be created by 2009 Check dams and community irrigation wells have been constructed at villages near Pune, improved irrigation to augmenting incomes of families.
If yes details thereof. Brand Equity survey is carried out for our brands like Tata Shaktee and Tiscon. This is for easy traceability at the construction site to reduce inadvertent misuse of rebar by bar-benders. In Financial Year 2013-14 we revisited our stakeholder management process and materiality map. As Tata continues to expand globally, its responsibilities towards its stakeholders — investors, employees, and communities — are changing.
