(L to R) Gajendra Chandel, CHRO, Thomas Flack, Chief Purchasing Officer, Satish Borwankar, COO & ED and Arvind Bodhankar Head SHE & Sustainability.
5 September, 2018
Releases its 14th Annual Sustainability Report FY 2017-18
Tata Motors released its 14th Annual Sustainability Report, titled ‘Sustainable Mobility, Smart Cities’, reinforcing its commitment towards ‘Triple Bottom Line’ – Social, Environmental and Economical. The report was unveiled by Mr. Satish Borwankar, COO & ED on 31st August, 2018. The report is prepared as per the GRI Standards ‘in accordance – comprehensive’ criteria and externally assured by TUV India. It is also aligned to the principles of ‘United Nations Global Compact’, ‘Sustainable Development Goals’ and ‘National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business’ of the Ministry of Corporate Affairs, Government of India.
Tata Motors launched its Sustainability Policy in November 2017, with the aim of creating value, contributing to sustainable development and demonstrate the corporate citizenship. The policy guides in establishing sustainability governance, identification of material sustainability issues and development of sustainability strategies aligned with global and national sustainability commitments. The policy stimulates Tata Motors aspirations to become the global sustainability leader in the transport sector considering futuristic mobility solutions.
Speaking on the occasion, Mr. Guenter Butschek, MD & CEO, Tata Motors said “With rapid technological advancements in the field of autonomous, connected, electric and shared vehicles, a comprehensive approach to sustainable development of the entire ecosystem is crucial. Tata Motors has been leading the technology changes in the industry while at the same time striving hard to institutionalize sustainable practices in every aspect of business. Our approach to sustainability is not a mere compliance one but a continuous improvement one with inclusiveness at its core. With this objective, we have launched the Sustainability Policy for Tata Motors.”
By aligning the firm’s work with the Sustainable Development Goals (SDGs), Tata Motors has brought about transformational changes not just within the businesses but also for driving change within the societies that they serve globally. Key highlights of the initiatives and achievements by Tata Motors are listed below:
Tata Motors has successfully aligned their sustainability strategy to their business vision of 2019 and will continue to approach sustainability in an all-inclusive way. With set performance parameters for all the material issues, they have developed action plans for achieving the same in this fiscal year. To know more about Tata Motors commitment towards sustainable development and corporate citizenship, please click on the link below:
About Tata Motors
Tata Motors Limited (BSE: TATAMOTORS), a USD 45 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. Part of the USD 100 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 109 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.
With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, the UK, Italy and Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.