Tata Chemicals bags 4th spot in Responsible Business Ranking 2021
Chemical

Tata Chemicals bags 4th spot in Responsible Business Ranking 2021

The company is building a long-term resilience and is contributing to India’s sustainability aspirations

  • By ICN Bureau | September 29, 2021

Tata Chemicals Ltd. has been ranked 4th amongst the Indian corporates for its Sustainability and CSR practice by Responsible Business Ranking 2021.

Sustainability is at the heart of Tata Chemicals' business growth ambitions, in line with its corporate responsibility objectives. The company has launched multiple initiatives and projects to conserve the environment and engages with local communities toward building an ecosystem that is sustainable and eco-friendly across all of their business divisions and initiatives.

Commenting on the achievement, R. Mukundan, MD & CEO, Tata Chemicals said, “The journey on sustainability remains one where we need to constantly challenge ourselves and keep striving for better goals and outcomes. We have joined the science-based Target initiative and have set our carbon reduction targets to correspond with well below 2 degrees by 2030 and onwards to a net-zero Carbon footprint. This ranking reinforces our commitment to responsible manufacturing, business and Human rights, Biodiversity conservation, and firming up of our existing processes to meet the United Nations Sustainable Development Goals.”

Tata Chemicals has adopted innovative activities that contribute to a thriving planet, communities, and enterprise. The company is building a long-term resilience and is contributing to India’s sustainability aspirations.

The 8th edition of the Responsible Business Ranking based on the study carried out by Futurescape uses the Environmental, Social and Governance (ESG) framework. Over 90 parameters are used to map India’s top companies on ESG metrics. Key action themes for companies included renewable energy, water, waste, and data privacy.

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