TATA Business Ethics

7/29/2019 TATA Business Ethics

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Presented By,

Yashpal Ghate [M-11-16]

Madan Hujare [M-11-18]

Rohit Indulkar [M-11-19]

Manasi Rane [M-11-46]

HOUSE OF TATASLEADERSHIP WITH TRUST


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Indias Tata, one of the worlds

Largest conglomerates, is basing an

Ambitious global strategy on 144 years

Of social entrepreneurship.


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(1839 1904)

In a free enterprise, thecommunity is not just

another stake holder in

the business but in fact

the very purpose of its

existence.Jamsetji Tata

Hotels - 1902 IISC - 1911Power - 1910 Airlines - 1932 Steel - 1907Motors - 1945

Trusteeship, Integrity, Respect for Individuals, Credibility & Excellence

Founders Philosophy - A Legacy Tata Group


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The total revenue of Tata companies, taken

together, was $100.09 billion (around

Rs475,721 crore) in 2011-12, with 58 percent

of this coming from business outside India.

Tata companies employ over 450,000 people

worldwide.

Operations in 80 Countries.


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Brand Finance, a UK-based consultancy firm,

valued the Tata brand at $16.3 billion and

ranked it 45th among the top 500 most

valuable global brands in their BrandFinanceGlobal 500 March 2012 report.

In 2010, BusinessWeekmagazine ranked Tata

17th among the '50 Most InnovativeCompanies' list.


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TATAS BUSINESS ETHICS PRINCIPLES

National Interest

Committed to benefit the economic development of the countriesin which it operates

Financial reporting and records

Prepare and maintain its accounts fairly and accurately and inaccordance with the accounting and financial of the country

Competition:

Fully support the development and operation of competitive openmarkets

Equal opportunities employer

Provide equal opportunities to all its employees and all qualifiedapplicants for employment


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Gifts and donations:

Its employees shall neither receive nor offer or make,directly or indirectly, any illegal payments ,remuneration , gifts , donations or comparable benefits

Government agencies:A Tata company and its employees shall not, unlessmandated under applicable laws , offer or give anycompany funds or property as donation to any

government agency or its representative Political non-alignment:

Be committed to and support the constitution andgovernance systems of the country in which it operates


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Health , Safety and Environment:

A Tata company shall strive to provide a safe , healthy , clean andergonomic working environment for its people

Quality of products and services:

Be committed to supply goods and services of world class quality

standards, backed by after-sales services consistent with the requirementsof its customers

Corporate citizenship:

Committed to good corporate citizenship , not only in the compliance ofall relevant laws and regulations but also by actively assisting in theimprovement of quality of life of the people in the communities in which it

operates Cooperation of Tata companies:

Cooperate with other Tata companies including applicable joint ventures,by sharing knowledge and physical , human and management resources


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Public representation of the company and the group:

Honour the information requirements of the public and its stakeholders

Third party representation:

Parties which have business dealings with the Tata group but are not themembers of the group, such as consultants, agents, sales representatives ,

distributors, channel partners , contractors and suppliers , shall not beauthorised to represent a Tata company without the written permission

Use of the Tata brand

The use of Tata name and trademark shall be governed by manuals, codesand agreements to be issued by Tata sons

Group policies:

A Tata company shall be committed to enhancing shareholder value andcomplying with all regulations and laws that govern shareholder rights


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Ethical conduct:

Every employee of a Tata company shall preserve the human rights ofevery individual and the community, and shall strive to honourcommitments

Regulatory compliance:

Employees of a Tata company, in their business conduct, shall comply withall applicable laws and regulations , in letter and spirit

Concurrent employment

Consistent with applicable laws , an employee of Tata company shall not,without the requisite, officially written approval of the company , acceptemployment or a position of responsibility with any other company

Conflict of interest:Employees act in the interest of the company, and ensure that anybusiness or personal association which he/she may have does not involvea conflict of interest with the operations of the company


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Securities transactions and confidential information:

An employee of a Tata company and his/her immediate family shallnot derive any benefit or counsel , or assist others to derive anybenefit , from access to and possession of information about thecompany

Protecting company assets:The assets of a Tata company shall not be misused

Citizenship:

The involvement of a Tata employee in civic or public affairs shall bewith express approval from the chief executive of his/her company

Integrity of data furnished:Every employee of a Tata company shall ensure, at all times, theintegrity of data or information furnished by him/her to thecompany


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Corporate Social Responsibility

A Century of Trust


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Signatory - UN Global Compact

Founder Member - Global Business Coalition on AIDS

Member -CII-Social Development Community Affairs Committee

Adopted CII-UNDP Social Code

Member - Corporate Roundtable on Environment & Sustainable Development

The Energy Research Institute ( TERI)

Member - Global Reporting Initiative Board

Member -International Iron & Steel Institute Project Group on Sustainability

indicator for Steel.

CSR Commitments


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Millennium Development Goals Eradicate extreme poverty and hunger

Achieve universal primary education

Promote gender equality and empower women

Reduce child mortality & Improve maternal health

Combat HIV/AIDS, malaria and other diseases

Ensure environmental sustainability

Develop a Global Partnership for Development


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Empowering Communities

Land & Water Management Rural Livelihood

Health & Sanitation

Education & Skill Development

Sports

Infrastructure Development

Advocacy Right To Information, Training of PRI

members

Inclusive Growththe touchstone of sustainability


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Better Health Infrastructure

Tata Main Hospital at Jamshedpur

Hospitals in Gobarghati, Joda, Sukinda,

Belpahar, Beleipada and Bamnipal

ICU in Joda and Bolangir

CHC at Bari and Kuhika

Mobile Health Clinics for the rural

interiors

AIDS awareness, Project Astha and

regular health Camps

Lifeline Express brought 5 times to the

remote rural villages of Orissa & 10 times to

other parts of the Country

Serves 0.40 million populace annually in

Orissa


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Road rallies/ Dist. pamphlets

Street Play

SnehKendraCounseling, Referral & Supportfor People Living With HIVAIDS; covering 27, 000population

TSFIF Resource CentreHIV/AIDS training for peer

educators, local NGOs, etc

Care and Support CenterGanjam district, OrissaSukinda, Jajpur District, Orissa

Economic Rehabilitation-women infected & affected

SHG formationArtificial jewellery trainingRed ribbon making

Our Fight Against HIV/AIDS

Project Kavach- reduce STDs among long distance truckers

Project Sathiprovide care & support to the HIV/AIDs affected

TERI Corporate Award For HIV/AIDS 2008


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Towards an educated communities

Constructed Institute of Mathematics

Set up J N Tata Technical EducationCentre in Gopalpur

Project Shikshya drives education in

rural Orissa

Constructed / Facilitated more than 200

educational institutions from 1990s

Facilitated higher education institutes

like Sukinda College, Joda Women

College etc

Adult literacy by TCS, Community

education

Set up a Centenary Learning Centre at

XIMB

Signed an MOU with KISS to foster

tribal education


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SPORTSA way of Life

Tata Football Academy

Tata Archery Academy

Tata Athletics Academy

Tata Steel Adventure Foundation

Talent hunt for sporting Talents

Sports Feeder Centres

Stadium at Keonjhar

Special Olympics for DifferentlyAbled


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Preservation of Heritage

Encouraging Art & Culture

Contribution to setting up National Centrefor Performing Arts, Mumbai

Preserving & promoting indigenous heritage

Tribal Culture Centre showcases legacy of 9tribes of Jharkhand & Orissa

Revival of traditional sports, danceforms & herbal medicine

Enabling rural artisans & crafts persons

Gramshree Mela

Maghe Parab


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CASE STUDYTata Nano Singur Controversy:Little Car, Big Conflict

If ever there were a symbol of Indias ambitions

to become a modern nation, it would surely be

the Nano, the tiny car with the even tinier price-tag.

-The Financial Times

24 September 2008


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Little Car, Big Conflict

When: 2006-2008

Where: singur, west bengal

Who: tata motors, government of west bengal, trinamul

congress, singur krishi jomi raksha committee, singur

farmers and other affected stakeholders

What: agricultural land acquired by westbengals marxist

government to use for tata motors nano car factory.


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Singur Land Acquisition Facts

997 acres of land acquired

12,000 checks issued to compensate the landowners

3,000 checks issued to compensate the registered

sharecroppers

80% of land in singur lies with small and marginal

landholders


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Background

In 2006, westbengals marxist regime forcibly

acquired land in singur and leased it to tata motors

With the help of version of eminent domain law (the

land acquisition act) to procure land in singur


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Background

The government did not publicly disclose the terms

Unsurprisingly, a large number of landowners refused to

sell their land

The main opposition parties seized this opportunity to

attack the marxist government


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Background

Suicide occurred by landowners and farm workers

Trinamul congress and other resisters set up road blocks

and paralyzed transportation on a busy highway

Tata was unable to complete the project

The nano factory was eventually moved to the neighboring

state of gujarat.


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Cost of conflict

Unnecessary Delay

Damaged Reputation & Relationships

Direct costs

Destroyed public infrastructure

Destroyed factory property and machinery

Destroyed housing, autos and other personal property

Physical and mental injuries

Deaths and Suicides


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Conflict Resolution

Mediation and dispute management systems

Facilitated dialogue and consensus building

Participatory project planning

Community outreach, education and consultation


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Sources and References

S. Majumder. "The Nano Controversy: Peasant Identities, the Land

Question and Neoliberal Industrialization in Marxist West Bengal, India."

Kenneth Bo Nielsen. "Civil and not-so-civil forms of protest in West

Bengal."

Subhash C. Ray. "From Detroit to Singur: On the Question of Land

Acquisition for Private Development."

Stergios Skaperdas. "The Costs of Organized Violence: A Review of the

Evidence."

India hits bottleneck on way to prosperity". Ft.com. 2008-09-

24. http://www.ft.com/cms/s/0/e68ab572-8a3e-11dd-a76a-

0000779fd18c.html.
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We generate wealth for the people. What comes

from the people must, to the extent possible,

therefore get back to the people.

- Bharat Ratna,J R D Tata

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