This article narrates how tata motors and tata chemicals have stretched its wing into various activities towards social and sustainable development. We focus particular attention on the areas of environmental sustainability, health and education. Corporate social responsibility csr policy tmfl group as approved by the board at its meeting held on july 31, 2015 the tata groups core purpose is to improve the quality of life of the communities it serves globally, through longterm stakeholder value creation. Our sot 2017 is themed around business and beyond which aims to drive the importance of sharing and cocreation for engendering sustainability in business and society as part of a tata group initiative to mobilize and inspire employees across tata companies to work proactively towards sustainable development. Corporate social responsibility the indian hotels company. Toyota industries 29 consolidated subsidiaries in japan and 54 consolidated subsidiaries. This realization resulted into the concept of corporate social responsibility. While customers have been traditionally considered the key driver of companies social ini. Ppt on csr at tata grp of companies linkedin slideshare. P abstractthe year 1990 is known for the dynamism it brought in the business world. We firmly adhere to the tata group philosophy of giving back to society many times over. The story of corporate india begins with jamsethji tata, founder of the tata group, who has been a doyen of promoting corporate responsibility. Tata group has given country its first science center and atomic research center.
May 14, 2019 csr activities of tata companies through the following companies tata group keeps on heading towards the fulfillment of corporate social responsibility 5. An overview of corporate social responsibility 4 what is the business case for csr. Corporate social responsibility annual report 201415. Tata steel tata steel has adopted the corporate citizenship index, tata business excellence model and the tata index for sustainable development. Under financial inclusivity, the company was able to link 1. Jamshedji tata used to grant scholarships for further studies abroad in 1892. The multitude of community initiatives the group has sown and fostered from its earliest days flows from this wellspring voluntary, as opposed to obligatory commitment. Jamshedji tata use d to grant s cholarships for f urther studies abroad in 1892. Sustainability is not only a practice but a tradition in the tata group and is embedded in the groups corporate dna.
Arguments against corporate social responsibility corporate social responsibility has been called a blessing to the modern world yet on the contrary many critics call csr an iceberg as it is invincible and it is just an image management. This research paper moves around developing an understanding about the corporate social responsibility csr, delving into its concept and finding out its scope taking the case study of the tata group under mr. In the light of this background, the objective of the study is to analyse the corporate social responsibility activities performed by tata motors from 2009 to 2015 towards activity as specified in schedule vii to the 20 act. Undoubtedly profitability has always been the driving force and an undercurrent behind all this. He also supported gandhijis campaign for racial equality in south africa. The fact has its testimony even today as per the latest ranking of global corporate reputation, the tata group proudly stands as the only indian company among the 20 best globally reputed companies. Mar 23, 2020 tata group the tata group conglomerate in india carries out various csr projects, most of which are community improvement and poverty alleviation programs. The study of csr activitiesof tata group 1 introduction corporate social. The corporate social responsibility of tata group free download as word doc. Corporate social responsibility tata international.
Ethical behaviour is intrinsic to the way we conduct our business and is part of our legacy from the founder of the tata group, jamsetji tata, who believed that business must operate in a way that respects the rights of all its stakeholders and creates an overall benefit for society. At tata motors, our corporate social responsibility initiatives are focused on improving the quality of life of underprivileged communities neighbouring our business operations. This research paper moves around developing an understanding about the corporate social responsibility csr, delving into its concept and. Tata power corporate social responsibility policy r22019 page 3 2. The corporate social responsibility in tata motors marketing.
Following a strategic alliance with fiat in 2005, it has set up an industrial joint venture with fiat group automobiles at ranjangaon maharashtra to. The main purpose of the study is to analyze the corporate social responsibility csr activities carried out by tata group and to study the indian government policies and programmes of csr. As state earlier it is a defense strategy to enhance the reputation of the corporation. The tata group views its efforts in csr as central to its identity as builder of economic and social institutions in the markets in which it operates. This research paper allocates the accepting of the corporate social responsibility csr, exploring into its concept and discovering out its scope taking the case study of the tata motors tata group has shown the intellect of accountability in the direction of the upliftment of mutual commonalities and. The philosophy of corporate social responsibility as practiced by tata group is legacy of its founders. It currently comprises 96 operating companies,3 which. Tatas commitment to corporate social responsibility youtube. Corporate social responsibility tata consultancy services. The group is known for its tradition of philanthropy and. This era of globalization and liberalization forced the. This video is a showcase of a small collection of the initiatives the tata. Tata technologies corporate social responsibility csr policy at tata technologies, our corporate sustainability vision is to cocreate sustainable value for our key.
The corporate social responsibility in tata motors. Corporate social responsibility, aditya birla group, tata group, education, health, women empowerment, society. Tata international limited is aligned to the tata groups core purpose of improving the quality of life of the communities we serve through long term stakeholder. Corporate social responsibility has always been taken care of by the tata group. Corporate social responsibility and sustainable business. Corporate social responsibility csr and sustainability data for tata group, conglomerates and india. Keeping up with the sustainability initiatives in indian companies, our interventions focus on health, education, employability and environment, touching over 7,32,732. Tata power corporate social responsibility overview. The group plans to take overseas the tata trusts and all the community work that it does as part of its international corporate social responsibility.
The case describes the strategic dilemma involved in making a decision on the method of operation of the corporate social responsibility csr department for one of the leading indian multinational corporations, tata power company tpc from tata group of companies. Tatas endeavour to strengthen the fabric of india has manifested itself in multiple ways. Corporate social responsibility csr policy tmfl group. Pan india presence six manufacturing locations and one corporate location helps in engaging with diverse social groups. Guided by the philosophy of inclusive community development, meaningful social engagement has been at the heart of the corporate social responsibility efforts. Tata sons had also alleged that mistry has, over 34 years concentrated all powers and authority in all the major tata operating companies and gone about systematically diluting the representation of tata sons on the boards of various tata companies, while being fully cognizant that tata sons is the main promoter and largest shareholding group. Tata technologies corporate social responsibility csr. Environment 59 employees 62 community 59 governance 44. Jul 11, 2005 this article narrates how tata motors and tata chemicals have stretched its wing into various activities towards social and sustainable development. Sep 14, 2016 tata group has adopted a threepronged approach to fulfil its corporate social responsibility goals, its chairman cyrus mistry said in an inhouse interview. Our efforts shall be aligned in india to the tata groups csr and affirmative action goals, section 5 of the companies act 20, and internationally as. Over twothirds of the tata companies are held by the trusts, and these trusts are focussed on social welfare initiatives.
Tata csr corporate social responsibility tata group. Corporate social responsibility legal service india. Giving back to society is the buzz word for the tatas. In 2010, the international organization for standardization iso published an international standard, iso 26000. This realization resulted into the concept of corporate social responsibility csr. Pdf corporate social responsibility csr is now seen as an integral part of corporate strategy. Adopting key social responsibility principles, such as accountability and transparency, can help ensure the longterm viability and success of any organization or system. We believe corporate social responsibility csr is a critical mission that is at the heart of everything we do, how we think and who we are. Context tcs commitment to csr stems from tata groups abiding concern for society and environment. Through selfhelp groups, it has engaged in women empowerment activities, income generation, rural community development, and other social welfare programs. Issues on corporate social responsibility, environmental and biodiversity restoration are volunteered by the nodal agency of tata group named as tata council. Tata consultancy services, can use our core business to create a positive impact in our community.
Tata steel global steel company pioneering in steel. The present societal marketing concept of companies is constantly evolving and has given rise to a. Implementing corporate social responsibility 18 task 1. Tata group has adopted a threepronged approach to fulfil its corporate social responsibility goals, its chairman cyrus mistry said in an inhouse interview. Management education can be an important source of new ideas. Corporate social responsibility 44 toyota industries report 2012 corporate social responsibility 45 toyota industries report 2012 formulate and deliver to employees their own code of conduct matched to their respective business lines and corporate cultures. Tata motors being the leading automobile industry in india bagged the golden peacock award for the year 2004 for its valuable contribution towards economic, community development and corporate. Corporate social responsibility is becoming an important activity to businesses nationally and internationally. Tata steels corporate social responsibility is rooted in the business philosophy and principle of giving back to society through effective policies, initiatives and transparent reporting. Over 4 million tata vehicles have been produced since the companys founding in 1954.
Corporate social responsibility ihcl has championed the cause of skilling less privileged youth in the country since more than a decade. Besides acquiring businesses around the world, the tata group now plans to introduce the world to the tata way of doing business. Social responsibility is a means of achieving sustainability. This article studies the structure of the tata group and its main trusts which facilitate the unique philosophy of the group that integrates social responsibility and corporate functioning. Corporate social responsibility activities of tata group slideshare.
Tata motors limited is an automobile manufacturer in india with consolidated revenues of rs. A short history of tata2 the tata group is almost 150 years old. Ratan tata who has exemplified the sense of responsibility towards the upliftment of common masses and protection of the environment. Active participation in csr projects is important for a company ratan tata the concept of corporate social responsibility has gained prominence from all avenues.
Jul 17, 2015 this research paper moves around developing an understanding about the corporate social responsibility csr, delving into its concept and finding out its scope taking the case study of the tata group under mr. Corporate social responsibility csr, tata consultancy. This recognition ensued into the conception of corporate social responsibility csr. Pdf the purpose of the article is to present the most important csr activities of the worldfamous indian company tata. Following a strategic alliance with fiat in 2005, it has set up an industrial joint venture with fiat group automobiles at ranjangaon maharashtra to produce both fiat. Corporate social responsibility is the way that our company. Overview of the corporate social responsibility csr policy our csr policy policy was adopted by the board of directors on september 17, 2014. This research paper moves around developing an understanding about the corporate social responsibility csr, delving into its concept and finding out its scope taking the case study of the tata group. The corporate social responsibility of tata group scribd.
Corporate responsibility or sustainability is therefore a prominent feature of the business and society literature, addressing topics of business ethics, corporate social performance, global corporate citizenship, and stakeholder management. Corporate social responsibility policy of tata international limited. Feb 23, 2015 corporate social responsibility has always been taken care of by the tata group. Csr activities of tata companies through the following companies tata group keeps on heading towards the fulfillment of corporate social responsibility 5. Starting from the times of barter system to todays modern era of plastic money, the mankind has trodden a remarkably long path. Initiatives include health, education, livelihood agriculture, ethnicity, employment and employability through skill development of youth, promoting entrepreneurship and many more. The purpose of this document is to outline the policies and procedures for corporate social responsibility csr for tata consultancy services limited referred to as tcs or the company. Tata power group csr programmes reached out to over 1. Second, there is a significant increase in the involvement of employee engagement in csr activities.
Corporate social responsibility in india india briefing news. Corporate social responsibility should be in the dna of every organization. Pan india presence six manufacturing locations and one corporate location helps. The guidelines for our csr activities are outlined in the policy. We aim for longterm value creation for the immediate environment we work in by providing infrastructure support, education and training, scholarships, support for local economies, and through sustainable partnerships with various stakeholders.
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