GOOD GOVERNANCE
A BUSINESS FOUNDED ON FAIRNESS AND INTEGRITY
Leveraging our undivided focus on governance, we have created a governance framework, with the Board of Directors sitting at the apex of the framework. The Board provides guidance to its committees for specific functions. These Committees have senior and junior leadership teams who work on the ground, enabling informed decision-making at the Company level.
| Group Companies – Projects Undertaken | Our Contribution |
|---|---|
| Tata Realty: Metro Project Tata Power: Power Facility and Transmission Lines Tata Consultancy Services: Building Campuses Tata Steel: Iron Ore Processing Plant. Noamundi. Tata Steel: Kalinganagar Expansion: Phase II |
Providing Our Expertise as an EPC Contractor |
| Group Companies – Services Availed | Our Contribution |
| Tata AIG: Insurance Tata Capital: Equipment Finance Tata Consulting Engineers: Engineering Tata Steel: Steel Titan: Timing Systems Voltas: Cooling Solutions Tata Consultancy Services: Information Technology |
Building an Ecosystem around what other Tata Group Companies Offer and can be used in our Projects |
Leveraging Tata Group’s ‘ONE TATA’ Dynamics
We pride ourselves being part of the Tata Group and the brand value it brings for us. We take all possible measures to ensure we abide by the principal that defines Tata, and carry the group strategies into our business and operations.
Our two-pronged approach to synergise with Tata group companies on infrastructure projects, include
- Being the EPC contractor of choice for the Group companies for infrastructure projects, slowly diversifying into the vast spend expected from the Group to meet its Net Zero commitments
- Reaping the advantage of the world class services that the Tata Group offers into our business and utilize them profitable.
Ethics Organogram in FY2023
Apex Ethics Council (AEC)
Vinayak Pai, Managing Director/Chief Ethics Officer and Head-AEC
Pratixa Davawala, Chief Ethics Counsellor (CEC) and Convenor of AEC
Ganesh Chandan, Chief Human Resource Officer - Member
Local Ethics Counsellors (LECs) and Lady Ethics Counsellors
The AEC reports into the Audit Committee, which provides an oversight on Leadership of Business Ethics Principles. The Apex Ethics Council is headed by Vinayak Pai who is our MD and Chief Ethics Officer.
Business Ethics and Compliance
Tata Code of Conduct (TCoC)
The Tata Code of Conduct (TCoC) outlines our commitment to each of our stakeholders, including the communities in which we operate, and is our guiding light when we are sometimes faced with business dilemmas that leave us at ethical crossroads. The Code is also dynamic and has been periodically refreshed to remain contemporary and contextual to changes in laws and regulations. However, it remains unaltered at its core. We are committed to protect our reputation and brand equity by adhering to the values and principles set out in the Code. By doing so, we strengthen our unique culture and identity.
TATA Group Values
The Tata group has always been values-driven. Our universal values serve as the foundation for the TCoC. They find expression within the value system of every Tata company. Our five core values that underpin the way we conduct our business activities are:
- Integrity
- Responsibility
- Excellence
- Pioneering
- Unity
These are the fundamentals on which the TCoC is based. Our values and Code go hand in hand. We will not compromise on any of our values in the process of making any business transaction. From the organization’s point of view, ethics and safety come first.
