SUSTAINABILITY AND CSR POLICIES

Corporate Policies

We believe that an effective risk management process is key to sustained operations. It helps in protecting shareholder value, improving governance process, achieving strategic objectives, and being well prepared for adverse situations or unplanned circumstances. The leadership team is committed to build and maintain risk vigilant culture across all ranks of the Company. The Company will implement an effective enterprise-wide risk management program, allocating adequate resources to mitigate and manage risks, and minimise their adverse impact on outcomes.

One of the core principles set out in the Tata Code of Conduct (TCOC) states: “We are committed to operating our business conforming to the highest moral and ethical standards. We do not tolerate bribery or corruption in any form. This commitment underpins everything we do.” The purpose of Anti-Bribery and Anti-Corruption Policy is to outline guiding principles and adequate procedures to prevent any activity or conduct relating to bribery, facilitation payments or corruption.

The objective of this policy is to mitigate fraud through a combination of measures the Company shall implement to detect and prevent frauds, and to deter the person intending to defraud. The Complaints Committee or Apex Ethics Council shall receive and investigate the complaints reported by employees and third parties. Disciplinary action will be taken which depends on the nature and gravity of conduct or circumstances reported.

All employees will always act in the Company’s best interests and ensure that any business or personal association including close personal relationships which they may have, does not create a Conflict of Interest (CoI) with their roles and duties in the Company. As per the TCOC, when representing the Company we will act with professionalism, honesty and integrity, and conform to the highest moral and ethical standards. Our conduct will be fair and transparent and be perceived as fair and transparent by third parties.

Tata Projects has formulated Related Party Transactions (RPT) Policy for identification of related parties and to regulate transactions between the Company and its related parties. This Policy has been adopted by the Board of Directors based on recommendations of the Audit Committee. The Board will review and, if required, may amend this Policy from time to time, but at least once in three years, and such amended RPT Policy shall also be in conformity with the provisions of the Companies Act 2013 and Listing Regulations, 2015.

At Tata Projects, we have zero tolerance for sexual harassment. We value each and every individual working with us and wish to protect their dignity and self respect. We are determined to provide a working environment in which persons of all genders complement each other as equals and work without fear of prejudice, gender bias, sexual harassment, and all forms of intimidation and exploitation. This policy has been framed to promote a workplace based on equality and respect, awareness and prevention of sexual harassment at the workplace, and provide mechanisms for redressal in case of complaints at the workplace.
Tata Projects is committed to fostering a culture of gender neutrality within its working environment. Our Company ensures that individuals of all genders are valued equally and have the opportunity to collaborate and contribute without facing prejudice, gender bias, sexual harassment, or any form of intimidation or exploitation. This inclusive approach promotes a safe and respectful workplace for everyone, empowering individuals to excel based on their abilities and skills rather than their gender.

The Whistle Blower Policy has been formulated to provide a mechanism for all individuals working at Tata Projects, within India or abroad, including all subsidiaries, associates and joint ventures and all third parties to approach the Apex Ethics Council. This Policy is applicable to individuals working at all levels and grades, including directors, senior managers, officers, other employees (whether On-roll, fixed-term or temporary), consultants, contractors, trainees, interns, seconded staff, casual workers and agency staff, agents, or any other person associated with our Company and such other persons, including those acting on behalf of our Company, as designated by the Chief Ethics Counsellor from time to time (all of the aforesaid being collectively referred to as “Employee (s)”).

Being committed to quality, the philosophy of Tata Projects is based on a strong focus on ‘first time right’ and ‘zero rework’. Our systems and processes are designed to deliver value throughout the project lifecycle. The construction quality of each project is measured through the Quality Compliance Index.

Tata Projects is committed to providing a consistently safe workplace and protect the environment. Occupational hazards and adherence to the environmental management plan are carefully monitored at all locations. This includes 45000:2018 for occupational, health & safety, and 14001:2015 for Environment Management Systems. Alternative plans and measures are in place in case of any emergency.
HSE is everyone’s prime responsibility, senior leaders are expected to demonstrate visible commitment through their behavior. We aspire to become leaders and be a benchmark in HSE performance in all our business sectors.
We have a team of dedicated EHS managers at our project sites to implement the initiatives of our HSE policy. Our workforce is regularly trained in safety and environment conservation, and we run campaigns and awards to raise awareness around EHS.
Through globally recognized agency The Institute of Occupational Safety and Health (IOSH) UK, we conduct Safety Certification Training for our EHS personnel. To enhance the efficiency of critical processes and enable streamlined management of HSE-related activities, digital platforms TQDigi’lytics has been introduced to cover all operational parameters related to safety management, including incident management and HSE observations. We also set targets as a part of our sustainability programme and work towards fulfilling them.