MATERIALITY ASSESSMENT
Identifying and Prioritising Key Issues
We conduct a thorough materiality assessment to identify material topics that are crucial for shaping our sustainability strategy. It enables us to align our actions with our values, empowering us to drive meaningful change.
These material issues have maximum impact on the business and are therefore, prioritised by the management to address, improve performance and report on
These issues have a relatively significant impact on Tata Projects and can be considered secondary priority for the management to address and report on
These material issues are relatively low priority for Tata Projects as their potential impact on the business is minimal
We conducted a comprehensive materiality assessment that involved proactive engagement with both internal and external stakeholders to gain a deeper understanding of issues affecting our strategies and decisions. In close collaboration with the top management, we evaluated key issues to further refine and prioritise the content of the assessment.
Through a structured review, we identified 17 sustainability issues critical to Tata Projects. These are grouped into three essential categories of Environmental (E), Social (S) and Governance (G).
In line with our commitment to continuously refining our material topics, we have initiated a double materiality assessment, which is expected to be completed by FY2026. It aims to prioritise both financial and impact-related material aspects.
- Emissions
- Energy Management
- Green Portfolio
- Waste and Circular Economy
- Water and Effluents
- Biodiversity and Noise Management
- Diversity and Inclusion
- Employee Management and Development
- Human Rights
- Local Community Support
- Occupational Health and Safety
- Product Safety and Quality
- Sustainable Supply Chain
- Business Ethics and Compliance
- Digitalisation and Innovation
- Risk Management and Business Continuity
- Sustainable Corporate Governance
Occupational Health and Safety
KPIs Linked
LTIFR
Key Action Points
- Operational discipline (Perform with consistency)
- Managing risks proactively
- Stay connected (Internal/External engagement)
Employee Management and Development
KPIs Linked
- Hours of Training Provided to Employees
- Employee Engagement Score
Key Action Points
- Increase training coverage across all levels and technical capability building across sites
- Create an internal talent pipeline to identify emerging talents for potential leadership role
Product Safety and Quality
KPIs Linked
Customer Satisfaction Index
Key Action Points
- Create a customer satisfaction survey to understand if the safety and quality expectations of each project are met
- Monitor and report safety and quality issues
Risk Management and Business Continuity
KPIs Linked
RPN
Key Action Points
- Introduction of integrated risk management programmes to acknowledge and address risk at every level
Emissions
KPIs Linked
GHG Emissions
Key Action Points
- Focused interventions towards monitoring and reducing energy consumption through various energy and emission-saving initiatives
Business Ethics and Compliance
KPIs Linked
- TCOC Compliance
- ACR Scores
Key Action Points
- Comprehensive policies and procedures to ensure business ethics and compliance
- Improve the understanding and adherence of policies through communication, training, and monitoring initiatives
- Promote speak-up culture for raising concerns of actual, suspected or potential breaches of Code of Conduct principles
Sustainable Corporate Governance
KPIs Linked
- Board Committee Meetings
- Independent Board Members
Key Action Points
- Deploy Corporate Governance roadmap with ambitious targets for each material topic and identify responsible personnel for each target
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