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CORPORATE SUSTAINABILITY WORKOUT. APRIL 30, 2010. PREPARED BY: NICHOLAS ANASINIS MARIA ISMAIL PATRICIA JURCA LEI YANG. TEN YEAR SUSTAINABILITY PLAN. stakeholders. Identity. expansion. Impact. Accountability. measurable. Tata Way. Trust. community. Conflict. Change.
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CORPORATE SUSTAINABILITY WORKOUT APRIL 30, 2010 PREPARED BY: NICHOLAS ANASINIS MARIA ISMAIL PATRICIA JURCA LEI YANG TEN YEAR SUSTAINABILITY PLAN
stakeholders Identity expansion Impact Accountability measurable Tata Way Trust community Conflict Change philanthropy Growth Purpose Profit Global reputation leadership Culture tension values
Corporate Sustainability (CS) is integral to value-creation in our businesses through the enhancement of human, natural and social capital complementing their economic and financial growth in order to give the enterprise an enduring future and also help create and serve a larger purpose, at all times. It facilitates accountability to all stakeholders as a systemic practice.
HOW ARE WE GOING TO GET THERE? Action Plan Establish a whole system approach to sustainability • Stay true to the Tata values throughout the supply chain • Capitalize on sustainability as a value driver • Meet & exceed regulatory and industry standards in target markets • Manage externalities effectively Product Differentiation, Product Development & Innovation Governmental Initiatives & Industry Standards Supply Chain Initiatives
HOW ARE WE GOING TO GET THERE? Action Plan Apply a sustainability lens to acquisitions • Acquisitions are a major part of Tata’s growth strategy • Lower integration costs • Reduce risk to reputation Criteria to evaluate ‘sustainability fit’ of target acquisition Post acquisition sustainability implementation
HOW ARE WE GOING TO GET THERE? Action Plan Build a global brand • Create a shared vision • Be known • Effectuate change Leadership Initiatives External Initiatives Internal Initiatives Leadership with trust
WHY EVA? • EVA adopters deliver greater shareholder value • Useful to analyze value driver • Creates an ownership mindset in employees • Better tool for strategic resource allocation
HOW IS VALUE CREATED? Higher EBIT Margin + Wider Access to Capital
WHAT ARE THE CHALLENGES? • Implementation • Organizational structure • Access to capital • External factors
SO… DO THIS TOMORROW Discuss implementation with TQMS and TCCI Identify your sustainability champions