Jamsetji Tata: Principles

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2. Jamsetji Tata: Principles Laid foundation of Indian Industrialization Laid foundation for Scientific Development in India Set up J N Tata Endowment for Education Undertook affirmative action not mere charity “In a free enterprise, the community is not just another stakeholder in business, but is, in fact, the very purpose of its existence.” -Jamsetji Nusserwanji Tata 3

3. J.R.D Tata & Ratan Tata: Principles “Let industry established in the countryside ‘adopt’ the villages in its neighbourhood; ...it is also clearly in the interests of industry that surrounding areas should be healthy, prosperous and peaceful.” -Jehangir Ratanji Dadabhoy Tata, Chairman, Tata Group (1938-1991) “I do believe that we, in the Tata Group, have held a view and sense of purpose that our companies are not in existence just to run our business and to make profit but that we are responsible and good corporate citizens over and above our normal operations” -Ratan Naval Tata, Chairman, Tata Group (1991-2012) 4

4. CSR: Part Of Genetic Code Implementing thesePrinciplesover 100 years are part of Organizational Development: 1912 - 8 hour workday 1916 - Social Welfare Scheme launched for employees 1920 - Leave with pay 1934 - Profit Sharing bonus 1934 - Tata Steel responded to earthquake in its Bihar province with relief supplies 1951 - Planned family norms promoted at community level 1970 – Included Corporate Social Responsibility in its Articles of Association 1958 - 225 acre Jubilee park created for the citizens of Jamshedpur 1979 - Launched concerted rural development initiatives 5

5. Genetic Code: A Unique Identity It has shaped its Heart, Mindset and Business processes 1995- Tata Business Excellence Model - Makes sustainable growth a priority and has included this in its Key Enterprises Process 1999- Tata Code of Conduct - Maintains good governance ethical behaviour by organizations as well as each and every employee 1995- Tata Council for Community Initiatives – Provides the superstructure for CSR efforts across the Group 2003- Tata Index for Sustainable Development - A CSR measure adopted across the Tata Group 6

6. Corporate Social Responsibility Policy “Tata Steel believes that the primary purpose of a business is to improve the quality of life of people. Tata Steel will volunteer its resources, to the extent that it can reasonably afford, to sustain and improve a healthy and prosperous environment and to improve the quality of life of the people of the areas in which it operates.” 8

7. Employee Relations Many landmarks in Labour Welfare: 1915 Free Medical Aid to all employees and dependent family members 1917 Welfare Department set up 1990 Incentive for Higher Technical Education 2001 Family Benefit Scheme 2003 R D Tata Technical Education Centre 2004 Inserted clause against Sexual Harassment in the Works Standing Order 11

8. Education • Jamshedpur is a centre for excellence in education: • 312 private schools and 171 “balwadi” schools assisted by Tata Steel • Jamshedpur has among the highest literacy rates in the country (82%) • Instituted Dr. J J Irani Education Excellence Award 18

9. Upholding Global Commitments Committed to national and global CSR principles First signatory to UN – Global Compact Founder member of the Global Business Coalition on HIV/AIDS Member of the Global Reporting Initiative Board First Indian company to publish Corporate Sustainability Report as per G R I guidelines Member of International Iron & Steel Institute Project Group on Sustainability Indicator for Steel 7

10. From Tradition To Process Areas of Impact: • Environment • Employee Relations • Stimulating Economic Growth • Civic Amenities & Community Service • Population Management • Sports and Adventure • Health for All • Relief During Natural Calamities • Education / Arts and Culture 9

11. “We generate wealth for the people. What comes from the people must, to the extent possible, therefore get back to the people.” - Bharat Ratna,J R D Tata 21