Page 160 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
Report of the Corporate Social Responsibility and Sustainability Committee
Dear Shareholders,
On behalf of the Board of Directors, I am pleased to present the report of the Corporate Social Responsibility and Sustainability Committee for the financial year 2024-25. As a responsible corporate citizen, we remain committed to integrating sustainable practices into our business operations, ensuring that our growth is aligned with environmental stewardship, social responsibility, and strong governance. Through strategic initiatives, ethical business conduct, and meaningful community engagement, we continue to strengthen our Environmental Social Governance (ESG) strong commitments while driving long-term value for all stakeholders. This report highlights our key achievements, ongoing efforts, and future aspirations in creating a more sustainable and inclusive future.
The Corporate Social Responsibility and Sustainability Committee is constituted of three Directors, one of whom is an Independent Director and is the Chair of the Committee. There were 2 meetings during the year. The attendance records of the Directors are shown as below:
Name
Position
Attendance /No. of meetings held
1. Mr. Thaevan Uthaivath(a)
Chairman
2/2
2. Mr. Rajiv Mangal
Member
2/2
3. Mr. Tarun Kumar Daga
Member
2/2
Remark : (a) Independent Director
The Committee supervised and monitored the performance in accordance with the annual business plan on key materiality issues identified by the management such as Climate Change Management, Customer Satisfaction, Employee well-being, and Development, to name a few. The Committee has focused on providing oversight and monitoring of performance across three areas, namely, (1) Sustainable Development, (2) Occupational Health and Safety, and (3) Corporate Social Responsibility, by recognizing the importance of all stakeholders and extending necessary assistance to employees and their families, contractors, customers, business partners, and communities near the plants. The progress is regularly reported to the Board of Directors.
Key highlights are as follows: -
1. Sustainable Development
Climate Change Management:
• Energy Efficiency / Energy Management: To reduce greenhouse gas emissions, all 3 plants have improved energy efficiency by adopting - AI for EAF Energy Tracking / RHF Control Program at SISCO; Automatic transfer scrap weight by bucket from database to PLC at SCSC; and reduction in EAF Oxygen consumption, repair of water cooling in beam and column to reduce heat loss at NTS. In the financial year 2024–25, the Company was successful in containing CO2 emission to 0.622 tons / ton of crude steel.
• Air Pollution / Air Quality Management: In financial year 2024–25, all 3 plants of TSTH Group were successful in maintaining TSP, SOx, NOx emissions to be lower than the specified limits as mandatory requirement by Thai law and regulations. The Company is also implementing Continuous Emission Monitoring System (CEMs).
158 Tata Steel (Thailand) Public Company Limited