Page 54 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements
Attachments
Value Chain
• Steel Scrap Suppliers Procurement • Raw Materials Suppliers
• Service Providers
Internal Supply Chain
Production Marketing and Sales (Customer Service and Distribution]
Customers
The Company's supply chain begins with both domestic and international scrap suppliers, as well as raw materials and service providers. The Procurement Division engages with these vendor groups to acquire materials and services, ensuring that all raw materials undergo a quality inspection process in accordance with relevant standards, which includes measurements for radioactive substances to facilitate the production of finished products at each plant. Subsequently, the Marketing and Sales Division handles the delivery and distribution of the finished goods to customers.
Sustainable Partnership
Building Long-Term Value Together
The Company is affiliated with the EAF (Electric Arc Furnace) Long Steel Product Producers Association, the Thai Steel Wire Rods Association, the Association of Hot Rolled Structural Steel Manufacturers, and the Standard Long Steel Product Trade Association, serving as the manufacturer's representative to coordinate with the government on various matters, including the establishment of industrial standards.
The senior leadership of the company plays a pivotal role in these Associations. For instance, Mr. Chaichalerm Bunyanuwat, Vice President of Marketing and Sales at Tata Steel (Thailand), serves as the President of the EAF Long Product Steel Producers Association and is also a Director of the Thai Wire Rod Trade Association. Additionally, Mr. Rungroth Lert-A-Rom, Vice President of the SISCO Plant, holds the position of President of the Standard Long Steel Product Trade Association.
• Tata Steel (Thailand) and its subsidiary, representing the three plants: NTS Plant, SISCO Plant, and SCSC Plant, along with 49 steelmaking companies in Thailand from eight steelmakers associations, have signed a ratification to refrain from producing substandard rebars.
• Since 2015, the Company has been recognized as one of the first 30 companies to join UNICEF in the Child Friendly Business initiative: “The Children Sustainability Forum,” committing to the protection of Child Rights.
• Since 2016, the Company has been certified as a member of Thai Private Sector Collective Action Coalition Against Corruption (CAC) and in 2019, the Company was considered for recertification by CAC to be a certified member that has complete policy, procedures, and practices for preventing corruption within the organization. In 2022, The Company has received the approval for the recertification of “CAC Certificate of Membership” for another 3 years from 2022 to 2025. The Company has also joined Partnership Against Corruption for Thailand (PACT).
• In 2021, the Company joined The Federation of Thai Industries in requesting for certification of the Company’s products as Made in Thailand (MiT) products, as part of the collaboration between the government and the Federation of Thai Industries. This campaign aims to drive the use of domestic products in various government projects to reduce imports and encourage a circular economy which will lead to sustainable growth of the country.
52 Tata Steel (Thailand) Public Company Limited