Page 74 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability
Corporate Governance Policy Financial Statements Attachments
The Company has established the Business Ethics Committee since 2008. Each year, there has been a steady improvement of its structure for business management to be committed as specified in Tata Code of Conduct properly, completely, and stringently. The Company appointed the Apex Business Ethics Committee - Tata Steel (Thailand) Plc. Group chaired by President & CEO and Ethics Counselor, appointed by President & CEO, as the secretary.
To ensure that business ethics behavior is extended to cover the sub-contractors who work in the Company and its subsidiary, the Company has appointed 4 Business Ethics Sub-Committees, with the company’s Vice Presidents as the Chairman of the Business Ethics Sub-Committees.
Furthermore, Women Committees have been appointed at each plant and at the head office to encourage, support, and take care of women employees and women contractors’ employees. This is to eliminate or resolve problems that may interfere with working of the women employees. The Company has also appointed Ethics Coordinators to serve as secretaries of the Business Ethics Sub-Committee at each plant to manage and advise the employees on the ethical concerns more effectively. The Company has appointed 12 Ethics Coordinators which consist of 2 males and 1 female coordinators at each plant and at head office. The current proportion of Ethics Coordinators to total employees is 1 to 90 while the proportion of female Ethics Coordinator to total female employees is 1 to 39.
In the past year, Management of Business Ethics at the Company was rated by Tata Sons, at the Tata Group of Companies level, as “Advanced” in Leadership and Communication & Training pillars; as “Established” in Compliance Structure and Measurement of Effectiveness pillars.
Scope of Duties and Responsibilities
1. Apex Business Ethics Committee - Tata Steel (Thailand) Plc. Group
To encourage, support and supervise overall corporate unit’s employees including subcontractors to commit to Tata Code of Conduct properly, completely, and stringently. To consider and approve the annual plan on Ethics Management, monitor, follow up and evaluate its progress every month including acknowledgement of the ethical complaints by the concerned stakeholders.
2. Ethics Counselor
To give advice on ethical code of Tata Steel (Thailand) Plc. Group to ensure behaviors committing to Tata Code of Conduct properly, completely, and stringently. To act as a channel for receiving and collecting issues regarding business ethics from concerned parties within and outside the Company group. To act as secretary to Apex Business Ethics Committee of Tata Steel (Thailand) Plc. Group with direct reporting to the President & CEO, including being coordinator with Tata Steel Limited, India on behalf of Tata Steel (Thailand) Plc. Group.
3. Business Ethics Sub-Committee
To encourage, support and supervise, at Head office and the plants, employees including subcontractors to commit to Tata Code of Conduct properly and completely. To consider and approve the annual plan on Business Ethics Management of Head office and the plants, monitor, follow up and evaluate progress every month and report the progress to the Apex Business Ethics Committee.
4. Women Committee
To encourage, support and take care of women employees of Head office or its own plant including women contractors’ employees to be treated in accordance with Tata Code of Conduct properly, completely, and stringently. To initiate guidelines and set action plans for taking care of women employees and women contractors’ employees of Head office or its own plant in various matters such as development of women employee’s competency and potential, seeking ways to eliminate or resolve problems that may interfere with
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