Page 88 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability
Corporate Governance Policy Financial Statements Attachments
Policy and Principle of Procurement
Principle 1: Health And Safety
We expect our suppliers to adopt management practices in health and safety which provide an elevated level of safeguarding for their workers.
“The Company is committed to ensuring that employees of the Company, contractors, and communities in which the Company is operating shall not be harmed. The Company does not allow any action that shall cause harm to those in the Companies’ supply chain.”
The Company expects that its suppliers will operate the business with the highest level of health and safety management to protect their employees’ health and safety.
Code of conduct: Provide training and knowledge concerned with safety rules for suppliers and contractors. Also, specify standard procedures and safety rules to concerned parties for acknowledging before entering any operation in the Company.
Principle 2: Environment Conservation
We require suppliers to maintain effective policies, processes, and procedures to manage their environmental impact.
“The Company is committed to complying with the relevant laws in both the country and the region in which the Company operates to ensure the efficient use of natural resources and energy including reducing environmental impact from the Company’s production through continuous sustainable practices. This commitment is a part of the Company’s operation, and the Company expects that suppliers shall follow this commitment as well.”
The Company needs to have suppliers that maintain the policies, processes, and procedures for effective environmental impact management.
Code of conduct: Meet suppliers to share experiences and best practices for environmental conservation. Engage with internal stakeholders to exchange best practices and jointly develop environmental conservation and improvement initiatives.
Principle 1 Health And Safety
Principle 4: Human Rights
Principle 3: Fair Business Practice
Principle 5:
Local Community Development
86 Tata Steel (Thailand) Public Company Limited
Principle 2: Environment Conservation