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RESPONSIBILTY WITH
REFERENCE TO TATA
STEEL
GROUP MEMBERS.
•ANKIT ACHARYA 01
•TUSHAR KANOJIA 20
•AAMIR SHAIKH 40
•JAHANGIR ANSARI 04
•AZAM KHAN 22
•SIDDHESH SHRIYAN 44
DEFINITION OF C.S.R.
“Corporate Social Responsibility is a
commitment to improve community well being
through discretionary business practices and
contributions of corporate resources.”
- KOTLER & LEE
INTRODUCTION TO
C.S.R.
Corporate social responsibility (CSR), also known as corporate responsibility,
corporate citizenship, responsible business, sustainable responsible business
(SRB), or corporate social performance integrated into a business model.
The C.S.R ,which was a voluntary initiative by some companies has turned
into a legal initiative by the government making it mandatory for all the
companies.
EVOLUTION OF C.S.R IN
INDIA.
The term C.S.R came into common use in the early 1970s,after many
multinational companies were formed.
Another reason fuelling the adoption of C.S.R. was the state of Indian
society.
Corporate like Tata group, Aditya Birla group and Indian oil
corporation have adopted C.S.R.
•Maintaining and improving their licence to operate from the local community.
Practice:
Better payment, Developing skills, Diversity, Equality, Health and safety,
Managing resources, Marketing with a cause, Minimising waste, etc.
Stakeholders:
Priority towards Employees, Customers, Suppliers, Communities.
INTRODUCTION OF
TATA STEEL.
TATA STEEL, , a company of Tata group founded by Jamshedji Tata in 1868.
TATA STEEL, formerly known as TISCO and Tata Iron and Steel Company
Limited, is the world's seventh largest steel company[4], with an annual crude steel
capacity of 31 million tonnes
Its main plant is located in Jamshedpur, Jharkhand, and its registered office is in
Mumbai.
Its products and services include hot and cold rolled coils and sheets, tubes,
construction bars, forging quality steel, rods, structurals, strips and bearings, steel
plant and material handling equipment, Ferro alloys and other minerals, software for
process controls and cargo handling services.
TATA C.S.R. PHILOSOPERS.
“We think we started on sound and straight
forward business principles, considering the interests
of the shareholders our own and the health and
welfare of the employees, the sure foundations of our
success”
-Jamshedji Nusserwanji Tata.
C.S.R APPROACHES OF
TATA STEEL.
•Jamshedji Irani, Director of Tata Sons Ltd, says, "The Tata credo is that 'give back to the
people what you have earned from them.”
So from the very inception, Jamshedji Tata and his family have been following this
principle.
•Tata steel has instituted the Tata Council for Community Initiatives TCCI, a central
body that acts as a facilitator to the Tata’s CSR activities .
•C.S.R is implemented.
•The common approach of Tata steel to community development ensures that every activity
or project is checked out on certain important aspects of development and values the group
collectively.
C.S.R INITIATIVES OF TATA
STEEL.
Conserving Nature
Population management
Tribal Upliftment/Uthnau
A Tata Steel spokesperson said the association with Hello Zindagi is a part
of Tata Steel's corporate social responsibility.