Our commitment to responsible consumption and prudent natural resource management in the operating model, prove as enablers to produce high quality products, while minimising our environmental footprint and maximising positive social impact. To ensure that we remain aligned to the broader stakeholder needs and expectations, we consistently stay informed on industry trends, global standards, and regulations. These inputs directly guide our operations and sustainability initiatives, keeping us on course in our commitment to excellence.
TCPL adheres to the Tata Group's code of conduct, a comprehensive and robust framework that guides our ethical and responsible operations. This code serves as our compass, guiding us towards integrity, transparency, and respect for all stakeholders. Our stakeholders play an integral role in influencing our trajectory and directing our organisational purpose. Through stakeholder engagement, we have been able to identify key issues
and focus our efforts on ESG initiatives accordingly. These insights have been valuable in evaluating the ‘materiality’ pertaining to issues on Environment, Social, and Governance (ESG). The acquired insights have been instrumental in devising our ESG strategy, mitigating risks through enterprise risk management, and uncovering strategic opportunities for our business.
Our ESG strategy, ‘For Better Living’, has been built on four key strategic pillars that cut across our entire spectrum of stakeholders and cover all facets of our business:
Under each of these pillars, we have established specific Key Performance Indicators (KPIs), all of which adhere to global norms, and have enabled us set strategic targets with action plans. Our aim is to seamlessly integrate this strategy into our organisation and value chain, thereby enhancing our brand positioning, broadening our market presence, and promoting innovative product development.