Tata Steel Limited is a multinational steel making company headquartered in Mumbai, Maharashtra, India. It is one of the worlds most geographically diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. Tata Steel has a consolidated revenue of US$ 22.43 billion in FY 2017- 2018 and steel production of 28 million tonnes during the same period. Its operations include the extraction of iron ore and coal from mines, and the production and sale of finished steel products. Make products range from hot and cold rolled sheets, galvanized sheets, and bars & rods to specialised productss such as stainless steel, electrical & alloy steels and tinplates.
Tata Steel was founded in 1907 by J.N. Tata and soon became Indias first integrated steel plant. Today, the company operates in more than 50 countries and employs around 850,000 people. Its presence in the global market is reflected by its 22 subsidiaries and associated companies scattered across the world.
Tata Steel is committed to providing innovative solutions with a sustainable approach to meeting customer needs. Its focus is helping customers reduce their dependence on non-renewable resources and their overall environmental impact. It seeks to develop new products and processes with the potential to reduce greenhouse gas emissions, conserve energy, and minimise water consumption. This drive is driven by its Energy Efficiency Program and a commitment to the United Nations Framework Convention on Climate Change. The company is actively involved in developing new energy efficient technologies for the steel industry and for other civil engineering applications.
Tata Steel maintains a number of sustainability initiatives. It has implemented programs such as the End of Life Vehicle (ELV) and Waste Electrical and Electronic Equipment (WEEE) systems, which are aimed at reducing the environmental impact of its operations. In addition, the company has launched initiatives such as the Total Quality Management (TQM) system, which allow customers to optimise their usage of Tata Steel products in terms of cost, quality and delivery timelines.
The company is committed to the responsible use of resources and actively participates in the efforts of numerous organisations worldwide for protecting the environment and preserving natural resources. Tata Steel is a member of the World Steel Association and is committed to improving product quality, energy consumption and reducing its own carbon footprint. It has also partnered with several local and global organisations for conducting research and development projects related to sustainable steel production.
Tata Steels innovative thinking coupled with its commitment to sustainability has been instrumental in driving its success and continued growth in the international markets. It is well-placed to continue to serve its customers in the global markets while remaining socially responsible in its operations.
