Tata Consumer Products Ltd.

Tata Global Beverages (TGB) has unveiled its plans for 100% sustainable sourcing by 2020. TGB’s sustainability strategy rests on five key pillars, of which Sourcing is one. The five pillars are Ethical Sourcing, Water Management, Climate Change Management, Waste Management and Community Development.

The company’s sustainable sourcing strategy has a major focus on sustainable agricultural practices. A key component of this effort aims at achieving optimum productivity, and gradually reducing the dependence on synthetic inputs in the form of Plant Protection Formulas. TGB’s commitment to reducing the use of synthetic Plant Protection Formulations, in the supply chain, is an integral part of TGB’s commitment to greater sustainability to ensure the protection of the environment for the benefit of all.

Recently, the company had reported 29.93% fall in Q1FY15 net profit of Rs 59.26 crore as against Rs 84.57 crore in the corresponding quarter of the previous year.However, its total income has increased by 5.88% to Rs 733.60 crore for the quarter under review from Rs 692.89 crore for the corresponding quarter of the previous year.