-3.10 (-1.65%) Tata Steel has been selected as a member of worldsteel’s New Sustainability Charter for its initiatives and commitment towards sustainable development and the circular economy. The World Steel Association (worldsteel) released its revised and expanded Sustainability Charter on March 3, 2022.
The new Sustainability Charter is organised into 9 principles with 20 associated criteria, which cover environmental, social, governance and economic aspects of sustainability. The leaders of 39 worldsteel members, including Tata Steel, have provided evidence that they are aligned with these criteria, have signed the Charter, and are therefore recognised as Charter Members for a 3-year period.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.