Tata Steel Cases

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TATA STEEL 1.0 BRIEF OF CASE Tata Steel was established in 1907 as a Greenfield in eastern India. Tata Steel is the second largest steel producer in Europe and has plants in UK and Holland. The European operations are subsidiary of Tata Steel Group, one of the world’s top ten steel producers. Tata Steel is committed to tackling the challenges of sustainability and takes its responsibility towards both the environment and its communities seriously, balancing these against the need to make profit. Vision of Tata Steel is to be ‘the global steel industry benchmark for value creation and corporate citizenship’ and the principle is ‘respecting and safe-guarding the environment’. The main problem or issues in Tata Steel is how they face the challenges of sustainability, and how the business ethics take place in Tata Steel. A commitment to ethical behaviour is often shown in the Corporate Social Responsibility policy of business. In Tata Steel they should able to deliver goods and service in manner of delivery that impact on society and environment. In order to be more sustainable Tata Steel conducts the activities in relation to economic progress, social responsibility and environmental concern in an integrated way. This social responsibility ensures that Tata Steel can tackle the relevant sustainability challenges and in particular satisfy all its stakeholders. Tata Steel builds ethical and sustainable practice into all areas of its operations. They are working to reduce the emissions using new technology and practice. They also develop new product and services that generate lower CO2 emissions through the life cycle. 2.0 QUESTION ANSWER PART 1. Describe what is meant by ‘ethical business practice’ Ethical business practice means taking the right course. These include production, business processes, and the company behaviour with its customer and the
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