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Tata Chemicals bags 3rd spot in Responsible Business Ranking 2020

Posted On: 2020-09-29 05:48:40


Tata Chemicals Ltd. has been ranked 3rd amongst the Indian corporates for its Sustainability and CSR practice. The 7th Responsible Business Rankings, are based on the study carried out by Futurescape that uses the ESG (Environmental, Social and Governance) framework. Over 90 parameters are used to map India's top companies on ESG metrics. Key action themes for companies included renewable energy, water, waste, and data privacy.

Tata Chemicals is one of the leading Sustainability Champions over the past few years. The company has launched multiple initiatives and projects to conserve the environment and engages with local communities toward building an ecosystem that is sustainable and eco-friendly.

Commenting on the achievement, Mr. R. Mukundan, MD & CEO, Tata Chemicals, said "Tata Chemicals is committed to supporting the society through science-led intervention with a human touch. As a responsible company, care for the environment and community has always been at the core of everything we do. Further, our work in the areas of environment, society, and governance are also benchmarked against the most stringent and global standards. Being recognised for our work in these areas will continue to motivate us to push the boundaries a little more every year and serve the community better."

Tata Chemicals aspires for global sustainability leadership in the sectors in which it operates. For more than 80 years, the company has operated with a sense of purpose to play an active role in shaping a better world. At Tata Chemicals, there is a conscious effort to ensure that sustainability remains at the core of business strategy as the means of sustaining its leadership in all aspects of business in an innovative way and return better value to the stakeholders.

Shares of TATA CHEMICALS LTD. was last trading in BSE at Rs.299.8 as compared to the previous close of Rs. 297.45. The total number of shares traded during the day was 262196 in over 6405 trades.

The stock hit an intraday high of Rs. 306.95 and intraday low of 297.4. The net turnover during the day was Rs. 79052100.


Source: Equity Bulls

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