TATA MOTORS (code of conduct , corporate governance, csr)

31

description

 

Transcript of TATA MOTORS (code of conduct , corporate governance, csr)

Page 1: TATA MOTORS (code of conduct , corporate governance, csr)
Page 2: TATA MOTORS (code of conduct , corporate governance, csr)

OVERVIEW-Introduction to TATA MOTORS.Code of Conduct. Human Rights practices.Whistle-Blowers policy. Stakeholders engagement policy. Corporate Governance.CSR. Singur- Controversy.

Page 3: TATA MOTORS (code of conduct , corporate governance, csr)
Page 4: TATA MOTORS (code of conduct , corporate governance, csr)

Tata Motors is a part of the Tata Group manages its share-holding through Tata Sons. The company was established in 1935 as a locomotive manufacturing unit and later expanded its operations to commercial vehicle sector in 1954 after forming a joint venture with Daimler-Benz AG of Germany. Despite the success of its commercial vehicles, Tata realized his company had to diversify and he began to look at other products.

Page 5: TATA MOTORS (code of conduct , corporate governance, csr)

5

TATA MOTORS

• FOUNDER - JRD TATA

• HEADQUARTERS - MUMBAI,INDIA

• KEY PEOPLE - RATAN TATA,CHAIRMAN

• PARENT COMPANY - TATA GROUP

• SUBSIDIARIES - JAGUAR AND LANDROVER

• PRODUCTS - AUTOMOBILES AND ENGINES

• Consolidated Net Revenue grows by 22% in 2010-11

• Consolidated Profit Rs.2,424 crores (Rs.650 crores in 2009-10)

Page 6: TATA MOTORS (code of conduct , corporate governance, csr)

6

OUR MISSION- “Leadership with trust .”

OBJECTIVES-• Employee Focus: Make the organization a Great

Place to work .• Community Focus: Be a responsible corporate

citizen .• Supplier Focus: Treat Suppliers as partners .• Shareholders Focus: Demonstrate superior

results .• Customer Focus: Improve Customer Satisfaction.

Page 7: TATA MOTORS (code of conduct , corporate governance, csr)

Tata Code of Conduct•The values and principles which have governed the manner in which the Tata Group of companies and their employees have conducted themselves were first formally articulated as the Tata Code of Conduct

•This Code was intended to serve as a guide to each employee on the values, ethics and business principles expected of him or her in personal and professional conduct.

Page 8: TATA MOTORS (code of conduct , corporate governance, csr)

• National interest

• Financial reporting and records

• Competition

• Equal opportunities employer

• Gifts and donations

• Government agencies

• Political non-alignment

Page 9: TATA MOTORS (code of conduct , corporate governance, csr)

• Health, safety and environment

• Quality of products and services

• Corporate citizenship

• Cooperation of Tata companies

• Public representation of the company and the Group

Page 10: TATA MOTORS (code of conduct , corporate governance, csr)

Cont…• Third party representation

• Use of the Tata brand

• Group policies

• Shareholders

• Ethical conduct

• Regulatory compliance

Page 11: TATA MOTORS (code of conduct , corporate governance, csr)

• Concurrent employment

• Conflict of interest

• Securities transactions and confidential information

• Protecting company assets

• Citizenship

• Integrity of data furnished

• Reporting concerns

Page 12: TATA MOTORS (code of conduct , corporate governance, csr)

Human rights practices in TML!!

• As seen in the last 5-10 years TATA group of companies adheres to the TATA code of conduct in its business.

• TATA code of conduct has covered all the human rights principles proclaimed in universal declaration of human rights.

• However to strengthen and support internationally proclaimed human rights within the business of company, they decided to come up with following policies.

Page 13: TATA MOTORS (code of conduct , corporate governance, csr)

Whistle blower’s policy at TML!!

• Extension of Tata code of conduct.• Reporting party with reliable info.• Clearly defines the composition and role of

investigators and helps to take remedial action.

• Policy mentions pre-requisites to ensure that the identity of this policy is kept confidential.

Page 14: TATA MOTORS (code of conduct , corporate governance, csr)

Mechanisms to measure effectiveness of senior leadership:

TYPE OF REVIEW FREQUENCY CHANGES DRIVEN

Balanced scorecard Month, quaterly, Yearly Personal team/Resources

Employee survey Annually Personal & policies

Performance review Annual with semi-annual updates

Personal & team

Focus group and skip-level meetings

Monthly Personal & policies

TBEM[internal and external]improvement initiative

Half-yearly and annually Processes & linkages

Self-evaluation Weekly and monthly Personal actions

Page 15: TATA MOTORS (code of conduct , corporate governance, csr)

Stake-holders engagement model at Tata motors!!!

Engage with

stakeholder Identify issues

&concerns

Priority to the issues & concern

Address the issues

& concernsSet goals &

targets

Take necessary decions

Report back to

stakeholder

Learning and

feedbacks

Page 16: TATA MOTORS (code of conduct , corporate governance, csr)

Corporate governace

• “the system by which companies are directed and controlled".

• Corporate governance refers to the set of systems, principles and processes by which a company is governed.

• They provide the guidelines controlled such that it can fulfil its goals and objectives.

Page 17: TATA MOTORS (code of conduct , corporate governance, csr)
Page 18: TATA MOTORS (code of conduct , corporate governance, csr)

Principles of corporate governace

• Rights and equitable treatment of shareholders

• Interests of other stakeholders:• Role and responsibilities of the board:• Integrity and ethical behavior• Disclosure and transparency.

Page 19: TATA MOTORS (code of conduct , corporate governance, csr)

Type Nos.

Complaints regarding non-receipt of dividend/interest, shares lodged for transfer 221

Complaints received from the shareholders through SEBI and other statutory bodies and resolved

66

Complaints redressed out of the above 286

Pending complaints as on 31.3.2011 1

Other Queries received from shareholders and depositors and replied 15377

Page 20: TATA MOTORS (code of conduct , corporate governance, csr)

CORPORATE SOCIAL RESPONSIBILITY

Page 21: TATA MOTORS (code of conduct , corporate governance, csr)

CSR in TATA MOTORS

• Health1. Healthcare provided to nearly 3,00,000 people annually2. Sanitation drives conducted with participation of over 40,000 villagers in

over 50 villages3. Amrutdhara Project implemented to provide safe drinking water to 100

villages in the next three years4. Smoke efficient chullahs installed in over 200 villages to curb respiratory

problems

• Education1. Infrastructure ans facility upgradation benefiting 50,000 students annually2. Teacher’s training for more than 2000 primary school teachers3. Nearly 500 students supported through scholarships annually

Page 22: TATA MOTORS (code of conduct , corporate governance, csr)

• Employability1. Adopted 21 it is under public-private partnership schemes2. Over 1600 women benefited through SHG’s.

• Environment1. Close to 10000 trees planted annually2. Over 2000 families benefited from improved irrigational

facilities3. Over 4000 community members sensitized on

environmental issues

Page 23: TATA MOTORS (code of conduct , corporate governance, csr)

Cont..

• At Lucknow Plant, there has been a drastic increase in electrical energy due to commencement of a new production facility

• Invested Heavily to provide Bus transportation Facilities to employees.

• They also conduct in-house blood testing, health awareness lectures and seminars

• Focus on tree plantation, wasteland development, encouraging usage of biogas plants, and rainwater harvesting initiatives.

Page 24: TATA MOTORS (code of conduct , corporate governance, csr)

Training programme Coverage of populationModern agriculture Training 310Mushroom production 50Vermin Composting 160Horticulture and timber plantation 210Sewing Stitching and Embroidery 150Personality Development 75Computer Training 125Fish Farming 370Shg and Enterpreneurship Training 30

Page 25: TATA MOTORS (code of conduct , corporate governance, csr)

TATA – SINGUR CONTROVERSY

Page 26: TATA MOTORS (code of conduct , corporate governance, csr)

TATA Nano Singur Controversy

•Tata Nano Singur Controversy refers to the controversy generated by land acquisition of the proposed Nano factory of Tata Motors at [Singur] in Hooghly district,

West Bengal, India.

•Singur gained international media attention since Tata Motors started constructing a factory to manufacture their $2,500 car, the Tata Nano at Singur. The small car

was scheduled to roll out of the factory by 2008.

Page 27: TATA MOTORS (code of conduct , corporate governance, csr)

Conti…

• Chief protesters include the opposition parties spearheaded by the Trinamool Congress under Mamata Banerjee and Socialist Unity Centre of India.

• Chief protesters include the opposition parties spearheaded by the Trinamool Congress under Mamata Banerjee and Socialist Unity Centre of India.

• The Tata Group announced on October 3, 2008 that they are pulling out of Singur due to the political unrest and agitation.

Page 28: TATA MOTORS (code of conduct , corporate governance, csr)

• Gujarat Chief Minister Narendra Modi has given the Tata Motors a deal it will never forget. A deal that convinced the auto giant to choose Gujarat over other states as the site for the Tata Nano plant.

• The biggest incentive was a Rs 9,570 crore soft loan over 20 years — close to 25 per cent of Gujarat's annual budget.

• Tata Motors will repay the loan in 20 years, at 0.1 per cent interest rate and will repay the land price in eight equal annual installments.

Page 29: TATA MOTORS (code of conduct , corporate governance, csr)

• The government will also provide a four-lane road connectivity and also exempt Tatas from electricity duty, registration and transfer charges of land.

• It will also put up a waste disposal plant, supply natural gas through a pipeline and provide 100 acres near Ahmedabad for a township.

Page 30: TATA MOTORS (code of conduct , corporate governance, csr)

Questions to be asked??

• Do you think that this deal was fair enough from the government point of view?

• Is providing such a huge amount of loan at just a minimal interest rate fair?

• Well what about the welfare of the people at Singur who faced complications due to controversy?

Page 31: TATA MOTORS (code of conduct , corporate governance, csr)

???????????