Tata Steel Recognized for the Fifth Time as One of India’s Best Workplaces in Manufacturing for 2022 by Great Place to Work®

Mumbai, February 16, 2022

~ Named in the Top 30 for its people-centric approach and its pioneering initiatives in diversity, equity and inclusion and agile working model ~

Tata Steel has been recognized as one of India’s Best Workplaces in Manufacturing 2022 by Great Place to Work®. This recognition, received for the fifth time, underscores the Company’s continued focus on fostering a culture of trust, integrity, growth and employee care.

Over the years, Tata Steel has implemented several innovative policies, practices and initiatives for various segments of the workforce, such as the integration of transgender people and women into major mining operations. The company has consistently innovated and been at the forefront of human resources management practices in the areas of hiring, engagement, diversity and inclusion, rewards and recognition and performance management. Tata Steel has implemented forward-thinking policies such as extending benefits to LGBTQ+ partners, agile working models and extended maternity leave to create a conducive workplace for all diverse groups.

Atrayee Sanyal, Vice President, Human Resource Management, Tata Steel, noted: “We are honored to receive this recognition for the fifth time. At Tata Steel, we strongly believe in fostering teamwork, developing talent and enhancing leadership abilities. Our people have always been our asset most valuable to achieving organizational goals. Our policies are driven by the philosophy of putting people first, every time. This has enabled us to create a work environment that is inclusive and promotes equal opportunity for all. Tata Steel has implemented several innovative policies and practices for various segments of the workforce and will continue to evolve with the times to nurture and empower its workforce.”

As the world’s authority on workplace culture, Great Place to Work® has studied the employee experience and employee practices in all organizations for over three decades. Each year, more than 10,000 organizations from more than 60 countries partner with the Great Place to Work® Institute to assess, compare and plan actions to strengthen their workplace culture.

This year, 132 organizations in the manufacturing sector undertook this assessment. This study also represented the voice of 3,83,583 manufacturing employees across the country. Based on a rigorous assessment, Tata Steel has been identified among the top 30 organizations recognized as the best places to work in India in 2022.

About Tata Steel

The Tata Steel Group is among the world’s leading steel companies with an annual crude steel capacity of 34 million tonnes per year. It is one of the most geographically diverse steel producers in the world, with operations and a commercial presence around the world. The group recorded consolidated revenue of US$21.06 billion in the fiscal year ended March 31, 2021.

A certified workplaceMT organization, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents and has more than 65,000 employees. Tata Steel has been part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. In addition to being a member of ResponsibleSteelMT and worldsteel’s climate action program, Tata Steel has won several awards and accolades, including the World Economic Forum’s Global Lighthouse recognition for its plants in Jamshedpur, Kalinganagar and IJmuiden, and the Prime Minister’s Trophy for the integrated steelworks the stronger for 2016-17. The company, ranked as India’s Most Valuable Metals and Mining Brand by Brand Finance, was among CII’s Top 25 Innovative Indian Companies in 2021, received Sustainability Champion Recognition from the steel from worldsteel for four consecutive years, Ethisphere Institute’s ‘Most Ethical Company’ 2021 award, RIMS India ERM Award of Distinction 2021 and Award for Excellence in Financial Reporting FY20 from ICAI, among others.

To learn more, visit www.tatasteel.comand WeAlsoDoTomorrow

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Warning:

Statements in this press release describing the performance of the Company may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the operations of the Company include, among others, economic conditions affecting demand/supply and pricing conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, government regulations, laws, statutes, court orders and/or other incidental factors.

For media inquiries, contact:

Sarvesh Kumar

Head, Corporate Communications – Tata Steel

E-mail: [email protected]

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