Our stakeholders comprise providers of financial capital as well as other stakeholders. Our value creation model leverages our core competencies and focusses on creating a best-in-class integrated value chain. At Tata Steel, we not only pursue financial outcomes but also invest in the sustainability and preservation of natural resources, technology, the development and well-being of our employees as well as communities to make us future-ready.
Through our process of managing our capitals and creating value, we make significant contributions to the United Nations Sustainable Development Goals (UN SDGs). Our priorities for sustainable development are aligned to those of India as well as the steel industry. As a responsible corporate citizen, we have mapped our capitals to the 17 SDGs.
Medical Staff at Tata Main Hospital remain committed to a healthier tomorrow
Balance the portfolio in favour of growing Indian market for steel products and services
Completion of capacity expansion at Kalinganagar to reach 8 MnTPA
Growth in long products portfolio and driving synergies from acquisitions
Attain leadership position in Adjacent Businesses (New Materials, Services & Solutions, Mining)
Create a sustainable business in Europe
Simplify and consolidate Tata Steel Group companies
Focus on deleveraging, fund profitable growth in India
Structural cost reduction through focus on raw materials security and logistics infrastructure
Drive operational efficiencies and cost effectiveness through structured continuous improvement programmes (Shikhar25)
Consolidate position as global cost leader
Attract top talent by becoming an employer of choice
Focus on safety leadership and strengthen processes
Leverage digital technology to enhance efficiency and enable business transformation
Focus on R&D and technology to achieve technology leadership in the steel industry
Build a culture and capability of breakthrough innovation
Foster a culture of agility