Business ethics and sustainability in the steel industry
A Tata Steel case study

Page 1: Introduction

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Steel is a unique and vital material. It touches almost every part of modern life. It is a key element of our infrastructure. From buses to buildings, from canned food to computers, almost everything we see around us is either made of steel or is made using steel. Steel is essential to modern society. Tata Steel is the second largest steel producer in Europe and has its main steelmaking plants in the UK and Holland. It supplies steel and related services to major industries, such as construction, vehicle production and packaging. The European operations are a subsidiary of Tata Steel Group, one of the world’s top ten steel producers. The combined Group has around 80,000 employees.

The challenges of sustainability

A commitment to environmentally-sound practices is part of many businesses’ commitment to act responsibly. Social responsibility refers to an organisation’s obligations to maximise its long-term positive impacts and minimise its negative impacts on society. For Tata Steel, it is a core part of its vision to be ‘the global steel industry benchmark for value creation and corporate citizenship.’

Tata Steel is committed to tackling the challenges of sustainability. This means that it takes its responsibility towards both the environment and its communities seriously, balancing these against the need to make a profit. It has put systems in place to meet international standards for environmental management such as ISO14001.

Respecting and safe-guarding the environment is a central principle held by all Tata Group companies and can go hand-in-hand with profitable business.

Tata Steel | Business ethics and sustainability in the steel industry

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