Forging Tomorrow. Corporate Brochure FY 2019-20 Contents

A vision for tomorrow 2

Tata group overview 12

Tata Steel group overview 18

Tata Steel overview 28

A vision beyond operations 40

Innovation 42

Technology 46

Sustainability 50

Directory of group companies 64

Disclaimer: While care has been taken to ensure that the information in the Corporate Brochure is accurate, neither Tata Steel nor its subsidiaries accept responsibility or liability for errors or information that is found to be misleading. All content published is GAS STORAGE, PORT TALBOT copyright of Tata Steel and may not be reproduced without the written permission of the publishers. A VISION FOR TOMORROW

We provided 75% of >45,000 MnT the rebar steel used to of our steel has been construct India’s largest used in 32 major rail-cum-road bridge. airports across India.

we make structures of tomorrow

BOGIBEEL BRIDGE, ASSAM KEMPEGOWDA INTERNATIONAL AIRPORT, BENGALURU A VISION FOR TOMORROW ~40,000 km of our steel cables – equal to the Earth’s circumference – helped build the iconic bridge over open seas in India.

we make landmarks of tomorrow

More than 4,000 sq m of our ComFlor®80 composite flooring system was installed at the very top of the world’s tallest building.

BURJ KHALIFA, DUBAI BANDRA-WORLI SEA LINK, A VISION FOR TOMORROW

800 MPa strength, more than 20% lighter and greater flexibility for superior aesthetics, HyperForm® champions a mission to lower vehicular CO2 emissions and augments fuel efficiency, without compromising on safety.

we make solutions of tomorrow

Extraordinary strength, super lightweight and incredibly corrosion-resistant, Fiber Reinforced Polymers (FRPs) and graphene represent new-age wonders that find use across countless industrial applications.

HYPERFORM® AUTOMOTIVE STEEL ALTERNATIVE MATERIALS A VISION FOR TOMORROW

We commissioned India’s first steam ageing facility at Jamshedpur for accelerated weathering of LD slag to develop environment‑friendly aggregates for road construction, replacing natural aggregates. we make tomorrow greener

To increase diversity and inclusiveness, Tata Steel became the first company in India to engage women at its mining locations from September 1, 2019

WOMEN @ MINES : NOAMUNDI IRON ORE MINES ROADWAYS IN NORTHERN INDIA About Tata Steel

The Tata Steel group is one of the most diversified steel producers in the world, with an annual crude steel capacity of 34 MnTPA. It comprises Asia’s first integrated steel maker, Tata Steel Limited, together with its subsidiaries, associates and joint ventures; and an employee base of 65,000+. A flagship entity of the 150-year- old illustrious , Tata Steel is one of the few global steel operations that is fully integrated – A vision for from mining to manufacturing and tomorrow marketing of finished products.

The world as we know it would not be the same without steel. From the buildings we work and live in, to the vehicles we drive, from the iconic landmarks that define our city skyline, to the roads and bridges that bring us closer to each other, Tata Steel is everywhere, ensuring lives are safer and easier.

We strive to address society’s biggest challenges, making the world’s most versatile material even better. This desire to imagine and innovate helps us go beyond steel to champion a better tomorrow. Our foray into new solutions and technologies speaks of the consistent efforts we are making today to shape a future that is more humane, more liveable and filled with infinite possibilities.

HIGH-RISE IN EUROPE

10 11 TATA GROUP OVERVIEW

From the House of Tata

The Tata group is a global business conglomerate founded by Jamsetji Nusserwanji Tata in 1868 and headquartered in Mumbai, India. Shaped by a lineage of sound and straightforward business principles, the group is built on a foundation of trust and transparency. This forms the basis of every business we, at Tata Steel, operate in.

Businesses at a glance

From an early foray into steel and automobiles, to staying abreast of the latest technologies, the Tata group is present in 150 countries and six continents. It operates through 30 companies that are segregated into 10 clusters.

Automotive Infrastructure

Steel Trading and investments

Information technology Financial services

Consumer and retail Tourism and travel

Telecommunication Aerospace and defence and media

12 13 TATA GROUP OVERVIEW

Values at the core

Our value system is not an adjunct to profits, but forms the very core around which each Tata group company works to create long-term stakeholder value based on ‘Leadership with Trust’. A look back

1868 Began as a trading company by that had a capital outlay of ₹21,000

1903 Inaugurated Taj Mahal Hotel

1907 Established Tata Iron and Steel Company (now Tata Steel) Integrity Excellence 1941 Commissioned the Tata Memorial Hospital We will be fair, honest, We will be passionate about transparent and ethical in our achieving the highest 1945 Established Tata Engineering and Locomotive Company (now ) conduct; everything we do must standards of quality, always stand the test of public scrutiny. promoting meritocracy. 1954 Incorporated 1968 Established Tata Consultancy Services (TCS)

1984 Forayed into the watch market with Titan Industries, a Joint Venture (JV) with Unity Responsibility the Tamil Nadu Industrial Development Corporation (TIDCO) We will invest in our people We will integrate and partners, enable environmental and social 1994 Entered the Indian jewellery market with continuous learning, and principles in our businesses, build caring and collaborative ensuring that what comes 1998 Launched Tata Indica, India’s first indigenously designed and manufactured relationships based on trust from the people goes back to car, and Tata Safari, India’s first SUV and mutual respect. the people many times over. 2000 Tata Tea (now Tata Global Beverages) acquired the erstwhile 160-year-old British group

2001 Entered the insurance space with two JVs: Pioneering Tata AIG, this year, and Tata AIA in 2000 We will be bold and agile, 2006 Launched the Direct-to-Home (DTH) service courageously taking on challenges, using deep 2015 Formed , ’ JV with customer insight to develop Singapore innovative solutions. 2018 TCS became the first listed Indian IT company to cross US$100 billion in market capitalisation

2019 Tata Global Beverages and combined consumer brands to create Ltd.

14 15 TATA GROUP OVERVIEW

At home around the world

The Tata group has made significant investments in different geographies. With its ever-increasing international footprint, the group is now reaching out to customers in the farthest corners of the world.

Headquarters Representative offices Mumbai Washington DC London Singapore Dubai Beijing

London Europe

China Beijing

North America India Dubai Middle East Asia Pacific & North Africa Washington DC Mumbai

Singapore

16 17 TATA STEEL GROUP OVERVIEW

We make steel

Tata Steel is one of the world’s Growing from strength to strength most geographically diversified steel producers. With raw material • Phase II of expansion of capacity at our Kalinganagar plant in , from 3 MnTPA to 8 MnTPA, will help us enter the automotive, general engineering operations in India and Canada, and and other value-added segments. manufacturing units spanning India, • The integration of Bhushan Steel, renamed Tata Steel BSL, has helped us Europe and South-East Asia, we are expand our footprint in India significantly. self-sufficient in iron ore. • We acquired the steel business of Usha Martin, through Tata Sponge Iron, renamed Tata Steel Long Products. This will enable us to participate in the growing market for long products.

Did you know?

Tata Steel is what connects the CAPACITIES London Eye, ’s Howrah Bridge and Dubai’s Burj Khalifa. 34 MnTPA All three iconic structures have GLOBAL CRUDE STEEL been built using our steel.

PRODUCTION AND SALES Our steel is found in every model of Boeing and Airbus civil aircraft 28.4 MnT in production today. STEEL PRODUCTION 90,000 sq m of our steel, equal to 26.26 MnT almost 17 football fields, is building DELIVERIES the new gem in London’s skyline, 100 Bishopsgate Tower. FINANCIALS Recognitions ₹1,39,816.65 crore • CII GreenCo Star Performer Award 2019 TURNOVER • Dun & Bradstreet Corporate Award 2019 in the category of Corporate Social ₹1,172.46 crore Responsibility PROFIT AFTER TAX • Honoured as ‘Business Transformer’ at th NOTE: ALL FIGURES ARE FOR FY 2019-20 the 14 Annual CIO100 Awards, 2019 (CONSOLIDATED) • Best Integrated Report Award 2018 by the Asian Centre for Corporate Governance and Sustainability in September 2019 • World Economic Forum’s Global Lighthouse recognition for our UPSTREAM, KALINGANAGAR Kalinganagar Plant - a first for India 18 19 TATA STEEL GROUP OVERVIEW

A purpose that binds

The Tata group’s value system Towards holistic excellence directs the growth and business of all sectors we operate in. 1907 Tata Iron & Steel registered as a company

1910 Obtained the first colliery for Tata Iron & Steel, adding six more in the course of time

1911 Began successful operations of the first blast furnace Mission 1912 Rolled out the first ingot of steel from the Sakchi Consistent with the vision and values of our founder plant; introduced an 8-hour working day Jamsetji Nusserwanji Tata, Tata Steel strives to strengthen India’s industrial base through effective 1918 Established India’s first steel (coke) plant on utilisation of staff and materials. June 18, as an enterprise financed by Indian The means envisaged to achieve this are cutting- capital and built by Indian workers edge technology and high productivity, consistent with modern management practices. 1955 Signed an agreement with Kaiser Engineers for a Tata Steel recognises that while honesty and integrity 2 MnT expansion programme are essential ingredients of a strong and stable enterprise, profitability provides the main spark for 2007 Acquired the London-based steel manufacturer economic activity. Overall, the Company seeks to Corus Group, thereby becoming one of the most scale the heights of excellence in all it does in an geographically diversified and leading steel atmosphere free from fear, and thereby reaffirms its producers in the world faith in democratic values. • Commemorated 100th year, with the Indian Prime Minister unveiling the centenary postage stamp Vision 2012 Created history by becoming the world’s first We aspire to be the global steel industry integrated steel company to be awarded the benchmark for Value Creation and Deming Grand Prize Corporate Citizenship. 2016 Began commercial production in Kalinganagar, our second integrated steel plant in India We make a difference through: • Our People • Our Policies 2018 Acquired Bhushan Steel • Our Offerings • Our Innovative Approach 2019 • Undertook the second phase of capacity • Our Conduct expansion programme at Kalinganagar • Acquired Usha Martin’s steel business through our subsidiary, Tata Sponge Iron Limited

Values 2020 Tata Steel Mining Limited signed 50-year leases for Kamarda and Saruabil chromite mines Our excellence is rooted in the value system of the Tata group.

Integrity Responsibility

Excellence Pioneering

Unity

DOWNSTREAM, JAMSHEDPUR

20 21 TATA STEEL GROUP OVERVIEW

Diversified global footprint

THE NETHERLANDS MANUFACTURING WORKS Tata Steel Ijmuiden

CANADA MINING OPERATIONS Iron ore THAILAND MANUFACTURING WORKS Tata Steel Thailand

THE UK Established in India as Asia’s MANUFACTURING WORKS first integrated private steel Port Talbot Steel Works company in 1907, Tata Steel, today, has flourished across five continents. Continuous improvement in our product and service portfolio, along with success in value-added INDIA MINING OPERATIONS services for customers, Iron ore Coal allows us to serve global Chromite growth markets. Manganese Dolomite SINGAPORE Read more on P 24 MANUFACTURING WORKS MANUFACTURING WORKS NatSteel Tata Steel Jamshedpur Tata Steel Kalinganagar Tata Steel BSL, Dhenkanal

22 23 TATA STEEL GROUP OVERVIEW

India Europe South-East Asia Canada

We are Asia’s first integrated steel company with Tata Steel is Europe’s second-largest steel producer, Our South-East Asian operations began in 2004 with Tata Steel Minerals Canada is a JV between Tata Steel captive iron ore mines and collieries located near establishing a presence in the continent after acquiring Corus the acquisition of NatSteel, Singapore. This was further Limited (80%) and New Millennium Iron Corporation our manufacturing facilities in Jamshedpur and in 2007. We have integrated steelmaking sites in Ijmuiden, the strengthened in 2015, when we acquired a majority stake (20%). The JV aims to develop iron ore deposits in Kalinganagar. With a slew of organic and inorganic Netherlands and Port Talbot, the UK. Our other downstream in the Thailand-based steelmaker Millennium Steel. We are Quebec, and Newfoundland and Labrador in Canada growth initiatives, we are strengthening our business facilities across Europe produce a variety of special steels, concentrating our efforts in the region to grow our value-added and is involved in two major projects. in India and remain well poised to take advantage of ultra-pure re-melted steels and various rolling and coating products and services portfolio, while strengthening our the emerging opportunities in the country. lines. key steel operations in Singapore, Thailand and China.

JAMSHEDPUR IJMUIDEN, NATSTEEL, DIRECT SHIPPING ORE THE NETHERLANDS SINGAPORE PROJECT Our flagship facility and Asia’s first integrated steel works Known for producing Involves mining, crushing, high-quality steel used in One of the best washing, screening and Read more on P 32 automotive, construction, steel producers shipping the sinter fines and packaging, batteries, tubes, pellet fines to Tata Steel’s KALINGANAGAR industrial vehicles and of Singapore European steel-making facilities India’s largest single-location white goods greenfield steel project PORT TALBOT, 0.75 MnTPA Read more on P 34 OPERATING TACONITE PROJECT THE UK CAPACITY Conducting a Feasibility Study DHENKANAL Part of the strip product of the LabMag and KeMag iron business of Tata Steel in Tata Steel BSL’s plant is one of ore deposits, which form a part the UK India’s largest integrated steel 75% of the 150-km-long Millennium OF SCRAP FROM CITY mills equipped with steelmaking Iron Range in northern Canada CONSUMED IN PLANT and finishing facilities

One of the most A new high-tech TATA STEEL THAILAND profitable and 15 MnTPA robotic welding 12.4 MnTPA 2.2 MnTPA CRUDE STEEL CRUDE STEEL Largest rolling (finished) lowest cost CAPACITY line, the largest in PRODUCTION CAPACITY capacity producers of the UK, has been producer and steel in the world 5.6 MnTPA introduced at the ~50% distributor of long 10% CAPACITY OF automotive service OF THE UK'S STEEL steel products in OF STEEL EXPORTED TO TATA STEEL BSL REQUIREMENTS SUPPLIED Thailand GLOBAL DESTINATIONS formerly known as bhushan steel centre in West BY TATA STEEL UK Midlands

24 25 TATA STEEL GROUP OVERVIEW

DOWNSTREAM, JAMSHEDPUR An integrated value chain

Upstream Downstream

PROCESSED IRON MAKING STEEL MAKING ROLLING (FLAT AND PROCESSING CENTRES CUSTOMERS RAW MATERIAL LONG PRODUCTS) Inbound Logistics BY-PRODUCTS PRODUCTS Logistics Outbound MINING

Tata Steel is one of the few fully-integrated Mining Manufacturing Marketing global steel producers, involved across mining, We adopt a holistic operating model We convert the raw materials to hot metal We cater to an array of market encompassing a steel value chain and and crude steel through various supporting segments in countries across the world iron-making, steel-making, casting, rolling and a raw materials value chain, along with processes, including coke making, sinter with products and brands that fulfil finishing, and marketing and sales. downstream and allied businesses related making and pelletisation. On the one hand, different requirements. to value-added products and solutions. the steel is cast into slabs, which are then rolled into flat products. On the other, the steel is cast into billets, which are then rolled into long products.

26 27 TATA STEEL INDIA OVERVIEW

Inside Tata Steel India CAPACITIES financials We are India’s lowest cost producer of steel. Did you know? Our history and journey are inextricably 12 MnTPA ₹82,125 crore linked to the Indian growth story; and we JAMSHEDPUR PLANT TURNOVER have helped build the nation’s industrial Tata Steel Kalinganagar is the first narrative, since the time we laid the 3 MnTPA ₹17,650 crore Indian plant to be included in the KALINGANAGAR PLANT EBITDA foundation of India’s first industrial city in elite Global Lighthouse Network of Jamshedpur more than 100 years ago. the World Economic Forum for its 5.6 MnTPA ₹5,611 crore leadership in applying Industry 4.0 CAPACITY OF TATA STEEL BSL PROFIT AFTER TAX formerly known as bhushan steel technologies. ₹10,400 EBITDA/TONNE India’s first steam ageing facility for ‘accelerated weathering’ of LD slag

PRODUCTION AND SALES was commissioned at Tata Steel Jamshedpur. 18.2 MnT CRUDE STEEL PRODUCTION

155 NEW PRODUCTS DEVELOPED SHARE IN TOTAL DELIVERIES (MnT)

16.97 MnT 9.88 DELIVERIES Domestic 1.50 12.32 Exports total 0.94 Transfer to downstream units

SHARE IN DOMESTIC SALES (MnT)

1.45 Automotive & special products 9.88 4.61 domestic Industrial products & projects 3.82 Branded products & retail

NOTE: ALL FIGURES ARE FOR TATA UPSTREAM, KALINGANAGAR STEEL INDIA FOR FY 2019-20

28 29 TATA STEEL INDIA OVERVIEW

Operational strength

In India, Tata Steel operates integrated manufacturing facilities in Jamshedpur and Kalinganagar, with captive iron ore and coal mines, a dolomite mine, a chromite mine and manganese mines spread across Jharkhand, West Bengal and Odisha.

Raw materials The making of steel depends on natural resources such as iron ore, coal and other minerals, which constitute our key raw materials. Our steelmaking operations at Jamshedpur and Kalinganagar secure 100% of their iron ore requirement from captive sources and this remains one of our biggest operational strengths. It helps us maintain cost-competitiveness and derive production efficiencies, while insulating us against volatility in the open market.

Ferro Alloys and Minerals Division • Largest non-steel business unit of Tata Steel • One of the leading global producers of chrome alloy • India’s largest producer of ferro chrome and leading producer of manganese alloy Manufacturing locations Raw material locations

JAMSHEDPUR NOAMUNDI, JODA EAST, KALINGANAGAR KATAMATI, KHONDBOND DHENKANAL Iron ore mines and quarries

WEST BOKARO Open cast coal mines

JAMADOBA GROUP, SIJUA GROUP Underground coal mines

Downstream operations Raw materials revenue stream FERRO ALLOYS AND MINERALS JAMSHEDPUR Tubes manufacturing and tinplate JODA, BAMNIPAL, GOPALPUR Ferro alloys plant TARAPUR, PITHAMPUR, KILLA Wire manufacturing JODA WEST, BAMBEBARI, MALDA, TIRINGPAHAR KHARAGPUR Manganese mines Bearings manufacturing SUKINDA Chromite mine

GOMARDIH DOWNSTREAM, JAMSHEDPUR Dolomite mine

30 31 TATA STEEL INDIA OVERVIEW

TATA STEEL JAMSHEDPUR (TSJ) Asia’s first integrated steel plant

Tata Steel Jamshedpur (TSJ) is our flagship facility. From driving the first stake into the soil of Sakchi village in 1908 to becoming India’s steel city, Jamshedpur (also known as Tatanagar) is the soul of the Tata story.

An industry benchmark Key outputs • TSJ sets the yardstick for specific consumption of energy, refractory, pulverised coal injection and coke rates in India • Initiative to roll out process safety through a ‘Centre of Excellence’ methodology at Jamshedpur has been HOT ROLLED COILS COLD ROLLED COILS WIRE RODS appreciated by World Steel Association as the ‘Best Practice’ of 2018 across the industry Availability of critical manufacturing units Our focus on asset management using data analytics and predictive modelling, has resulted in >90% availability of our key manufacturing units at Jamshedpur. GALVANISED COILS REBARS

32 33 TATA STEEL INDIA OVERVIEW

TATA STEEL KALINGANAGAR (TSK) India’s largest single-location greenfield steel project

Tata Steel Kalinganagar (TSK) is our second integrated steel plant in India, manufacturing high-end flat products. Spread over 3,000 acres and commissioned in 2016, TSK attained production levels at its rated capacity in less than two years. We installed state-of-the-art equipment and modern facilities to achieve a highly cost-competitive and productive plant. TSK is designed to have a minimal water as well as carbon footprint.

Key digital enablers Key operational Fortifying tomorrow highlights • Fastest ramp-up of Following the successful implementation of ₹23,500 crore greenfield plant Phase I of the Kalinganagar Project in Odisha, CAPEX ALLOCATION • Fastest stabilisation of 3 MnT+ size blast furnace we initiated the next phase of capacity in the world expansion in Kalinganagar in FY 2018-19. • 5% reduction in manufacturing cost 5 MnTPA CAPACITY EXPANSION DATA-BACKED ADVANCED HIGH-SPEED DATA • 60% reduction in product DECISION- MAKING AND ANALYTICS EXTRACTION development time REAL-TIME MONITORING • Fastest time-to-market from order generation to fulfillment in Tata Steel 48 months EXPECTED PROJECT COMPLETION

The project configuration and costs include investments in raw material NOTE: ALL FIGURES ARE FOR FY 2019-20 capacity expansion, upstream and mid-stream facilities, infrastructure and downstream facilities. This will help us make value-added products like cold rolled galvanised and annealed products, as well as meet the ARTIFICIAL INTELLIGENCE 3D PRINTING PREDICTIVE MAINTENANCE requirements of automotive, general engineering and other high-end MODELLING DEPLOYMENT quality product market segments.

34 35 TATA STEEL INDIA OVERVIEW

Rich customer insight

Tata Steel is home to a comprehensive portfolio of products SEGMENT and brands, catering to multiple industries and segments. Industrial and General From the vehicle you drive, to the house you live in; from the bridges you cross, to the hand tools that you use; the steel Engineering we produce is an integral part of your everyday life. Market Sub-segments Products and brands

Panel and Appliances, Tata Steelium (CR), Galvano SEGMENT Fabrication and Capital (Coated), Tata Astrum (HR), Goods, Furnitures Tata Structura (tubes), Tata Construction (B2ECA) Astrum Super (for fabrication)

Market Sub-segments Products and brands STEELIUM PANEL GALVANO PANEL LPG (B2B) Hot-rolled (HR)

Individual House Builders Tata Tiscon (rebars), Tata Welding (B2B) Wire rods (B2C) Pravesh (steel doors and windows), Tata Shaktee (roofing sheets), Tata Transmission Power and Tata Astrum Super Pipes (plumbing pipes), Distribution (B2B) (for fabrication) Tata Structura (tubes) FERRO CHROME HOT ROLLED Process Industries Tata Tiscrome (ferro chrome), Corporate and Habinest (prefabricated (Cement, Power) (B2B) Tata Ferromag (ferro Government Bodies (B2B) houses), AquaNest Water manganese), boiler tubes, (B2G) Kiosks, Ezynest Modular Tata Pipes, Tata Ferroshots, Toilets, MobiNest (office Blast Furnace (BF) slag, cabins), Nestudio (rooftop Metallics houses), CanvaNest (EV charging station), Smart Easy Nest (for smart cities) Notes: B2B – Business to Business; B2C – Business to Consumer; B2G – Business to Government; B2ECA – Business to Emerging Infrastructure (B2B) TMT rebars (higher dia rebars Corporate Account ‘AQUANEST’ - WATER and corrosion-resistant steel) *OEM – Original Equipment Manufacturer VENDING KIOSK, NEST-IN ‘PRAVESH’ STEEL DOOR **LRPC – Low-relaxation Pre-stressed Concrete Housing and Commercial Tiscon readybuild (cut and (B2ECA) bend bars), Tata Structura (tubes), PC Strands (LRPC)**, Tata Nirman, Tata Aggreto, Ground Granulated Blast SEGMENT Furnace Slag (GGBS), WAMA – GC for walling Agriculture

SEGMENT Market Sub-segments Products and brands

Automotive Agri Equipment (B2B) Bearings

Fencing, Farming and Galvanised Iron (GI), Wires, Market Sub-segments Products and brands Irrigation (B2C) agricultural and garden tools, conveyance tubes Auto OEMs* Hot-rolled (HR), Cold-rolled (B2B) (CR), Coated Coils and Sheets

Auto Ancillaries HR, CR, Coated Steel Coils (B2B) (B2ECA) and Sheets, Precision Tubes, Tyre Bead Wires, Spring Wires, SPECIAL PURPOSE BALL BEARINGS HUB UNIT BEARINGS GARDEN TOOL SETS CHAFF CUTTER Bearings

36 37 TATA STEEL INDIA OVERVIEW

Board of Directors

The trust that Tata Steel has garnered in the past 110+ years is an irreplaceable asset created through the efforts of colleagues. Our leaders guide us towards a better tomorrow, as we take this legacy forward and seek opportunities to create new value in the age of accelerating change.

STANDING (LEFT TO RIGHT) T. V. Narendran V. K. Sharma Petrus Blauwhoff Deepak Kapoor Saurabh Agrawal Koushik Chatterjee Chief Executive Officer and Non-Executive Director Independent Director Independent Director Non-Executive Director Executive Director and Managing Director Chief Financial Officer

SITTING (LEFT TO RIGHT) Aman Mehta N. Chandrasekaran Mallika Srinivasan O. P. Bhatt Independent Director Chairman Independent Director Independent Director

38 39 Building on the three pillars of Innovation, Technology and Sustainability, we have embarked on a journey to not only make superior quality steel, but a better tomorrow as well.

Innovation Our patents, new products, new materials and in-house technologies are aimed at making a positive A vision difference to the society.

beyond Technology Our efforts to leverage both steel technology and digital interface are operations targeted at achieving service excellence.

Our long-term strategy to be a global steel industry leader entails looking much beyond Sustainability financial and operational objectives to create Our initiatives help conserve shared value for our stakeholders. True to our natural resources while ensuring founding philosophy of ‘profits with a purpose’, sustainable growth and we are deeply committed to building a business fostering strong relationships that remains as relevant and impactful with communities. tomorrow as it is today.

DOWNSTREAM, JAMSHEDPUR

40 41 Innovation Creating new value Key support units • Enhanced research facilities with state-of-the‑art laboratories, an R&D team of 200+ researchers and collaborations/ memberships with 50 premier technical institutes • Innovation council that incubates novel ideas, enables implementation and advances research on new materials • In-house platforms, such as Innovent, that identify key customer insights and translate them into tested and scalable business models

A continued emphasis on novel approaches keeps us ahead of the curve, amid changing customer needs, competition from alternative materials and a dynamic regulatory environment.

VISION 2025

₹259 crore 58 155 To generate R&D SPEND PATENTS GRANTED NEW PRODUCTS LAUNCHED ~10% of revenue from new materials

NEW PRODUCTS DEVELOPMENT, KALINGANAGAR | NOTE: ALL FIGURES ARE FOR FY 2019-20

42 43 INNOVATION

Key outcomes LOUVRE, ABU DHABI Innovent

We are creating solutions that make a positive difference In-house platforms such as Innovent focus on to the society with patents, new products, new materials identifying key customer insights and translate them and by developing in-house technologies for sustainable into tested and scalable business models. performance. Pravesh Vista windows Smart trash bins Solar panels These are hybrid windows with dual These help the municipality segregate Our first-of-its-kind solar panels, made functionality features, which swing and waste at source into two collection bins. with extremely thin steel sheets, eliminate slide open. the thick, toughened glass with high‑end • Variable sizes and vandal proof polymers. This makes the panels practically • Give 95% uninterrupted opening space • Provide garbage-level information to the unbreakable and are used in rooftops, to the user command centre for necessary action mobile portable units, facades and solar • Provide integrated security features bags. Smart bus shelters • Durable and easy to maintain • Steel integrated solar panels with all • Provide Wi-Fi connectivity and phone associated accessories as standard • Termite resistant and rust proof charging sockets ready-to-use roof-top kits • Hassle-free, professional installation • Accessibility for the differently abled • State-of-the-art mechanism for diverting French doors • CCTV and hooters to ensure safety of solar power passengers • Doors with aesthetic look and greater • Easy and quick installation on flat roofs security for areas leading to balconies, • Enable emergency access to a central with no invasion to existing roof and no gardens and lobbies command centre welding • Are being piloted in Punjab and Kerala • Modular structures that are light- weight, robust and wind- resistant, with complete safety features NEW PRODUCTS NEW & ADVANCED MATERIALS PROCESS IMPROVEMENTS ROAD AHEAD

• Developed 155 new products in FY 2019- Graphene TMining • Continue to enhance our new product 20, including those for high-strength • ~1,500 tonnes of graphene-coated ‘cut • An insight development on application portfolio, cost competitiveness and automotive structural applications. and bend’ superlinks (GFX Ultima) were of blast free mining technology (Surface environmental performance through sold. Miner) in hard rock (Underground Coal capability building and collaboration • On the long products front, we Study: ~80 Mpa) such as overburden with technology and research partners commercialised high-strength, Fibre Reinforced Polymer (FRP) material (sandstone, shale etc.) near • Co-develop and adopt new business high‑ductility rebar grade - Fe600 HD. products West Bokaro has been conducted. This models that can bring about a paradigm We also developed low nitrogen steel • In the infrastructure segment, a wide would be a first of its kind in the world shift through world-class partners and grade (WR3M) wire rods through the range of FRP solutions were launched, for removing materials that create start-ups Electric Arc Furnace (EAF) route for including FRP street furniture, gazebos, overburden. welding electrode wire application. fencing, and a range of decorative and translucent poles. CProcess Visualisation and Diagnostics • Continuous efforts towards enriching (PV & DT) customer experience by delivering • Building on the success of installing • Developed a virtual pile-making model innovative products resulted in Tata India’ first FRP foot overbridge in March using real time data for Noamundi iron Steel winning the `Innovative supplier of 2019, our New Materials Business (NMB) ore pile, facilitating visibility of chemical the year 2019’ award for developing the completed two more successful FRP composition and material mix of every S460MC grade of steel. bridge projects in FY 2019-20. location of 100 kilo tonne pile, to identify • In Europe, 22 new products were • In the industrial segment, FRP pressure and take corrective action in order to launched during the year, which include vessels for water filtration, FRP tanks reduce standard deviation of iron ore major developments for engineering, and chemical equipment for paper and fines quality. automotive and construction markets. pulp, textile and iron and steel industries were supplied. These products are best • The Packaging department has further equipped to tackle corrosion and are developed and commercialised its lightweight, thereby offering a long already launched polymer laminated maintenance-free service life. steel Protact® range of products. • Following the initial success of supplying FRP components to the Indian Railways, NMB has entered into railway coach interiors and is working closely with key production units of the Indian Railways. SOLAR PANEL FIELDS, INDIA

44 45 Technology Achieving excellence in cost and service

As we gear up for the Industry 4.0, we are developing cutting-edge technologies and designing solutions that help transform processes, improve efficiencies and enhance customer experience. VISION 2025 Reach production capacity of 30 MnTPA 364 kg/tonne of hot metal 100+ in India IMPROVEMENT IN COKE RATE AT KALINGANAGAR DATA ANALYTICS MODELS DEPLOYED TO ENHANCE OPERATIONAL EFFICIENCIES Maintain cost leadership

SECURITY OPERATIONS CENTRE, KALINGANAGAR | NOTE: ALL FIGURES ARE FOR FY 2019-20

46 47 TECHNOLOGY

Manufacturing Digitalisation

• Coke rate is an important operating 5.63 Gcal/tcs We have embarked on a long-term parameter for an integrated steel plant, ENERGY INTENSITY AT TSJ digital technology-led business

impacting cost, CO2 emission and energy transformation programme to drive intensity. During FY 2019-20, the coke rate 6.27 Gcal/tcs value creation. ENERGY INTENSITY AT TSK at our Kalinganagar plant improved from 399 kg/ tonne of hot metal to 364 kg/tonne. ₹4,298 crore SAVINGS THROUGH SHIKHAR25 • The Shikhar25 programme focuses on delivering superior product quality, NOTE: ALL FIGURES FOR FY 2019-20 optimising product mix, improving operational efficiency to lower carbon footprint, reducing waste generation and improving waste utilisation, while maximising energy and material efficiency.

PREDICTIVE ANALYTICS, JAMSHEDPUR

Key outcomes We have moved away from being capex- heavy to capex-light by opting for managed services to augment the IT layers of connectivity, infrastructure and cybersecurity.

DATA SECURITY ROAD AHEAD We have deployed a full-scale Security Operations • Be one of the top five technologically advanced Centre (SOC) to safeguard our IT and Operational global steel companies Technology (OT) data and applications, which • Become agile, intelligent and smart in all business processes and can analyse 30,000 events per second, resulting in enhance stakeholder experience while generating substantial proactive detection and defence from cyber threats. EBITDA improvement

PREDICTIVE ANALYTICS We have built and deployed over 100+ data analytics models to enhance operational efficiencies.

CUSTOMER INTERFACE Our customer-facing digital platforms, Aashiyana, DigECA and Compass, have resulted in additional revenue and improved customer satisfaction. DOWNSTREAM, KALINGANAGAR

48 49 Sustainability

Environment Ranked fourth in the Dow Jones Committing to Sustainability Indices for the global steel sector in 2019 Corporate Social Responsibility grow responsibly Reached >1.4 million lives People ~6.9% women in the workforce

NOTE: ALL FIGURES AS OF FY 2019-20

VISION 2025

<2 tCO2/tcs GHG emission intensity Zero effluent discharge Improving >2 million lives 25% diversity in workforce

FACILITATING YOUTH EDUCATION

50 51 SUSTAINABILITY

RAINWATER HARVESTING, NOAMUNDI IRON MINE Environment

At Tata Steel, we are in constant pursuit of minimising our environmental footprint and conserving the natural environment around us. Our philosophy of resource efficiency guides our investment decisions to monitor and mitigate the impact of our operations.

Emissions control Water management Rated ‘B’ in Climate Change and Water related disclosures in 2019

Tata Steel Bara Tertiary SINTER PLANT, JAMSHEDPUR Treatment Plant

CO2 EMISSION DUST AND GASEOUS EMISSIONS won the ‘Industrial

Tata Steel aims to achieve emission Highlights of our CO2 emission • Upgradation of air pollution control Water Project of intensity <2 tCO2/tcs by 2025. reduction projects: equipment and better environment We continue to implement Internal management in Jamshedpur, resulting • Carbon Capture and Use (CCU) at the Year 2019’ Carbon Pricing in our capital in 25% reduction in dust emission TERTIARY TREATMENT PLANT, JAMSHEDPUR TSJ and at the Ferro Chrome plant at expenditure appraisal process with the since FY 2016-17 Bamnipal, Odisha Award presented shadow price of carbon at US$15/tCO . 2 • Pollution control system operations • Specific consumption of freshwater at 3 • Assessment of renewable energy established at Kalinganagar resulting Jamshedpur was at an all-time best at 3.11 m /tcs by the Global Water potential across our locations in India SPECIFIC WATER in 56% reduction in dust emissions 2.8 m3/tcs, which is also an Indian steel CONSUMPTION • Maximisation of scrap utilisation in from the first year of operations industry benchmark Intelligence (GWI) steelmaking in FY 2016‑17 • Constructed 177 water harvesting structures largely for agricultural use

TSJ is the Indian benchmark for CO2 and partly for domestic use emission intensity at 2.29 tCO /tcs and 2.31 tCO 2e/tcs 0.38 kg/tcs 2 GHG EMISSION INTENSITY DUST EMISSION INTENSITY energy intensity at 5.67 GCal/tcs for steel production through the Blast Furnace Basic Oxygen Furnace route.

NOTE: ALL FIGURES ARE FOR FY 2019-20

52 53 SUSTAINABILITY

VISION 2025

<2 tCO2/tcs GHG emission intensity

GREEN BELTS IN JHARKHAND

Circular economy Biodiversity ROAD AHEAD • Continue investing in technologies to achieve the highest environmental performance standards • Sustain LD slag utilisation at 100% • Ensure no net loss of biodiversity at our mining locations

Steel is 100% recyclable and we are • Recovered metal from steel slag is 3 setting the bar in the industry with our utilised in the steelmaking process and 0.73 m /tcs EFFLUENT DISCHARGE steel recycling business that will help this scrap is used in steel melting shops, INTENSITY meet the growing demand for steel in a along with clean scrap and pooled iron. sustainable manner. It will formalise the • Tata Steel handles ~17 MnTPA of scrap market in India and help the country by-products, which is converted and sold 100% transition to a scrap-based steelmaking TOTAL SOLID WASTE across 20+ product categories every year. route for a more sustainable future. UTILISATION While Tata Steel’s current operations Therefore, we voluntarily partnered • A steel scrap processing unit is under in India are not located in any of with the International Union for commissioning at Rohtak, Haryana with a the identified biodiversity hotspots Conservation of Nature (IUCN) at our IMPACT ON SDGS 5,00,000 tonne per year capacity. or protected areas, our mining raw material locations in Jharkhand • Tata Steel has formed a Carbon Impact operations (being extractive in and Odisha for the implementation Centre to have a focused intervention to nature) impact the flora and fauna of biodiversity management plans. drive low carbon transition and initiatives in the region. and to achieve a goal of carbon neutrality in the long-term. 100% TOTAL RAW MATERIAL SITES COVERED UNDER THE BIODIVERSITY NOTE: ALL FIGURES ARE FOR FY 2019-20 MANAGEMENT PLAN

54 55 SUSTAINABILITY

EMPOWERING GIRLS TO PURSUE SPORTS Corporate Social Responsibility

Our inclusive programmes give us the opportunity to work with and help communities flourish with us. We have partnered with various organisations and will continue to deepen our engagement with communities.

Education Youth and sports Health, drinking water and sanitation

Thousand Schools Programme Residential camp schools, known Empower youth by training stakeholders Response to the COVID-19 pandemic Focus on water consumption and facilitates education for children, as Masti Ki Pathshala, cater to children and providing them access to unparalleled effluent discharge Have been spearheading a deep‑dive • Supporting migrant labour across through better teaching and who are either dropouts or from sports facilities and nurturing sporting into both the urban and rural India to connect with their families FY 2019-20 outcomes learning methods, while improving vulnerable backgrounds engaged in talent with career potential. communities in Jharkhand and Odisha besides • Minimising freshwater consumption school governance through School child labour. Outcomes since late March 2020 under a ten-point by upgradation of existing water Management Committees. • Provision of relief materials Saving Lost Childhood agenda, #CombatCovid-19 treatment and cooling tower systems Learning Beyond School is programme aims to reduce child labour • Creating market linkages for farmers to increase its efficiency and reusing 53,844 The agenda includes: a fully-community-managed in Jamshedpur. YOUTH ENGAGED THROUGH to ensure their crops get a fair price treated waste water from sewage education resource centre that DIFFERENT SPORTS ACTIVITIES • Provision of food and dry rations amid the lockdown Treatment Plant at Bara for industrial FY 2019-20 outcomes enables children to learn beyond with hygiene kits to vulnerable purpose • 700+ children covered from ~3,000 school hours and become familiar communities Prioritising maternal and • Undertaken river basin study to with digital technology. • 10 residential and non-residential • Enabling income-generation child health identify watershed-level risks at facilities in Jamshedpur FY 2019-20 outcomes opportunities Jamshedpur FY 2019-20 outcomes • ~2,00,000 children’s lives impacted • Co-ordinating volunteer assistance • Reached 58,620 mothers and ASPIRE TO ACHIEVE SPECIFIC WATER through the Thousand Schools 189 CHILDREN MAINSTREAMED UNDER to assuage the anxieties of citizens in children and enabled the reach of CONSUMPTION OF <3 M3 BY 2025 Programme MASTI KI PATHSHALA light of uncertainty ASHA system to their homes • Almost all blocks in Odisha are now • Sexual and reproductive health child labour-free zones knowledge to 15,800 adolescents 3,400 youth REACHED THROUGH 32 8,02,095 97,000 LIVES IMPACTED THROUGH OUR PEOPLE EDUCATED ON THE COMMUNITY-RUN EDUCATION INITATIVES DURING THE PANDEMIC HEALTH AND SURVIVAL OF RESOURCE CENTRES IN ODISHA WOMEN AND CHILDREN BEFORE, DURING AND AFTER CHILDBIRTH

56 57 SUSTAINABILITY

FACILITATING YOUTH EDUCATION

VISION 2025 Improving >2 million lives

Livelihood Tribal Identity ROAD AHEAD Technical education institutes Nursing programmes to help address Women Self-help Groups (SHGs) Samvaad serves as an international • Establish district models in improving access improve employability of the youth in the issues of poverty, unemployment created in our communities to help platform for discussion among to quality education and healthcare for infants, our community through professional and mass migration through nursing impart skills and empower them to run tribal communities. mothers and adolescents skilling courses. training. an enterprise. Outcomes • Continue to engage with tribal communities and Outcomes Outcomes Ek Pahal is a skilling initiative to nurture leadership potential among tribal youth constructively engage prison inmates 7 REGIONAL EDITIONS OF • Explore partnerships with governments, social by imparting in-house training 5.504 14,822 YOUTH ENROLLED WOMEN EMPOWERED THROUGH SAMVAAD HELD ACROSS INDIA sector organisations, academia, experts and other to enable them to secure gainful SHGs organisations in the national and international employment, both within and outside development space the jail. 2,733 2,115 tribals YOUTH TRAINED Improve agricultural productivity FROM 150 TRIBES OF 13 COUNTRIES • Adopt innovative ways of enhancing household Digital skills for rural children by investing in enhanced irrigation ATTENDED THE SAMVAAD 2019 income, community nutrition, completion of imparted through a classroom-on- facilities for the community, waste land EVENT basic education till matriculation by all; dealing wheels, Kaushalyan, using an 2,197 development and other allied activities. with endemic water deficiency, supporting YOUTH PLACED/SELF-EMPLOYED air-conditioned bus with workstations, the differently abled and enabling better self- Outcomes Preserve literary and cultural tribal an LED TV display as well as a trained governance among citizens at the Panchayat level heritage in partnership with 12 tribal computer faculty. 17,032 organisations. FARMERS BENEFITED THROUGH IMPACT ON SDGS Outcomes AGRICULTURE PRODUCTIVITY TECHNIQUES AND ALLIED ACTIVITIES 23,005 students OF JHARKHAND AND ODISHA STUDIED FIVE TRIBAL LANGUAGES IN 464 LANGUAGE CENTRES

58 59 SUSTAINABILITY

People 32,984 employees ON ROLL (INDIA) Investing in people, striving to be the employer of choice, while creating a safe and healthy 6.9% women IN THE WORKFORCE workplace constitute key priorities for Tata Steel. Industrial harmony of 90-plus years and a century- old trade union is a testament to our culture of ‘working together’.

Occupational Health and Safety (OHS) We have instituted policies that drive Elimination of safety incidents on Contractor safety risk management a culture of safety consciousness and road and rail to achieve safe, efficient to engage and empower the sizeable prevention across our entire operations. and smart transport contract workforce Our commitment is reflected in the Outcomes Outcomes successful ramp-up of the Kalinganagar • Three fatalities inside plant • 840+ high-risk job vendors assessed, facility while maintaining the best premises sustained between of which 246 upgraded to 4-star practices in health and safety. FY 2014-15 and FY 2018-19 rating and one to 5-star rating • 100% contractor employees trained and certified on various skills

Leadership capability building at Competency and capability building Process safety management to ensure all levels to achieve zero harm and to mitigate hazards and manage risks effective control of risks at high-hazard promote a safety-positive behaviour operations Outcomes Outcomes Outcomes • ~300 supervisors and senior associates ~44% from various Centre of Excellence (CoE) 1.2% REDUCTION IN HIGH POTENTIAL departments trained on Process Safety IMPROVEMENT IN HEALTH INDEX INCIDENTS Management • Improvement in Health Index from 12.62 in • 10 safety standards simplified, including FY 2018-19 to 12.70 in FY 2019-20 development of e-learning modules • ~7,600 employees trained to improve competency on first-aid and CPR • 15 hazard control projects implemented in TSJ and Jharia Division for reduction of exposure level

NOTE: ALL FIGURES ARE FOR FY 2018-19 FOSTERING DIVERSITY AND INCLUSION | NOTE: ALL FIGURES ARE FOR FY 2019-20

60 61 SUSTAINABILITY

Employee productivity and capability development Diversity and inclusion We have implemented the Employee MOSAIC, our marquee initiative, covers four aspects: Productivity Framework across our facilities Gender, Person with Disabilities (PwDs), LGBTQ+, and and we continue to identify redundancies other marginalised sections of the society. Through through programmes such as right skilling, this initiative, we are inducting female engineers in Sunhere Bhavishya Ki Yojna and a manufacturing, sensitising employees about diversity job-for-job scheme. We are making and inclusion, retaining and developing diverse talent, significant progress in simplifying the creating infrastructure to simplify lives of working parents 25% diversity VISION organisation structure, systems and and members of the workforce with special needs. 2025 in workforce communications. With the objective of enabling greater flexibility and We also have a Workforce Capability and empowering our people, we provide paternity leave for Capacity Framework to assess capability blue-collared workers, offer project-based and full-time needs across the workforce for skill and roles to women willing to return to work after a hiatus, ROAD AHEAD competence building, customer focus, facilitate satellite office operation for those with location organisational performance, innovation, constraints, provide menstrual leave without approval • Improve employee productivity health and safety, and environment and to those that require it, provide adoption leave to single • Be one of the best places for people business ethics. male and transgender employees, and so on. to work 803 tcs/employee/year • Zero fatality IN THE WORKFORCE 17.5% • 2% improvement in health index EMPLOYEES FROM THE AFFIRMATIVE year on year ACTION COMMUNITY ₹152.33 crore IMPACT ON SDGS INVESTED IN EMPLOYEE TRAINING AND DEVELOPMENT

NOTE: ALL FIGURES ARE FOR FY 2019-20

62 63 Directory of group companies

Name Holding Type Holding (%) Tata Steel Special Economic Zone Limited Subsidiary 100 Tata Steel Utilities and Infrastructure Services Limited (formerly Jamshedpur Utilities & Services Subsidiary 100 Company Limited) Kalimati Global Shared Services Limited Subsidiary 100 Rujuvalika Investments Limited Subsidiary 100 T S Alloys Limited Subsidiary 100 TSIL Energy Limited Subsidiary 100 Tata Steel Downstream Products Limited (formerly Tata Steel Processing and Subsidiary 100 Distribution Limited) The Tata Pigments Limited Subsidiary 100 Tata Steel Foundation Subsidiary 100 Jamshedpur Football and Sporting Private Limited Subsidiary 100 Bhubaneshwar Power Private Limited Subsidiary 100 Bamnipal Steel Limited Subsidiary 100 Bhushan Steel (Orissa) Limited Subsidiary 100 Bhushan Steel (South) Limited Subsidiary 100 Bhushan Steel (Madhya Bharat) Ltd. Subsidiary 100 The Indian Steel & Wire Products Ltd. Subsidiary 95.01 Subarnarekha Port Private Limited Subsidiary 50.41 Adityapur Toll Bridge Company Limited Subsidiary 88.50 The Tinplate Company of India Limited Subsidiary 74.96 Tata Steel BSL Limited Subsidiary 72.65 Haldia Water Management Limited Subsidiary 60 Tata Metaliks Limited Subsidiary 55.06 Limited Subsidiary 54.91 Tata Steel Long Products Limited (formerly Tata Sponge Iron Limited) Subsidiary 54.50 Creative Port Development Private Limited Subsidiary 51 Angul Energy Limited (formerly Bhushan Energy Limited) Associate 99.99 Bhushan Capital & Credit Services Private Limited Associate 42.58 Jawahar Credit & Holdings Private Limited Associate 39.65 TRF Limited Associate 34.11 Tata NYK Shipping (India) Private Limited Joint Venture 100 TKM Global Logistics Limited Joint Venture 100 Naba Diganta Water Management Limited Joint Venture 74 TM International Logistics Limited Joint Venture 51 Jamshedpur Continuous Annealing & Processing Company Private Limited Joint Venture 51 SEZ Adityapur Limited Joint Venture 51 Mjunction Services Limited Joint Venture 50 Tata BlueScope Steel Private Limited Joint Venture 50 Jamipol Limited Joint Venture 39.78 Himalaya Steel Mills Services Private Limited Joint Venture 26 Industrial Energy Limited Joint Venture 26 Medica TS Hospital Private Limited Joint Venture 26 Nicco Jubilee Park Limited Joint Venture 25.31 NEW PRODUCTS DEVELOPMENT, KALINGANAGAR NOTE: ALL FIGURES ARE AS ON MARCH 31, 2020.

64 Tata Steel Limited , 24 HOMI MODY STREET, MUMBAI - 400 001, INDIA www.tatasteel.com