Steel tata was recognized as a “Gold” Employer by the 2021 IWEI (India Workplace Equality Index) Top Employers for leading the way in LGBT + inclusion. The “Gold” standard means that employers have successfully integrated LGBT + inclusion into their policies, hiring practices, external communication, demonstrating a long-term and deep commitment to LGBT + inclusion.
Atrayee Sanyal, HRM Vice-President, Steel tata, said: “We are honored to receive this recognition and to recognize the contribution of each stakeholder on this journey. Steel tata has always invested in pioneering initiatives to create a diverse and inclusive culture. We have a target of 25% diversity by 2025 and we are actively taking steps to create an inclusive environment for our LGBT + employees, such as equal benefits for LGBT + partners, healthcare and gender transition support. for transgender employees, gender neutral parental leave, etc. near future, Steel tata will work proactively to attract more talent from the LGBT + community and co-create the way forward. When developing the policies, we worked closely with the community and all stakeholders. We are constantly evaluating all of our processes, policies, digital, physical and legal infrastructure with a clear goal to anchor inclusion at every step. ‘
IWEI is india the first comprehensive benchmarking tool for employers to measure their progress in the inclusion of lesbians, gays, bi and trans (LGBT +) in the workplace. The index measures nine areas: policies and benefits, employee lifecycle, employee network group, allies and role models, senior leadership, oversight, procurement, community engagement and overtime.
This is the second annual list of IWEI’s Top Employers, with 72 organizations. In total, 26 firms were recognized in the gold category, 18 in the silver category and 13 in the bronze category.
Steel tata has consciously worked to overcome obstacles and has demonstrated a commitment to creating an equal and inclusive workplace for the LGBT + workforce through pioneering initiatives such as Equal Benefits for LGBT + Partners that go beyond from simple medical benefit coverage and include benefits such as commonalities, honeymoon package, healthcare and gender transition support for LGBT + employees, gender-neutral parental leave, structured interventions to actively seek opportunities for LGBT + talents such as recruitment campaign for transgender interns in West Bokaro, participation in RISE – asia largest LGBT + job fair, interventions to fight prejudice and break gender stereotypes for employees and supplier partners, Wings – the company’s employee resource group, introduction of Indradhanush – the space secure online for the workforce and LGBT + allies and more.
Steel tata has actively taken steps to engage with the LGBT + community at the local level through its CSR interventions such as campaigns to enable them to have their own identity through a photo ID, bringing relief to the community during lockdown to ensure their well-being as part of the #Thinking for Food initiative.
On Steel tata
Steel tata The group is one of the world’s leading steel companies with an annual crude steel capacity of 33 million tonnes per year. It is one of the most geographically diverse steel producers in the world, with operations and commercial presence across the globe. The group achieved a consolidated turnover of US $ 21.06 billion in the closed fiscal year March 31, 2021.
A Nice place to the Work-CertifiedTM organization, Tata Steel Ltd., along with its subsidiaries, partners and joint ventures, is spread across five continents with an employee base of over 65,000.
Steel tata has been part of the DJSI Emerging Markets Index since 2012 and has been regularly ranked among the top 5 steel companies in the DJSI Corporate Sustainability Assessment since 2016. In addition to being a member of ResponsibleSteelTM and the worldsteel climate action program, Steel tata has won several awards and distinctions, including the World Economic Forum World flagship recognition for his Jamshedpur, Kalinganagar and IJmuiden Plants, and Prime Minister’s Trophy for the most successful integrated steel plant for 2016-17. The Company, classified as india Most Valuable Metals and Mining Brand by Brand Finance, listed among CII’s Top 25 Innovative Indian Companies in 2020, received an “A-” (Leadership Group) rating from CDP for its disclosure on climate change and supply chain disclosure, worldsteel’s 2020 Steel Sustainability Champion recognition, 2021 ‘Most Ethical Company’ award Ethisphère Institute, Best Risk Management Framework & Systems Award (2020) from CNBC TV-18, and Award for Excellence in Financial Reporting FY20 from ICAI, among many others.
The statements contained 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 in the Company’s operations include, among others, economic conditions affecting demand / supply and price conditions in the domestic and foreign markets in which the Company operates, changes in or due to the environment, government regulations, laws, statutes, court decisions and / or other incidental factors.