Tata Steel bags 'Most Ethical Company Award' for fifth time

The steel giant has received the coveted recognition for the fifth time.

Speaking on the recognition, TV Narendran, Managing Director, Tata Steel India & SEA said: “It’s a great privilege for us at Tata Steel to have been recognised amongst the World’s Most Ethical Companies by the coveted Ethisphere Institute. The recognition achieved for the fifth time recognises the strong ethical practices and guidelines followed by the Company and the Tata Group."

Tata Steel has been recognised by Ethisphere Institute four times earlier, in 2012, 2013, 2015 and 2016. It is also one of the two companies from India to receive the honour, there underscoring its commitment to ethical business practices.

Congratulating Tata Steel on being recognised as a World’s Most Ethical Company, Ethisphere Institute’s Chief Executive Officer Timothy Erblich said: ‘Ethisphere recognises those companies who align principle with action, work tirelessly to make trust part of their corporate DNA and, in doing so, shape future industry standards by introducing tomorrow’s best practices in business today. Companies rely on Ethisphere to continually raise and measure the standards of corporate behaviour. Those that demonstrate in areas of citizenship, integrity and transparency create more value for their investors, customers, communities and employees, thus solidifying a sustainable business advantage.”