Tata Group Sustainability Strategy

[pic] Tata Group Sustainability Strategy [pic] Mathew Ashley Bill OBrien Rachel Reiter Kevin Richards April 12, 2010 EXECUTIVE SUMMARY Our consultancy recommends that Tata Group (Tata): polish its internal definition of sustainability, Create a separate ancillary to coordinate, manage, communicate, and expand sustainability efforts across every business unit, and Establish a market-specific global schema tailored to the unique challenges and opportunities of each boorish and business. These changes volition allow Tata to optimally position its economic, kindly, and environmental sustainability efforts patch addressing the companys growing global presence, the evolving definitions of sustainability, and the increasing pick up from stakeholders for measurement and transp arency. Internally, the company will develop a telegraphic definition of sustainability and a Sustainability Credo to guide corporate introduction and evaluation efforts.

A key element of the ten year sustainability strategy recommendation is the creation of Tata Sustainable Solutions (TSS), a wholly-owned ancillary that will allow the company to centralize disparate initiatives and stomach role clarity, financial and measurement transparency for all Tata companies. patch the structure of TSS will allow the company to bring forward additional capital and expand its sustainability efforts, TSS will be closely integrated with every Tata company, ensuring that the culture of corporate social responsibility continues and that the unique perspective and innovations from each company are nurtured and strengthened. This subsidiary will allow Tata to formalize specific initiatives and goals, position a formal framework in place for leaders and organizational continuity. The organizational structure and operating processes of TSS will be outlined in detail in our recommendations. The sustainability strategy includes a number of voluntary initiatives tailored to the... If you want to give birth a full essay, order it on our website: Orderessay

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