~ Secured leadership position for the fourth time for advancing climate action across its value chain ~

Bengaluru : Tata Steel has been recognised as a leader in the CDP 2024 Supplier Engagement Assessment (SEA), securing the highest rating (‘A’) for the fourth time in the last six years. This recognition reinforces the Company’s proactive and comprehensive approach in driving climate action across its value chain.

The Supplier Engagement Assessment (SEA) is an initiative by CDP that measures the efforts of companies to engage with their suppliers on climate change. The SEA assesses companies on their performance on governance, targets, Scope 3 emissions, and value chain engagement in the CDP 2024 corporate environmental disclosure.

Commenting on the achievement, Rajiv Mangal, Vice President – Safety, Health & Sustainability, Tata Steel, said: “Ensuring that all partners in the value chain are aligned with our Net Zero journey is vital to our ongoing efforts towards lowering the Scope 3 emissions. Further, new global challenges such as carbon taxes levied in certain export markets also makes it imperative that we address the emission challenge at every level. The ‘A’ rating by CDP not only validates our climate change efforts, but also motivates us to do more.”

Peeyush Gupta, Vice President – TQM, Group Strategic Procurement and Supply Chain, Tata Steel, added: “Steel is among the few sectors that face hard to abate greenhouse gas emissions and thus demand the involvement of several downstream suppliers, contractors and partners. Therefore, for climate action to be comprehensively effective, it must involve all. This recognition is a testament to our efforts in decarbonising the Indian steel sector.”

Tata Steel operates a fully integrated value chain spanning mining to the delivery of finished steel products. This extensive network includes suppliers, ports, manufacturing units, stockyards, processing facilities, logistics partners, and end customers. With a growing emphasis on reducing its ecological footprint and mitigating climate risks, Tata Steel has prioritised the development of a Green Supply Chain. The Company continues to implement sustainable practices such as third-party logistics, modern warehousing, energy-efficient and eco-friendly ships, coastal shipping, and digital tools to streamline cargo and material flows.

To align its suppliers with sustainability goals, Tata Steel regularly engages them through environmental assessments, sustainability screenings, and best practice sharing. It also collaborates with customers on joint initiatives, provides life cycle information of products, and recognises supply chain partners for their sustainability efforts. The Company actively contributes to global initiatives like the Sea Cargo Charter to further its decarbonisation agenda.