A Tata Company shall fully strive for establishment and support
of a competitive open market economy in India and abroad. It shall not engage in
activities, which will
make unfair and misleading statements, generate
or support monopolies, dominant market positions, cartels and other unfair trade
practices. It shall not make unfair and misleading statements about competitor’s
products and services
EQUAL OPPORTUNITIES EMPLOYER
A Tata Company shall provide equal opportunities to all its
employees and all qualified applicants for employment without any
kind of discrimination. An employee will be treated with dignity and to maintain a work
environment free from any kind of harassment. Employee policies will ensure
providing equal opportunity in all matters to those eligible and decisions are
merit-based.
GIFTS AND DONATIONS
A Tata Company and its employees, except for nominal gift, shall
neither receive nor offer directly or indirectly any illegal payments, gifts, donations
etc.
GOVT.AGENCIES
No Company funds nor property shall be given as donation to
any Govt. agencies for any favour.
POLITICAL NON- ALIGNMENT
No specific political party, candidate or campaign should be
supported directly or indirectly.
HEALTH SAFETY AND ENVIRONMENT
A Tata Company shall strive to provide a safe and healthy
environment and comply all regulations regarding environment protection.
QUALITY OF PRODUCTS AND SERVICES
A Tata Company shall be committed to supply goods and services
of the highest quality standard backed by sufficient after sale service to ensure
total customers’ satisfaction
CORPORATE CITIZENSHIP
A Tata Company shall be committed to be a good corporate citizen
not only in compliance with all relevant laws and regulations but also by improving the
quality of life of the people by initiating community initiatives in the field of health,
family welfare, water management, vocational training, literacy programme etc.
CO-OPERATION OF TATA COMPANIES
A Tata Company shall co-operate with another Tata Company by
sharing physical, human and management resources without affecting its business. It will
give preference to another Tata Company in procurement of product and services.
PUBLIC REPRESENTATION OF THE COMPANY AND THE GROUP
In all public appearance to disclose Company and business
information to public constituencies like media, financial community, shareholders,
employees etc. a Tata Company or Group will only be represented by authorised Directors or
employees
THIRD PARTY REPRESENTATION
Parties like consultants, agents, sales representatives,
contractors, suppliers etc. of a Tata Company shall not be authorised to represent that
Tata Company if their business conduce and ethics are known to be inconsistent with the
Code.
USE OF THE TATA BRAND
The use of Tata Brand is defined and regulated by the Tata Brand
Equity & Business Promotion agreement which will govern its use.
GROUP POLICIES
A Tata Company shall recommend to its Board of Directors the
adoption of policies and guidelines periodically formulated by Tata Sons.
SHAREHOLDERS
A Tata Company shall be committed to enhance shareholder value
and comply with all laws and regulations that govern shareholder’s rights. It shall
inform them about all relevant aspects of the Company’s business in accordance with
respective regulations and agreements.
ETHICAL CONDUCT
Every employee of a Tata Company shall deal with professionalism,
honesty, integrity, as well as high moral and ethical standards such conducts shall be
fair and transparent and be perceived to be as such by third parties.
Every employee shall be responsible for the implementation of and
compliance with the Code.
Failure to adhere to the Code could attract the most severe
consequence including termination of employment.
REGULATORY COMPLIANCE
Every employee shall comply with all applicable laws and
regulations in all territories in which he operates, and the standard of the Code shall
prevail if standard of set out laws in that territory are below that of the Code.
CONCURRENT EMPLOYMENT
An employee of a Tata Company shall not, without prior permission
of the M.D.,accept employment or position of responsibility with any other company,
nor provide free-lance service.
CONFLICT OF INTEREST
An employee of a Tata Company or his close relatives shall not
engage in any business, relationship or activity, which might detrimentally conflict with
the interest of his Company or Group. In such a situation the employee concern shall make
a disclosure by giving a declaration to the Management. Failure to make a disclosure will
expose the concerned employee to severe disciplinary action.
securities transactions and confidential information
An employee of a Tata company or his immediate family shall not
derive any benefit or assist others to derive any benefit from hie access to and
possession of information about the company which are insider information.
PROTECTING COMPANY ASSETS
All tangible and intangible assets of a Tata Company are to be
protected.
CITIZENSHIP
An employee of a Tata Company is free to persue an active role in
civic or political affairs in his private life as long as it does not affect adversely the
business interest of the company or the group.
INTEGRITY OF DATA FURNISHED
Every employee of a Tata Company shall ensure, at all times, the
integrity of data furnished by him.
REPORTING CONCERN
Every employee of a Tata Company shall promptly report to the
Management any actual or possible violation of the Code.
OUR VISION
WE AT TATA REFRACTORIES SHALL BE TECHNOLOGY AND MARKET LEADERS ON
THE GLOBAL SCENE PROVIDING TOTAL CUSTOMER SATISFACTION AND EXCELLENT SHAREHOLDER VALUE.
OUR MISSION
IN CONFORMITY WITH THE VALUES OF THE TATA HOUSE, IT SHALL BE THE
MISSION OF TATA REFRACTORIES TO BE A HIGH PERFORMANCE TECHNOLOGY DRIVEN ORGANISATION
COMMITTED TO ALL STAKEHOLDERS THROUGH
DELIVERING VALUE TO CUSTOMERS
BY ENSURING THAT THEIR NEEDS IN TERMS OF PRODUCT QUALITY, COMMITTED DELIVERY, FAIR PRICE
AND NEW PRODUCT DEVELOPMENT ARE ALWAYS MET.
MAXIMISING SHAREHOLDER VALUE IN
TERMS OF GOOD AND STEADY PROFITABILITY, BUSINESS GROWTH, R&D EFFORT, TECHNOLOGY
UPGRADATION, HIGH MARKET SHARE AND PRODUCTIVITY.
BEING A MODEL EMPLOYER WITH
RESPECT TO SAFETY, HEALTHCARE AND CONTINUOUS DEVELOPMENT OF HUMAN RESOURCES ALONG WITH
EQUAL OPPORTUNITIES OF GROWTH TO ALL.
RESPONSIBLE CORPORATE
CITIZENSHIP, PROTECTING AND UPGRADING THE ENVIRONMENT AND GENERALLY IMPROVING THE QUALITY
OF LIFE OF THE COMMUNITY.
FORGING PARTNERSHIP WITH
SUPPLIERS IN ORDER TO ENSURE LONG TERM WIN – WIN ASSOCIATION.
