Jamshedpur, Oct 13: Tata Steel has been bestowed with the ‘Golden Peacock Global Award for Sustainability’ (GPGAS) for the year 2015 by the Institute of Directors, India. The award was given at the Golden Peacock Awards Nite in London, United Kingdom.
The award was received by Bimlendra Jha, Executive Chairman, Longs Steel UK Limited and Executive Director, Group Strategy and European Supply Chain, Tata Steel Europe from Rt Hon Sajid Javid MP, The Secretary of State for Business, Innovation and Skills, Government of UK who was present as the Chief Guest at the ceremony.
This year, the title was awarded by the Expert Evaluation Committee of Golden Peacock Awards, under the Chairmanship of Justice M N Venkatachaliah, former Chief Justice, Supreme Court of India.
On receiving the award, T V Narendran, Managing Director, Tata Steel India & South-East Asia, said, “We take pride that our efforts at ensuring operational sustainability and community engagement have been acknowledged. As we align ourselves to the changing global scenario, we continue to uphold the values of our founding fathers. It is always our endeavour to create value for all our stakeholders and grow through ethical business means.”
The entries for this award were reviewed independently by assessors based on an exhaustive set of parameters for a total score card of 1000 marks. The cut-off applied on each application is 80 per cent. Entries occupying top positions are recommended for consideration of the Jury.
The winning of this coveted award spurs the Company’s drive to excellence. Tata Steel was invited to showcase its sustainability measures to the global audience on the occasion.
In 2015, Tata Steel moves ahead with its tryst with Golden Peacock Awards, having bagged the Golden Peacock National Training Award in 2014.