Tata Steel recognised among India’s top 10 most attractive employer brands in India by Randstad Employer Brand Research (REBR)

Mumbai, July 28, 2022

~ Features in the Top 10 companies for its people first approach and pioneering initiatives on Diversity Equity & Inclusion and Agile Working Model ~

~Tata Steel ranked 8th place in the REBR 2022 awards for 'Top employers to work for in India' ~

Tata Steel has been recognised amongst India's top 10 most attractive employer brands in India by Randstad Employer Brand Research (REBR). This recognition, received for the second time, highlights Company's sustained focus on fostering a culture of high-trust, integrity, growth, and care for the employees.

The research globally captures the views of over 1,63,000 respondents (general public, aged 18-65) from 5,944 companies in 31 countries. As per the survey, the Indian workforce considers work-life balance (63 per cent) as the most important driver when choosing an employer. This is followed by attractive salary and benefits (60 per cent) and a good reputation of the organisation (60 per cent).

Tata Steel has introduced several path-breaking policies, practices, and initiatives for various segments of the workforce like onboarding of Transgender persons and Women in core mining operations. The Company has been constantly innovating and pioneering people practices in the realms of hiring, engagement, diversity & inclusion, rewards & recognition, and performance management. Tata Steel has implemented trendsetting policies like extending benefits to LGBTQ+ partners, Agile Working Models and Extended Maternity Leave to create an enabling workplace for all diverse groups.

Atrayee Sanyal, Vice President, Human Resource Management, TataSteel, said: "We are delighted to feature among India's top 10 most attractive employer brands in India by Randstad Employer Brand Research. At Tata Steel, we strongly believe in fostering teamwork, nurturing talent, and enhancing leadership capability. Our policies and initiatives centred on diversity and inclusion, agile workforce, and many others are guided by the philosophy of putting people first, always. We will continue to prioritise safety, health, and well-being of our employees and will continue to support them through innovative HR policies."

Over the last 115+ years, Tata Steel has emerged as one of the most employee-friendly companies in the world and is known for creating industry standards in the field of human resources. The Company has been a pioneer in employee welfare schemes and community initiatives, even before the legislation mandated them. A few of these include the 8-hour workday, Leave with Pay, Workers' Provident Fund Scheme, all of which were adopted by the International Labour Organisation and enacted by the Law in India. Tata Steel's people first approach continues to translate to pioneering initiatives and milestones including decades of industrial harmony, 5-day work week, gender neutral leaves, menstrual leave, benchmark social security schemes, equal benefits for LGBTQ+ and more.

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of US $ 32.83 billion in the financial year ending March 31, 2022.

A Great Place to Work-Certified^TM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. Tata Steel has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteel^TM, worldsteel's Climate Action Programme and World Economic Forum's Global Parity Alliance, Tata Steel has won several awards and recognitions including the World Economic Forum's Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants, and Prime Minister's Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India's most valuable Metals & Mining brand by Brand Finance, featured amongst CII Top 25 innovative Indian Companies in 2021 and top 10 sustainable organisations of India Hurun Research Institute in the 2021 Capri Global Capital Hurun India Impact 50, received Steel Sustainability Champion recognition from worldsteel for five years in a row, 'Most Ethical Company' award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk - Metals & Mining Sector recognition at The India Risk Management Awards for the sixth consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

To know more, visit www.tatasteel.comand WeAlsoMakeTomorrow

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Disclaimer:

Statements in this press release describing the Company's performance may be "forward looking statements" within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

For media enquiries contact:

Sarvesh Kumar

Chief, Corporate Communications - Tata Steel

E-mail: [email protected]

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