Tata Chemicals has been conferred with Dun & Bradstreet's ESG performance Award in the Manufacturing category at the virtually held 'India's Top 500 Companies 2021' Awards.

This year's theme for the D&B Awards was "Laying the Foundations for an ESG-Ready Corporate India," underlining the growing importance of adherence to Environmental Social and Governance (ESG) norms as a measure of long-term value and business resiliency.

As a global chemical manufacturer, Tata Chemicals has managed to show leadership by creating dedicated investment to appropriately balance environmental targets and long-term sustainable business growth coupled with digital adoption to enhance operations. The unprecedented health crisis triggered by the Covid-19 pandemic posed a significant threat to human life and impacted livelihood. The company has continued to develop its stakeholder engagement and sustainability capacity at corporate and manufacturing levels while remaining committed to the science-based targets initiative to reduce CO2 emissions.

As a responsible corporate citizen, Tata Chemicals has, over the years, invested in processes for extensive stakeholder engagement and sustainability that form the very basis of the company's business growth aspirations in line with the commitments to corporate responsibility.

Nandakumar S Tirumalai, chief financial officer, Tata Chemicals, said, "We are committed to supporting the society through science-led interventions with a human touch. As a responsible company, care for the environment and community has been at the core of everything we do. We are thankful to have received this recognition from Dun & Bradstreet. This award reaffirms our position as a leading global manufacturing company focused on augmenting our vision of sustainability aligned to the environmental, social, and governance frameworks."

For more than two decades, Dun & Bradstreet has been compiling an annual list of India's Top 500 companies that have grown faster than the Indian economy over the past 20 years and have contributed nearly 20% of India's GDP, 30% of India's exports, and almost 33% of India's tax revenues.