Financial Daily from THE HINDU group of publications
Saturday, Oct 30, 2004
Financial Daily from THE HINDU group of publications Saturday, Oct 30, 2004 |
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Society & Development Tata group develops human development index Our Bureau
Ms Angelina of South Africa with Mr Kishore Chaukar, Managing Director, Tata Industries, at an interaction with the media in Bangalore on Friday. Ms Angelina, who trained in jewellery making at Tatas' facilities in Titan Industries in Hosur, is part of a 20-women team from South Africa drawn from the disadvantaged sections of the society. This team is being provided with skills training programme by Tata Africa, Tatas' investment arm in South Africa, in association with the Governments of India and South Africa. — G.R.N. Somashekar
Bangalore , Oct. 29 THE Tata group in association with the United Nations Development Programme (UNDP) has developed an index for sustainable human development. The Chairman of the Tata Council of Community Initiatives (TCCI) and Managing Director of Tata Industries, Mr Kishore Chaukar, told newspersons on Friday that this index helps enhance the human achievement in a particular initiative. Mr Chaukar said 10 major Tata group companies have deployed this index. He said the TCCI has put together a structured programme to address the areas of social development. He said nearly 20 group companies have spent more than Rs 200 crore for various corporate social responsibility initiatives (CSR) during the last six to eight years. The Tata Council is a nodal agency for Tata group concerning all issues on CSR, social development and environmental activities, bio-diversity restoration and volunteering. There are around 10,400 volunteers across the group companies involved with these activities. PricewaterhouseCoopers has already stated that the Tata index can be dovetailed into the sustainability reporting process adding value not just to Tata companies and but also provide a model for inclusion in guidelines of the UN global reporting initiatives. Mr Chaukar said Tata group is working with the United Nations Declaration on the Global Compact, an initiative launched and spearheaded personally by Mr Kofi Annan, the UN Secretary-General. Under the Compact, business corporations are encouraged to directly join the United Nations initiatives to uphold and promulgate a set of core values in the domain of human rights, labour standards, ethical, environmental and anti-corruption practices. In India, 90 companies have enrolled for the Compact out of a total of over 1,500 corporations in the world. Out of these 27 are Tata companies, which have signed the Compact the first year. Mr Chaukar said that Tata group's software arm TCS has been working with the South African Government in the country's adult literacy programme, by providing a software that aids tribesman to become literate. Titan Industries recently at the request of the South African Government is conducting a six-month training in jewellery manufacturing skills to a batch of rural South African women workers at their Hosur plant. These trained workers will then return to their native land to start independent activities putting into use what they learnt from Titan.
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