ETHICAL PRACTICES BY TATA SONS Pvt Ltd.
TATA SONS Pvt Ltd.
As we all know about the TATA GROUP , its an Indian Multi National Conglomerate holding Company headquartered in Mumbai,Maharashtra. TATA SONS is the holding company of the TATA GROUP and holds the bulk of shareholding in the TATA GROUP of companies.
It was founded in the early 1868 , it is a 152 year old company.
Now let us talk about the Ethics, so what really are Ethics????
Ethics is concerned with what is good for individuals and society and is also described as moral philosophy. The term is derived from the Greek word ethos which can mean custom, habit, character or disposition.
TATA GROUP is recognized as one of the most Ethical Companies for 2013 by the Ethisphere Institute.
ETHICAL COMPANIES SHOULD NORMALLY FOLLOW THE FOLLOWING PRINCIPLES
- Maximizing the sustainability of products and services throughout their life cycle
- Enriching the standard of life of employees and maximizing their potential
- Inclusive growth through stake holders engagement
- Business should respect and promote human rights
- Protecting the environment
- Policy advocacy
- Inclusive growth and equitable development
- Value to customers
- Not indulging in corrupt practices
Ethical Steps taken by the TATA GROUP-
- Use of balanced Male and Female employees in the Organisation.
- Provide Equal opportunities to all its employees and all Qualified applicants for employment.
- Committed to benefit the Economic development of the Country in which it operates.
- Be committed to and support the Constitution and governance system of the country in which it operates.
- A Tata Company shall strive to provide a safe , healthy, clean and ergonomic working enviroment for its people.
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