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Board of Directors
Tata Code of Conduct
Tata Code of Conduct
Code of Conduct for Non-Executive Directors
National Interest
The Tata Group is committed to benefit the economic development of the countries in which it operates. No Tata company shall undertake any project or activity to the detriment of the wider interests of the communities in which it operates.. [more]
Financial reporting and records
A Tata company shall prepare and maintain its accounts fairly and accurately in accordance with the accounting and financial reporting standards which represent the generally accepted guidelines, principles, standards, laws and regulations of the country in which the company conducts its business affairs.. [more]
A Tata company shall fully support the development and operation of competitive open markets and shall promote the liberalisation of trade and investment in each country and market it operates in.. [more]
Equal - Opportunities Employers
A Tata company shall provide equal opportunities to all its employees and all qualified applicants for employment without regard to their race, caste, religion, colour, ancestry, marital status, sex, age, nationality, disability and veteran status.. [more]
Gifts and Donations
A Tata company and its employees shall neither receive nor offer or make, directly or indirectly, any illegal payments, remuneration, gifts, donations, or comparable benefits, which are intended to or perceived to obtain business or un-competitive favours for the conduct of its business and shall participate in efforts to eliminate such forms of bribery, fraud and corruption.. [more]
Government Agencies
A Tata company and its employees shall not offer or give any company funds or property as donation to any government agencies or their representatives, directly or through intermediaries, in order to obtain any favourable performance of official duties.. [more]
Political Non - Alignment
A Tata company shall be committed to and support functioning democratic constitutions and systems with transparent and fair electoral systems.. [more]
Health, Safety and Environment
A Tata company shall strive to provide a safe, healthy and ergonomic working environment for its people. It shall comply with all health, safety and environmental regulations in each jurisdiction, in which it operates.. [more]
Quality of Products & Services
A Tata company shall be committed to supply goods and services of the highest quality standards backed by efficient after-sales service consistent with the requirements of customers to ensure their total satisfaction.. [more]
Corporate Citizenship
A Tata company shall be committed to be a good corporate citizen not only in compliance with all relevant laws and regulations but also by actively assisting in the improvement of the quality of life of the people in the communities, in which it operates with the objective of making them self reliant.. [more]
Co-operation of Tata Companies
A Tata company shall cooperate with other Tata companies by sharing knowledge, physical, human and management resources as long as this does not adversely affect its business interests and shareholder value.. [more]
Public Representation of the Company and the group
The Tata Group honours the information requirements of the public and its stakeholders. In all its public appearance with respect to disclosing company and business information to public constituencies such as the media, the financial community, employees and shareholders.. [more]
Third Party Representation
Parties which have business dealings with the Tata Group but are not members of the Group such as consultants, agents, sales representatives, distributors, contractors, suppliers, etc shall not be authorised to represent a Tata company, if their business conduct and ethics are known to be inconsistent with the Tata code. The third parties are expected to abide by the code in their interaction with the company.
Use of the Tata Brand
The use of the Tata name and trademark owned by Tata Sons shall be governed by manuals, codes and agreements to be issued by Tata Sons. The use of the Tata brand is defined in and regulated by the Tata Brand Equity and Business Promotion Agreement. No third party is expected to use the Tata brand to further its interests without specific authorization.
Group Policies
A Tata company shall recommend to its board of directors the adoption of policies and guidelines periodically formulated by Tata Sons.
A Tata company shall be committed to enhance shareholder value and comply with all regulations and laws that govern shareholders' rights.. [more]
Ethical Conduct
Every employee of a Tata company, which shall include whole-time directors and the chief executive, shall deal on behalf of the company with professionalism, honesty, integrity as well as high moral and ethical standards.. [more]
Regulatory Compliance
Every employee of a Tata company, in his / her business conduct, shall comply with all applicable laws and regulations, both in letter and in spirit, in all territories in which he or she operates. If the ethical and professional standards set out in the applicable laws and regulations fall short of the code, then the standards of the code shall prevail.
Concurrent Employment
An employee of a Tata company shall not, without the prior approval of the chief executive of the company accept employment or a position of responsibility (such as a consultant or a director) with any other company, nor provide "freelance" services to anyone.. [more]
Conflict of Interest
An employee or director of a Tata company shall not accept a position of power / responsibility / board nomination in any other non Tata company or not-for-profit organisation.. [more]
Securities Transactions and Confidential Information
An employee of a Tata company and his / her immediate family shall not derive any benefit or assist others to derive any benefit from the access to and possession of information about the company, Group or client which is not in the public domain and thus constitutes insider information.. [more]
Protecting Company Assets
The assets of a Tata company should not be misused but employed primarily for the purpose of conducting the business for which they are duly authorised.. [more]
An employee of a Tata company shall in his / her private life be free to pursue an active role in civic or political affairs as long as it does not adversely affect the business or interests of the company or the Group.
Integrity of Data Furnished
Every employee of a Tata company shall ensure at all times, the integrity of data or information furnished by him to the company.
Reporting Concerns
Every employee of a Tata company shall promptly report to the management when she / he becomes aware of any actual or possible violation of the code or an event of misconduct, act of misdemeanour or act not in company's interest, which could affect the business or reputation of his / her or any other Tata company.. [more]
Contact : Tata Power Trading Co. Ltd., B12/13, 2nd Floor, Shatabdi Bhavan, Sector 4, Noida, Uttar Pradesh- 201301, India.
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