TATA Steel's CSR head to speak at The Best Corporate Citizen Award
2012
India's corporate giant TATA Steel's Head of Corporate Social
Responsibility (CSR) Biren Bhuta, is scheduled to deliver the keynote
address at the upcoming Best Corporate Citizen Award 2012 organized by
the Ceylon Chamber of Commerce.
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Biren Bhuta |
The Best Corporate Citizen Award would be held for the 9th
consecutive year on November 12, 2012, at the Cinnamon Grand, Colombo.
Commenced in 2004 as an award scheme to recognize Corporate Social
Responsibility over the years, the award has grown, adding a number of
new categories and promoting Corporate Social Responsibility activities
and sustainable business practices amongst the local businesses.
According to Jamsetji Tata, Founder of Tata Steel, "In a free
enterprise, the community is not just another stakeholder, but is, in
fact, the very purpose of its existence." Founded on this philosophy,
Tata Steel's CSR policy focuses on social sustainability, healthcare
initiatives, environmental sustainability and inclusive growth.
According to the company's Vice Chairman B. Muthuraman, the company
"believes that the primary purpose of a business was to improve the
quality of life of people. Tata Steel will volunteer its resources, to
the extent, that it could reasonably afford, to sustain and improve a
healthy and prosperous environment and to improve the quality of life of
the people of the areas in which it operates."
As such, Tata Steel spends 5-7% of its profit after tax on CSR
initiatives, such as environmental sustainability and social
development.
Leading TATA Steel's CSR, the company's CSR head, Biren Bhuta holds
vast experience and valuable insights on Corporate Social
Responsibility.The company works in partnership with the Government,
national and international development organisations, local NGOs and the
community to ensure sustainable development. His experiences and
thoughts would provide inspiration and insight to local corporate
leaders on sustainable business and CSR.
Some of the main interventions he has made, include sustainable
livelihood, health, education, environment and ethnicity. Bhuta started
that his career as a corporate banker with Standard Chartered Bank and
moved on to television journalism. He was a reporter and a presenter
with NDTV.
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