31.8 C
Delhi
Wednesday, September 10, 2025

Tata Steel recognised as Global DEI Lighthouse 2023 by WEF

Date:

Share post:

Donate-GC-Razorpay

Kolkata: Tata Steel has been recognised as Global Diversity Equity & Inclusion (DEI) Lighthouse 2023 by World Economic Forum (WEF).

The Company’s efforts towards improving gender diversity at the workplace have been chosen as one of the eight case studies and have been featured in the Global Parity Alliance: Diversity, Equity and Inclusion Lighthouses 2023 report published to coincide with the World Economic Forum 2023 held in Davos, Switzerland between 16 and 20 January, according to a media statement here on Friday.

The insights report builds on the work of the Global Parity Alliance – a cross-industry group committed to advancing DEI around the world – and the associated DEI Lighthouse Programme launched to identify proven, effective DEI initiatives from companies across industries and geographies, organised by WEF’s centre for the New Economy and Society in collaboration with McKinsey and Company. –

T. V. Narendran, CEO & MD, Tata Steel, said, “Developing and nurturing a diverse workforce in the manufacturing sector, particularly in the metals & mining sector, is filled with some unique set of challenges including the cultural and social barriers that we face here. What we have accomplished in terms of diversity in workforce is an outcome of a whole range of systemic initiatives implemented through very effective programmes and solutions. It is also important to acknowledge the role played by our employees and especially the union members who enthusiastically participated and contributed immensely to this ongoing journey.’

The ‘Lighthouse Report’ while highlighting the approach and impact of Tata Steel’s efforts in improving diversity and inclusion (D&I) in the company said: “Tata Steel’s case for change centered around the conviction that in order to achieve their aspiration – to be the most valuable steel organisation in the world with a “future ready” and “pioneering” workforce – they needed to invest in culture as a key enabler. Tata Steel’s leaders identified DEI as a central pillar of that culture because of the importance of diversity and inclusion in fueling innovation.”

The launch of the ‘25 by 25’ programme in 2019 aspires to have 25% diverse workforce in Tata Steel by 2025.

Related articles

Israel and India’s Finance Ministers Sign Groundbreaking Investment Agreement

A new Bilateral Investment Agreement, signed by Israel’s Minister of Finance, Bezalel Smotrich, and India's Finance Minister will...

Nepal’s Crisis is a Deep State Playbook – And India Cannot Afford to Sleep

Nepal is burning, and it would be naïve to believe that the flames are entirely of its own...

Navarro’s “Vampire” Slur and the Pushback of a New India

It began with a single remark. Peter Navarro, once Donald Trump’s trade adviser and now a loud voice...

Terror in Jerusalem: The Ramot Junction Attack and the Cost of Hate

Jerusalem, a city that has withstood the ebb and flow of empires, faiths, and civilizations, was once again...