Business Ethics Assurance 2007

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Presentation transcript:

Business Ethics Assurance 2007 Tata Power

How Do We View The Numbers? Assurance Perception Based Assessment A Evaluation Based

Questionnaire Design The Questionnaires was made more holistic to even cover aspects like Environment and Business Ethics Implementation Wider coverage of employees CSR combined with MBE The coverage for each of the modules was to the following: MBE Officers and above Workers/Associates Suppliers

Perspective of the Survey Leadership Engagement Corporate Social Responsibility Environment for Ethics MBE Systems & Processes Awareness & Training Ethics Counselor's Role

TATA Group Update 5

Overall Response Rate of the Tata Group % Overall Scores (Associates) (Suppliers) (MBE)

TATA Group Assurance Scores % Overall Scores (Top Box) (Bottom Box)

500+, 500- & Others (Top Box) (Bottom Box)

Overall MBE Results Tata Power

Sample Size Achieved: Tata Power No. of employees Suppliers Managers

Trend of Assurance Scores Overall % Overall Scores (Top Box) (Bottom Box)

Trend of Assurance Scores Perspective Wise Overall (5 Point Scale)

Corporate Social Responsibility Top Box (5 Point Scale) Highest Overall Score for Tata 93 90 91 92 86 Tata Power Overall Score (78%) Tata Overall Score (76%)

Perspective Wise

Leadership Engagement Top Box (5 Point Scale) Highest Overall Score for Tata 94 94 94 92 93 Tata Power Overall Score (82%) Tata Overall Score (81%)

Environment for Ethics Top Box (5 Point Scale) Highest Overall Score for Tata 92 94 92 88 88 89 Tata Overall Score (76%) Tata Power Overall Score (73%)

Highest Overall Score for Tata Tata Power Overall Score Awareness & Training Top Box (5 Point Scale) Highest Overall Score for Tata 92 94 Tata Power Overall Score (86%) Tata Overall Score (83%)

Ethics Counselor's Role Top Box (5 Point Scale) Highest Overall Score for Tata 96 89 Tata Power Overall Score (77%) Tata Overall Score (77%)

Highest Overall Score for Tata Tata Power Overall Score Systems & Processes Top Box (5 Point Scale) Highest Overall Score for Tata 88 87 93 87 89 Tata Overall Score (77%) Tata Power Overall Score (75%)

Summary

Summary MBE Calculation Based on the top box average (10 points +/- ) STRENGTH IMPROVEMENT AREAS 35 Tata CoC provides clear guidelines to people in their decision making In addition to Tata CoC your company has its own ethics policies supporting different clauses (such as Gift policy; Safety, Health & Environment policy; Sexual Harassment policy etc) suitable for its business The ethics counselor/ location ethics counselor is approachable The top management acts as role models in driving ethical behavior The steps to be followed for raising concerns/complaints are known to you The company deals with deviations to ensure ethical behavior There is a system/ forum to help resolve ethical dilemmas faced by employees The ethics counselor reviews and shares improvement plan for Tata CoC initiatives Visible actions are taken against employee complaints on ethical behaviour The company shares information on actions taken on reported concerns For an ethically admirable act, a person is visibly recognized in the company

Thank you