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|Tata Consultancy Services Ltd||IND||website|
| Tata Group
owns 72% of Tata Consultancy Services Ltd
India's largest industrial conglomerate,Tata runs more than 90 companies in seven main business sectors: chemicals, communications and IT, consumer products, energy, engineering, materials, and services. The group is managed through holding company Tata Sons Ltd. Tata owns Jaguar and Land Rover.
|Tata Consultancy Services Ltd|
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2022)
This company received an S&P Global ESG Score of 73/100 in the IT Services & Internet Software and Services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
The US Court of Appeals, 7th Circuit, Chicago court has upheld that the punitive damages of $280m against this company in a trade secret theft lawsuit, involving medical software company Epic Systems, were excessive and halved the damages to $140m. The matter relates to the US grand jury order that fined two Tata Group companies, including this company, with a $940m fine in a trade secret theft lawsuit in 2016.
Source: Business Standard (2020)
This company has corporate sustainability claims on its website including reducing its carbon footprint, energy efficiency, water conservation, waste reduction and reuse, and responsible sourcing.
Source: company website (2020)
This company appears on Burma Campaign UK's 'Dirty List' of companies assisting the Burmese military to continue to commit human rights violations and environmental destruction. Tata motors supplies equipment to the military in Burma, including the LPTA 715 troop carrier and the Xenon GS800 SUV, often used as military staff cars.
Source: Burma Campaign UK (2019)
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 35.8% (Weak).
Source: As You Sow (2019)
Tata Group subsidiary Tata Power's Strategic Engineering Division makes weapons and weapon components for the India's Defence forces.
Source: company website (2023)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: responsible corporate engagement in climate policy; report climate change information in mainstream reports as a fiduciary duty.
Source: We Mean Business (2021)
This company is a member of the Leather Working Group, a multi-stakeholder group who's objective is to develop and maintain a protocol that assesses the compliance and environmental performance of tanners and promotes sustainable and appropriate environmental business practices within the leather industry.
Source: Leather Working Group (2022)
Business & Human Rights Resource Centre digital platform presents news and allegations relating to the human rights impact of over 20,000 companies. Their enhanced Company Dashboards also include financial information, key data points based on corporate policies, and scores from prominent civil society benchmarks. Follow the link and use the search function to view this company's dashboard.
Source: BHRRC (2022)