The Asia First and India’s largest private sector steel company “Tata Steel” was the first company to formulate the policy called “Code of Conduct” in 1998. The document contains the values, ethics, and business principles which the employee has to follow, which was even later extended to the stakeholders like suppliers and dealers of the company. A position called Ethics counselor at Top level management was created, who was responsible for creating awareness among the employees, stakeholders and even among the families of the employees. To motivate, coordinator were rewarded on the basis of quality of work and which high moral value behavior is presented on monthly basis. This was a Proactive step taken by the Tata Group.
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Ethics
The Asia First and India’s largest private sector steel company “Tata Steel” was the first company to formulate the policy called “Code of Conduct” in 1998. The document contains the values, ethics, and business principles which the employee has to follow, which was even later extended to the stakeholders like suppliers and dealers of the company. A position called Ethics counselor at Top level management was created, who was responsible for creating awareness among the employees, stakeholders and even among the families of the employees. To motivate, coordinator were rewarded on the basis of quality of work and which high moral value behavior is presented on monthly basis. This was a Proactive step taken by the Tata Group.
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