Tata Steel, world's sixth largest steel maker, today said it has bagged the 'Golden Peacock' award for 2009 for its corporate social responsibility (CSR) initiatives.
"The notion of social stewardship is integral to the company's business endeavours in the areas where it operates. CSR is an integral components of Tata Steel's business strategy," the steel maker said in a statement.
The Golden Peacock Awards Jury, under the co-chairmanship of former Prime Minister of Sweden Ola Ullsten and former chief justice of India P N Bhagwati, conferred the award to Tata Steel at the 4th Global Conference on Social Responsibility in Vilamoura, Portugal, it said.
The award was collected by Corus International Portugal Country Manager Claudia Esteves on behalf of Tata Steel, it added.