Tata Steel has bagged the sustainability prize at the CII-ITC Sustainability Award-2011 in the ‘Category A’ for Large Business Organizations (for companies with turnover of above Rs 500 crore).
The annual CII-ITC Sustainability Awards are given out to recognize and reward excellence in economic, environmental and social performance. They are conferred to Indian businesses that demonstrate excellent performance in the area of sustainable development.
The ceremony was held at Delhi in the presence of senior government officials including Anand Sharma, Union Minister of Commerce, Industry and Textiles and several other dignitaries from various corporate houses. It may be noted Tata Steel had already bagged the Sustainability Prize in 2006, 2007, and 2008 for the category and in the year 2009 and 2010 in the category of 'Commendation for Significant Achievement'.