23, Dec 2023
Tata Chemicals and Rallis India get top honors at ICAI Sustainability Reporting Awards 2023
Bengaluru, 23rd, December 2023: Tata Chemicals Limited has been honoured with the highest accolade, the Gold award, in “Excellence in BRSR (Business Responsibility and Sustainability Reporting) Mid Cap – Manufacturing Sector” at the 3rd ICAI (Institute of Chartered Accountants of India) Sustainability Reporting Awards 2022-23. Rallis India Limited, a subsidiary of Tata Chemicals, won the Silver award in the same category.
These recognitions by the ICAI underscore the organisations’ sustainability reporting practices, reflecting the dedication towards championing innovation, encouraging continuous improvements, and implementing knowledge and skills to achieve strategic objectives.
Speaking about this achievement Nandakumar S Tirumalai, Chief Financial Officer, Tata Chemicals, said, “We are honoured to receive the highest awards on excellence in sustainability reporting by the Institute of Chartered Accountants of India. These prestigious acknowledgments highlight our commitment to sustainability and continuous improvement in reporting standards on ESG. We steadfastly reinforce sustainability principles and continuously strive to set new benchmarks in the field of corporate responsibility and related disclosures.”
Both companies are dedicated to integrating environmental, social and governance (ESG) principles into its businesses, emphasising the enhancement of the communities it serves.
Guided by its board-level SHES (Safety, Health, Environment and Sustainability) committee, Tata Chemicals and Rallis prioritise safety and sustainability in strategic initiatives, budgets, audits and improvement plans. Periodic internal reviews of charters and policies, overseen by senior management and board committees, highlight their comprehensive approach to safety and sustainability implications.
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- By Rabindra
12, Dec 2023
Rallis India drives innovation in Crop Nutrition with NAYAZINC™
Bengaluru | December 12th, 2023: Rallis India Limited, a Tata enterprise and a leading player in the Indian agri inputs industry, is strengthening farming practices with NAYAZINC™, a unique, patented zinc fertilizer designed for soil application. This innovation is transforming agricultural practices across various crops, soils, and agro-climatic conditions, providing farmers with a highly efficient alternative to Zinc Sulphate.
NAYAZINC™ is a fully FCO-compliant product with high standards of quality and aspires to replace Zinc sulphate as a preferred choice for Indian agriculture. With 16 percent zinc, it provides optimum zinc nutrition to the plants at almost one-tenth of zinc application when compared to Zinc Sulphate. With 9 percent magnesium also in its content, NAYAZINC™ boosts photosynthesis during the early growth phase. NAYAZINC™ offers an innovative solution suitable for a wide range of crops; Paddy, Wheat, Maize, Sugarcane, Pulses, Oilseed, Vegetables, Cotton, Sorghum, Mustard; Groundnut, and Soybean.
Sanjiv Lal, Managing Director of Rallis India Limited, expressed his enthusiasm about NAYAZINC™, stating, that NAYAZINC™ is a testament to our dedication towards achieving our Mission – “Serving Farmers Through Science”. More than 45 percent of Indian soils are low in plant-available zinc, NAYAZINC™ is an innovative solution to enhance productivity and improve sustainability. Zinc nutrition in plants has a strong bearing, much like zinc nutrition in human beings, especially infants and babies. Our investments in this product are intended to provide a strong foundation for healthy soil, producing healthy foods for a healthy nation.”
S.Nagarajan, Chief Operating Officer of Rallis India Limited, added, “Built on the principles of Zinc delicately bound in a Polyphosphate chain to prevent it from undesired reactions in soil, this innovative micronutrient fertilizer allows co-application with any crop nutrient source and acts as a slow-release fertilizer to improve use efficiency several times when compared with the traditional Zinc Sulphate. NAYAZINC™ represents a significant step forward in crop nutrient application. ”
Rallis India Limited aspires to elevate agricultural practices through its inventive crop nutrition solutions. The company’s steadfast commitment to R&D and business development has yielded promising results in current markets, reinforcing its leadership in the agri-input Industry. The company is confident that NAYAZINC™ will usher in a new era of sustainable farming practices, benefiting both farmers and the environment in the foreseeable future.
