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Home Business & Corporates

Tata Steel adds another feather to cap, joins World Economic Forum’s Global Parity Alliance 

Lagatar News by Lagatar News
April 12, 2022
in Business & Corporates
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PINAKI  MAJUMDAR

Jamshedpur, April 12: Leading steel producer Tata Steel, has joined the Global Parity Alliance (GPA) by the World Economic Forum as one of the Founding members.

The GPA is a cross-industry group of global organisations taking holistic action to accelerate diversity, equity and inclusion (DE&I) at the workplace and beyond.

Established in collaboration with McKinsey & Company, the GPA seeks to promote DE&I best practices that benefit underrepresented groups and are hardwired across business processes – including creating equitable work opportunities, promoting supplier diversity, and launching inclusive products and services.

On the alliance, T. V. Narendran, CEO and MD, Tata Steel, said: “At Tata Steel, our vision is to curate a workplace where we embrace differences in individuals and create a culture where everyone can bring their authentic selves to work every day. In our inclusion, diversity and belonging journey, we are working across recruitment, sensitisation, infrastructure, retention, and development. We believe that the Global Parity Alliance will help us in understanding how to tap the diverse talent pool in remote manufacturing & mining locations and learn from other organisations doing commendable work in DE&I.”

DE&I has been an integral part of Tata Steel’s ethos for long. Tata Steel which works toward creating a diverse, inclusive, safe, and fair workplace and has taken a target of having a 25 percent diverse workforce by 2025.

Global Parity Alliance’s vision is to drive better and faster DE&I improvements by sharing what works, raising each other’s aspirations, and elevating DE&I actions across organisations beyond the alliance.

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