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100th Annual Report 2006-2007 - Tata Steel

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Corus employees at its Living Solutions business.<br />

Corporate Social Responsibility<br />

Corporate responsibility is integral to the way that Corus<br />

does business and involves the integration of its financial and<br />

strategic goals with the following initiatives in the fields of :<br />

Health and Safety<br />

The most important priority for Corus is to ensure the health,<br />

safety and well-being of its employees, contractors, visitors and<br />

communities. A positive health and safety culture is encouraged<br />

which does not tolerate unsafe behaviour. Its objective is to be<br />

world-class in health and safety performance.<br />

• The frequency of lost time injuries measured in terms of<br />

million hours worked, reduced from 2.9 in 2005 to 2.5<br />

in <strong>2006</strong><br />

• 147 Executive Committee safety tours were carried out<br />

• Improvement in sickness absence rate from 4.2% in 2005 to<br />

3.8% in <strong>2006</strong><br />

• Corus’ compliance with formal regulatory emission limits<br />

(emissions to air and water) improved again during the year<br />

and the target of 99% was met.<br />

• Corus has established a high level Climate Change Task Force,<br />

which will develop the forward strategy in this area.<br />

• Increasing attention is being focused on developing products<br />

that have a better environmental profile or that have inherent<br />

environmental advantages.<br />

• Corus launched an environmental intranet site during <strong>2006</strong>,<br />

to promote good practice exchange within the Company.<br />

Community involvement<br />

Corus recognises that its operations influence the communities<br />

and societies within which it operates and it aims to play a positive<br />

role. The company promotes and encourages economic,<br />

environmental, social and educational development where<br />

possible and supports employees’ involvement in various<br />

local initiatives.<br />

Environment<br />

• Corus’ businesses have systems in place that focus on<br />

managing and minimising the effects of their operations.<br />

100% of manufacturing operations have now been certified<br />

to the independently verified international environmental<br />

management standard, ISO 14001.<br />

• Corus has a voluntary agreement with the Dutch government<br />

to benchmark its energy efficiency against world-best<br />

standards. In the UK, Corus has negotiated an agreement<br />

with the government to reduce total energy consumption<br />

by 14.7% in 2010 compared with 1997 levels.<br />

• Corus is working with other steelmakers in Europe on a major<br />

research and development project (ULCOS – Ultra Low CO 2<br />

<strong>Steel</strong>making) to identify and prioritise low CO 2<br />

emission iron<br />

and steelmaking processes, with the ambitious objective of<br />

reducing carbon emissions by 50% by 2050.<br />

Employment and economic development<br />

At the end of <strong>2006</strong>, Corus directly employed 41,200 people<br />

and many thousands more indirectly through contractors and<br />

suppliers. The company is also active in stimulating regional<br />

employment.<br />

Regeneration – UK <strong>Steel</strong> Enterprise<br />

Through UK <strong>Steel</strong> Enterprise, a wholly-owned Corus subsidiary,<br />

the company seeks to support the economic regeneration<br />

of communities affected by changes in the steel industry.<br />

Sponsorships and charitable donations<br />

Many of the Corus businesses have strong links to their<br />

neighbouring towns and surrounding regions. The company<br />

supports cultural, social, educational and sporting activities that<br />

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