October 17, 2017
Tata Power becomes founding member of CII- Ethisphere South Asia Business Ethics Leadership Alliance Chapter
Mumbai, Pune, Delhi, Kolkata, Bengaluru: Tata Power, India's largest integrated power company, has always been renowned for its benchmark ethical business practices. In line with its commitment to maintain the highest standard of ethics, Tata Power announced that it has been inducted as a founding member of Confederation of Indian Industry’s (CII) - Ethisphere, USA, South Asia Business Ethics Leadership Alliance (BELA) Chapter. Parshuram Date has been nominated as the committee member to represent Tata Power.
CII launched its South Asia Business Ethics Leadership Alliance (BELA) in alliance with Ethisphere Institute of USA, with an aim to create a conducive environment for industrial growth through a community of select Indian and multinational companies who will serve as Founding Members of this exclusive initiative. Besides Tata Power, other founding members of BELA include Tata Steel, General Electric, Dell, SBI, Walmart, Dun & Bradstreet, 3M, Coca Cola, and Boeing. The launch of the South Asia BELA Chapter at CII’s headquarter was graced by the presence of high-profile senior executives and business leaders.
Speaking on the occasion Anil Sardana, CEO and MD said, “Our participation in this elite industry forum will help us implement best practices in the areas of ethics and further assist us to foster an ethical environment not only in Tata Power but in the overall industry. At Tata Power, we have always appreciated our stakeholders’ demand for ethical business practices, and have maintained a strong focus on integrity. We are humbled by the opportunity presented to us by CII and Ethisphere Institute of working with some of the most ethical companies across sectors to create a sustainable future, making the mission of the new South Asia BELA Chapter a vital factor in improving transparency and integrity in India.”
With this announcement, Tata Power has strengthened its commitment to adopting leading ethical business standards and practices, thereby ensuring long-term value to key stakeholders, including customers, employees, suppliers, regulators and investors.