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Materiality assessment

Tata Chemicals undertakes a detailed materiality study every four years to identify topics that impact the company and its stakeholders.

Materiality can be defined as the threshold at which a topic or indicator becomes sufficiently important to an organisation or its stakeholder. The materiality principle, as defined in GRI's G4 Guidelines, is 'issues that have the potential to significantly affect sustainability performance'.

Materiality study, taken up in line with GRI guidelines on materiality, helps Tata Chemicals (TCL) to identify those opportunities and risks that are most important to the company and its stakeholders, including its impact on the economy, environment and society, which will merit focus in the company's sustainability report. Every four years,we take up an in-depth study on identifying material concerns, and informal methods are used to gauge material concerns for each year.

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    Identification of important topics

    Materiality mapping helps identify which topics or indicators are sufficiently important to an organization and its stakeholders, affecting
    sustainability performance.

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    Focus on opportunities and risks

    It involves identifying key opportunities and risks related to economic, environmental, and societal impacts that should be highlighted in sustainability reports.

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    Systematic assessment process

    The process includes steps like perception mapping, stakeholder prioritisation, engagement, and matrix integration to systematically assess and prioritise material concerns.

Our broad stakeholders

  • 01

    Energy Efficiency Customers, dealers and distributors

  • 02

    Local communities

  • 03

    Employees

  • 04

    Suppliers and partners

  • 05

    Energy Efficiency Government and reulators

  • 06

    Shareholders

  • 07

    Academia

  • 08

    Competitors

  • 09

    Research centres

  • 10

    Ex-employees

  • 11

    Industry bodies

Materiality matrix

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