Corporate Governance

At Tata Consulting Engineers (TCE), we have a strong legacy of upholding fair, transparent, and ethical governance practices. Our Board of Directors and Management Committee made up of experienced leaders, work together to uphold the core values that shape our philosophy—good governance is essential to fulfilling our responsibilities to all stakeholders. Our approach to corporate governance is rooted in ethical business conduct, a commitment to values, and integrity, which help us build and maintain the trust of our stakeholders. The Management Committee makes business decisions in consultation with the Board, ensuring alignment with our governance principles.

Ethics
At TCE, we are committed to integrity in all our operations. We adhere to the Tata Code of Conduct (TCoC) developed by the Tata Group, which sets the foundation for our ethical standards. Our robust practices and processes ensure we meet the highest levels of ethics and local compliance while delivering world-class projects globally. The TCoC shapes our commitment to integrity, responsibility, and ethical conduct in every aspect of our work. The TCoC commits us to:
  • Doing business conforming to the highest moral and ethical standards
  • Good corporate citizenship
  • The economic development of the communities, countries and regions we operate in; while respecting their culture, norms and heritage
  • Not to compromise safety in the pursuit of commercial advantage
  • Highest moral and ethical standards andbe fair and transparent
  • Respecting the dignity and human rights of all our stakeholders
  • Avoid unfair discrimination of any kind and strive to balance the interests of our stakeholders
  • Ensure that the statements that we make to our stakeholders shall be truthful and made in good faith
  • Avoid engaging in any restrictive or unfair trade practices
  • Ensure mechanisms are provided for our stakeholders to raise concerns and report actual or perceived violations of our Code
  • Ensure an environment free from fear of retribution to deal with concerns raised or cases reported in good faith
  • To demonstrate leadership commitment to the ethical standards set out in this Code
  • Comply with the laws of the countries in which we operate and any other regulations which apply to us
Risk Managment

In a complex and interconnected world, any event happening around the globe impacts most economies and organisations positively or negatively. Organisations must identify and mitigate the risks they are exposed to. It may not be possible to eliminate the threats but what matters is whether risks are treated well to ensure that the risk levels are within the risk appetite for achieving organisational objectives. TCE has developed the Enterprise Risk Management (ERM) Framework and process in line with the Business Value Chain of the

Company and best practice recommendations of Standards like ISO 31000 and the COSO framework. The company’s Risk Management procedure captures and evaluates risks throughout the project’s lifecycle, i.e., from the bid stage to the closure of the project. Risk Management System captures and shares the risk data for bids and projects through dashboards and reports to support risk reviews, mitigation and monitoring, risk reporting, etc.