Corporate Governance

Tata Consulting Engineers Limited (TCE) has a strong legacy of following fair, transparent, and ethical governance practices. Our Board of Directors and Management Committee comprising enlightened leaders, work together to drive the core values that form TCE’s guiding philosophy. We believe that good governance is an essential element of business, and it helps us fulfil our responsibilities to all stakeholders. Ethical business conduct, and commitment to values and integrity, which enhance and retain stakeholders’ trust, are TCE’s Corporate Governance traits. The Management Committee takes business decisions in consultation with the Board.

Tata Consulting Engineers (TCE) is committed to integrity. We follow and adhere to the Tata Code of Conduct (TCoC) developed by the Tata Group. We have well thought out, stringent practices and processes in place to ensure high standards of ethics and local compliance while delivering world-class projects to our clients across the globe. 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.