A Dutch non-profit organisation has dragged Tata Steel to court, seeking $1.6 billion in compensation for alleged environmental damages caused by the Netherlands operations of the Indian steelmaker. The non-profit Stichting Frisse Wind.nu (SFW) submitted legal papers initiating the lawsuit at the district court North Holland in Haarlem, Tata Steel told the bourses. The claim targets Tata Steel Netherland’s operations in the coastal village of Velsen-Noord, located close to the company’s main steelmaking site in Ijmuiden, seeking compensation on behalf of residents for increased susceptibility to health issues and diminished property values. The class action suit by the non-profit comes at a time when Tata Steel is in the middle of a major decarbonisation journey in Europe. In the Netherlands too, Tata Steel is courting support worth €2 billion from the Dutch government for its decarbonisation roadmap.

Source: The Telegraph December 27, 2025 04:57 UTC