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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023
Shift towards green economy
Consumer preferences have been steadily
shifting in favour of sustainable products, as the
ravages of climate change become more
devastating and governments and other
international bodies seek to do more for greater
everyday impact. For every manufacturing
industry, the journey towards greater
sustainability has a product and process aspect.
While we have already discussed the multiple
changes that our traditionally energy-intensive
manufacturing processes are now making,
product innovation is another fascinating
aspect of our sustainability transformation.
This aspect involves innovative approaches like
embracing circularity through the use of
reclaimed and recycled material, as well as, the
use of ground breaking technologies.
Vedanta realized early that a shift towards
greater sustainability offers a rare chance to
break out of the box, and to imagine and
innovate along unconventional tracks. In the
process, we would gain competitive advantage,
build brand distinctiveness and gain a price
premium too. As a market leader, we gladly took
on the role of product stewardship that was
required.
Our aluminium segment offered some exciting
possibilities. Given the traditionally high carbon
footprint of alumina processing, the potential for
making significant impact was very high. In FY
2022, we launched our first line of green
aluminium products, under the brandname of
Restora. Positioned as a low carbon aluminium
brand, Restora offers two distinct product lines
– Restora featuring low carbon aluminium and
Restora Ultra, featuring ultra-low carbon
aluminium.
COMMUNITIES THE PLANET THE WORKPLACE
The unique quality of these products is their low GHG emissions With the launch of the Restora line of products, we have become the
intensity, which is much below the global threshold of 4 TCO e first major non-ferrous Indian metals producer to manufacture low
2
tonne of aluminium. Restora is produced at our state-of-the-art carbon primary aluminium. To establish credibility and validate the
aluminium smelters and uses renewable energy in its production authenticity of our products as one of the most carbon-light products
processes. Additionally, Restora Ultra is crafted from recovered in the market, the Restora lineup will undergo independent verification
aluminium and is infused with the qualities of the virgin metal by a reputed global assurance firm.
through the use of cutting edge technology. Our collaboration
with Runaya Refining, a revolutionary Indian manufacturing The successful completion of this certification exercise will make it
possible for us to take these products across the world, as an
startup dedicated to resource sector innovations, has given us alternative for customers who want carbon-light aluminium options.
access to this technology. Restora Ultra boasts an even lower Approximately US $150 million-worth of revenues were generated
carbon footprint, ranking among the world's most carbon-light from the sale of low-carbon aluminium in FY2023.
aluminium products.
As an outcome of the Restora manufacturing process, we have
become India's largest industrial consumer of renewable energy,
Global Standard with over 2 billion units of renewable energy consumed to
produce Restora and Restora Ultra.
4 TCO e/ ton
of metal 2
Restora (low carbon aluminium)
2.36 TCO e/ ton
of metal 2
Restora Ultra (ultra-low carbon aluminium)
0.37 TCO e/ ton
2
of metal
60