Page 119 - 1-37
P. 119
TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE
Shift towards green economy
Consumer preferences have been steadily The unique quality of these products is their low GHG emissions With the launch of the Restora line of products, we have become the
shifting in favour of sustainable products, as the intensity, which is much below the global threshold of 4 TCO e first major non-ferrous Indian metals producer to manufacture low
2
ravages of climate change become more tonne of aluminium. Restora is produced at our state-of-the-art carbon primary aluminium. To establish credibility and validate the
devastating and governments and other aluminium smelters and uses renewable energy in its production authenticity of our products as one of the most carbon-light products
international bodies seek to do more for greater processes. Additionally, Restora Ultra is crafted from recovered in the market, the Restora lineup will undergo independent verification
everyday impact. For every manufacturing aluminium and is infused with the qualities of the virgin metal by a reputed global assurance firm.
industry, the journey towards greater through the use of cutting edge technology. Our collaboration
sustainability has a product and process aspect. with Runaya Refining, a revolutionary Indian manufacturing The successful completion of this certification exercise will make it
While we have already discussed the multiple possible for us to take these products across the world, as an
changes that our traditionally energy-intensive startup dedicated to resource sector innovations, has given us alternative for customers who want carbon-light aluminium options.
manufacturing processes are now making, access to this technology. Restora Ultra boasts an even lower Approximately US $150 million-worth of revenues were generated
product innovation is another fascinating carbon footprint, ranking among the world's most carbon-light from the sale of low-carbon aluminium in FY2023.
aspect of our sustainability transformation. aluminium products.
This aspect involves innovative approaches like
embracing circularity through the use of
reclaimed and recycled material, as well as, the As an outcome of the Restora manufacturing process, we have
use of ground breaking technologies. become India's largest industrial consumer of renewable energy,
Global Standard with over 2 billion units of renewable energy consumed to
Vedanta realized early that a shift towards produce Restora and Restora Ultra.
greater sustainability offers a rare chance to 4 TCO e/ ton
break out of the box, and to imagine and of metal 2
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 Restora (low carbon aluminium)
required. 2.36 TCO e/ ton
Our aluminium segment offered some exciting of metal 2
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 Restora Ultra (ultra-low carbon aluminium)
aluminium products, under the brandname of 0.37 TCO e/ ton
Restora. Positioned as a low carbon aluminium 2
brand, Restora offers two distinct product lines of metal
– Restora featuring low carbon aluminium and
Restora Ultra, featuring ultra-low carbon
aluminium.
60