Page 134 - 1-37

TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023
Aim 6
Innovating for a greener business model
Key Material Issues
Waste management, Tailings management, Air emissions & quality, Biodiversity & ecosystems
The world relies on the metals and mining
industry to provide inputs for its progress
and help it transition to more carbon-light
ways of living. At Vedanta, we are fully
cognizant of the responsibilities that we
carry. The act of mining affects the
environment, often leading to the release
COMMUNITIES
Waste Management
Our waste management
framework follows the principles of
minimization, optimization and
circularity, to create low-waste trail
operations, generate the maximum
of pollutants. In biodiverse areas, mining benefit from production
can lead to habitat destruction, processes, significantly lower
biodiversity loss and displacement of operational costs and comply with
national and international waste
plant and animal species. These impacts management regulations.
of our business need to minimized and, to
the extent possible, reversed. We balance In adherence with the principle of
these conflicts through our business minimization, our attempt is to
model which seeks to optimize what we produce less waste by volume and
do and restore what we harm – by making to also reduce its toxicity. This is
followed by recovery and recycling
the most out of waste, through (either through our own processes
end-to-end tailings management, and by or by authorized recyclers), which
implementing the principles of leads to minimal waste for disposal
No-Net-Loss (NNL) in areas of biodiversity to landfill or by incineration. We
loss. Our constant attempt is to change produce a wide variety of waste
the commonly-held negative associations streams across our sites and
these include:
about mining through our actions, and to
make our activities compatible with the • Hazardous waste
functioning of natural ecosystems and
communities. • Non-hazardous waste
• High-volume low toxicity waste
(HVLT)
• Acid Rock Drainage (ARD)
• Tailings
THE PLANET THE WORKPLACE
Waste management principles founded
on generating less waste
Reduce waste at source
Reduce toxicity through
treatment
Recover waste for reuse
Recycle waste for reuse
Minimum waste to landfill
Effective waste management practices
leads to cost savings. By reducing waste
generation, optimizing processes, and
promoting recycling, the company
minimizes waste disposal costs, raw
material expenses, and energy
consumption. Implementation of
efficient waste management practices
enhances operational efficiencies for us.
By effectively managing waste and
through proper treatment and disposal
of hazardous wastes, we also avoid fines,
penalties, and legal liabilities associated
with non-compliance.
68