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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE

Upholding Integrity and Accountability through Policy Infrastructure

Strong corporate governance demands Vedanta establishes that business
Corporate Governance Framework
regular checks on actions and decisions decisions are made objectively and
before they’re implemented by Vedanta. with the organisation's best interests in
Risk Governance With integrity being one of its core mind, and that relationships with
Management values, ethical conduct is integrated into stakeholders do not compromise
the business ecosystem. The following independent judgment. Emphasis is
policies are in place and are part and placed on ensuring employees
parcel of Vedanta’s initiative to promote prioritise the Company's interests and
Strategy, Planning & Stakeholders
Performance transparency and integrity. avoid conflicts of interest. Employees
are required to disclose and report
potential conflicts of interest, promote
Anti-Corruption transparency and integrity through
Integrity & policies, such as refraining from
& Bribery offering or accepting bribes, avoiding
ESG Transparency
Compliance conflicts of interest with other
& Reporting employees, reporting any potential
Political Activities conflicts of interest, and abstaining

& Personal Political from unfair or anti-competitive trade
practices.
Contributions
Reporting Concerns

VEDANTA LIMITED Vedanta upholds a strong commitment
Board Commmittees to ethical conduct and expects every
Conflict of Interest employee to adhere to the company's

Code of Business Ethics and policies.
It is the responsibility of each
Statutory Board Committees
Prevention of Fraud employee to ensure that their own
Audit & Risk Management Nomination & Corporate Social Stakeholders' behaviour and that of their
Committee Remuneration Committee Responsibility Committee Relationship Committee subordinates align with these
Fair Dealing standards, and that any known or
suspected breach of the Code or
applicable laws, rules, regulations, or
Special Committees policies must be reported immediately
Anti-Money Laundering to a supervisor. In the case where
ESG Commitee Share & Debenture Transfer Commitee Committee of Directors
reporting to a supervisor is
uncomfortable, employees have the
By delegating specific matters to each of these committees, the Board ensures that sustainability
considerations are integrated throughout the organisation. This approach ensures that global standards, Reporting Violations option to use the Whistleblower Policy
strategies, business plans, and remuneration plans are designed to foster strong sustainability by anonymously reporting to
performance at all levels of the company. sgl.whistleblower@vedanta.co.in.

A comprehensive description of the Company's approach to corporate governance can be found in our
Annual Integrated Report.

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