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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE
GHG Scope 2 Emissions (Business wise)
Business Unit FY20 FY21 FY22 FY23
Aluminium TCO e 804,257 519,576 2,117,489 5,994,336
2
Copper Business TCO e 48,314 65,227 73,079 87,924
2
Iron Ore Business TCO e 762 1,536 593 3,805
2
Oil and Gas Business TCO e 134,987 142,325 254,143 344,655
2
Port Business TCO e 10,601 8,318 10,237 7,588
2
Power Business TCO e 2,775 8,128 1 -
2
Steel TCO e 113,155 95,963 143,321 249,986
2
Zinc India TCO e 253,756 307,059 497,965 1,135,622
2
Zinc International TCO e 496,104 164,686 235,053 249,700
2
FACOR TCO e - - 10,864 106,915
2
Total (Vedanta Ltd.) TCO e 1,864,711 1,312,818 3,342,745 8,182,542
2
We calculate and report Greenhouse Gas (GHG) inventory i.e. Scope 1 (process emissions and other direct emissions) and Scope 2 (purchased electricity) as defined under the
World Business Council for Sustainable Development (WBCSD) and World Resource Institute (WRI) GHG Protocol.
GHG Scope 3 Emissions
Categorization Unit FY21 FY22 FY23
Scope 3-Upstream Million TCO e 7.23 8.04 8.58
2
Scope 3-Downstream Million TCO e 29.09 29.37 29.61
2
Total Million TCO e 36.32 37.41 38.19
2
The Scope 3 accounting was prepared based on the GHG Protocol’s Scope 3 Value-Chain Accounting and Reporting Standard. For Oil & Gas and Steel sectors, sector specific standards were used. To determine, which of the 15 upstream and downstream categories were relevant for our business, we conducted a
materiality assessment that used the following criteria of significant - magnitude, influence, stakeholder interest, sector guidance and risks.
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