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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE
Chaired by Independent Director, Mr. UK Mr. Akhilesh Joshi (Independent Director)
Sinha, the ESG Board Committee meets among others. The Committee is Vedanta Sustainability
quarterly and comprises of Ms. Priya responsible for implementing, promoting, Framework (VSF):
Agarwal (Non-executive Director), Sunil and monitoring initiatives under our Our framework for
Duggal (Whole-time Director & CEO) and 'Transforming for Good' agenda.
implementation
9 sustainability policies
Vedanta Sustainability
Framework (VSF) is a • Health & Safety, Energy &
Sustainability Oversight Executive Implementation Review & Monitoring
UK Sinha comprehensive approach Carbon, Water Management,
Chairperson Board of Directors Group CEO BU CEOs that guides us in Biodiversity, Social
Performance, Human Rights,
integrating sustainability Supplier Sustainability
into all our business Management, Environmental,
operations and Tailings Management
Board ESG Group Head-
sub-committee Sustainability decision-making
processes. The framework
is designed to address key
environmental, social, and
ESG ManCom Director- ESG governance (ESG) issues
and to drive positive
Priya Agarwal impacts across the value
Member chain in line with global 92 Standards & Guidance Notes
Group Executive
Committee Group & Business CoPs standards of international • Covering all policy subject
bodies like International areas
Council on Mining and • Aligned with ICMM, IFC
Metals (ICMM), Performance Standards, Global
International Finance Reporting Initiative (GRI)
Corporation (IFC),
Together with our Group ESG function, we change; engagement with communities and Organisation for Economic
have established dedicated forums at various indigenous peoples; diversity at workplace Co-operation and
management levels, as well as ESG-themed and human rights are some of the areas Development (OECD),
Sunil Duggal communities within each Business Unit (BU) under the purview of these communities. United Nations Global
Member and Strategic Business Unit (SBU) to ensure Compact (UNGC) and
effective oversight and timely execution of The 14 CoPs and the RE Steering SDGs.
ESG initiatives. These Communities of Committee, led by experienced Robust Monitoring
Practice (CoP) take ownership of specific ESG professionals within our organization, have a
Key Performance Indicators (KPIs) and play a strong framework in place to drive specific • Annual VSAP audit conducted
vital role in driving their successful ESG KPIs. This robust approach to ESG at all Vedanta locations to
check compliance with VSF
implementation. Workplace health and safety; management guarantees that sustainability
supply chain sustainability; water, waste, remains fully integrated into our business • Monitored by ExCo
biodiversity, and air quality management; practices and allows us to continue our
tailings facility management and emergency transformative journey for the betterment of
Akhilesh Joshi
response plans; emissions and climate society and the environment.
Member
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