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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE
Bringing in systemic change, with an ESG focus They also act as very powerful role models
and drive corporate ESG efforts with a lot of
Message from Priya Agarwal Hebbar enthusiasm. It has been proven that
organisations with more gender diverse staff,
more effectively promote sustainable
practices.
At Vedanta, we continue to build long-term value one-fifth of our workforce are women. These • Nearly 67% of our plants are in
for our stakeholders while working to position definite goals showcase the priorities that we water-stressed areas. In FY23, Vedanta
ourselves as a sustainability leader in the natural hold close to our hearts – ensuring cleaner air, recycled 77 billion litres of water, The natural resources and mining industry
resources industry. We are living at a defining reduced global warming, abundant water and a equivalent to the annual water has historically been a male-dominated area.
Under our "Transforming for moment in human history where the impact of fairer society. By doing so, we will also de-risk consumption of nearly 3 million people in Breaking this trend, in the last one year,
Good" vision we also have industrialization and ecological disorder is all our business and create greater self-sufficiency rural India. Four of our business units are women in STEM roles have gone up from
several key social goals around us. Twenty first century business leaders and resilience. already water positive. We also reduced 13% to 16% within our company. Our
subsidiary HZL now boasts of India’s first
covering diversity and must break from the past to establish our freshwater consumption by 11.32% female underground mining engineers. To
inclusion, education, primary carbon-light, socially supportive ways of growth Today, the role of ESG in strengthening from the baseline FY 2021. Several assist women in getting better aligned with
healthcare, sanitation and and progress. This puts ESG at the center of business resilience, cost conservation and alternative water sources like municipal the industry’s role requirements, we have
wastewater, saline water and rainwater
profitability are well accepted. We have been on
corporate decision-making.
hygiene, livelihood creation and the ESG integration journey for more than a harvesting are being harnessed. been providing 2X training to women
wildlife conservation and Defining new industry standards decade now and each day we work rigorously, employees compared to their male
animal welfare. inching closer to our goal of being one of the Under our "Transforming for Good" vision counterparts in FY2023. We are thrilled to be
Vedanta has been a frontrunner in practicing setting such positive precedents that
ESG-centred thinking. We are one of the largest ‘greenest’ and most ‘people oriented’ metals we also have several key social goals contribute to greater gender parity at the
natural resources companies in the world, and and mining producers. We are proud of all that covering diversity and inclusion, education, workplace. As a part of promoting a diverse
produce nine out of the 17 transition metals that we have so far achieved: primary healthcare, sanitation and hygiene, and inclusive workplace, we are also
green manufacturing and carbon-light • Our GHG intensity (TCO e/INR Mn) has livelihood creation and wildlife conservation consciously encouraging regional diversity
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technology solutions will need to metamorphose reduced by nearly 30% against a FY2021 and animal welfare. Along with charting a and are trying to recruit talent from different
the present towards a more sustainable future. baseline greener way forward for our nation’s growth, geographic areas. Establishing an
We view our role as an active agent in making • RE usage has increased 14 times since we are also helping to realize India’s social LGBTQ+friendly atmosphere is another
this future a reality. As an industry leader, we FY20. We target spending USD 5 billion priorities of creating a healthier and more priority. In support of our diversity and
have been actively incorporating sustainability towards reaching our goal of net zero equitable society. inclusion emphasis, we are also
and extensive ESG orientation into our operations. communicating with our employees through
operations, community outreaches and Creating greater equality, building open platforms that promote honest
corporate practices. Our vision of Transforming • Apart from progressive fleet a better workforce exchange of viewpoints and enable us to
for Good is focused on integrating all-round decarbonization, we have introduced an We have made great progress in promoting better understand their problems.
sustainability within our process technologies, to industry-leading EV purchase policy for all women's representation in leadership
progressively lighten long-term adverse impact. our employees to incentivize electric vehicle positions, including CXO positions. This is a Maintaining a safe work environment is a top
We have our sights set on 2030, for reaching purchase, which reflects our 360-degree welcome move on several counts – not only priority for our company to ensure workforce
multiple ESG goals. By that time, we have approach to ‘greening’ our impact does it benefit women and give them well-being and optimal productivity. This
committed to reducing 25% of our GHG • The introduction of our carbon-light product greater empowerment, the organization commitment is fundamental for our
emissions, decarbonizing our transportation lines, kicked off by Restora and Restora Ultra benefits immensely too as these women organizational growth. In FY 2023, the
fleet, running 2.5 GW-worth of our operations on aluminium options, gives a preview of the bring in richness of perspectives and novel company reported 13 fatal incidents. In
RTC-RE, becoming 100% water positive, planting many more innovative green products being viewpoints. response, we have greatly strengthened our
Priya Agarwal Hebbar more than 7 million trees (as a part of WEF’s One developed, including green copper. Critical Risk Management programmme for
Non-Executive Director Trillion Trees programme) and ensuring that
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