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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
                                     2
 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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