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

They also act as very powerful role models prioritizing critical risks and are overhauling our such awareness can help to reduce animal-borne infections and diseases while
and drive corporate ESG efforts with a lot of safety standards. We already have an elaborate recognizing the importance of animal well-being. Last year, we have also launched a
enthusiasm. It has been proven that Safety Monitoring and Management framework in vulture recovery programme at HZL aimed at conservation of this critical
organisations with more gender diverse staff, place with 17 safety performance standards and 20 scavenging species.
more effectively promote sustainable health and safety technical and management
practices. standards. We are meticulously evaluating the We acknowledge the significance of ESG and CSR considerations not only as a
At Vedanta, we continue to build long-term value one-fifth of our workforce are women. These
for our stakeholders while working to position definite goals showcase the priorities that we weaknesses in the system to prevent loss of lives at moral obligation but also as a vital common ground that can enable the long-term
ourselves as a sustainability leader in the natural hold close to our hearts – ensuring cleaner air, The natural resources and mining industry any cost and create a fool-proof system. sustainability of our business. We actively engage with our various stakeholders,
resources industry. We are living at a defining reduced global warming, abundant water and a has historically been a male-dominated area. such as regulators, investors, NGOs, and local communities to inform our view. This
moment in human history where the impact of fairer society. By doing so, we will also de-risk Breaking this trend, in the last one year, Spreading the power of good through AAF helps us effectively deliver on our environmental stewardship, social progress, and
industrialization and ecological disorder is all our business and create greater self-sufficiency women in STEM roles have gone up from Our diverse corporate social responsibility (CSR) good governance goals. I encourage all our employees, partners, and stakeholders
around us. Twenty first century business leaders and resilience. 13% to 16% within our company. Our initiatives across the areas of child nutrition, gender to join us in accepting our shared responsibilities so that we can ensure that our
must break from the past to establish subsidiary HZL now boasts of India’s first equality, livelihood generation and animal welfare are mining operations make a positive contribution to society while minimizing any
carbon-light, socially supportive ways of growth Today, the role of ESG in strengthening female underground mining engineers. To offered under the Anil Agarwal Foundation (AAF). We adverse impacts.
and progress. This puts ESG at the center of business resilience, cost conservation and assist women in getting better aligned with have invested approximately USD 240 million in
corporate decision-making. profitability are well accepted. We have been on the industry’s role requirements, we have socio-economic development projects across India,
the ESG integration journey for more than a been providing 2X training to women and this year we have successfully improved the lives
Defining new industry standards decade now and each day we work rigorously, employees compared to their male of around ~42 million individuals across 1300 villages
counterparts in FY2023. We are thrilled to be
Vedanta has been a frontrunner in practicing inching closer to our goal of being one of the setting such positive precedents that in the country. Furthermore, AAF has committed to
ESG-centred thinking. We are one of the largest ‘greenest’ and most ‘people oriented’ metals contribute to greater gender parity at the contributing USD 600 million over the next five years
natural resources companies in the world, and and mining producers. We are proud of all that workplace. As a part of promoting a diverse to further social impact endeavours. Our flagship
produce nine out of the 17 transition metals that we have so far achieved: and inclusive workplace, we are also initiative Nand Ghar uses the pre-existing 44 16%
green manufacturing and carbon-light • Our GHG intensity (TCO e/INR Mn) has consciously encouraging regional diversity government network of anganwadi or childcare
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technology solutions will need to metamorphose reduced by nearly 30% against a FY2021 and are trying to recruit talent from different centres and we have successfully modernized more million community women in
the present towards a more sustainable future. baseline geographic areas. Establishing an than 4,500 anganwadis nationwide. This network is members in India and our STEM roles
We view our role as an active agent in making • RE usage has increased 14 times since LGBTQ+friendly atmosphere is another available even in the remotest parts of India, and the
this future a reality. As an industry leader, we FY20. We target spending USD 5 billion priority. In support of our diversity and modern anganwadis offer 24×7 solar electricity, countries of operations (up from 13%)
have been actively incorporating sustainability towards reaching our goal of net zero inclusion emphasis, we are also clean and hygienic toilets, and water purifiers.
and extensive ESG orientation into our operations. communicating with our employees through E-learning-based pre-school education,
operations, community outreaches and open platforms that promote honest comprehensive nutrition programmes and healthcare
corporate practices. Our vision of Transforming • Apart from progressive fleet exchange of viewpoints and enable us to and hygiene support, is being provided through Invested approximately
for Good is focused on integrating all-round decarbonization, we have introduced an better understand their problems. these centres, along with livelihood support for
sustainability within our process technologies, to industry-leading EV purchase policy for all women. I am happy to report that this year, as a result USD 240
progressively lighten long-term adverse impact. our employees to incentivize electric vehicle Maintaining a safe work environment is a top of such efforts, we have made a positive difference in
We have our sights set on 2030, for reaching purchase, which reflects our 360-degree priority for our company to ensure workforce the lives of 44 million community members in India
multiple ESG goals. By that time, we have approach to ‘greening’ our impact well-being and optimal productivity. This and our countries of operations. million
committed to reducing 25% of our GHG • The introduction of our carbon-light product commitment is fundamental for our
emissions, decarbonizing our transportation lines, kicked off by Restora and Restora Ultra organizational growth. In FY 2023, the The significance of animal welfare and conservation in socio-economic development
fleet, running 2.5 GW-worth of our operations on aluminium options, gives a preview of the company reported 13 fatal incidents. In within CSR initiatives is often overlooked and projects across India
RTC-RE, becoming 100% water positive, planting many more innovative green products being response, we have greatly strengthened our deserves more attention. It is crucial to embrace the
more than 7 million trees (as a part of WEF’s One developed, including green copper. Critical Risk Management programmme for "One Health" approach, which emphasizes the
Trillion Trees programme) and ensuring that interconnectedness of people, animals, plants, and

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