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TRANSFORMING TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE
Stakeholder Engagement Mechanism
Community Employees Investors and NGO & Industry Forums, Regulators
Lenders Civil Society Suppliers, Customers,
Business Partners)
How We Engage How We Engage How We Engage How We Engage How We Engage How We Engage
The Company has established a The Company interacts through: The Company has an active The Group has implemented Vedanta ensures the consistent Our engagement with regulatory
comprehensive social Channels on teams, broadcasting investor relations team that multi-stakeholder initiatives and implementation of its code of business bodies includes participation in
framework as a key to engaging on whatsapp, Chairman, Vice consistently provides public partnerships with international conduct by having company personnel government consultation
with local communities. The Chairman, CEO townhalls, disclosures on economic, social, organisations to align with the conduct in-person visits to customers, programmes. The Vedanta Group
Social Performance Steering Focussed Group Interactions as and environmental performance. expectations of the global suppliers, and vendors. In order to engages with national, state, and
Committee (SPSC) employs a the primary mode of engaging The team provides regular updates sustainability agenda. Any key maintain contractual integrity, a vendor regional government bodies at
cross-functional approach to with employees. We follow a to stakeholders through investor concerns or trends from scorecard is meticulously maintained. the business and operational
community engagement multi-dimensional approach to meetings, site visits, conferences, engagements with international, The company's commitment to levels both directly and through
through community group career and leadership and quarterly result calls. national, and local NGOs are enhancing the overall customer industrial associations.
meetings and village council development through V-Lead and reported to the relevant experience is evident through the regular
meetings. ACT-UP programmes. The Company organises annual community of practice. administration of customer satisfaction
general meetings to engage with Conferences and workshops are surveys and meetings, along with prompt Key Expectations
Community needs/social impact Chairman’s workshops, our key financial audience that is, conducted as needed. actions taken to address any gaps that • Compliance with laws
assessments are developed to Chairman’s/CEO’s town hall shareholders, investors and are identified.
undertake need-based meetings, and plant-level lenders. To enable stakeholders to Key Expectations • Contributing towards the
community projects. We are meetings are organized raise their concerns, a dedicated Key Expectations economic development of
increasing our community periodically to improve contact channel has been • Expectations of being aligned • Consistent implementation of the the nation
outreach via public hearings, performance on material issues assigned: ir@vedanta.co.in and with the global sustainability code of business conduct and ethics
grievance mechanisms, and pertinent to Vedanta. esg@vedanta.co.in agenda
cultural events. Anil Agarwal • Ensuring contractual integrity, data
Foundation provides We have established an event • Compliance with Human Rights privacy
philanthropic support to such management committee and a Key Expectations
engagements. welfare committee to help with
employee engagement initiatives • Consistent disclosure of
through employee training, and by economic, social, and
Key Expectations
organising other outreach environmental performance
• Undertaking need-based activities.
community infrastructure
projects
• Increasing the reach of Key Expectations
community development
programmes • Safe Workplace
• Provision of jobs and • Improved training on safety
other means of livelihood • Increased opportunities for
• Improving the grievance career growth
mechanism • Increasing the gender
diversity of the workforce
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