Climate Change Data

Vedanta Limited

Climate Impact & Sustainability Data (2007-04 to 2008-03, 2022, 2023-04 to 2024-03, 2024)

Reporting Period: 2007-04 to 2008-03

Environmental Metrics

Total Carbon Emissions:13.13 million tonnes of CO2
Renewable Energy Share:10%
Total Energy Consumption:43.10 million GJ
Water Consumption:226.50 million m3
Waste Generated:124,026,557 tonnes (solid)

ESG Focus Areas

  • Inclusive growth for our people and communities
  • Environmental management
  • Sustainable economic growth

Environmental Achievements

  • Significant reduction in specific water consumption – HZL (+12.5%), BALCO (+10%) and Sterlite’s Copper Business (+7%) for FY 2008
  • Significant reduction in specific energy consumption – HZL (+13%), BALCO (+4%), KCM (+3%) and MALCO (+2%) for FY 2008
  • Green Energy – 107 MW Wind Power commissioned to date
  • 350,000 plantation across all units in FY 2008
  • Zero-discharge rule maintained at Sterlite’s Copper business’s at Tuticorin and Silvassa
  • Over 20,000 trees planted by HZL to enhance local eco-balance

Social Achievements

  • LTIFR reduced by 24%, from 2.51 to 1.91 for FY 2008
  • Zero incidents on occupational diseases
  • 66,000 man-days of training on HSE best practices
  • Health Project Outreach to more than 1.5 million people
  • 383 villages, impacting more than 2.5 million lives
  • 781 SHGs and 10,000 women members part of thrift savings and micro enterprise
  • 11,500 community youth covered in vocational training programmes

Governance Achievements

  • Established HSE committee chaired by a non-executive director to guide sustainable development endeavors

Climate Goals & Targets

Environmental Challenges

  • Mining activities are inherently hazardous
  • High incidence of HIV/AIDS in Zambia
  • Contractor safety performance (19 fatalities, 18 involving contractor labors)
Mitigation Strategies
  • HSE management systems designed to reflect best practices and raise the bar continuously
  • Associated with consultants like British Safety Council, International Register of Certified Auditors (ICRA) and DuPont for independent assessments and improvement of safety systems
  • Increased focus on contractor training and dedicated safety officers

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3

Certifications: ISO 14001, OHSAS 18001

Third-party Assurance: KPMG

Awards & Recognition

  • Numerous awards listed in the report

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Health
  • Women Empowerment
  • Education
  • Environment
  • Sustainable Livelihood
  • Skilling
  • Community Development
  • Sports and Culture

Environmental Achievements

  • 850 households in 25 villages started using solar lanterns in place of kerosene lamps
  • Over 500 community projects have been done by the BU since the inception of the plant.

Social Achievements

  • Project Aarogya: 44% decrease in annual health expenditure; 78% beneficiaries reported improved timely services via MHU; 20% increase in beneficiaries benefitted by MHU compared to 2019.
  • Project Sakhi: 51% of women improved regular savings; 34% improved decision making in household; 32% improved access to financial services; benefitted 3,984 women households.
  • Project Child Care Centre (CCC): Over 12,000 children benefitted; health check-up conducted for 851 students in FY 2021.
  • Improved access to quality healthcare services (48%), increased awareness about WASH and hygiene (6%), improved access to clean drinking water (30%).
  • Institutional deliveries improved to 98%.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Gender gap
  • Lack of awareness on menstrual hygiene
  • High dropout rate (25%)
  • Lack of infrastructure in some primary and higher secondary schools
  • Low access to digital education
  • Lack of opportunities for employment
  • Water shortage for agricultural activities
  • Lack of FPOs
  • Need for modern irrigation methods
  • Lack of specialist doctors and life-saving equipment in healthcare
  • Air and water pollution
  • Deforestation and drought
  • Need for improved sports facilities and training
  • Lack of market linkages for artisans
Mitigation Strategies
  • Behaviour change initiatives with panchayat and men
  • Awareness generation on menstrual hygiene
  • Convergence with government schemes (e.g., Kanya Saksharta Protsahan Yojana)
  • Skilling of women workforce
  • Greater financial support to SHGs
  • Construction of toilets and concrete roads
  • Infrastructure upkeep
  • Reward recognition program and training of teachers
  • Focus on higher education
  • Short-term vocational courses
  • Establishment of FPOs
  • Modern irrigation methods
  • Capacity building programs for farmers
  • Market linkages
  • Filling infrastructural gaps in community access to medical facilities
  • Creating a hub and spoke model for telemedicine
  • Capacity building for Anganwadis
  • Training Anganwadis on use of digital technologies
  • Increase community awareness
  • Encouraging water efficient crop farming
  • Integrate vocational courses in school curriculum
  • New anchor institutes for research and faculty training
  • Localized youth fairs/placements
  • Communities should have access to facilities, training courses for sports
  • Enhancing the promotion of handicrafts and artisanal work

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Droughts
  • Floods
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 7
  • SDG 8
  • SDG 13

Not disclosed

Sustainable Products & Innovation

  • Solar lanterns
  • Clean cooking stoves

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:65.85 million tCO2e
Renewable Energy Share:1.24%
Total Energy Consumption:648.72 million GJ
Water Consumption:280 million m3
Waste Generated:29,930,371 tons
Carbon Intensity:5.66 tCO2e/Mt Metal

ESG Focus Areas

  • Climate Change
  • Water Security
  • Biodiversity
  • Community Development
  • Diversity & Inclusion
  • Safety
  • Governance

Environmental Achievements

  • Reduced GHG emissions by 6 million tCO2e in 3 years
  • 6 Business Units exceeded annual GHG emission reduction targets
  • Water positivity ratio increased to 0.71
  • CDP Water rating improved from B to A-
  • 93% total volume of waste recycled
  • 107% utilization of fly ash
  • 100% sites completed biodiversity assessment

Social Achievements

  • Empowered ~17.4 million people
  • Planted ~2 million trees
  • Annual spend for social impact: ₹4.38 billion
  • 89% employee satisfaction rate
  • 20% gender diversity in workforce
  • 31 average training hours per person
  • India’s first all-women mining rescue team at HZL
  • Launched game-changing parenthood policy (12-month sabbatical for new mothers)

Governance Achievements

  • Established anti-corruption training for all employees
  • Implemented Critical Risk Management (CRM) program
  • Launched integrated sustainability management portal (Enablon)
  • Launched Gender Reaffirmation Leaves and Compensation Policy
  • ESG criteria integrated into leadership performance appraisals

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Achieve net water positivity by 2030
  • Reduce absolute GHG emissions by 25% by 2030
  • Achieve 2.5 GW of RE RTC by 2030
  • 100% LMV decarbonization by 2030
  • 30% women in decision-making roles by 2030
Short-term Goals:
  • Reduce water consumption by 15% by 2025
  • Increase water recycling rate by 10% by 2025
  • Reduce GHG emissions intensity by 20% by 2025
  • 50% LMV decarbonization by 2025
  • Achieve 835 MW of RE RTC by 2025

Environmental Challenges

  • Supply chain disruptions
  • Climate change impacts (extreme weather events)
  • Transition risks (regulatory changes, market shifts)
  • Water scarcity in operational areas
  • Managing legacy waste
  • Maintaining social license to operate
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Increased renewable energy capacity
  • Improved water recycling and reuse
  • Implemented waste-to-wealth programs
  • Strengthened stakeholder engagement
  • Implemented Critical Risk Management (CRM) framework

Supply Chain Management

Supplier Audits: 3837 suppliers screened

Responsible Procurement
  • Code of Conduct
  • Supplier sustainability requirements
  • Modern Slavery Act compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
  • Droughts
  • Cyclones
Transition Risks
  • Regulatory changes (CBAM)
  • Market shifts
  • Increased costs of cleaner energy sources
Opportunities
  • Development of energy-efficient products
  • Growth in demand for transition metals

Reporting Standards

Frameworks Used: GRI Standards, UNGC Principles, TCFD, UN SDGs, BRSR, IIRC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Mazars Advisory LLP

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 6 (Clean Water and Sanitation)
  • Goal 13 (Climate Action)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 5 (Gender Equality)
  • Goal 3 (Good Health and Well-being)

Initiatives contribute to these goals through various ESG programs

Sustainable Products & Innovation

  • Restora Ultra (green aluminum)

Awards & Recognition

  • Vedanta Aluminium named world’s most sustainable aluminum producer
  • Hindustan Zinc named world’s most sustainable zinc producer
  • Vedanta Ltd. in top 99th percentile at S&P Global Corporate Sustainability Assessment
  • Kincentric Best Employer India 2023 Award

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:65.28 million tCO2e
Renewable Energy Share:7%
Water Consumption:280.21 million m3
Waste Generated:43.32 million tonnes (HVLT)
Carbon Intensity:6.44 tCO2e/MT (FY2023), 5.66 tCO2e/Mt Metal (FY2024)

ESG Focus Areas

  • Climate Change & Decarbonization
  • Community Engagement & Development
  • Water Management
  • Health, Safety & Well-being
  • Diversity & Inclusion
  • Sustainable and Inclusive Supply Chain
  • Business Ethics & Corporate Governance

Environmental Achievements

  • Achieved significant wins in GHG emissions intensity reduction with six BUs exceeding annual targets.
  • Increased water positivity ratio to 0.71.
  • Improved CDP Water rating from B to A-.
  • Fully utilized fly ash production and achieved near 100% reuse of HVLT waste.

Social Achievements

  • Improved employee satisfaction rate to 73%.
  • Created India’s first All-Women Mining Rescue Team.
  • Empowered more than 17 million women and children through Nand Ghar and other CSR initiatives.
  • Increased women in FTE to 20%.

Governance Achievements

  • Introduced a group-wide Critical Risk Management (CRM) programme.
  • Rolled out a fully digital, integrated HSES platform (Enablon).
  • Included climate change considerations in the employee stock option scheme (ESOS).

Climate Goals & Targets

Long-term Goals:
  • Net Zero Carbon by 2050 or sooner
Medium-term Goals:
  • Reduce GHG emissions by 25% by 2030.
  • Achieve net zero carbon emissions by 2050 or sooner.
  • Achieve 2.5 GW of RE RTC or equivalent by FY 2030.
  • Achieve 100% LMV decarbonization by FY 2030.
  • Achieve net water positivity by 2030.
  • Increase women in FTE to 20% by FY 2030.
  • Increase women in leadership roles to 40% by FY 2030.
  • Increase women in decision-making bodies to 30% by FY 2030.
  • Reduce TRIFR to 1.036 by FY 2025.
  • Implement health performance standards by FY 2025.
  • Achieve zero legacy ash by FY 2035.
Short-term Goals:
  • Reduce GHG emissions intensity by 20% by FY 2025.
  • Add 500 MW of RE RTC or equivalent by FY 2025.
  • Achieve 50% LMV decarbonization by FY 2025.
  • Reduce freshwater consumption by 15% by FY 2025.
  • Achieve 33% water recycling by FY 2025.
  • Zero fatalities by FY 2025.
  • 100% utilization of fly ash by FY 2025.
  • Complete employee and community exposure monitoring by FY 2025.
  • Implement mental health program for all employees by FY 2025.

Environmental Challenges

  • Three fatalities in 2024.
  • High GHG emissions due to energy-intensive operations.
  • Managing water resources effectively.
  • Waste management in some areas.
Mitigation Strategies
  • Implementation of a Critical Risk Management (CRM) program.
  • Deployment of Enablon, a digital HSES platform.
  • Investment in renewable energy (RE RTC) capacity addition (835 MW underway).
  • Switch to cleaner alternative fuels and carbon-light process technologies.
  • Recycling, reuse, and harvesting programs for water management.
  • Waste-to-wealth programs.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, ICMM, IFC Performance Standards

Awards & Recognition

  • Vedanta Aluminium named world’s most sustainable aluminium producer
  • Hindustan Zinc crowned world’s most sustainable zinc producer
  • Vedanta Ltd. in top 99th percentile at S&P Global Corporate Sustainability Assessment awards for 2024
  • Kincentric Best Employer India 2023 Award
  • Recognised at the 3rd National Transgender Awards
  • Vedanta Wins 8 Awards at the 37th DGMS Mines Safety Week
  • Cairn-RJ North Recognised for “Leadership in HR Excellence” at the 14th CII National HR Excellence Awards