About the report
We stand for trust and commitment to all stakeholders as a part of our journey towards a more sustainable future. In furtherance of that purpose, we consider it imperative to share insights into our progress, milestones, challenges and prospects with all our stakeholders annually.
The Vedanta Limited Sustainability Report 2021- 22 outlines our (Vedanta Limited) approach in integrating sustainability into our policies, structure, management and operations, and provides insights into our strategies. This report also highlights the economic, environmental and social aspects of the developments and operations. Our aim is to share our sustainability commitment with various stakeholders, including employees, investors, customers, business partners, suppliers and lenders, the community, and the government.
SCOPE AND BOUNDARY
This report is an annual publication and provides material information relating to our sustainability performance, material risks and governance for 100% of our business. It covers the reporting period from 1 April 2021 to 31 March 2022. It provides holistic information on Vedanta Limited, a subsidiary of Vedanta Resources Limited
This report provides insights into our operations across all our business units namely zinc-lead-silver, oil & gas, aluminium, power, iron ore, steel, and copper. Our assets are located across India, South Africa and Namibia, and across the value chain comprising exploration, asset development, extraction, processing and value-accretion activities.
THIS REPORT PERTAINS TO
| Business Unit (BU) | Sector | Locations |
|---|---|---|
| HZL VZI |
Zinc |
Rajasthan South Africa, Namabia |
| Vedanta Ltd Vedanta Ltd Balco |
Aluminium |
Jharsuguda, Odisha Lanjigarh, Odisha Korba, Chattisgarh |
| Sterlite Copper | Copper |
Tuticorin, Tamil Nadu Silvasa |
| TSPL | Power |
Mansa, Punjab |
| Cairn Oil & Gas | Oil and Gas |
MBA, Barmer RJ Gas Suvali, Gujrat Rawa, Andhra Pradesh |
| SESA Iron Ore | Iron Ore |
Goa Karnataka Vizag |
| ESL | Bokaro, Jharkhand | |
| FACOR | Fero Cromite |
Bhadrak, Odisha |
FRAMEWORK ADOPTED IN THIS REPORT
- Global Reporting Initiative (GRI): in accordance with the core option
- United Nations Sustainable Development Goals (UN SDGs)
- United Nations Global Compact Principles (UNGC)
- National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of business (NVG-SEE)
DATA COMPILATION METHODOLOGY
Data presented in this report is sourced from respective corporate functions at business units. All calculations and underlying assumptions involved have been explained throughout the report wherever applicable. The GRI content index has been presented at the end of the report. This report has been prepared in accordance with the GRI Standards: Core option.
APPROACH TO MATERIALITY
Individuals or organisations showing an interest in, or/ and whose actions impact our strategic implementation are our stakeholders. We consistently engage with different stakeholder groups to actively respond to their concerns and issues. This report consists of information that will be of interest to our stakeholders. It helps us discuss and resolve matters that impact our ability to create value over the short, medium and long term.
ASSURANCE
We safeguard the quality of information contained in this report through a robust assurance process, leveraging our internal expertise and external assurance carried out by Ernst & Young Associates LLP, an independent thi=rd-party assurance provider. You can find our Assurance Report on page 140.
Please email your suggestions, views and opinions to esg@vedanta.co.in