Over the years, we have collaborated with national and international organisations to implement best-in-class practices, adopt the latest technologies and bolster our innovation capability. We do so to further our economic stewardship, deliver on our social responsibility and make our governance more robust. Here’s a summary of the targets we have set for ourselves for the future and our performance against those set goals.
Key performance indicators |
FY2025 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| Impact Management |
Zero social incidents category 4 and above |
1 Category 4 social incident |
8.3 |
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| Transparency & Trust |
Signatories and participants on VPSHR |
Work to begin in FY2023 |
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| Transparency & Trust |
Set up an external SP advisory body |
External ESG Advisory Body established with three global experts |
Community Development |
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| Transparency & Trust |
Annual human rights assessment across all the businesses |
Human Rights self-assessment conducted across all BUs |
Key performance indicators |
FY2030 Goals |
Material matters |
UN SDGs |
| Skilling |
2.5 million families to be impacted through skill development and training by 2030 |
Community Development |
2.3, 2.4, 4.4, 8.3 |
Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
| Nand Ghar |
29,000 Nand Ghars constructed by 2025 |
3,262 Nand Ghars completed by FY2022 MoU for establishing 25,000 Nand Ghars by 2025 signed with the Government of Rajasthan |
Community Development |
2.1, 2.2, 4.1, 4.2 2.3, 2.4, 4.4, 8.3 |
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| Education, Nutrition, Healthcare and Welfare |
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100 million women and children to be uplifted through Nand Ghars, educational by 2030 |
Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| Absolute GHG Emissions |
25% reduction in absolute emissions by 2030 (baseline: FY2021) |
4.19% increase in GHG emissions |
7.2, 12.2, 13.2 |
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| GHG Emissions Intensity |
20% reduction in GHG intensity of metals business (baseline: FY2021) |
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4.85% reduction in GHG intensity of metals business |
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| Renewable Energy |
500 MW RE RTC or equivalent by 2025 |
2.5 GW of RE RTC or equivalent by 2030 |
464 MW RTC equivalent used |
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| LMV Decarbonisation |
50% LMVs to be decarbonised |
100% of LMVs decarbonised by 2030 |
*New Target* |
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| Energy Savings |
Achieve energy savings of 10 million GJ |
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3.8 million GJ of energy saved |
Climate Change and Decarbonisation |
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| Capital Allocation for Transition |
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Aim to spend US$5 billion by 2030 to accelerate transition to net-zero |
*New Target* |
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| Hydrogen as a Fuel |
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Commitment to accelerate adoption of hydrogen as a fuel and seek to diversify into H2 fuel or related businesses |
*New Target* |
Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| Net Water Positivity |
Net water positivity |
Water positivity ratio: 0.48 |
6.3, 6.4, 6.b |
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| Water Consumption |
15% reduction in freshwater consumption (Baseline: FY2021) |
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*New Target* |
Water Management | ||
| Water-related Incidents |
Zero category 5 incidents related to water |
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| Water Recycling |
10% increase in the water recycling rate (baseline: FY21) |
Water recycling rate: 30.6% |
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Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| Fly ash |
Sustain the fly ash utilisation at 100% |
Fly ash utilisation: 115% |
12.5 |
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| Legacy Fly ash |
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Zero legacy ash |
*New Target* |
Solid Waste Management | ||
| Waste Utilisation |
100% low toxicity, high volume generated waste to be utilised |
HVLT Utilisation: HVLT |
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| Tailings Dam Audit and Findings Closure |
All tailing facilities audited and critical actions closed with real-time monitoring |
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98% of Golder’s Audit observations closed |
Tailings Dam Management |
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| Biodiversity Risk |
Review of site biodiveristy risk across all our locations |
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To be undertaken in FY2023 |
Biodiversity |
15.1, 15.2,
15.9 |
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Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| Fatalities |
Zero fatalities |
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Fatalities: 12 |
8.8 |
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| TRIFR |
Reduce TRIFR by 30% from 2021 baseline |
1.04 TRIFR per mn man hours by 2030 |
TRIFR: 1.40 |
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| Occupational Health Management Systems |
Health performance standards implemented and part of VSAP |
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| Exposure Monitoring |
Employee and community exposure monitoring to be completed |
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To be undertaken in FY2023 |
Health and Safety |
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| Exposure Prevention |
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No employee exposure to red zone areas by 2030 |
*New Target* |
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| Employee Wellbeing |
Mental health programme in place for all employees |
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| Employee Wellbeing |
100% of eligible employees to undergo periodic medical examinations |
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Key performance indicators |
FY2025 Goals |
FY2030 Goals |
FY 2022 performance |
Material matters |
UN SDGs |
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| % Of Women in the Workforce |
Equal Opportunity for everyone |
Gender diversity (Full- time employees): 20% |
Gender diversity 11.63% |
5.1, 5.5, 5.c |
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| % Of Women in the Workforce |
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Gender diversity in leadership roles (Full- time employees): 40% |
Gender diversity in leadership roles: 29% |
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| % Of Women in the Workforce |
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Gender diversity in decision-making bodies (Full-time employees): 30% |
Gender diversity in decision-making bodies (Full-time employees): 27% | |||
| % Of Women in Technical Leader/ Shop-floor Roles |
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Gender diversity in technical/shop- floor roles (Full-time employees): 10% |
*New Target* |
Diversity and Equal Opportunity |
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| Share of women in all management positions, including junior, middle and top management (as % of total management positions) |
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18% |
15.15% |
Key performance indicators |
FY2030 Goals |
FY 2022 performance |
Material matters |
| Share of women in all management positions, including junior, middle and top management (as % of total management positions) |
23% |
16.20% |
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| Share of women in top management positions, i.e., maximum two levels away from the CEO or comparable positions (as % of total top management positions) |
12% |
7.72% |
Diversity and Equal Opportunity |
| Share of women in management positions in revenue- generating functions (e.g., sales) as % of all such managers (i.e., excluding support functions such as HR, IT, Legal, etc.) |
14% |
11% |
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| Share of women in STEM-related positions (as % of total STEM positions) |
13% |
10.14% |
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Key performance indicators |
FY2025 Goals |
FY2030 Goals |
Material matters |
UN SDGs |
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| Safety Programme for Business Partners |
Rubaru to be introduced at all Business Units across Vedanta |
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8.7 |
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| Supply Chain GHG Transition |
Work with our long- term Tier 1 suppliers to submit their GHG reduction strategies |
Align our GHG reduction strategies with our long-term Tier 1 suppliers |
Supply Chain Sustainability | ||
| Training on Code of Conduct |
Continue to cover 100% employees in code of conduct training |
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| % Independent Directors on Board |
Minimum 50% Independent Directors on Board as per SEBI requirements |
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| % Of Gender Diversity on the Board |
25% gender diversity on the board |
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