
Sustainable Development is an integral part
of our business. We are committed to
continuous improvement in our
sustainability performance, as outlined in
our policies, as we recognise that the
well-being of our communities and a healthy
planet are key to the sustainable
development of our business.
We are committed to managing and
minimizing the environmental, social and
occupational risks and impact of our activities.
We encourage use of energy- and water-efficient
technologies, conduct environmental
impact assessments to understand potential
and actual impact and plan for managing the
environmental, social and economic aspects in
our expansions and new projects.
Vedanta recognises the importance of being
open, transparent and accountable. Having
an open dialogue and working closely with
our local communities is an important
element of our social license to operate.
As a part of our Sustainable Development
communication and reporting systems,
over the years, we have developed a
dedicated Sustainability Microsite,
and enhanced our reporting to GRI A+ level.
The information within this section of the
Annual Report is an outline of our
sustainable development policies, systems
and performance.
Governance for Sustainability
We have a well defined sustainability
framework that comprises governance
structures and policies. Our Sustainable
Development processes are overseen by a
Board-appointed Health, Safety and
Environment (HSE) committee, chaired by
Mr. Naresh Chandra, Senior Independent
Director. Other members include senior
executives across our various businesses.
The committee has its own well defined
terms of reference and reports directly to the
Board. The committee meets quarterly and
guides our sustainable development
strategy, sets annual targets and monitors
progress in line with our HSE and social
policies with a clear focus on integrating
sustainability into our decision making
process. The committee’s agenda is then
taken forward by senior management at
each site. They are supported by
sustainability professionals who are
responsible for implementing this agenda.