How should a global, diversified natural resources company respond to and prepare itself for a world that is in urgent need for solutions that can help resolve global environmental and societal challenges? How does a mining company uplift millions out of poverty and become the backbone of a country’s economic aspirations? How does a company take more than two decades of experience in turning around businesses in the metals and mining sector, imagine its next 25 years of growth ambitions?

Vedanta at
a glance

Vedanta Limited is one of the world’s foremost natural resources conglomerates, with primary interests in zinc-lead-silver, iron ore, steel, copper, aluminium, power, oil and gas. With world-class, low-cost, long-life strategic assets based in India and Africa, we are rightly positioned to create long-term value for our stakeholders with superior cash flows and our commitment to create positive, all-round impact on the communities in which we operate.

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FY 2021-22 highlights


580 MW

Renewable Energy RTC EQ


Water Positivity Rate


Fly Ash Recycled



Gender Diversity Ratio


Total Recordable Injury
Frequency Rate (TRIFR)


Attrition Rate



Nandghar Established

4.36 million

CSR Beneficiaries


~ `541 billion

Contribution to the National Ex-Chequer

` 111,311,920 million


51% y-o-y growth

` 3,58,334 million

Spend on Local* Suppliers

*Suppliers in same state


Dear Stakeholders,

At Vedanta, we have always been committed to creating value and improving lives through sustainable and responsible mining. In the past year, we took a deep dive to analyse our place in the world – and the actions we must take to fulfil our commitment to the planet, our people, our communities and our country.

Anil Agarwal, Chairman

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Dear Stakeholders,

At Vedanta, we believe that agility, simplicity and resilience will help businesses become more sustainable. To us, sustainability is an integral and non-negotiable factor that helps us foster a nurturing environment for our businesses and communities to flourish. I am pleased to present our 14th Sustainability Report, which gives our stakeholders a concise, complete, and transparent assessment of our ability to create longstanding value.

Sunil Duggal, CEO

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Transforming Communities

We believe that long-term success for our business is closely tied with the wellbeing of the communities where we operate. We aspire to work in a manner that builds trust and brings transformative and positive social impact for communities. This pillar articulates our desire to retain our ‘Social License to Operate’ in a consultative, transparent and fair manner to deliver economic and welfare gains to society.

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Key highlights

`3,995.7 million

Total social investments

4.63 million

Direct beneficiaries


Social Performance pilot completed

Aim 1

Keep community welfare at the core of business decisions

As a socially responsible organisation, we take utmost care to ensure that we cause no harm to local life and the environment. This principle of no harm is built into our commitment to responsible mining and manufacturing. We uphold human rights and the interests of potentially vulnerable communities like the indigenous people. We promote local economic growth and development, which makes us a developer of choice in the areas we operate.

Key material issues

Community Development Human Rights

SDGs impacted

Sub-goals 8.3 : Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

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Aim 2

Empowering over 2.5 million families with enhanced skillsets

At Vedanta, we are committed to delivering meaningful and sustainable social impact. We recognise our responsibility to leverage our scale and expertise to deliver positive change. Under this aim, our community development programmes focus on skilling women and youth, training farmers in agricultural and non-agricultural activities and promoting a culture of entrepreneurship. We use our resources to help improve community infrastructure and develop local leadership and agency through our support for community-owned enterprises.

Key material issues

Community Development Human Rights

SDGs impacted

Sub-goals2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists and fishers, including through secure and equal access to land, other productive resources and inputs, knowledge, financial services, markets and opportunities for value addition and non-farm employment
4.4: By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship
8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

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Aim 3

Uplifting over 100 million women and children through Education, Nutrition, Healthcare and Welfare

Better education, health and nutrition are both indicators and instruments of development. Education, for example, enhances work skills, which equips an individual to earn a living and bring change to one’s life and that of the community. At Vedanta, we promote equitable distribution of resources, promote equal access to education, healthcare, nutrition, sanitation, and so on to create opportunities for people toimprove their lives.

Key material issues

Community Development Human Rights

SDGs impacted

Sub-goals2.1: By 2030, end hunger and ensure access by all people, in particular the poor and people in vulnerable situations, including infants, to safe, nutritious and sufficient food all year round
2.2: By 2030, end all forms of malnutrition, including achieving, by 2025, the internationally agreed targets on stunting and wasting in children under 5 years of age, and address the nutritional needs of adolescent girls, pregnant and lactating women and older persons
4.1: By 2030, ensure that all girls and boys complete free, equitable and quality primary and secondary education leading to relevant and effective learning outcomes
4.2: By 2030, ensure that all girls and boys have access to quality early childhood development, care and pre-primary education so that they are ready for primary education

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Transforming the planet

As a natural resource company, we harbour deep respect for the environment. We understand that we have a role to play in minimising the negative impacts on air, water, soil, and biodiversity. We are committed to leading industry action to decarbonise the world, ensure water security for all, and embrace technological innovation to make our operations and processes environmentally responsible.

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Key highlights

`11.6 billion

Spend on improving environmental performance

~14 million

TCO2e of avoided GHG emissions since 2012


Water recycled

`2.44 billion

Savings from water and energy conservation programmes

Aim 4

Net Zero Carbon by 2050 or sooner

Climate change poses a grave risk to society, and it is the responsibility of all global actors to commit to decarbonise themselves at an urgent pace. We support the Paris Agreement to limit long-term global average temperature rise to well below 2oC and to pursue efforts to limit warming to 1.5oC. We welcome the Government of India’s decision to make India a net zero carbon economy by 2070.

Key material issues

Climate change and decarbonisation

SDGs impacted

Sub-goals7.2: By 2030, increase substantially the share of renewable energy in the global energy mix
12.2: By 2030, achieve the sustainable management and efficient use of natural resources
13.2: Integrate climate change measures into national policies, strategies and planning

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Aim 5

Achieving net water positivity by 2030

Water has been identified as a societal risk, with access to clean water emerging as one of the most critical issues affecting economic activity across the world. With many of our operations in water-stressed areas, we maintain sustained focus on efficient water use, and giving back more water to the environment than we take. Not only are we exploring less water-intensive technologies and embedding circularity in our water management, but also ensuring water security in areas where we operate by replenishing water in watersheds and other community sources.

Key material issues

Water security

SDGs impacted

Sub-goals6.3: By 2030, improve water quality by reducing pollution, eliminating dumping and minimising release of hazardous chemicals and materials, halving the proportion of untreated wastewater and substantially increasing recycling and safe reuse globally
6.4: By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity
6.5: By 2030, implement integrated water resources management at all levels, including through transboundary cooperation as appropriate
6.6: Support and strengthen the participation of local communities in improving water and sanitation management

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Aim 6

Innovations for greener business model

We believe that the metals & mining sector has a significant role to play in the transition to a low-carbon future and the emergence of a green economy. Constant innovation and adoption of technologies that improve our operational and energy efficiency and reduce our carbon footprint together with the embedding of circularity in our processes are helping us deliver on our commitment.

Key material issues

Solid waste management

Tailings management

Air quality and emissions management


SDGs impacted

Sub-goals12.5: By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse
15.1: By 2020, ensure the conservation, restoration and sustainable use of terrestrial and inland freshwater ecosystems and their services, in particular forests, wetlands, mountains and drylands, in line with obligations under international agreements
15.2: By 2020, promote the implementation of sustainable management of all types of forests, halt deforestation, restore degraded forests and substantially increase afforestation and reforestation globally
15.9: By 2020, integrate ecosystem and biodiversity values into national and local planning, development processes, poverty reduction strategies and accounts

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Transforming the workforce

The dynamic business environment, which is being shaped by rapid advances in technology, unforeseen risks like the recent public health crisis, climate change, geopolitics, and the shifting talent pool, require business organisations to have bold strategies to manage their workforce. At Vedanta, we are finding new ways to onboard talent, creating for them opportunities for continuous self-learning and designing a compelling employee experience.

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Key highlights


Training hours

1,962 (11.6%)

Women employees

Human Rights self-assessment conducted across all BUs

Aim 7

Prioritising safety and health of all employees

Our approach to occupational health and safety centres around proactive strategies that back our vision of creating a Zero Harm work environment. Through constant monitoring, training, felt leadership and worker engagement, we promote a safety culture where everyone feels responsible for workplace safety. We have empowered our workers, whereby they can decline to perform any work they feel undermines their own safety and that of others.

Key material issues

Workplace health, safety and well-being

SDGs impacted

Sub-goals8.8: Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment

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Aim 8

Promote gender parity, diversity, and inclusivity

At Vedanta, we are proud of our organisational culture that promotes inclusivity and diversity among the workforce. The diversity of experience, expertise and perspectives makes us more capable as a team and prepares us better to meet the challenges of tomorrow. Inclusivity makes each employee feel that they are a valued member of the team, thus encouraging them to bring their best to the table.

Key material issues

Diversity and equal opportunity

SDGs impacted

Sub-goals5.1: End all forms of discrimination against all women and girls everywhere
5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life
5.c: Adopt and strengthen sound policies and enforceable legislation for the promotion of gender equality and the empowerment of all women and girls at all levels

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Aim 9

Adhere to global business standards of corporate governance

We believe sound corporate governance is the bedrock of a sustainable and commercially successful business. It helps us meet our strategic goals responsibly and transparently, while being accountable to our stakeholders. A robust governance structure upholds global best practices, preserves the interests of stakeholders and ensures the integrity of the information that goes out to them.

Key material issues

Compliance to government regulations

Ethical business practices

Governance for sustainability

Risk management

SDGs impacted

Sub-goals8.7: Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms
16.7: Develop effective, accountable and transparent institutions at all levels

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Vedanta intends to become an ESG leader in the natural resources sector. Our ESG strategy intertwines with our business growth plans. As the world transitions towards a low-carbon economy, the demand of metals and minerals is expected to grow significantly. Vedanta produces nine out of the 17 metals & minerals that will lay the foundation for green technologies such as Electric Vehicles, solar, and wind power generation, and battery storage. It is in this context that our refreshed vision takes on new meaning. Our goal is to produce these metals responsibly.

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Our ESG scorecard

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.

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