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Home > Stakeholder Engagement and Materiality > Stakeholder Engagement

Stakeholder EngagementConnecting for shared value creation

We prioritise trust and collaboration across stakeholder groups, that allows us to gain valuable insights into their concerns and respond proactively and effectively. This continuous feedback loop deepens our understanding of the broader operating context and ensures our actions remain aligned with stakeholder expectations. Further, it strengthened our decision-making and shaped our strategies to support sustainable growth and long-term value creation for all stakeholders.

VALUE DISTRIBUTED IN FY 2024-25

₹ 429 crore

CSR SPENT

₹ 3,503 crore

PAID TO EMPLOYEES

₹ 78,613 crore

LOCAL PROCUREMENT

₹ 16,798 crore

DIVIDEND DECLARED

₹ 9,914 crore

FINANCE COSTS

₹ 55,349 crore

CONTRIBUTION TO EXCHEQUERS

We have endeavoured to actively engage with our stakeholders throughout the year, addressing their concerns and striving to meet their expectations. The ensuing outcomes and impact on the quality of relationships are detailed below:

Community

Engagement methods

  • Direct engagement through community and village council meetings
  • Social impact assessments and public hearings to gauge community needs
  • Transparent grievance mechanisms to address concerns
  • Participation in cultural events to build stronger ties
  • Community development initiatives via Vedanta Foundation

Engagement objective

  • Understanding community needs by addressing concerns, aspirations, and expectations
  • Supporting local development through livelihood enhancement and socio-economic progress
  • Mitigating risks via meaningful engagement and partnerships
  • Prioritising local procurement and employment to drive economic growth
  • Respecting cultural heritage through responsible operations
  • Engaging socially and with Indigenous communities using best practices for inclusive growth

Their expectations in FY 2024-25

  • Infrastructure development through need-based local projects
  • Livelihood creation via jobs and entrepreneurship support
  • Strengthened transparency and grievance redressal mechanisms

Vedanta response

  • Community grievance process in place at all operational sites
  • 8,045 beneficiaries reached through Nand Ghar initiative

Material matters impacted

  • Community Engagement and Development
  • Indigenous People and Cultural Heritage

Outcomes

₹ 429 crore

OF CSR EXPENDITURE

~6.8 million

COMMUNITY MEMBERS BENEFITED

Employees and Workers

Engagement methods

  • Leadership engagement through Chairman’s workshops and CEO/Chairman town halls
  • Structured feedback and performance management systems
  • Regular plant-level meetings for operational alignment
  • Employee development via the V-Connect Programme
  • Inclusive initiatives like the Event Management Committee and Welfare programmes

Engagement objective

  • Performance & feedback driven by structured management and open communication
  • Workplace safety ensured through focussed training in health, safety, and sustainability
  • Career growth supported by talent recognition and skill development
  • Diversity and inclusion fostered through equitable workforce practices
  • Technology and innovation used to boost efficiency, upskill employees, and expand work opportunities

Their expectations in FY 2024-25

  • Safety & well-being through robust risk management and ongoing safety training
  • Growth & inclusion via career opportunities and a diverse workforce with higher gender representation

Vedanta response

  • Identification of top talent and future leaders through workshops
  • Gender diversity enhanced through V-Lead; regional diversity through V-Engage
  • Recruitment of global talent from leading international universities
  • Dedicated hiring drive focussed on increasing women's participation

Material matters impacted

  • Health, Safety and Well-being
  • Learning & Development
  • Data Privacy and Cybersecurity
  • Labour Practices
  • Diversity, Equal Opportunity and Inclusion
  • Human Rights
  • Technology and Innovation
  • Talent Attraction and Retention
  • Business Ethics and Corporate Governance

Outcomes

2.2 million manhours

SAFETY TRAINING HOURS

40%

OF WOMEN RECRUITED (FULL TIME)

21%

WOMEN IN DECISION‑MAKING

38 hours

AVERAGE TRAINING MAN-HOURS FOR TOTAL WORKFORCE

₹ 3,503 crore

EMPLOYEE BENEFIT EXPENSE

82%

EMPLOYEE SATISFACTION

Investors, Shareholders, and Lenders

Engagement methods

  • Investor presentations and general meetings
  • Annual General Meetings (AGM)
  • Quarterly result calls for financial updates
  • Dedicated contact channel – ir@vedanta.co.in and esg@vedanta.co.in – allowing stakeholders to raise concerns

Engagement objective

  • Governance shaped by stakeholder feedback and strategic inputs
  • Transparent communication with investors and shareholders
  • Focus on ESG priorities and responsible business practices
  • Regular updates to keep investors informed on performance
  • Shareholder insights guide financial and operational strategies
  • Transparent project execution enhances stakeholder confidence employees, and expand work opportunities

Their expectations in FY 2024-25

  • Transparency through consistent ESG disclosures
  • Open communication via regular business updates

Vedanta response

  • Sustainability assurance via VSAP and Vedanta-led audits
  • Annual disclosures including BRSR, IR, SR, Climate Action, and TNFD reports
  • Bi-weekly investor briefings and proactive ESG engagement

Material matters impacted

  • Risk Management and Controls
  • Long-term Growth and Profitability
  • Macro-economic & Geopolitical Context

Outcomes

₹ 16,798 crore

DECLARED DIVIDEND

Industry Forums, Suppliers, Customers, Business Partners

Engagement methods

  • Customer satisfaction surveys to gather feedback and drive improvement
  • Vendor scorecards to evaluate and strengthen partnerships
  • Direct engagement via in-person visits and meetings with customers, suppliers, and vendors

Engagement objective

  • Ethical practices and trust built through integrity and customer-focussed strategies
  • Innovation and product development aligned with customer needs
  • Sustainable operations via optimised logistics and timely deliveries
  • Business competitiveness driven by innovation and efficiency

Their expectations in FY 2024-25

  • Ethical conduct through adherence to the Code of Business Conduct and Ethics
  • Data privacy and security ensured through protection of sensitive information
  • Transparency and compliance in fulfilling contractual obligations

Vedanta response

  • Active hotline and dedicated email ID for whistle-blower complaints
  • Vendor meets to address supplier concerns and strengthen relationships

Material matters impacted

  • Technology and Innovation
  • Sustainable and Inclusive Supply Chain
  • Materials Management
  • Risk Management and Controls
  • Climate Change and Energy Transition
  • Data Privacy and Cybersecurity

Outcomes

₹ 76,613 crore

LOCAL PROCUREMENT

NGO and Civil Society

Engagement methods

  • Partnerships and memberships with global organisations
  • Project-specific collaborations
  • Engagement with international, national, and local NGOs
  • Participation in conferences and workshops
  • Dedicated communication channels for seamless coordination

Engagement objective

  • Impact assessment and development with NGO partnerships for CSR evaluation and growth
  • Strengthened global and national engagements through UNGC, CII, and IBBI
  • Ethical commitment aligned with SDGs, Modern Slavery Act, and National Alliance for People
  • Public health partnerships supporting community healthcare programmes

Their expectations in FY 2024-25

  • Global sustainability alignment through responsible practices across operations
  • Commitment to human rights with ethical conduct and fair treatment for all

Vedanta response

  • Alignment with Sustainable Development Goals
  • Compliance with the Modern Slavery Act

Material matters impacted

  • Human Rights
  • Community Engagement and Development
  • Biodiversity and Ecosystems
  • Climate Change and Energy Transition
  • Water and Wastewater Management
  • Circularity and Waste Management
  • Decommissioning, Closure and Rehabilitation

Outcomes

6,878

PEOPLE TRAINED THROUGH OUR SKILL TRAINING PROGRAMMES

Government/Regulators

Engagement methods

  • Participation in government consultation programmes
  • Engagement with national, state and regional government bodies at business and operational levels both directly and through industrial associations

Engagement objective

  • Supporting government initiatives through CSR, economic contributions, and nation-building
  • Policy advocacy and local engagement to drive impactful projects and DMFT fund utilisation
  • Transparent tax practices ensuring compliance and economic contribution
  • Alignment with global trade policies to boost market access and competitiveness

Their expectations in FY 2024-25

  • Complying with all the legal and regulatory requirements

Vedanta response

  • Membership in international and national organisations, including:
  • Indian Biodiversity Business Initiative (IBBI)
  • United Nations Global Compact (UNGC)
  • Federation of Indian Mineral Industry (FIMI)
  • Confederation of Indian Industry (CII)
  • Federation of Indian Chambers of Commerce & Industry (FICCI)

Material matters impacted

  • Business Ethics and Corporate Governance
  • Responsible Advocacy

Outcomes

₹ 55,349 crore

TOTAL CONTRIBUTION TO THE EXCHEQUERS

Management Committee

Double Materiality Assessment