TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE Shift towards green economy Consumer preferences have been steadily The unique quality of these products is their low GHG emissions With the launch of the Restora line of products, we have become the shifting in favour of sustainable products, as the intensity, which is much below the global threshold of 4 TCO e first major non-ferrous Indian metals producer to manufacture low ravages of climate change become more 2 carbon primary aluminium. To establish credibility and validate the tonne of aluminium. Restora is produced at our state-of-the-art devastating and governments and other aluminium smelters and uses renewable energy in its production authenticity of our products as one of the most carbon-light products international bodies seek to do more for greater processes. Additionally, Restora Ultra is crafted from recovered in the market, the Restora lineup will undergo independent verification everyday impact. For every manufacturing aluminium and is infused with the qualities of the virgin metal by a reputed global assurance firm. industry, the journey towards greater through the use of cutting edge technology. Our collaboration sustainability has a product and process aspect. with Runaya Refining, a revolutionary Indian manufacturing The successful completion of this certification exercise will make it While we have already discussed the multiple startup dedicated to resource sector innovations, has given us possible for us to take these products across the world, as an changes that our traditionally energy-intensive access to this technology. Restora Ultra boasts an even lower alternative for customers who want carbon-light aluminium options. manufacturing processes are now making, carbon footprint, ranking among the world's most carbon-light Approximately US $150 million-worth of revenues were generated product innovation is another fascinating from the sale of low-carbon aluminium in FY2023. aspect of our sustainability transformation. aluminium products. This aspect involves innovative approaches like embracing circularity through the use of reclaimed and recycled material, as well as, the As an outcome of the Restora manufacturing process, we have use of ground breaking technologies. become India's largest industrial consumer of renewable energy, Global Standard with over 2 billion units of renewable energy consumed to Vedanta realized early that a shift towards produce Restora and Restora Ultra. greater sustainability offers a rare chance to 4 TCO e/ ton break out of the box, and to imagine and of metal 2 innovate along unconventional tracks. In the process, we would gain competitive advantage, build brand distinctiveness and gain a price premium too. As a market leader, we gladly took Restora (low carbon aluminium) on the role of product stewardship that was required. 2.36 TCO e/ ton Our aluminium segment offered some exciting of metal 2 possibilities. Given the traditionally high carbon footprint of alumina processing, the potential for making significant impact was very high. In FY Restora Ultra (ultra-low carbon aluminium) 2022, we launched our first line of green aluminium products, under the brandname of 0.37 TCO e/ ton Restora. Positioned as a low carbon aluminium 2 brand, Restora offers two distinct product lines of metal – Restora featuring low carbon aluminium and Restora Ultra, featuring ultra-low carbon aluminium. 60