TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE Bringing in systemic change, with an ESG focus They also act as very powerful role models and drive corporate ESG efforts with a lot of enthusiasm. It has been proven that Message from Priya Agarwal Hebbar organisations with more gender diverse staff, more effectively promote sustainable At Vedanta, we continue to build long-term value one-fifth of our workforce are women. These • Nearly 67% of our plants are in practices. for our stakeholders while working to position definite goals showcase the priorities that we water-stressed areas. In FY23, Vedanta The natural resources and mining industry ourselves as a sustainability leader in the natural hold close to our hearts – ensuring cleaner air, recycled 77 billion litres of water, has historically been a male-dominated area. resources industry. We are living at a defining reduced global warming, abundant water and a equivalent to the annual water Breaking this trend, in the last one year, Under our "Transforming for moment in human history where the impact of fairer society. By doing so, we will also de-risk consumption of nearly 3 million people in women in STEM roles have gone up from Good" vision we also have industrialization and ecological disorder is all our business and create greater self-sufficiency rural India. Four of our business units are 13% to 16% within our company. Our several key social goals around us. Twenty first century business leaders and resilience. already water positive. We also reduced subsidiary HZL now boasts of India’s first covering diversity and must break from the past to establish our freshwater consumption by 11.32% female underground mining engineers. To inclusion, education, primary carbon-light, socially supportive ways of growth Today, the role of ESG in strengthening from the baseline FY 2021. Several assist women in getting better aligned with healthcare, sanitation and and progress. This puts ESG at the center of business resilience, cost conservation and alternative water sources like municipal the industry’s role requirements, we have hygiene, livelihood creation and corporate decision-making. profitability are well accepted. We have been on wastewater, saline water and rainwater been providing 2X training to women wildlife conservation and the ESG integration journey for more than a harvesting are being harnessed. employees compared to their male Defining new industry standards decade now and each day we work rigorously, counterparts in FY2023. We are thrilled to be animal welfare. Vedanta has been a frontrunner in practicing inching closer to our goal of being one of the Under our "Transforming for Good" vision setting such positive precedents that ESG-centred thinking. We are one of the largest ‘greenest’ and most ‘people oriented’ metals we also have several key social goals contribute to greater gender parity at the natural resources companies in the world, and and mining producers. We are proud of all that covering diversity and inclusion, education, workplace. As a part of promoting a diverse produce nine out of the 17 transition metals that we have so far achieved: primary healthcare, sanitation and hygiene, and inclusive workplace, we are also green manufacturing and carbon-light • Our GHG intensity (TCO e/INR Mn) has livelihood creation and wildlife conservation consciously encouraging regional diversity technology solutions will need to metamorphose 2 and animal welfare. Along with charting a reduced by nearly 30% against a FY2021 greener way forward for our nation’s growth, and are trying to recruit talent from different the present towards a more sustainable future. baseline we are also helping to realize India’s social geographic areas. Establishing an We view our role as an active agent in making LGBTQ+friendly atmosphere is another this future a reality. As an industry leader, we • RE usage has increased 14 times since priorities of creating a healthier and more FY20. We target spending USD 5 billion equitable society. priority. In support of our diversity and have been actively incorporating sustainability towards reaching our goal of net zero inclusion emphasis, we are also and extensive ESG orientation into our operations. Creating greater equality, building communicating with our employees through operations, community outreaches and a better workforce open platforms that promote honest corporate practices. Our vision of Transforming • Apart from progressive fleet exchange of viewpoints and enable us to for Good is focused on integrating all-round decarbonization, we have introduced an We have made great progress in promoting better understand their problems. sustainability within our process technologies, to industry-leading EV purchase policy for all women's representation in leadership progressively lighten long-term adverse impact. our employees to incentivize electric vehicle positions, including CXO positions. This is a Maintaining a safe work environment is a top We have our sights set on 2030, for reaching purchase, which reflects our 360-degree welcome move on several counts – not only priority for our company to ensure workforce multiple ESG goals. By that time, we have approach to ‘greening’ our impact does it benefit women and give them well-being and optimal productivity. This committed to reducing 25% of our GHG greater empowerment, the organization commitment is fundamental for our emissions, decarbonizing our transportation • The introduction of our carbon-light product benefits immensely too as these women lines, kicked off by Restora and Restora Ultra organizational growth. In FY 2023, the fleet, running 2.5 GW-worth of our operations on aluminium options, gives a preview of the bring in richness of perspectives and novel company reported 13 fatal incidents. In RTC-RE, becoming 100% water positive, planting many more innovative green products being viewpoints. response, we have greatly strengthened our Priya Agarwal Hebbar more than 7 million trees (as a part of WEF’s One developed, including green copper. Critical Risk Management programmme for Non-Executive Director Trillion Trees programme) and ensuring that 20