TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE They also act as very powerful role models prioritizing critical risks and are overhauling our such awareness can help to reduce animal-borne infections and diseases while and drive corporate ESG efforts with a lot of safety standards. We already have an elaborate recognizing the importance of animal well-being. Last year, we have also launched a enthusiasm. It has been proven that Safety Monitoring and Management framework in vulture recovery programme at HZL aimed at conservation of this critical organisations with more gender diverse staff, place with 17 safety performance standards and 20 scavenging species. more effectively promote sustainable health and safety technical and management At Vedanta, we continue to build long-term value one-fifth of our workforce are women. These practices. standards. We are meticulously evaluating the We acknowledge the significance of ESG and CSR considerations not only as a for our stakeholders while working to position definite goals showcase the priorities that we weaknesses in the system to prevent loss of lives at moral obligation but also as a vital common ground that can enable the long-term ourselves as a sustainability leader in the natural hold close to our hearts – ensuring cleaner air, The natural resources and mining industry any cost and create a fool-proof system.sustainability of our business. We actively engage with our various stakeholders, resources industry. We are living at a defining reduced global warming, abundant water and a has historically been a male-dominated area. such as regulators, investors, NGOs, and local communities to inform our view. This moment in human history where the impact of fairer society. By doing so, we will also de-risk Breaking this trend, in the last one year, Spreading the power of good through AAF helps us effectively deliver on our environmental stewardship, social progress, and industrialization and ecological disorder is all our business and create greater self-sufficiency women in STEM roles have gone up from Our diverse corporate social responsibility (CSR) good governance goals. I encourage all our employees, partners, and stakeholders around us. Twenty first century business leaders and resilience.13% to 16% within our company. Our initiatives across the areas of child nutrition, gender to join us in accepting our shared responsibilities so that we can ensure that our must break from the past to establish subsidiary HZL now boasts of India’s first equality, livelihood generation and animal welfare are mining operations make a positive contribution to society while minimizing any carbon-light, socially supportive ways of growth Today, the role of ESG in strengthening female underground mining engineers. To offered under the Anil Agarwal Foundation (AAF). We adverse impacts. and progress. This puts ESG at the center of business resilience, cost conservation and assist women in getting better aligned with have invested approximately USD 240 million in corporate decision-making.profitability are well accepted. We have been on the industry’s role requirements, we have socio-economic development projects across India, the ESG integration journey for more than a been providing 2X training to women and this year we have successfully improved the lives Defining new industry standards decade now and each day we work rigorously, employees compared to their male of around ~42 million individuals across 1300 villages inching closer to our goal of being one of the counterparts in FY2023. We are thrilled to be in the country. Furthermore, AAF has committed to Vedanta has been a frontrunner in practicing ‘greenest’ and most ‘people oriented’ metals setting such positive precedents that contributing USD 600 million over the next five years ESG-centred thinking. We are one of the largest and mining producers. We are proud of all that contribute to greater gender parity at the to further social impact endeavours. Our flagship natural resources companies in the world, and we have so far achieved:workplace. As a part of promoting a diverse initiative Nand Ghar uses the pre-existing produce nine out of the 17 transition metals that and inclusive workplace, we are also government network of anganwadi or childcare 44 16% green manufacturing and carbon-light • Our GHG intensity (TCO e/INR Mn) has consciously encouraging regional diversity technology solutions will need to metamorphose 2 centres and we have successfully modernized more reduced by nearly 30% against a FY2021 and are trying to recruit talent from different than 4,500 anganwadis nationwide. This network is million community women in the present towards a more sustainable future. baselinegeographic areas. Establishing an available even in the remotest parts of India, and the members in India and our STEM roles 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 modern anganwadis offer 24×7 solar electricity, countries of operations (up from 13%) FY20. We target spending USD 5 billion priority. In support of our diversity and clean and hygienic toilets, and water purifiers. have been actively incorporating sustainability towards reaching our goal of net zero inclusion emphasis, we are also E-learning-based pre-school education, and extensive ESG orientation into our operations. communicating with our employees through comprehensive nutrition programmes and healthcare operations, community outreaches and open platforms that promote honest and hygiene support, is being provided through corporate practices. Our vision of Transforming • Apart from progressive fleet exchange of viewpoints and enable us to these centres, along with livelihood support for Invested approximately for Good is focused on integrating all-round decarbonization, we have introduced an better understand their problems. sustainability within our process technologies, to industry-leading EV purchase policy for all women. I am happy to report that this year, as a result progressively lighten long-term adverse impact. our employees to incentivize electric vehicle Maintaining a safe work environment is a top of such efforts, we have made a positive difference in USD 240 We have our sights set on 2030, for reaching purchase, which reflects our 360-degree priority for our company to ensure workforce the lives of 44 million community members in India multiple ESG goals. By that time, we have approach to ‘greening’ our impactwell-being and optimal productivity. This and our countries of operations. million committed to reducing 25% of our GHG commitment is fundamental for our emissions, decarbonizing our transportation • The introduction of our carbon-light product The significance of animal welfare and conservation in socio-economic development lines, kicked off by Restora and Restora Ultra organizational growth. In FY 2023, the within CSR initiatives is often overlooked and fleet, running 2.5 GW-worth of our operations on aluminium options, gives a preview of the company reported 13 fatal incidents. In deserves more attention. It is crucial to embrace the projects across India RTC-RE, becoming 100% water positive, planting many more innovative green products being response, we have greatly strengthened our "One Health" approach, which emphasizes the more than 7 million trees (as a part of WEF’s One developed, including green copper.Critical Risk Management programmme for interconnectedness of people, animals, plants, and Trillion Trees programme) and ensuring that 21