TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE STAGE 4: Implementation and monitoring We create customized protocols for corporate and legal requirements and uses the Mitigation Approach biodiversity and ecosystem services GRI Mining and Metals Performance Indicators Transform management that is specific to each site. as reference points. These protocols keep evolving based on our Net positive Additional impact conservation examination of existing Best Management BMP monitoring entails: actions Practices (BMP) and procedures, as we seek • Collection of data on the implementation of to address incremental and emerging activities and outputs, according to the Residual Offset Offset requirements. These protocols are + impact developed in alignment with global best action plan; Biodiversity No net loss values Biodiversity Biodiversity Biodiversity Biodiversity practices and are constantly informed by our • Collection of data on the delivery of results - impact impact impact impact No Net Loss vision, ensuring that the bigger and impacts according to the indicators goal of neutralizing net impact on identified in the logical framework/monitoring biodiversity over the longer term, remains and evaluation activity/ programme; Restoration Restoration Restoration consistent. Each Vedanta site develops • Collection of data on the indicators specified performance indicators on the basis of Minimization Minimization Minimization Minimization in the BMP. Sites adjacent to areas of high biodiversity value Avoidance Avoidance Avoidance Avoidance Avoidance Business Unit Site Location Area of Biodiversity Value Area (Ha) Aluminium Vedanta Lanjigarh Lanjigarh, India Niyamgiri, Khambesi 833 ESL Steel Bokaro Plant Near Bokaro, Notified forest 540 Limited Chattisgarh adjacent to the plant Zinc Skorpian Zinc Rosh Pinah, Sperrgebiet 1,705 International Namibia National Park Black Mountain Aggeneys, Succulent Karoo 23,997 Mines South Africa Biodiversity Hotspot BMM - Gamsberg Gamsberg, Succulent Karoo 15,205 South Africa Biodiversity Hotspot Total 42,281 Biodiversity Mitigating Actions are the final resort for compensating for any The underlying objective behind these such impacts that remain after all possible extensive screening and evaluation exercises avoidance and mitigation measures have been is the avoidance or mitigation of negative implemented. Net positive gains achieved biodiversity impacts, and these are through offsets are designed to rebalance any implemented on priority. Biodiversity offsets critical habitat impacts that cannot be avoided. 80