TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE Human Rights Given the nature of our industry, human rights Cultural Rights (ICESCR), International Bill of standards as well as applicable been developed in reference to the International assume great significance. We are sensitive to the Rights, and ILO. We report on the potential impact statutory requirements concerning Finance Corporation (IFC) Performance need for following high standards of human rights of our operations on human rights and outline business integrity, labour and human Standards and International Council on Mining within our business and are dedicated to our methods for recognizing and minimizing rights, health, safety and environment and Metals (ICMM) guidelines. safeguarding these rights throughout our value associated risks. In 2023, Vedanta initiated the chain. Human dignity and the dignity of work is well revision of our Social Performance Standard, Human Rights Training aligned with our core values and central to the encompassing human rights prerequisites. This vision. Vedanta’s reputation and relationships with move facilitates collaboration with our Annual training programmes are held to 81% employees, local communities, suppliers, stakeholders to further advance our commitment acquaint employees and contractual People trained on customers, investors, governments, is directly to upholding human rights.Further, we are a workers with our Human Rights policy Human Rights influenced by our human rights actions. member of the United Nations Global Compact and Code of Business Conduct and and abide by its 10 principles. Ethics. This is to make our employees Violations of human rights can lead to reputational and contractual workers aware of their damage, legal disputes, and strained relationships. By articulating our human rights approach in an rights and responsibilities and ways of 818 On the other hand, when we respect human rights, inclusive way, the policy also serves as a recourse in case of infringement of Suppliers Assessed uphold the dignity of labor, ensure fair treatment guidance on issues pertaining to labour rights rights. The trainings are also aligned for our workforce, and provide a safe and secure and industrial elations, and aids strategic with our guidance notes, which have working environment, we foster trust, cultivate a decision-making. social license to operate, and establish a foundation for sustainable business practices. Our pursuit of being the gold standard for workforce-focused policy development does not Human Rights Due Diligence Process This exercise covers our own operations, our Upholding high values through our Human end here. We also take cognizance of the Modern To minimize the risk of human rights value chain and other activities related to our Rights Policy and Code of Conduct Slavery Act, and have been complying with the infringements, we conduct a business. Human Rights due-diligence is an Vedanta’s core value of Respect finds reflection in Modern Slavery Act (UK) or MSA since 2016. We company-wide due diligence exercise integral part of our risk assessment process our approach to human rights. Driven by the conduct periodic and systematic updates and bi-annually to systematically identify when acquiring new business relations(of objective of setting an industry benchmark in the audits to ensure that our vendors and supply potential human rights risks and their entities that are part of the Group by virtue of area of human rights, the policy was updated in chain are entirely free of slave labour. Each of our likely fallout. mergers, acquisitions, joint ventures etc.). 2023 and is recognized and applied across the vendors and suppliers are mandated to provide a company. The 2023 update was developed in MSA self-declaration. consultation with external and internal experts, Our Code of Business Conduct and Ethics Tracking and communicating Integrating findings reviewed by the Company's HSES and ESG (COBE) is aligned with all relevant national laws performance and potential impacts ManCom's respectively and members of Vedanta's and regulations. Every year, all employees and Senior Management Team, and approved by business partners have to give a positive Vedanta's Board of Directors. Vedanta affirmation that they continue to adhere to the incorporates human rights considerations into its Assessment of actual strategies for social management, environmental requirements of COBE. Additionally, COBE is a and potential impacts management, health and safety, security, and mandatory part of our contract agreeements and (i.e. human rights risk human resources. Our policy adheres to the our business partners have to abide by the as Remediation of Our effective assessment) United Nations Declaration on Human Rights, UN well. adverse impacts human rights due diligence process Guiding Principles of Business and Human Rights Our Supplier Code of Conduct helps ensure that Commitment to (the Ruggie Principles), Universal Declaration of all third parties, including their employees, agents Vedanta Human Rights Human Rights (UDHR), the International Covenant and representatives who have a business & Labor Rights Policy on Civil and Political Rights (ICCPR), and the relationship with Vedanta, are bound by industry International Covenant on Economic, Social, and 44