TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE Dear Stakeholders,• Inclusion of members from the Maximizing water use efficiencythat will have the greatest impact on our To ensure that our efforts towards I believe that with our substantial and transgender community into our Nearly 67% of our plants are located in water usage. inclusivity are sustained and impactful, we comprehensive action plans already rolled At Vedanta, we strive to establish ourselves as a workforce, water-stressed areas, which underlines have established our first Diversity and out, Vedanta is well-positioned to be a sustainability leader in the natural resources • Submission of a pledge to plant 7 million the need for systematic and scientific In line with our commitment towards Inclusion (D&I) Council. This effort, coupled leader of choice for customers, employees, sector while we continue to create long-term trees, making us the first South Asian and management and conservation of this becoming fully water-positive, we have with the launch of the People Community of business partners, and stakeholders, all value for our stakeholders. Given the dynamic Indian metal and mining company to do precious resource. We are pleased to collaborated with TUV-SUD to develop a Practice, aims at incorporating globally working towards a sustainable future. shift in customer requirements, it is imperative so, and report that in FY 2023, we have already roadmap for successfully achieving this benchmarked HR practices to build a more that we stay ahead of the curve while also • Establishment of dedicated ESG forums reduced our net freshwater goal. Through this partnership, we are equitable workplace. instituting the change processes to achieve a across business units, which is a first for consumption has decreased by more confident that we will continue to make a future that integrates sustainability into all our any company.than 11.32% since FY 2021 – both of positive impact on SDG 6.Moving Forward practices. This means reimagining established which are significant milestones on our Vedanta's sustainability journey has seen ways of working – right from how we extract During the year, we made considerable journey towards water positivity.Promoting Diversity, Inclusivity, and significant progress in establishing an ESG resources to how we engage with communities strides towards fulfilling our responsibility as Gender Parity in the Workplaceframework that is aligned with our long-term and our employees.conscientious caretakers of nature’s wealth An even greater accomplishment for us Creating equal opportunities for all goals. We are pleased to inform our through our enlightened environmental this year is that we have become employees, regardless of their gender, race, stakeholders that our achievements in the Our goal of decarbonizing Under our “Transforming for Good” vision, we impact mitigation and renewal programmes, water-positive at four of our sites, owing or sexual orientation, is critical to building a ESG space have also been recognised by work across the three pillars of Communities, and our also through our social outreach to the increased usage of renewable diverse and inclusive workforce. With this ESG rating providers. Vedanta's 100% Planet and The Workplace, and we have aligned initiatives. This is reflected in our report, energy, which has, in turn, helped to goal in mind, we have initiated several performance in the DJSI rating has nine discrete organisational aims under these which underscores our commitment to reduce water consumption significantly. significant programmes that aim to revamp significantly improved this year, with our of our LMV fleet by 2030 pillars. The articulation of these aims has helped sustainability across all areas of our In addition, we have installed zero liquid the composition of our workforce and score rising from 62 to 76, across all three and 75% of our mining fleet to give definite shape to our sustainability efforts, operations.discharge plants and sewage treatment cultivate a culture of inclusiveness. ESG dimensions. As a result, the Group has by 2035 is driven by the and we use them as a base for formulating micro plants at various locations to accelerate secured the sixth position in the global targets, designing appropriate interventions and Achieving Net-Zero Carbon our journey towards water positivity. In FY 2023, our talent management sustainability rankings for the metals and adoption of electric fleets leveraging interlinkages to achieve holistic Currently, we recycle 31% of the water programmes were led by the target of mining sector. outcomes. Emissionswe use, but there is still a long way to go.recruiting more than 50% women With our purpose and values firmly in mind, we We remain resolute in our efforts towards a employees in the workforce. The drive to The efforts of our 14 Communities of have made good progress in FY 2023 against our sustainable future and will continue to take As an additional lever of change, we create a more gender-balanced workforce Practice have been instrumental in driving three strategic pillars, and I am delighted to significant action to reduce our carbon have stepped up on improving our is taken a step farther by our V-Lead our sustainability agenda forward, and we present some of the major achievements of the footprint. With a target of achieving net-zero operational efficiencies, and digitally programme, which aims to identify are confident that their continued efforts year.carbon emissions by 2050 or earlier and a mapping our water consumption, high-performing women employees for CXO will help us achieve our 2030 ESG targets 25% absolute reduction in greenhouse gas thereby reducing overall water roles. Our Ambavgarh Dialogue annual quicker. These include:emissions by 2030, we have developed a consumption. The Dariba Smelting programme, which grooms high-performing 67% • The introduction of our eco-friendly aluminium comprehensive four-lever strategy focused Complex is a prime example of how women employees for the next level has, in The coming decade will be the most of our plants are located product line, on renewable energy, fuel switch, energy digital mapping is helping us identify fact, earned recognition from industry challenging one for the metals and mining • Successful implementation of electric vehicles and process efficiency, and carbon offsets. areas where we can reduce water associations like the Society for Human industry, but we also believe more in water-stressed areas in our underground mines and shop floors, It is an enormous undertaking, and we have consumption. In this way, we can make Resource Management (SHRM) and opportunities will emerge than risks, giving laid out a phased plan against which we are informed decisions and prioritize actions PeopleFirst. us greater leverage to drive long-term value. • Initiation of a 100% renewable making steady progress. energy-powered plant, 23