TRANSFORMING TRANSFORMING TRANSFORMING SUSTAINABILITY REPORT FY 2023 COMMUNITIES THE PLANET THE WORKPLACE Occupational Health and Safety Performance Safety Management Despite our ongoing efforts to achieve the We have identified three key levers for Each business unit CEO is personally Our safety committees play a vital role in ambitious goal of zero fatalities, in FY 2023 we enhancing our safety performance and responsible for specific risks, and a driving and assessing safety performance regrettably experienced 13 fatalities. In preventing fatal injuries in future. well-defined governance structure has within our organization. With the objective of response, we have conducted comprehensive been implemented. Further, we are in creating a zero-harm work environment, we investigations into each accident to identify These are: the process of standardizing risk promote a safety-first culture where every the root cause and prevent recurrence, at any procedures, and uniform risk-specific individual is responsible for workplace safety. cost. After thorough analysis of the findings, • Critical Risk Management practices are soon to be rolled out All leaders are expected to exemplify the the top three causes of fatalities have been While our safety initiatives have across all divisions of Vedanta. Risk highest levels of safety discipline in their identified as man-machine interaction, vehicle successfully improved our injury rates, champions have been involved in the driving, and structural stability. Further, as a the occurrence of fatalities are still a design and control of these respective areas so that they can serve as preventive measure we have also established big concern. To counter this, we have risk-specific practices. Risk champions direct role models for those below them. In a detailed mechanism for investigating every introduced a comprehensive Critical are from different BUs and they base cases of recurring safety violations or fatal accident that occurs onsite. As a part of this Risk Management (CRM) programme their suggestions for improvement or incidents, we enforce strict consequences mechanism, each incident will be examined by throughout our organization. CRM new design on their in-depth for our management teams. a senior leadership team member, appointed takes a risk-based approach based on understanding of existing controls and by the Group Executive Committee. The proven ICMM 9-step methodology. This factors contributing to fatalities. Regular and comprehensive training is findings and conclusions from these initiative aims to identify and evaluate Further, design workshops on four conducted in various safety domains for all investigations will then be promptly critical risks, as well as measure, different risks have already been levels of our workforce to ingrain a safe work monitor, and report on the completed. The complete programme culture. Our safety leadership actively disseminated horizontally across all Business effectiveness of control measures. We is expected to be rolled out by the first collaborates with site in-charges and their Units (BUs), ensuring that the lessons are have partnered with global experts for quarter of FY 2024, taking us closer to safety officers, to regularly upgrade their skill learned quickly and disseminated effectively. deploying this programme and it is our zero-harm workplace goal. development, thereby once again, reinforcing Over the past two years, our Lost Time Injury being run across all our BUs. Under a robust safety culture at our sites. CRM, we have identified 13 critical risks • Improving safety infrastructure Frequency Rate (LTIFR) has remained constant across Vedanta, based on trends and We understand the significance of at 0.58. In FY 2023, the Total Recordable Injury fatalities observed over the past 10 ensuring a secure working environment Frequency Rate (TRIFR) for Vedanta was 1.22, years. For 9 out of 13 of these critical for our staff and have made it a top which reflects a steady decline from the 1.44 risks, control designs have already priority to enhance our safety recorded in FY 2022. This indicates a been developed, and we have infrastructure. Our efforts include the favourable decrease in the frequency of successfully rolled out 6 critical risk installation of designated walkways recorded injuries within the organization. controls across the company with the equipped with guiding rails, marked help of the external consultant team. roads with traffic signals, and dedicated BU leadership continues to emphasise on three lanes for ash dumpers. Our main focus areas: In FY 2023, vehicle-pedestrian objective is to eliminate any potential fatal injuries caused by inadequate • Visible felt leadership segregation, man-machine interaction, safety infrastructure. and work at heights were identified as • Safety-critical tasks three critical risk areas for work onsite. • Managing business partners 86