Vedanta Aluminium brightens the lives of nearly 5 lakh beneficiaries via NGO partnerships
26th February 2024- The company is working with over 20 non-governmental organizations (NGOs) across its operations, driving socio-economic advancement in rural India.
New Delhi, 26 February 2024: On World NGO Day, Vedanta Aluminium, India’s largest producer of aluminium, announced that its impactful outreach efforts in partnership with Non-Governmental Organizations (NGOs) have resulted in a positive transformation in the lives of nearly 5 lakh individuals across India in FY23 alone. Cumulatively, the company’s social interventions have positively impacted over 6.3 lakh individuals in the last fiscal. The company is actively collaborating with over 20 NGOs to drive socio-economic progress in alignment with community needs, the government’s developmental initiatives and the United Nations Sustainable Development Goals (SDGs).
Vedanta Aluminium’s operations include one of the world’s largest aluminium smelters in Jharsuguda, a world-class alumina refinery in Lanjigarh in Odisha, India’s iconic aluminium producer BALCO in Korba, Chhattisgarh, and a growing mines vertical. Together, they are bringing several areas in rural India into the socio-economic mainstream by reducing multi-dimensional rural poverty, creating opportunities for enterprise and employment. The company’s social welfare interventions are based on five thematic areas spanning education, healthcare, livelihood, rural infrastructure, and grassroots sports, art & culture, with a focus on woman & child development.
NGOs are crucial to this entire effort, adding strengths such as deep penetration into rural communities, programme development expertise, and insights on social structures and customs. They function on a scientific basis, conducting need assessments to ascertain the needs of the communities that could benefit from Vedanta Aluminium’s social support, developing a programmatic approach to welfare initiatives, and conducting regular impact assessments to gauge the efficacy of the welfare programmes. The NGOs subsequently recalibrate or enhance the ongoing programmes based on these definitive findings.
Every NGO partner working with Vedanta Aluminium is selected only after rigorous due diligence. Once onboarded, projects are closely monitored in terms of execution and impact, with partners audited regularly in keeping with international standards. Initiatives are undertaken with the long-term goal of making communities self-sustaining. Thus, project milestones are designed such that community members take complete ownership eventually.
Mr. John Slaven, CEO, Vedanta Aluminium said, “Our community investments have grown by a significant 45% between FY21 and FY23, reflecting a strong commitment to the holistic development of the communities within which we operate. By establishing strategic partnerships with reputed NGOs, we leverage our shared strengths to design and deliver impactful social welfare initiatives to our community members. At Vedanta Aluminium, we believe that inclusive growth stems from empowering all segments of society. Our NGO partnerships deliver on this front by catalysing transformative, sustainable development.”
Ongoing collaborations involve working with domain-specific experts on a broad range of interventions, such as the Punaruthan Voluntary Organisation which is addressing the healthcare needs of over 2 lakh beneficiaries in Odisha through essential healthcare facilities. Meanwhile, in association with the Sarthak Jan Vikas Sansthan, the company has undertaken Project Nayi Kiran, a transformative project focused on ensuring better menstrual health and hygiene practices among rural girls.
Vedanta Aluminium has also partnered with the Vedanta Foundation to implement skill development programs in trades such as electricals and tailoring for rural youths, boosting their employability. In collaboration with Action For Food Production (AFPRO), the company is encouraging enhanced farming practices and food security through initiatives such as ‘Jeevika Samridhhi’ in Jharsuguda and ‘Mor Jal Mor Maati’ at Korba. Moreover, it has also partnered with the Sportz Village Foundation to provide archery & karate training to rural youths, which has resulted in several laurels won at the state and national level.
Sharing the impact of these initiatives, Dr. Jacob John, Executive Director, Action For Food Production (AFPRO) said, “Through our partnership with Vedanta Aluminium, we are ensuring a transformative impact on thousands of farmers and also re-establishing farming as a sustainable livelihood choice for younger generations.” Adding his views, Mr. Jugal Pattnayak, Managing Director, Mahashakti Foundation, said “We have partnered with Vedanta Aluminium on entrepreneurship initiatives which are helping women in rural areas make informed choices on their family’s wellbeing and also play a more active role in their community’s development.”
Their cumulative impact resonates strongly with the theme of observing this year’s World NGO Day: “Building a Sustainable Future: The Role of NGOs in Achieving the Sustainable Development Goals (SDGs).” Through these strategic initiatives, the company actively enriches the lives of community members within its operational areas and beyond, recognizing them as integral contributors to collective socio-economic progress and growth.
About Vedanta Limited:
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa and Namibia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, Nand Ghars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies have been featured in Dow Jones Sustainability Index, and was conferred Frost & Sullivan Sustainability Awards 2020, Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.
For more information, please visit www.vedantalimited.com
About Vedanta Aluminium Business:
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
For more information, please log on to www.vedantaaluminium.com
Follow us on LinkedIN, Facebook, Twitter, Instagram
Disclaimer:
This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.