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Vedanta Aluminium Secures 2nd Position in the coveted S&P Global Corporate Sustainability Assessment

• Recognised for its high ESG standards and reflective of its commitment to achieving Net Zero Carbon by 2050 or sooner

New Delhi, January 3, 2025: Vedanta Aluminium, India’s largest aluminium producer, has been recognized for its exceptional sustainability efforts, securing the 2^nd position in the S&P Global Corporate Sustainability Assessment (CSA) for the aluminium sector globally. With an overall score of 77, based on the robust Environmental, Social, and Governance (ESG) parameters, this achievement marks a significant milestone for the company in its ongoing commitment to sustainability. What makes this achievement even more remarkable is that for the fourth year in a row, Vedanta Aluminium features among the top companies globally in these rankings.

S&P Global CSA represents a highly prestigious family of global benchmarks that track the performance of leading companies based on economic, environmental, and social criteria. The S&P Global ESG Score measures a company’s performance on and management of material ESG risks, opportunities, and impacts informed by a combination of company disclosures, media and stakeholder analysis, modelling approaches, and in-depth company engagement via the S&P Global CSA.

Speaking about the achievement, Priya Agarwal Hebbar, Non-executive Director at Vedanta Limited and Chairperson of HZL, said, “This recognition is a moment of immense pride for all of us at Vedanta Aluminium. Securing the 2^nd position globally in the S&P Global Corporate Sustainability Assessment reflects not only our unwavering commitment to sustainability but also the passion and hard work of our teams who strive to make a meaningful difference every day. At Vedanta Aluminium, we believe that sustainability is about creating long-term value—for the planet, our communities, and the future we all share. This milestone reinforces our dedication to achieving Net Zero Carbon by 2050 and inspires us to continue setting new benchmarks in responsible and innovative practices. Together, we are shaping a greener and more sustainable tomorrow.”

Sunil Gupta, COO, Vedanta Aluminium, said, “We are proud to be recognized as leaders in sustainability, securing the 2^nd rank in the S&P Global Corporate Sustainability Assessment. This achievement underscores our ongoing commitment to integrating Environmental, Social, and Governance principles across every aspect of our operations. As we continue our journey toward Net Zero by 2050, we remain focused on creating long-term value through innovation, operational excellence, and responsible practices that contribute to a more sustainable future for all.”

Since the beginning of its ESG journey in FY2021, Vedanta Aluminium has made significant strides in its path to achieving Net Zero carbon by 2050 or sooner. The company’s ongoing efforts to drive sustainability are reflected in its continuous progress and dedication to embedding ESG practices across its operations. Some of the recent key developments include:

• Achieving 10.16% reduction in GHG intensity against the FY2021 baseline.
• Spearheading impactful biodiversity and carbon reduction initiatives in Odisha through a strategic partnership with PwC India.
• Becoming the first Indian aluminium smelter to digitally connect to the LME Passport platform, thereby ensuring quality assurance and compliance for metal shipments.
• Recycling more than 15 billion litres of water across its operations during FY2024
• Utilizing 20 tonnes of biomass briquettes per day at its refinery; helping potentially decrease the unit’s greenhouse gas emissions by more than 10,000 tonnes of CO2 equivalent each year.

Vedanta Aluminium’s Net Zero journey includes a two-fold strategy of reducing and offsetting its carbon footprint. In terms of reduction, the company is focused on increasing the quantum of renewables in its energy mix, enhancing its manufacturing excellence to ensure higher operational efficiencies, and transitioning to low-carbon energy sources such as biofuels. To offset its residual carbon footprint, the company is also creating significant carbon sinks through extensive efforts. Aluminium is key to sustainable solutions, helping industries reduce carbon footprints and shift to cleaner energy. Vedanta Aluminium is making responsibly produced, high-quality aluminium more accessible globally, driving a greener, more sustainable future.

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. 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.