Vedanta Aluminium progresses on ESG commitments with 28% reduction in GHG emissions, ₹1.1 billion in community investments
15th January 2025
- Unveils Sustainable Development Report 2023-24, showcasing milestones in climate action, community investment, and governance
New Delhi, January 15, 2025: Vedanta Aluminium, India’s largest aluminium producer, continues to set new benchmarks in its journey towards sustainability, by reducing its greenhouse gas (GHG) emissions intensity by 28.5% against its FY2012 baseline. This achievement underscores the company’s unwavering commitment to responsible environmental practices and its vision for a Net Zero future. The company’s sustainability journey and achievements are comprehensively captured in its most recent Sustainable Development Report 2023-24, which highlights significant progress in environmental stewardship, governance, and community initiatives.
The company’s community impact efforts remain robust, with INR 1.1 billion allocated to various community development projects. These initiatives have positively impacted the lives of approximately 600,000 individuals across 269 villages in some of the most backward regions of the country. With this focus on inclusive growth, Vedanta Aluminium continues to enhance social equity and contribute to the socio-economic upliftment of the regions it operates in.
Priya Agarwal Hebbar, Non-executive Director at Vedanta, said, “At Vedanta Aluminium, we take pride in embodying our ‘Transforming for Good’ philosophy, which underscores our unwavering commitment to sustainability, inclusivity, and meaningful community impact. As a key enabler of the global energy transition, aluminium production necessitates responsible and sustainable practices. Guided by our ESG principles, we are dedicated to achieving carbon neutrality by 2050 while advancing eco-conscious operations that align with India’s Net Zero vision for 2070. Through bold climate action including the incorporation of renewable energy in our operations and in introduction of green aluminium lines, Restora and Restora Ultra, we are setting a benchmark for responsible industrial growth on a global scale. Together, we are creating a sustainable future for the planet and its people.”
Commenting on the company’s sustainability journey, Sunil Gupta, COO, Vedanta Aluminium, said, “At Vedanta Aluminium, sustainability is at the core of everything we do. As a testament to our efforts, we are proud to have secured the second position in the S&P Global Corporate Sustainability Assessment 2024. With the release of our FY2024 Sustainable Development Report, we celebrate significant milestones in our journey towards creating lasting environmental and social impact. Our commitment to achieving Net Zero emissions by 2050 is reflected in the substantial reduction of GHG emissions and our growing adoption of renewable energy. Beyond environmental stewardship, we continue to empower local communities and foster sustainable industrial practices. These achievements underscore our leadership in sustainability and reaffirm our dedication to balancing growth with responsibility—to people, the planet, and future generations.”
The key highlights outlined in the report include:
- Secured 2ndposition in the S&P Global Corporate Sustainability Assessment for the aluminium sector globally.
- Vedanta Aluminium launched Restora and Restora Ultra, low-carbon aluminium products made with 10.17% reclaimed aluminium, significantly reducing carbon emissions.
- Reduced GHG emissions intensity by 10% in FY2024 compared to FY2021
- Achieved 133% utilization of generated ash.
- Sourced 1.3 billion units of renewable energy, making up 3.7% of total energy procurement.
- Recycled more than 15 billion litres of water in FY2024 and achieved energy savings of 1.3 million GJ.
- Planted more than 1.3 million native saplings for progressive rehabilitation of mined-out areas.
- Utilized 20 tonnes of biomass briquettes daily, reducing GHG emissions by 10,000 tonnes of CO2 annually.
- Positively impacted around one million women and children through education, healthcare, and sanitation programmes.
- Workplace diversity and inclusion remains a key focus area, having achieved 19% gender diversity within its workforce. This includes the induction of 26 transgender individuals in the workforce.
Click here to access the complete report.
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.
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
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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.
