Vedanta Aluminium Signs MoU with PwC to Undertake Decarbonisation, Water Positivity & Biodiversity initiatives in Odisha & Chhattisgarh
4th June 2025
- Announces partnership on World Environment Day to reaffirm company’s target of achieving Net Zero Carbon by 2050 or sooner and Water Positivity by 2030.
New Delhi, June 4th, 2025: On World Environment Day, Vedanta Aluminium, India’s largest aluminium producer, announced the expansion of its partnership with PwC India to scale up sustainability initiatives across its operations in Odisha and Chhattisgarh for the first time. Focused on decarbonization, water positivity, and biodiversity conservation, this collaboration underscores the company’s commitment to achieving Net Zero by 2050, Net Water Positivity by 2030, and ensuring No Net Loss of biodiversity.
Initially centred on biodiversity projects around Vedanta’s Jharsuguda smelter, the partnership will now extend across all its operational regions and will also focus on decarbonisation, water positivity, and biodiversity conservation, marking a major step in integrating sustainability throughout the company’s value chain.
Reflecting on the partnership with PwC, Rajiv Kumar, Chief Executive Officer, Vedanta Aluminium, expressed, “At Vedanta Aluminium, our ‘Transforming for Good’ philosophy is the cornerstone of our commitment to sustainability, inclusivity, and meaningful community impact. This collaboration with PwC exemplifies our unwavering dedication to driving sustainable growth and championing environmental stewardship. Anchored in robust ESG principles, we are actively working towards carbon neutrality by 2050 and supporting India’s Net Zero vision for 2070. By addressing critical ecological challenges, improving operational efficiencies, and placing communities at the heart of our efforts, we aim to transform the global aluminium industry. Together, we are forging a path to a more sustainable planet and redefining what responsible business truly means.”
Further highlighting the importance of this collaboration, Sandeep Kumar Mohanty, Partner – Climate & Energy, PwC India, said, “We are excited to partner with Vedanta Aluminium on this inspiring journey to embed sustainability across its operations. Together, we are committed to making a real difference in the lives of people and the environment. By combining innovative approaches with community engagement, we aim to support Vedanta Aluminium’s efforts in creating a greener future for all stakeholders.”
Through this partnership, the company aims to deliver tangible outcomes in the areas of increased decarbonisation, achieving water positivity, and biodiversity conservation. The initiative will support the progress towards multiple United Nations Sustainable Development Goals, including Goal 6 (Clean Water and Sanitation), Goal 13 (Climate Action) and Goal 15 (Life on Land).
PwC India will design and help put into action the following initiatives:
- Execute a comprehensive decarbonization roadmap to align with Aluminium Stewardship Initiative (ASI) targets, enabling green aluminium production.
- Make efforts to reduce water consumption to help the company achieve water positivity by 2030.
- Develop comprehensive Biodiversity Management Plans to achieve No Net Loss of biodiversity, by eradicating invasive species and reintroducing native flora.
- Evaluate the potential for adopting Science-Based Targets initiative (SBTi), a global climate action effort to align emissions reductions with the Paris Agreement goals.
Vedanta Aluminium envisions leading the global aluminium industry toward a sustainable future by championing environmental stewardship and innovation. The company has constantly ranked among the most sustainable aluminium companies in the last few years. With a comprehensive decarbonization roadmap aligned to global standards and strategic biodiversity management, the company aims to create a net-positive environmental impact. By integrating ecological and social priorities into its operations, Vedanta Aluminium remains committed to building a more sustainable planet.
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.42 million tonnes in FY25. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 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.
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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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.
