Women to comprise 30% of Vedanta Aluminium’s employees, 5 years ahead of schedule
1st March 2024New Delhi, 1st March 2024: Ahead of International Women’s Day 2024, Vedanta Aluminium, India’s largest producer of aluminium, announced that it is on track to achieving a ratio of 30% women employees on its rolls by the end of FY25. Notably, the milestone is set to arrive 5 years sooner than the company’s stated target of 2030, with women professionals already comprising 22% of the total number of employees at Vedanta Aluminium. This is significant as women are most under-represented in the metals & mining industry worldwide.
It comes on the back of Vedanta Aluminium increasing the avenues for intake of women employees and broadening the number of opportunities available to them, such as those in the night shift. This is in turn supported by gender-agnostic roles with rich job content, a blend of progressive workplace policies, and a slew of world-class amenities. Together, they have led to a substantial increase in the number of women professionals opting to join the company, often in core functions such as smelting, mining, power generation, civil infrastructure, logistics, finance, asset security, and materials procurement.
Vedanta Aluminium has been actively working to address the gender gap in the metals and mining industry through equitable workplace practices. The sector is poised to become one of the prime drivers of India’s economic growth. With the advent of Industry 4.0 technologies, digitalization, robotics and automation which have largely negated the need for physically demanding efforts, the sector has become increasingly appealing to job-seekers. It now offers high-growth opportunities in modern manufacturing, energy transition, sustainability practices and the development of ‘green’ solutions for low-carbon economies. Together, they represent a plethora of fresh career options in an industry that is rapidly advancing with the times.
Highlighting the need for greater participation of women professionals in the industry, Mr. John Slaven, CEO, Vedanta Aluminium said, “As the world pivots to a low-carbon economy towards building a sustainable planet, the future is going to be metal-intensive. The global manufacturing industry must invest in women professionals to accelerate its evolution, which can only come about through improved diversity and inclusive practices. These offer us the advantage of benefiting from diverse perspectives, directly resulting in better decision-making, well-rounded offerings for diverse markets, and superior customer service.”
Ms. Suneela MVS, Head – Project Management Office, Growth Projects, BALCO, said, “Working at Vedanta Aluminium offers women professionals the assurance of equal access to opportunities. This has been truly empowering in terms of encouraging me to advance my career and explore new ambitions.” Lt Col Hemant Raghav, Head – Plant Security, Vedanta Jharsuguda, added, “Women today are freer than ever to become accomplished at anything they set their minds to, whether as part of the armed forces or the manufacturing industry. By encouraging the wider industry to move its hiring lens to capability alone, Vedanta Aluminium provides women employees the springboard needed to advance their careers.”
Vedanta Aluminium offers supportive workplace policies such as a spouse hiring policy, a year-long sabbatical to help take care of infant children, and flexible working hours. Additionally, the company has introduced night shifts for women at its Odisha operations through the ‘Shree Shakti’ initiative, among the first in the state to do so. In addition to progressive policies, employees live in world-class townships offering all modern amenities within proximity to the plants. The townships have facilities such as schools, hospitals, day care centres, creches, places of worship, movie theatres, stadiums, recreation centres, gyms, and swimming pools – all of which support a vibrant family lifestyle.
Vedanta Aluminium is complementing these efforts with innovative recruitment initiatives such as ‘Project Panchhi’. The project seeks to transform the lives of 1000 young girls from marginalized communities across rural India, by offering them financial support in pursuing higher education and providing them with job opportunities at Vedanta upon successful completion.
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. 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 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
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.