Vedanta Aluminium & Power Business follows the same policies and sustainability standards as laid down by our parent company Vedanta Resources Ltd. Our robust Sustainable Development Framework includes a suite of sustainability policies, standards and guidance notes which guide our operational and social excellence, advancing business outcomes and the communities and environment where we operate. In line with the same, we educate, train and develop our employees and business partners in the framework, ensuring unfailing adherence to world-class sustainability standards, processes and practices.
Our sustainable development agenda is built on four pillars – Responsible Stewardship; Building Strong Relationships; Adding and Sharing Value; and Strategic Communications – developed in line with our core values, internal and external sustainability imperatives (such as materiality), UNGC’s 10 principles, United Nation’s SDGs and standards set by International Finance Corporation (IFC), ICMM and OECD.
Ensuring effective and appropriate business processes by way of robust compliance & risk management, ensuring health & safety of our employees, and responsibly managing environmental & social impacts.
Building Strong Relationships
Meaningfully engaging with the people and organisations that are interested in our business.
Adding and Sharing Value
The direct and indirect positive economic impact we make by investing in people through employment, infrastructure, technology, and taxes, royalties and other payments to local, state and national governments.
Enables the organisation to engage with our stakeholders in a transparent dialogue, aiding in implementation of and strengthening efforts that make us a responsible corporate citizen.
Vedanta Sustainability Assurance Programme (VSAP)
VSAP is our sustainability assurance tool, which we use to assess our compliance with the Vedanta Sustainability Standards requirements. It includes a programme of formal third-party audits to ensure framework compliance across 13 elements, namely Compliance; Leadership; Objectives, Targets, Planning & Performance; Competency & Training; New Projects; Process Safety & Management of Change; Incident Investigation; Assessment and Continual Improvement; Supplier & Contractor Management; Social Sustainability & Stakeholder Engagement; Resource Use Management; Occupational Health and HSE Management.
VSAP is an annual process with clear tracking of results by the Sustainability Committee and the Executive Committee, which in turn report to the Board. Basis identified improvement areas, respective businesses make management plans and undertake corrective actions, which are periodically reviewed, evaluated and documented.