Vedanta Aluminium - Business News Week

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Vedanta Aluminium Appoints David Stone as CEO – Coal Mines

Sep 11, 2024 by Sujata 0 Comments #Coal Mines, #Vedanta Aluminium

Raipur, 11th September 2024: Vedanta Aluminium, India’s largest aluminium producer, announced the appointment of David Stone as the Chief Executive Officer – Coal Mines. In his new role, David will oversee the entire coal mining operations of the company, spearheading strategy and leveraging technology and innovation to optimize resource efficiency.

David Stone

David’s expertise will be crucial to optimizing resource efficiency at Vedanta Aluminium’s thermal power plants in Jharsuguda and Lanjigarh in Odisha and Korba in Chhattisgarh, while also keeping a sharp focus on sustainable mining practices. The company has 5 operating coal mines with a combined capacity of ~40 million tonnes per annum (MTPA). These include Jamkhani, Kuraloi, Radhikapur, Ghogharpalli, and Barra – which is under exploration.

With a distinguished career spanning more than 30 years, David’s has a rich global experience in managing and operating resource businesses. He has held leadership positions in roles spanning growth phases, mergers and acquisitions, project development, and the seamless running of operations through to closure. He has consistently demonstrated a transformative ability within these businesses with a dedicated focus on creating shareholder value. His global experience in mining operations includes notable tenures with Anglo American, Xstrata, and Glencore.

“We are thrilled to welcome David to Vedanta Aluminium. His proven track record makes him the ideal leader to drive our mining operations, ensuring backward integration to secure raw material and reduce cost of production for our business. His expertise will be invaluable as we enhance our resource efficiency while keeping an eye on ambitious growth plans,” said John Slaven, CEO, Vedanta Aluminium.

On his appointment, David Stone, CEO – Coal Mines, Vedanta Aluminium, said, “I am honored to join Vedanta Aluminium and lead the coal operations at such a pivotal time when the company is expanding production capacity and is on an ambitious growth path. I look forward to working with the talented team to implement innovative strategies that will optimize our resources, reduce costs, and contribute to the company’s growth and sustainability objectives.”

As part of Vedanta Aluminium’s strategy for expansion and cost reduction, the company has laid out a comprehensive plan for backward integration, emphasizing the importance of a robust coal supply chain. The new coal mines will significantly reduce the cost of power generation by supplying the company’s existing thermal power assets. Importantly, Vedanta Aluminium is committed to not adding any further coal-fired capacity to its power portfolio. Therefore, maximizing digitalization and innovation to drive the highest levels of efficiencies of the coal resources is essential to meet sustainability goals for Vedanta Aluminium.

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.

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Vedanta Aluminium Empowers Local Youth on World Youth Skills Day

Jul 16, 2024 by Mansi 0 Comments #John Slaven, #NABARD, #OSDA, #Vedanta Aluminium, #World Youth Skills Day

16th July 2024: On World Youth Skills Day, Vedanta Aluminium, India’s largest producer of aluminium, reaffirmed its commitment to youth empowerment by announcing the expansion of its skill development initiatives across its locations. These programs aim to enhance the skillsets of rural youth, transitioning them from unskilled to semi-skilled categories through placement-linked training programs. Towards this goal, the company has collaborated with several coveted training institutions like the National Bank for Agriculture and Rural Development (NABARD), Odisha Skill Development Authority (OSDA), and Skill Development Institute (SDI) among others. Through these efforts, Vedanta Aluminium is aiding youth across India in achieving sustainable livelihoods and contributing to the socio- economic development of their communities and the nation.

WORLD YOUTH DEVLOP

Following a robust skilling framework, Vedanta Aluminium has trained nearly 14,000 youth through its skill development initiatives and institutional collaborations so far. As trainees gain experience and improve their skills, they become eligible for higher-paying job opportunities, offering them secure employment and the potential for salary growth over time. The visible success of these trainees inspires a learning culture, encouraging more individuals in the region to enrol in the programs, fostering continuous improvement. By covering trades that are in constant demand within the market, the training programs ensure sustainable employment prospects that meet ongoing industry needs.

John Slaven, CEO, Vedanta Aluminium, said, “Skilling the younger population is integral to our vision of elevating the socio-economic status of regions where we operate. By equipping them with market-relevant skills and fostering a culture of continuous learning, we are not only helping them to secure their future but also bringing remote areas of the country to the socio-economic mainstream. To date, we have trained 14,000 youth, and on World Youth Skills Day, we reiterate our commitment to bridging skill gaps and creating opportunities to help shape the next generation of leaders and innovators in India.”

Vedanta’s skilling programs in Odisha span multiple locations:
– Around its alumina refinery operations in Lanjigarh in Kalahandi district (Odisha), Vedanta Aluminium aims to upgrade the skills of 3,500 youth over the next three years, in partnership with OSDA and Vedanta’s collaboration with NABARD.

– Skill training centres at Lanjigarh and Bhawanipatna offer training courses for roles in food and beverage, hospitality, and electrical maintenance, to name a few.

Graduates of these programs have secured placements with prominent organizations such as Club Mahindra, Minerva Group of Hotels and Restaurants, Honda showrooms, and Sarovar Hotels and Resorts. In this fiscal year, the program saw a successful placement percentage of 77%.

– At the aluminium plant in Jharsuguda, Odisha, the company has collaborated with Ashok Leyland and the State Government for the light motor vehicle and heavy motor vehicle training program. Many of the trainees are employed at Vedanta’s operations and in nearby industries.

– Vedanta also provides technical training for youth in mechatronics, mechanical and electrical services at the World Skill Centre, Bhubaneswar.

– At its mining operations at Jamkhani in Sundargarh, Odisha, Vedanta Aluminium has partnered with SDI, Bhubaneswar and the State Institute of Hotel Management, Balangir, to train more than 60 candidates across various programs. These programs have been successful, with majority of the trained candidates already securing relevant jobs post-training.

At Chhatisgarh, where Vedanta has a manufacturing facility in Korba,
– Its unit, BALCO, is imparting vocational training to rural youth, dropouts, and unemployed population through three centres of Vedanta Skill School. The schools impart skilling in relevant trades like electrical maintenance, welding, hospitality, fitter and solar technician, and link them with gainful employment opportunities. In FY24, a staggering 81% of trainees secured jobs or pursued entrepreneurship after training.

In Andhra Pradesh, where Vedanta runs the Vizag General Cargo Berth (VGCB) port operations,
– The company has collaborated with the Vedanta Foundation to establish a cutting- edge computer lab at Queen Mary Government High School. The lab has empowered over 11,00 young beneficiaries, significantly bridging the digital divide in the area.

– It has also partnered with Centre of Excellence for Maritime & Shipbuilding (CEMS) for the training and placement of 100 youth as computer numerical control (CNC) operators, electricians and inventory controllers, with the inventory controller training batch comprising only female candidates.

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 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.

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Vedanta Aluminium gets ‘punny’ with its latest social media campaign

May 2, 2024 by Sujata 0 Comments #Business-to-Business, #Metal of the Future, #punny, #Vedanta Aluminium

1st May 2024: If you thought there’s not much to laugh about when it comes to metals and minerals, think again. In a refreshing departure from stoic Business-to-Business (B2B) conventions, Vedanta Aluminium, India’s largest producer of aluminium, has launched a quirky social media campaign called ComicAL, recontextualising the versatile features of aluminium, often dubbed the ‘Metal of the Future’, in hilarious situations.

Who knew that aluminium, a no-nonsense metal when it comes to delivering high quality and top-end performance in several cutting-edge applications, also has a lighter side (quite literally!). Aluminium is renowned for its high strength-to-weight ratio, which means that even though it is light in weight, it is a heavyweight in the strength department.

vedanta

And funnily enough, aluminium’s strengths now include having a humorous side as well, thanks to Vedanta Aluminium. As part of this distinctive campaign, the company has crafted a series of catchy social media posts guaranteed to have social media users do a double take, shedding light on the remarkable world of aluminium through clever puns and witty
humour.

For example, picture aluminium foil deftly wrapping up last night’s leftovers accompanied by the caption “Foiled again!” Yes, the company’s pun game is as strong as its aluminium, and the campaign is set to have a ‘see’ change in the way users view aluminium. Social media users may enjoy another one playing on beverage cans, where one glum- looking beverage can is desperately out to seek help, because crushing it for recycling was “soda-pressing” Aluminium is ubiquitous as the material of choice for producing beverage cans, and the post subtly hints at this usage.

The other posts in the series similarly marry other features and applications of aluminium with a uniquely humorous take. But why the comedic twist from a giant in the global aluminium industry? The answer is simple: laughter is a universal language that brings people together. While aluminium is ubiquitous in its uses, from kitchens to outer space, its
remarkable versatility remains somewhat of a hidden gem for end consumers. Through these side-splitting posts, Vedanta Aluminium aims to educate and entertain its audience in the most amusing way possible.

Sonal Choithani, Chief Brand & Communications Officer, Vedanta Aluminium, shared her thoughts on this unique campaign, saying, “As leaders in the aluminium industry, Vedanta Aluminium believes in setting the bar when it comes to innovation, not just in terms of our products but also in terms of our audience engagement. Whether it’s pioneering new technologies or launching campaigns to inform and educate our diverse stakeholders, we believe in taking the path less travelled. With this ethos in mind, we have introduced this refreshingly new approach to convey the potential of the ‘metal of the future.’ Aluminium is an integral part of our daily lives, and our latest campaign will undoubtedly make you view this metal from a completely new perspective.”

The campaign is now live across Vedanta Aluminium’s social media platforms, including LinkedIn, Facebook, Twitter, and Instagram. Don’t miss out on the fun – follow, like, and share the giggles with friends and family. Vedanta Aluminium invites its audience to use these posts to spread a lot of laughter with a dash of useful insights too! 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.

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Vedanta Aluminium’s Healthcare Initiatives Benefit around 4 Lakh People in Odisha & Chhattisgarh

Apr 10, 2024 by Gayathri Pariti 0 Comments #Chhattisgarh, #healthcare, #My health, #my right, #Odisha, #Vedanta Aluminium

On the occasion of World Health Day, Vedanta Aluminium, India’s largest producer of aluminium, has announced benefitting around 4 lakh people in Odisha & Chhattisgarh through its community health interventions in FY24. The company has been serving its communities through high-quality health services, encouraging the adoption of preventive healthcare and providing quality curative health services to the local populace. Well-aligned with the theme of this year, “My health, my right”, the company is empowering people to champion the right of everyone, everywhere to have access to quality health services, education, and information, in underserved, remote regions.

vedanta

The company undertook several initiatives across its operations: in Jharsuguda, Odisha, home to the company’s mega aluminium plant; at its operations in Lanjigarh, home to its world-class alumina refinery; at BALCO, India’s iconic aluminium producer and a unit of Vedanta Aluminium located in Korba, Chhattisgarh; and at Vizag General Cargo Berth (VGCB) port operations. In Jharsuguda, the company organised mega drives through mobile healthcare vehicles and the distribution of informative leaflets in nearly 30 villages to sensitize the community to adopt healthier lifestyles. Additionally, a pilot breast cancer screening camp was also conducted at the Vedanta Aluminium supported Jharsuguda Diagnostic Centre, one of the largest multi-facility diagnostic centres in Odisha.

In Lanjigarh, a multi-speciality mega health camp benefitted the community by offering free healthcare services, including medical consultations, screening tests, medications, and vaccinations, reaching out to more than 500 people. Furthermore, a week-long awareness drive on health and hygiene practices was conducted across 20 villages, benefiting approximately 1,000 residents along with a blood donation camp.

In Korba, Chhattisgarh, the company kicked off an assistive device distribution drive towards creating a more inclusive, supportive, and equitable community, by distributing walking sticks, tripods, crutches, walkers & wheelchairs to elderly & specially-abled persons. Moreover, it organized 2 multi-speciality mega health camps in Bhadrapara & Belakachar benefitting around 500 community members with specialty healthcare services from dentists, dermatologists, orthopedics, gynecologists, physiotherapists, and general physicians, along with diagnostic tests for diabetes, blood pressure.

At its port operations VGCB, a two-day eye check-up camp was conducted, where around 400 people underwent comprehensive eye examinations to identify vision impairment and other ocular conditions. Subsequently, free spectacles were distributed to address vision

impairment in the patients. Moreover, the unit also provided essential support to people with special needs from marginalised communities, through battery-operated wheelchairs, tricycles, wheelchair riders, commode wheelchairs, and tripod walk sticks, with an aim to enhance mobility and independence for them.

Vedanta Aluminium extends a comprehensive array of basic and specialized healthcare services to underserved communities in Odisha and Chhattisgarh, encompassing areas within and surrounding its operational sites. These initiatives complement existing healthcare infrastructure in the region and encompass:

Mobile Health Units: The communities in Vedanta Aluminium’s operational vicinity often live in areas that are hard to reach, or far off from government healthcare facilities. To cater to them, Vedanta Aluminium operates Mobile Health Units that provide doorstep primary healthcare services to these communities every week of the year, as per a pre-determined schedule. Additionally, it operates round-the-clock ambulance services for seamless referrals.
Vedanta Hospital, Lanjigarh: Vedanta Limited Lanjigarh built a first-of-its-kind 20- bedded Multi- Speciality Hospital at Lanjigarh, Kalahandi in 2010. It is outfitted with a proficient team of doctors, physiotherapists, and visiting specialists. It provides preventive & curative healthcare facilities free of cost to the neighbouring community of Kalahandi & Rayagada district, with an emphasis on serving the underprivileged.
Nand Ghars: Through its Nand Ghars, which are ultra-modern anganwadis that act as centres of women & child development, Vedanta Aluminium provides quality healthcare and proper nutrition to small children, pregnant women and new mothers.
Vedanta Diagnostic Centres: Two cutting-edge diagnostic centres in Jharsuguda and Laikera provide a comprehensive range of Radiology and Pathology services, including MRI and CT scanning facilities, contributing to improved healthcare delivery and diagnosis in the region. The Diagnostic Centres offer services at nominal charges, aligned with the Central Government Health Scheme (CGHS) rates.
Project Arogya: The project is a comprehensive health initiative across operations that provides high-quality primary healthcare services, encompassing both preventive and curative measures through rural health posts. It places special emphasis on maternal and child health, with a particular focus on combating malnutrition and anaemia. Additionally, the initiative conducts awareness campaigns on HIV, Tuberculosis (TB), and substance de-addiction.
Nayi Kiran, menstrual health program: At Chhattisgarh, the company’s Nayi Kiran project creates awareness of menstrual health & hygiene, builds capacity for manufacturing of sanitary products, and develops local champions of menstrual health. So far, the project has sensitized 57,000+ community members towards menstruation.
BALCO Hospital: BALCO Hospital offers 120 beds and a skilled medical team of specialists. It houses state-of-the-art facilities including a fully equipped Modular OT, a cutting-edge CT scan room, an advanced X-ray room, and an emergency and critical care unit for meeting the healthcare requirements of the community. Additionally, as an ISO 9001-2015 certified facility, the hospital boasts robust quality management systems. The hospital receives a yearly footfall of more than 1. 8 lakh people from the communities.
BALCO Medical Centre (BMC): BALCO Medical Centre (BMC) is a 170-bed, state- of-the-art tertiary care Oncology facility in Naya Raipur. It is the flagship initiative of Vedanta Medical Research Foundation (VMRF), a non-profit organization by Vedanta Resources and Bharat Aluminium Company Ltd. (BALCO). BMC is emerging as a national leader in India’s oncology space, providing comprehensive medical, surgical, radiation, haematological, BMT, and palliative care services.

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Vedanta Aluminium Expands Alumina Refining Capacity To 3.5 million tonnes per annum (MTPA)

Apr 6, 2024 by Gayathri Pariti 0 Comments #green, #John Slaven, #MTPA, #Vedanta Aluminium

Vedanta Aluminium, India’s largest producer of aluminium, today announced a major milestone in its ongoing expansion efforts to be amongst the top 3 global players with 3 million tonnes per annum (MTPA) of aluminium production capacity. In a significant step towards achieving 100% vertical integration, the company today announced the successful commissioning of the new 1.5 MTPA expansion at its world-class alumina refinery in Lanjigarh, Odisha. With this, the alumina refinery’s production capacity has now increased to 3.5 MTPA from the existing 2 MTPA. This additional 1.5 MTPA capacity is a part of the company’s ongoing expansion to take the overall nameplate capacity at the Lanjigarh refinery from the current 2 MTPA to 5 MTPA, to support its increasing aluminium production.

Vedanta’s Alumina Refinery at Lanjigarh, Odisha

Vedanta Aluminium offers one of the largest ranges of high-quality aluminium products in the world, including India’s first low-carbon ‘green’ aluminium range, branded Restora. These products find critical applications in sectors such as automotive, aerospace, defence, infrastructure, power projects, electricals, and packaging, amongst others. The company is also one of the largest producers of premier smelter grade alumina (SGA) in India, a key raw material for the company’s aluminium plants in Jharsuguda (Odisha) and BALCO (Chhattisgarh).

John Slaven, CEO, Vedanta Aluminium, said “We are delighted to commission the expanded capacity which strengthens our raw material security and reduces costs for our Jharsuguda and BALCO aluminium smelters. It is a significant step towards 100% vertical integration and strongly positions us for sustainable growth within the global aluminium market.”

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 key industries. Vedanta Aluminium ranks 1 st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for 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.

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Vedanta Aluminium launches short film series ‘People of Metal’

Jan 22, 2022 by Gouri 0 Comments #Arjun Naik, #Basanti Kisan, #Butra Kansari t, #Kavita, #Kirti Chandra Bohidar, #People of Metal, #Rahul Sharma, #Simanchal Kadraka’, #Vedanta Aluminium

Vedanta Aluminium Business, India’s largest producer of aluminium and its value-added aluminium products, has launched ‘People of Metal’, a series of six short films featuring ordinary people from local communities around the company’s operations, who have braved adversities to create extraordinary and inspiring stories. Through these videos, Vedanta Aluminium aims to celebrate those who worked hard to transform their own lives and those of many others, with support from the company.

Vedanta’s Aluminium smelting and power plant operations are located in remote regions of Odisha and Chhattisgarh. The multiplier effect created through immense employment opportunities, social interventions, thriving residential clusters and local business communities around the plant operations, and the creation of much-needed infrastructure, have catalysed significant development in these regions, bringing them to the socio-economic forefront.

The films feature Kirti Chandra Bohidar (ex-serviceman, who is now a successful fly-ash brick manufacturer), Puspanjali Seth (housewife-turned-entrepreneur, who also served as the former President of Subhalaxmi Co-operative), Simanchal Kadraka (once an underprivileged tribal boy, who is now a national-level archer), Kavita and Arjun Naik (husband and wife on the brink of extreme penury who turned into successful farmers), Basanti Kisan (a poor widow with three children to feed, who now runs a flourishing business) and Butra Kansari (migrant construction labourer-turned-successful Dhokra artist). The films can be accessed at:

Mr. Rahul Sharma, CEO – Aluminium Business, Vedanta Ltd says, “Vedanta strives to enable communities in, around and far beyond the areas where it operates, to become empowered and self-reliant participants in the economic progress of the country. We constantly endeavour to catalyse positive transformation in their lives through deep interventions in sustainable livelihood, education, healthcare and community infrastructure, with a special focus on women and child development. Our ‘People of Metal’ short film series captures the indomitable spirit of these six individuals, and Vedanta Aluminium is proud to have been an enabler in their journey.”

The stories of the six unsung heroes are mentioned below:

After 18 years in the armed forces, Kirti Chandra Bohidar returned to his village in Jharsuguda (Odisha) and looked for livelihood opportunities. While brick manufacturing seemed like a lucrative business, he felt the need to find a sustainable way of manufacturing bricks, one that was environment-friendly and didn’t affect the health of workers. Today, with the supply of fly-ash from and technical know-how provided by Vedanta Aluminium, he is a successful fly-ash brick manufacturer, converting an industrial by-product into green bricks for making construction more sustainable.

Puspanjali Seth had faced innumerable hardships all her life, from working as a daily wage labourer to help her brother’s family, to seeing her husband struggle to make ends meet. One day, she and many other women in the region were approached by Vedanta Aluminium’s CSR team at Jharsuguda, for the creation of an all-women co-operative society that would work towards women’s skill development, financial literacy and enterprise development. From being one of the 10 founding members of Subhalaxmi Co-operative to leading the 4000-member strong co-operative as its former President, Puspanjali leveraged the opportunity that came her way to turn her fates and that of thousands of others’. Today, she runs a thriving business in fabrication at Jharsuguda with her husband.

Now a national-level archer of repute, Simanchal Kadraka’s childhood was miserable. Hailing from Lanjigarh (Kalahandi, Odisha), abject poverty and the death of his father forced his family to seek help at Vedanta’s Child Care Centre. Like thousands of children, Simanchal was supported by Vedanta Aluminium through childhood, schooling, college, and employment. Today, he is the local archery coach for the young kids in the region, nursing a dream of clinching a medal for himself at the 2024 Olympics!

Husband and wife duo Kavita and Arjun Naik hail from a small village in Jharsuguda. After Arjun was forced to quit work due to an injury, the couple decided to till the only piece of land they had to make a livelihood out of it, but lack of water had made farming an impossibility. One day, they came across Vedanta’s Jeevika Samriddhi land & water management project for local farmers, and through it, dug a well and installed a solar pump. With knowledge of modern agricultural methods and access to better seeds and resources through Vedanta’s interventions, their land is now covered with lush crops and reaping them a healthy income.

Basanti Kisan’s tale is a shining example of transformation brought about by sheer determination and enterprising grit. A young widow with three kids, Basanti decided to fight it out and bring herself and her children out of poverty. Hearing about Vedanta’s Subhalaxmi Co-operative from women in her village, she joined the co-op and availed loans to set up a vegetable and grocery shop, which has grown multi-fold over the past few years. There was a time she did not know how to feed her children the next day, and today she does business worth INR 15,000/- every day, on average.

Poverty had forced Butra Kansari to become a migrant construction worker and give up on his dreams of pursuing the beautiful artform of Dhokra, the skills of which were passed down to him from his parents and grandparents. Discovering the village of Dhokra craftsmen like Butra, nestled in the forests of Kalahandi, Vedanta initiated a project to revive the 5000-year-old dying artform and in the process, give the artisans a thriving livelihood. Supported with raw materials, training in contemporary designs and market linkage, Butra, and others like him, have worked hard to build thriving livelihoods in Dhokra art.

Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing half of India’s aluminium i.e., 1.97 million tonnes in FY21. 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.

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Vedanta Aluminium unveils Sustainable Development Report for FY21

Dec 15, 2021 by Gouri 0 Comments #Future, #Global Reporting Initiative, #Mr Rahul Sharma, #Nature, #Nurture, #Prof. Shaleen Singhal, #Vedanta Aluminium

Vedanta Aluminium Business, India’s largest producer of aluminium and its value-added products, unveiled its Sustainable Development Report (SDR) for FY 2020-21 today i.e., National Energy Conservation Day, in campus connect program with the TERI School of Advanced Studies (TERI SAS). Students, alumni and faculty from TERI SAS participated in the programme.

Titled ‘Nature, Nurture, Future’, Vedanta Aluminium’s Sustainable Development Report encapsulates the Business’ performance across key sustainability parameters such as Energy and Climate Change Management, Water Management, Biodiversity Management, Air Quality and Emissions control, Health & Safety, Social Impact and Governance, etc. for the FY 2020-21 performance period.

The report can be accessed on the company website: www.vedantaaluminium.com

Launching the report, Mr Rahul Sharma, CEO – Aluminium Business, Vedanta Ltd. said, “The principles of sustainability are imbibed in every aspect of the way we conduct our business. It is imperative for us that our business growth materializes in a sustainable manner through judicious and responsible utilization of resources, the highest efficiency of assets and processes, and a focused approach towards carbon mitigation. We are committed to the decarbonisation of our operations in the long term. As India’s largest aluminium producer, we are unrelenting in our pursuit of excellence in all aspects of business, including Environment, Social and Governance (ESG).”

Prof. Shaleen Singhal, Dean (Research and Partnerships) at TERI SAS, added, “TERI School of Advance Studies students and faculty members are delighted to be part of this launch event that demonstrates Vedanta Aluminium’s commitment to sustainability. This unique university-corporate partnership shall advance the frontiers of knowledge creation and practice for sustainable development.”

Prepared in accordance with the Global Reporting Initiative (GRI) Standards, the report outlines Vedanta Aluminium’s approach to sustainable and responsible development aligned to United Nations Global Compact (UNGC) Principles and United Nations Sustainable Development Goals (UN-SDGs).

Key highlights from the report for FY21 include:

· Operational excellence parameters for the production of aluminium

· Vedanta Aluminium distributed economic value to the tune of USD 4.19 billion

· Climate action initiatives have resulted in GHG emission intensity reduction by 21% at the Aluminium Business against FY 2011-12 as the baseline

· Towards decarbonization of operations, Vedanta Aluminium has set a target of achieving a 24% reduction in GHG emissions intensity over the 2012 baseline by FY 2025.

· Recycled 16.5 billion litres of water across operations

· 93% of mined-out area rehabilitated as part of biodiversity management

· 308 Million Units of renewable power purchased for producing aluminium

· 1.4 Million GJ in energy savings through energy conservation efforts, resulting in equivalent GHG savings of 0.32 million tCO2e (tonnes of Carbon Dioxide equivalent)

· 118% of the generated ash utilized in avenues such as mine backfilling, raw material for cement and brick manufacturing, road construction, and low-lying area filling

· 14% women professionals in management positions across the business

· Deep interventions in community welfare dimensions of livelihood and skill development, women’s empowerment, quality education, health & sanitation, etc. improving lives of 5 lakh people hailing from local communities

· Since the outbreak of COVID, Vedanta Aluminium has supported the local communities, district administrations, state governments, central government, with grocery supplies, PPEs, medical equipment, oxygen, financial contribution, and many other need-based requirements

Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing over half of India’s aluminium i.e., 1.97 million tonnes in FY21. 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.

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