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Vedanta Base Metals setting up for sustainable positive disruption across nations

26th January 2024

     

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The innovative and forward-looking Indian multinational group, Vedanta Limited, continuously strives to unlock value and create positive disruption in its journey to Transform For Good through various transformation and growth projects.

The Vedanta Group has a unique portfolio of assets among Indian and global companies with metals and minerals - zinc, silver, lead, aluminium, chromium, copper, nickel; oil and gas; a traditional ferrous vertical including iron ore and steel; power and transmissions, including thermal and renewable energy; and digital. It is now also moving into manufacturing of semiconductors and display glass. 

It was only recently that Vedanta announced the reshaping of its portfolio set to create six dedicated, pure-play world-class business units capable of independent, direct investment across a broad array of natural resources, renewables, semiconductors, display and technology sectors. These business units comprise Vedanta Limited, Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Steel and Ferrous Materials, Vedanta Power and Vedanta Base Metals. 

At the upcoming African Mining Indaba, Vedanta Base Metals CEO Chris Griffith will take the Disruptive Discussions Main Stage to display Vedanta Base Metals’ commitment to help build a sustainable future for the mining industry. In his presentation, the audience will get a view of the positive disruption the Vedanta Base Metals unit will create, showcasing the company’s growth projects and expansion plans. 

“The Vedanta Base Metals unit has a unique profile full of opportunities in different geographies setting us up to make sustainable positive ‘disruptions’ across nations. I am extremely excited and honoured to present this to the mining community along with our commitment to a sustainable future in the mining industry,” said Griffith.

Vedanta’s sustainability goals are steered by its comprehensive environmental, social and corporate governance (ESG) vision which is supported by three pillars: transforming the workplace, transforming communities and transforming the planet. The Group’s continuous efforts to enhance ESG practices, have resulted in a significant improvement in their score in the S&P Global Corporate Sustainability Assessment 2023, ranking third in the metals and mining sector out of 238 global peers in the sector. This accomplishment reflects the company’s commitment to sustainable business practices and responsible corporate citizenship.

‘Giving back’ is in the DNA of Vedanta. During the 2022-2023 financial year, the Group has impacted more than four-million lives globally through its social investment of nearly R1-billion in local communities in line with its corporate social responsibility vision of empowering communities, transforming lives and facilitating nation-building through sustainable and inclusive growth. 

Edited by Creamer Media Reporter

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