BALCO is prioritising on environmental conservation, social responsibility, and good governance within the operations.
Towards that, we are taking active initiatives to reduce the environmental harm, promote social well-being, and improve transparency and accountability in our decision-making processes. By enriching our ESG approach, we aim to align our business practices with the evolving expectations of stakeholders and contribute positively to the surrounding environment and community.
As part of our continued commitments to ESG, we have implemented a uniform ESG governance structure across the Vedanta group. The Vedanta ESG Committee, together with our Group Sustainability and ESG function, is responsible for activating, mainstreaming and monitoring initiatives under the `Transforming for Good’ agenda. We have also established dedicated forums for regular management oversight at all levels and ESG-themed communities at each BU and SBU to own projects and drive their timely implementation.
Water management
Carbon and energy efficiency
Waste to wealth
Biodiversity
Communities & Social Performance
People
Communications
Renewable Energy
Health & Safety
Supply chain
Acquisition/ finance
Expansion
To ensure sustainability and cater to our ESG approach, we have in place a number of policies which helps in maintaining a healthy environment, social well-being both internally and externally.
Zero Harm
Zero Waste
Zero Discharge
HSE&S (Health, Safety, Environment & Sustainability) Policy
Energy & Carbon Policy
Water Management Policy
Biodiversity Policy
Social Policy
Human Rights Policy
HIV/AIDS Policy
Supplier & Contractor Sustainability Management Policy
CSR (Corporate Social Responsibility) Policy
Product Stewardship & Innovation Policy
Strategic Asset Management Policy