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About ESG

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.

ESG Governance

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.

ESG Communities of Practice (12 COPs)

Water management

Carbon and energy efficiency

Waste to wealth

Biodiversity

Communities & Social Performance

People

Communications

Renewable Energy

Health & Safety

Supply chain

Acquisition/ finance

Expansion

About Sustainability Policies

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