Engineering News and Mining Weekly

Vedanta Base Metals setting up for sustainabl­e positive disruption across nations

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 nationbuil­ding through sustainabl­e and inclusive growth.

 ?? ??
 ?? ??

Newspapers in English

Newspapers from South Africa