ESG Governance
Pillar 3: Transforming the workplace
Aim 9: Adhering to global business standards of corporate governance
At Vedanta we know that strong corporate governance practices are at the center of strong ESG performance. Board committees, training of executives, ethical conduct, and long-term risk management are the key themes that we remain focused upon.
We believe that transparency, business conduct and upholding the highest ethical standards are our abilities that directly translate into lasting trust among our stakeholders. Our governance philosophy stems from our core values of trust, respect and integrity. We have put in place a robust governance structure, sound policies and monitoring mechanisms to ensure that we grow responsibly and keep this trust intact.
Impact Created
Number of independent directors of the Board
Gender diversity of the Board
Leaders and Board Members who have undergone ESG training
ESG governance and
management structure
ESG Board sub-committee | Description |
---|---|
ESG ManCom |
Apex executive body convening fortnightly to oversee the overall strategy, decision making and monitor progress
|
Corporate TO |
Weekly/Fortnightly TO meeting with GCEO to drive and accelerate the high impact project implementation |
Group ESG ExCo
|
Monthly forum with ExCo to update on overall ESG progress (Overall MIS and updates) |
Transformation Office
|
9 BU TOs, Functional TOs and 1 reporting & disclosure TO running on a weekly/fortnightly level to monitor progress and drive implementation across the organization |
Communities of Practice (CoPs) |
12 CoPs, overall CoP leaders, 250+ community members identified across all BUs/SBUs to drive agenda within commuinities |