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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

50%

Number of independent directors of the Board

25%

Gender diversity of the Board

100+

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

  • Program update (9 aims - corp & BU targets against actual)
  • Key decisions (strategic direction, cross functional support)

Corporate TO

Weekly/Fortnightly TO meeting with GCEO to drive and accelerate the high impact project implementation

Group ESG ExCo
(Part of Group ExCo)

Monthly forum with ExCo to update on overall ESG progress (Overall MIS and updates)

Transformation Office
(Tos)-BU & Functional)

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

Explore Other Sustainability Goals

Climate Change

Water Positivity

Waste Management

Biodiversity Conservation

Occupational Health & Safety

Workforce Diversity

Community Development

Social Performance

ESG Governance