Vedanta Aluminium recognised as the world's most sustainable aluminium producer by S&P Global CSA

January 30, 2024 11:41 PM AEDT | By Cision

Vedanta Aluminium recognised as the world's most sustainable aluminium producer by S&P Global CSA — Image source: Kalkine Media

Recent News

What to make of the U.S.-Ukraine minerals deal

Bloom Energy upgraded, Mizuho sees upside ahead

Regions Helps Nonprofits Tell Their Stories

Direct Relief Accepts 2025 Seoul Peace Prize for Global Humanitarian I...

It has ranked #1 on the S&P Global Corporate Sustainability Assessment (CSA) 2023 for the aluminium industry

NEW DELHI, Jan. 30, 2024 /PRNewswire/ -- Vedanta Aluminium, one of the world's largest aluminium producers, has secured the top rank in the esteemed S&P Global Corporate Sustainability Assessment (CSA) 2023 rankings for the aluminium industry, confirming its position as the world's most sustainable aluminium producer by outperforming global peers on Environment, Social and Governance (ESG) practices.

Vedanta Aluminium's plant at Jharsuguda, Odisha in India, among the world's largest aluminium smelters

The S&P Global CSA is the premier external sustainability assessment that encompasses an annual evaluation of over 10,000 global companies' sustainability practices. Vedanta Aluminium scored high on the assessed criteria, especially on biodiversity, occupational health & safety, social impact, human rights, talent planning and water management practices.

Vedanta Aluminium has committed to achieve Net Zero by 2050, adopting a two-fold strategy of reducing and offsetting its carbon footprint. In terms of reduction, the company is focused on increasing its usage of renewables, enhancing its manufacturing excellence to ensure higher operational efficiencies, and transitioning to low-carbon energy sources. To offset its residual carbon footprint, the company is also creating substantial carbon sinks through extensive afforestation efforts. Through its operations, the company is enabling wider global access to responsibly produced, high-quality aluminium to ensure a greener future for all.

Speaking on the achievement, Mr. John Slaven, CEO, Vedanta Aluminium said, "We have embarked on a transformative journey where our commitment to sustainability goes beyond business compliance to making a positive impact on the environment. Ranking first on the S&P Global CSA recognizes our commitment to fully embed sustainability practices across our value chain, from sourcing to product delivery. We are prioritizing higher resource efficiencies, greater use of renewables, converting 'waste into wealth', ensuring the well-being of our employees and forging enduring partnerships with our communities for inclusive development. Vedanta Aluminium continues to craft a legacy of environmental stewardship towards a more sustainable future."

Vedanta Aluminium, a business of Vedanta Limited, is India's largest producer of aluminium, manufacturing more than half of India's aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. With its world-class aluminium smelters and alumina refinery in India, the company fulfils its mission of spurring emerging applications of aluminium as the 'Metal of the Future' for a greener tomorrow. www.vedantaaluminium.com

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.