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| Overview |
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| ROADMAP & PROGRESS |
| Targets lend us speed, direction and focus to touch base with our sustainable development priorities more efficiently. Our roadmap sets challenging annual targets on issues material to us and our stakeholders. The roadmap is reviewed every year with a view to understand our triple bottom line performance and lacunae, and appropriately alter both our actions and targets to advance on our sustainable development journey. |
Objectives & Targets
FY 2015-16 |
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Performance
FY 2015-16 |
Objectives & Targets
FY 2016-17 |
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OCCUPATIONAL HEALTH & SAFETY
| Achieve zero fatal accidents |
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12 fatalities (8 in India and
4 in Africa) |
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Achieve zero fatal accidents |
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| Re-establish LTIFR base performance as per the recently released ICMM reporting guidelines and enable future reduction in LTIFR targets |
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All businesses updated their safety KPI definitions as per ICMM reporting guidelines |
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Focus on eliminating fatalities and reducing High Potential Incidents |
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| Implement Safety Performance Standards: >75% of critical elements in the standards to be implemented across the business |
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All businesses are implementing the safety performance standards wherein audits were initiated this year. The average score was 51% with significant improvements shown later in the year |
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Implement Safety Performance Standards: >75% of critical elements in the standards to be implemented across the business |
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| Implement Safety Interactions
at two businesses in addition to HZL |
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Safety Interaction was included
as a part of Leadership Safety Programme i.e. Managing Better Risk Decision (MBRD) which was piloted at Jharsuguda and Sterlite Copper businesses |
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Rolling out of Leadership Safety Programme i.e. Managing Better Risk Decision in other businesses |
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| Understanding Occupational Health Risks - Performing a baseline assessment across the aluminium businesses |
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Baseline assessment exercise has been started at Vedanta Ltd. - Aluminium operation |
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Performing baseline assessments for two other businesses |
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ENVIRONMENT
| Water Savings - 2.39 mn m3 |
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All businesses implemented their water resource management plan and flagged off initiatives which have led to a water saving of
7.16 mn m3 |
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Achieve zero fatal accidents |
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| Energy Savings - 0.88 mn GJ |
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Internal benchmarking and technological process intervention led to energy savings of 0.94 mn GJ |
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Energy Saving: 1.5 mn GJ |
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| Report on Scope 3 Emission by 2016 |
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| Scope 3 data for Business Travel, Employee Commute, Inbound Logistics and Outbound Logistics is being tracked on a periodic basis. |
| We are working on improving data reliability and robustness |
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Scope 3 emissions account for a minuscule share in our carbon emissions mix, hence it is not material for a 2016 target |
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| Continue to monitor new projects and site closure as per the sustainability framework |
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All projects, Vedanta Ltd.- Lanjigarh and HZL-expansion of SK mine, Rampura Agucha & Zawar mine, are being managed
as per Vedanta Sustainability Framework guidelines |
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Continue to monitor new projects and site closure as per the sustainability framework |
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| By 2016, all sites to have Biodiversity Management Plans (BMPs) in place |
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We have made a considerable progress in this regard. All our operations now have a formal
BMP in place except Cairn India, KCM and Sesa Iron Ore, where work is in progress |
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Implementation of BMPs |
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| Exploring opportunities and areas to increase the fly ash utilisation rate |
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Fly ash recycling rate has improved to 47% from 31% last year. The Businesses have
recycled the fly ash inventory in applications like road making, cement and brick making |
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To continue exploring opportunities and areas to increase the fly ash utilisation rate |
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| GHG Emissions |
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To realign the Group's Energy &
Carbon Policy in line with COP 21
outcomes |
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| Biodiversity |
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Capacity building (selected
professionals) on Biodiversity
Management including
ecosystem services |
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| Management of Tailings and
Water Storage Facilities |
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Preliminary Risk Assessment (internal) completed across the Group |
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Independent expert to review
the high priority facilities |
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COMMUNITY RELATION & STAKEHOLDER ENGAGEMENT
| All sites to complete need assessment and pilot studies on social audit for Indian businesses |
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Need base assessment completed for all sites. The Social Impact Assessment completed for major Indian sites - Cairn India and HZL |
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Social Impact Assessment studies to be continued for remaining sites |
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| Roll out of SAP-based programme management tool for community grievance management and stakeholder engagement |
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SAP - Stakeholder & Grievance Handling System rolled out |
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Implementation and utilisation rate of the SAP System to be increased |
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| Capacity building and refresher course - e-Learning module on Code of Conduct to be implemented |
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e-Learning module on Code of Conduct launched for all Indian operations |
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Ensuring 100% coverage of Code of Conduct training for all employees |
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HUMAN RESOURCES
| To include 1,000 eligible employees for the
Technical Assessment |
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As part of Technical ACT UP initiative, assessment of 937 eligible employees completed |
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Institutionalising Technical ACT UP process across Vedanta Group Companies |
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| Plan Phase II for covering next 50 high potential stars for the intensive programme grooming next generation talent for leadership role |
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Fly ash recycling rate has improved to 47% from 31% last year. The Businesses have
recycled the fly ash inventory in applications like road making, cement and brick making |
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| Identification of high potential employees across professional population and grooming of next generation talent |
| Focus on performance and measurement for top 150 leaders |
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| Continue to focus on the same diversity objective of 15% women hiring |
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More than 15% of female professionals joined Vedanta |
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Continue to focus on the
same diversity objective of
15% women hiring |
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| 25% women representation at the Vedanta Board Level by 2016 (all appointments to be made on merit) |
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In this regard, although we have not met our target for women directors, we continue to build on diversity in leadership roles and have made a number of senior female appointments during the year |
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33% women representation
at the Vedanta Board Level
by 2020 |
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Not achieved |
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In Progress / Partially achieved |
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Achieved |
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| For more information visit our group companies |
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