World Earth Day: Vedanta Mitigates 28 Mn Tonnes Of Carbon Since FY23
In FY24, the company recorded a 6.84% decrease in emission metal intensity
On World Earth Day, Vedanta Limited announced that it has mitigated 28 million tonnes of carbon emissions since FY23, reinforcing its role in India’s clean energy transition. This is roughly equivalent to the carbon dioxide absorbed by more than 1 billion trees annually.
As the world accelerates efforts to deploy wind, solar and geothermal power, as well as energy storage, required for achieving a below 2°C future, over 3 billion tons of minerals and metals such as such as aluminium, zinc, silver, copper, nickel, cobalt, ferroalloys, steel and iron will be needed, according to World Bank Group report "Minerals for Climate Action: "The Mineral Intensity of the Clean Energy Transition”.
From solar to wind energy storage, every green breakthrough needs copper, aluminium, zinc, silver and more. Vedanta is powering this shift by producing transition metals and critical minerals that clean energy depends on. With Vedanta’s base in the world’s fastest growing economies, that is stepping onto the ‘Atmanirbhar’ or self-reliant path to growth with a focus on low carbon development, the next decade and more, will clearly be transformational. India will be one of the largest markets for green products and services, and a leader in renewable batteries and green hydrogen. Vedanta has a growing portfolio of low-carbon ‘green’ products in Aluminium (Restora and Restora Ultra), Zinc (EcoZen), and Display Glass (Super Green SaiSei), with some of the lowest carbon footprints in the world.
Priya Agarwal Hebbar, Non-Executive Director - Vedanta & Chairperson – Hindustan Zinc Ltd, said, “World Earth Day is a powerful reminder for us to take stock of how we are impacting the planet. At Vedanta, we don’t see sustainability as a checkbox, but as a responsibility that shapes every decision we make. From producing the world’s greenest metals, scaling up renewables, to empowering our people to be climate champions through the Vedanta Academy for Sustainability, each step reflects our long-term commitment to the planet. I'm proud that these actions are part of the larger transformation we’re driving through Vedanta 2.0, as we lead the way towards a greener, more resilient tomorrow.”
At Vedanta, sustainability is embedded in the core fabric of operations. In FY24, the company recorded a 6.84% decrease in emission metal intensity. This is in alignment with Vedanta’s continued focus on four key net-zero drivers – transition into renewables-based energy sources, ensuring that operations run with the highest energy efficiency, augmenting value chain with carbon-light & non-fossil fuels-based alternatives, and adopting natural climate solutions for carbon sequestration.
Since FY20, renewable energy usage has increased 14 times. Aiming for 2.5 GW of renewable energy capacity by 2030, the company has already signed Power Delivery Agreements for 1.03 GW of RE-RTC. Its silver refinery in Uttarakhand runs entirely on renewable power, and it operates one of India’s largest lithium-ion-based forklift fleets. It was also the first in the country to introduce battery electric vehicles in underground mining. Since 2021, over 2.8 million trees have been planted under the World Economic Forum’s 1 trillion trees initiative. Five of its businesses are now water-positive, and 84.7 billion liters of wastewater have been recycled for plant operations. The company became India’s first oil and gas firm to join UNEP’s OGMP 2.0 initiative for methane reporting and mitigation. Hindustan Zinc Ltd., a subsidiary, was named the world’s most sustainable metals and mining company for the second year in a row by the S&P Global Corporate Sustainability Assessment 2024. In FY25, 44,000 tonnes of biomass were used across Vedanta’s operations.
Enabling this is a suite of leading-edge technologies deployed across the value-chain that help keep a laser focus on energy conservation, carbon footprint, air quality, water sustainability, waste recycling, and biodiversity management.
Going a step further, the company is embedding sustainability into the DNA of its operations, through the newly launched Vedanta Academy for Sustainability (VEDAS), with over 1 lakh employees enhancing their skills and knowledge through targeted e-learning modules, workshops, and leadership-driven engagements. To inspire sustainability-first actions at the individual level, Vedanta has also rolled out an EV policy that incentivizes employees to buy electric vehicles.
What's Your Reaction?
