Vedanta Ranks 2nd in DJSI 2022 World Rankings

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by KnowESG,

Vedanta Ltd

KnowESG_image of an aluminium plant
Vedanta's aluminium plant in India.

Vedanta Aluminium has achieved second place in the S&P Dow Jones Sustainability Index (DJSI) for the aluminium industry for the assessment period of FY 21–22. This ranking is based on the company's performance in terms of economic, environmental, and social sustainability criteria.

Vedanta Aluminium has improved its ranking from 4th to 2nd place in the S&P DJSI. This places the company as the world's second most sustainable aluminium producer. The ranking is based on an annual evaluation of sustainability practices among over 10,000 companies across industries, with only the most sustainable selected for inclusion.

Vedanta Aluminium received high scores in many areas of Environment, Social, and Governance (ESG) criteria, such as Cybersecurity, Environment Reporting, Environmental Policy & Management Systems, Social Reporting, Labour Practice Indicators, Human Capital Development, Talent Attraction & Retention, Customer Relationship Management, and Social Impact on Communities.

Mr Rahul Sharma, CEO – of Aluminium Business, Vedanta Limited, said:

“Vedanta Aluminium’s S&P DJSI rankings for 2022 reflects our commitment to structurally integrate the principles of sustainability throughout our value chain, from sourcing to product delivery, with climate action central to our growth journey. Our sustainable development agenda includes a laser focus on the decarbonisation of our operations, increasing the quantum of renewables in our energy mix, judicious use of natural resources like water, well-being of our employees & partners, fostering circular economy in waste management, and partnership with local communities to make farming climate resilient. The recognition of being the second most sustainable aluminium producer in the world echoes our mission of ‘Transforming for Good’ for the betterment of our planet, people, and communities.”

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Source: Vedanta

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