Our Approach and Strategy

Our core values underpin our vision of zero harm to people and the environment.

Sustainable development model

sd model

Our sustainable development model has four guiding principles that inform all planning and implementation:

  • One, responsible stewardship, based on standards and guidelines of entities such the International Finance Corporation (IFC), the International Council on Mining and Metals (ICMM) and the Organisation for Economic Co-operation and Development (OECD).
  • Two, building strong relationships – with our employees, our host communities and broader society;
  • Three, adding and sharing value to maintain our licence to operate.
  • And four: strategic communication – specifically, reporting transparently and consistently on our performance.

Sustainable Development Framework

sd framework

The Vedanta Sustainable Development Framework was rolled out in FY2012-13. Since then it has continuously evolved to remain in step with emerging global standards, varying local contexts and evolving stakeholder expectations.

Over the years, it has served as an effective tool to unify Vedanta’s sustainability approach across diverse geographies and businesses. While the framework works as a standard, it also allows flexibility to fine-tune responses in dealing with local challenges and sensitivities.

The Framework governs conduct in all of Vedanta’s businesses, every decision taken involves sieving through the indicators of the framework to ensure we remain safe, ethical and transparent at all times.

To ensure compliance with the Framework, Vedanta has an internal risk management tool called the Vedanta Sustainability Assurance Programme (VSAP)