Vedanta Limited, a global leader in natural resources and sustainability, has unveiled its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) report. This milestone aligns the company’s operations with global sustainability goals, reinforcing its commitment to transparency, accountability, and environmental stewardship as part of its robust Environmental, Social, and Governance (ESG) strategy.
The TNFD framework enables businesses to assess, manage, and disclose their impacts and dependencies on nature. Vedanta’s report outlines initiatives to mitigate biodiversity loss and nature-related risks while pursuing sustainable growth. Priya Agarwal Hebbar, Chairperson of Hindustan Zinc and Non-Executive Director of Vedanta Ltd., emphasized that the report serves as a blueprint for integrating biodiversity considerations into business strategies, ensuring sustainable growth while safeguarding ecosystems.
Vedanta has implemented transformative measures, including biodiversity offset programs spanning 12,900 hectares, planting over 2.2 million trees under the 1t.org initiative (with a goal of 7 million by 2030), achieving water positivity in five business units, and reducing freshwater withdrawal by 2.7% since 2021. The company is also advancing waste-to-wealth programs and aims for net-positive biodiversity impact and net-zero carbon emissions by 2050.
Vedanta Limited, a subsidiary of Vedanta Resources Limited, operates across India, South Africa, Namibia, and other countries, with interests in oil and gas, metals, power, and emerging technologies like semiconductors and display glass. Guided by a commitment to sustainable development, Vedanta plans to invest $5 billion over the next decade to accelerate its ESG initiatives. Recognized globally for its governance and social contributions, Vedanta continues to lead in shaping sustainable practices in the natural resources sector.
