Some of the CSR initiatives aimed at environment conservation by Vedanta Group are:
Renewable energy
Vedanta has installed solar power plants at its sites, such as the 100 MW solar plant at TSPL in Punjab, the 75 MW solar plant at BALCO in Chhattisgarh, and the 5 MW solar plant at Lanjigarh in Odisha. The company also supports rural electrification through solar microgrids and solar lanterns.
Water conservation
Vedanta has implemented various measures to reduce water consumption, recycle water, and recharge groundwater, such as rainwater harvesting, zero liquid discharge, drip irrigation, and watershed development. The company also provides safe drinking water to the communities through RO plants, water ATMs, and water tankers.
Waste management
Vedanta has adopted the principle of reduce, reuse, and recycle for managing its solid and hazardous waste, such as fly ash, red mud, slag, and tailings. The company also promotes waste segregation, composting, and plastic recycling among the communities.
Biodiversity protection
Vedanta has undertaken various initiatives to protect and restore the biodiversity in and around its operations, such as afforestation, wildlife conservation, eco-restoration, and bio-fencing. The company has also supported the conservation of endangered species, such as the Olive Ridley turtles, the Indian bustard, and the snow leopard.
Climate action
Vedanta has committed to reducing its carbon emissions to zero by 2050 or sooner, and has pledged $5 billion over the next 10 years to accelerate the transition to net-zero operations. The company has also joined the 1t.org platform by the World Economic Forum and pledged to grow 7 million trees for creating a resilient environment.
Green innovation
Vedanta has fostered a culture of innovation and research to develop green technologies and solutions, such as carbon capture and utilization, bio-leaching, and bio-mining. The company also supports green start-ups and entrepreneurs through its incubation centre, Vedanta Spark.
2. Ambuja Cement