Approved CSR Policy - July 25 2017
Approved CSR Policy - July 25 2017
Approved CSR Policy - July 25 2017
A. POLICY OBJECTIVE
Vedanta Limited (‘VEDL’ or ‘the Company’) is committed to conduct its business in a socially
responsible, ethical and environment friendly manner and to continuously work towards improving
quality of life of the communities in its operational areas. This Policy provides guidance in achieving
the above objective and ensures that the Company operates on a consistent and compliant basis.
We at Vedanta Limited have a well-established history and commitment to reinvest in the social
good of our neighbourhood communities and nation.
We believe, that
we can positively impact and contribute to the realization of integrated and inclusive
development of the country, in partnership with National Government, and other local,
national and international partners;
sustainable development of our businesses is dependent on sustainable, long lasting and
mutually beneficial relationships with our stakeholders, especially the communities we work
with;
partnerships with government, corporates and civil society/community institutions, offer a
strong multiplier for complementing efforts, resources and to building sustainable solutions;
our employees have the potential to contribute not just to our business, but also towards
building strong communities.
Our programs focus on poverty alleviation programs, especially integrated development, which
impacts the overall socio-economic growth and empowerment of people, in line with the national
and international development agendas. The major thrust areas will be –
The CSR Activities will be as per Annexure 1 or any other activity specified in Schedule VII of the
Companies Act. The above may be modified from time to time, as per recommendations of the CSR
Committee of the Company.
The surplus, if any, arising out of CSR initiatives of the Company shall not form part of the Company’s
business profits.
D. MONITORING MECHANISM
Regular monitoring of all CSR initiatives would be undertaken, which will include:
E. COMMUNICATION
We will voluntarily communicate the results of our social programs to our stakeholders on a
periodic basis.
F. RESPONSIBILITY
The responsibility for compliance with this policy lies with the CSR Committee, the Directors, Chief
Executive Officer, Senior Managers and all employees and consultants working for VEDL.
G. REVIEW OF POLICY
The CSR Policy will be reviewed every three years or as may be recommended by the CSR
Committee of the Company.
Annexure – 1
Sustainable Livelihoods
Health
1. Vedanta Hospital
2. Mobile Health Units
3. Community Medical Centre
4. Specialised Health Camps
5. Drinking Water Projects
6. Household Sanitation
7. Drug De-addiction
Women’s Empowerment
Environment
Community Development