VEDANTA RESOURCES Non-Executive Director and Chairman of the Sustainability Committee, Vedanta Resources
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Contents
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Relationship with and reporting to the Board
Ensuring responsible leadership
Remuneration
Committee
Sustainability
Committee
Audit
Committee
Executive
Committee
Nominations
Committee
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Sustainability Committee overview
Permanent Members of the Sustainability Committee:
EUAN MACDONALD TOM ALBANESE KISHORE KUMAR ROMA BALWANI
All committee meetings are attended by the CEOs of Group's
subsidiaries or their representatives
In FY 2014-2015, the Sustainability Committee held four meetings,
all of which were attended by Euan, Tom and Kishore
Ms. Roma Balwani acts as Committee Secretary
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Sustainability Committee: role and mandate
Main responsibilities of the Sustainability Committee
Advise on sustainability policies and Sustainable Development Framework
Review and approve targets for sustainability performance and report to the Board on progress
Recommend initiatives
involving leadership, employees and communities at all levels
Review and report to the Board on performance of the Group and subsidiaries
Approve the Sustainability
Report
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Sustainability Committee activities in FY 2015
Key Achievements
Advise on sustainability policies and Sustainable Development Framework
Reviewed and approved sustainability management policies for all Vedanta group companies in HSE, Water, Biodiversity, Energy & Carbon, Human Rights, HIV/AIDs and Supplier & Contractors
Oversaw the development of the Sustainable Development Model - introduced a fourth pillar, Strategic Communications
Review and approve targets for sustainability performance and report to the Board on progress
Reviewed and reported to the Board against KPIs for safety, environmental and community relations performance, as well as special projects
Approved sustainability objectives, targets and initiatives for 2016
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Sustainability Committee activities in FY 2015
Key Achievements
Recommend initiatives involving leadership, employees and communities at all levels
Improved near-miss reporting and behavioural safety procedures to help prevent harm to employees and contractors
Approved and mandated key Group-level initiatives (WASH, Women Empowerment Principles, IBBI, Model Anganwadi) to promote the sustainability culture among employees, leadership and communities
Launched internal due diligence in compliance with the UN Guiding
Principles on Business and Human Rights
Oversaw the Group-wide implementation of the Vasundhara IT platform
(SAP-EHS and SuPM IT solutions)
Review and report to the Board on performance of the Group and subsidiaries
Oversaw the development of the Sustainable Development Framework and the Sustainability Assurance Programme
Review of Group companies assurance action plans to assess progress
Approve the Sustainability Report
Approved Vedanta's Sustainability Report 2014 - 2015
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Thank you8
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