Vedanta signs declaration on climate change at India CEO Forum on Climate Change

Indian natural resources company Vedanta said that it has inked a declaration on climate change at the Second India CEO Forum on Climate Change by committing to move towards carbon neutrality.

According to Vedanta, its in-house Carbon Forum and Innovation Cells are made up of global experts who are working actively on solutions that can enable the company in reducing its carbon presence.

The Indian mining company claimed that, as of March 2020, it has cut down the group’s GHG emissions by nearly 14% from 2012 baseline levels. This will help reduce over nine million tons of CO2 from the atmosphere, stated Vedanta.

The company said that it had produced 582 million units of renewable energy in 2019, and had generated six million gigajoules of energy savings in the last three years.

Vedanta signs declaration on climate change at India CEO Forum on Climate Change. Photo courtesy of Vedanta limited.

Vedanta revealed that it had implemented 70 projects across multiple locations for conserving energy. Apart from installing a 40MW solar power project, the Indian mining company said that it had commissioned 274MW wind farms across five states across India.

The natural resources company aims to achieve the concept of the circular economy by recycling 88% of high-volume waste and also by achieving 105% fly ash utilization.

Sunil Duggal – CEO of Vedanta Group said: “We as a company remain fully supportive of the govt. initiative to work towards a net zero emission goal and are committed to minimize our carbon footprint. At Vedanta we have a philosophy of ‘Zero Harm, Zero Waste & Zero Discharge’.

“We are well on course to substantially de-carbonize our operations over the next decade in line with the sentiments expressed by the Hon’ble Minister. I would like to congratulate the Government of India for this important initiative and assure our full support to help India achieve its carbon commitments.”