VEDANTA RESOURCES PLC

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VEDANTA RESOURCES PLC

Transcript of VEDANTA RESOURCES PLC

Page 1: VEDANTA RESOURCES PLC

VEDANTA RESOURCES PLC

Page 2: VEDANTA RESOURCES PLC

TYPE - Public Limited Company

TRADED AS - LSE : VED

INDUSTRY - Metals and Mining

FOUNDED - Mumbai, Maharashtra, India - 1976

FOUNDER - Anil Agarwal

HEADQUARTERS

- London, United Kingdom

KEY PEOPLE - Anil Agarwal (Chief Executive), Navin Agarwal (Deputy Executive Chairman)

PRODUCTS - Copper, aluminum, zinc, lead, gold, iron ore, pig iron, metallurgical coke, oil and gas exploration.

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INTRODUCTION It is a global diversified metals and mining company

headquartered in London, United Kingdom.  It is the largest mining and non-ferrous metals company in

India and has mining operations in Australia and Zambia and oil and gas operations in three countries.

 It is also developing commercial power stations in India in Odisha and Punjab.

According to the New York Times, Vedanta Resources is “known in some parts of the world for having left financial and environmental problems in their wake.”

Vedanta is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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CSR ACTIVTIES Corporate social responsibility is a form of corporate self-regulation integrated into a business model. CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms.CSR Activities of Vedanta Resources PLC are :

1. Women self-help group of NVN2. Organic Cotton Cultivation: A

Revolution in Agriculture3. Rashtriya Swasthy Bima Yojana

(RSBY)4. Nua Mana Nua Sapana

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WOMEN SELF-HELP GROUP OF NVN

Bilasini Suna, the president, ensures participation of all the

members for phenyl production, regular savings and

purchasing of raw materials like Pine Oil, Soap oil, PGN,

Perfume and Plastic bottle etc.

Formation of the SHG has led to strong social bonds, spending

fruitful time together and helping one another in need.

Self Help Group is one of the most active SHG’s in Niyamgiri Vedanta Nagar

(NVN)

A small township built by VAL for project displaced families.

Group earned popularity by making Phenyl at NVN from 1st June, 2005.

Awarded with the “The Development Task Force” by the Chief Minister of

Orissa.

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ORGANIC COTTON CULTIVATION

Intervention has led to zero pest attack and income generated has scaled from INR 4000 to over INR 10,000 per acre with an assured market.

219 acres of land have been brought under organic cotton cultivation with increased land productivity and farmers’ income.

178.96 acres of cultivated land belonging to 92 farmers in 8 villages of Lanjigarh Block and have been insured against natural disasters.

Organic Cotton Cultivation initiated to facilitate farmers to grow cotton organically which entailed using cultural practices, bio fertilizers and biological pest controls.

Farmers have been trained in making and using organic manure resulting in sustained as well as enhanced soil productivity.

Crops have been insured with Agriculture Insurance Company, Bhubaneswar.

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RASHTRIYA SWASTHYA BIMA YOJANA Vedanta Limited, Lanjigarh observed World TB Day on March 24, 2014

at Vedanta Hospital to increase public awareness on tuberculosis.

It Launched the Rashtriya Swasthya Bima Yojana (RSBY) at Vedanta

Hospital.

Hospital empaneled as one of the centers for RSBY scheme in Lanjigarh

block.

Objective is to help BPL households in meeting financial liabilities

arising due to health related issues like hospitalization.

Hospitalization coverage of up to Rs. 30,000/-, Coverage extends to

five members of the family.

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NUA MANA NUA SAPANA Rayagada Police during the year 2010 launched a unique project

named “Nua Mana Nua Sapana” (new thoughts, new dreams) in

the district.

Project aims at developing better connect between police and the

general public.

An annual event wherein tribal students from schools of different

Maoist-affected areas of the district from different schools

participate.

It continues for 2-3 days and comprise of lots of fun packed

competitive programs.

Instrumental in providing platform for the tribal students to come

forward and be a part of the mainstream system.