VEDANTA RESOURCES PLC
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Transcript of VEDANTA RESOURCES PLC
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.
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.
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
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.
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.
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.
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.