Vedanta leads the way in mining innovation, introducing a new standard of transparency with its pioneering TNFD reporting – Construction Week Online IndiaNote: TNFD stands for Task Force on Nature-related Financial Disclosures, which is a framework for companies to report on their environmental, social, and governance (ESG) risks and opportunities related to biodiversity loss and climate change.

Vedanta, a mining company, has set a new benchmark in the industry by implementing innovative reporting standards using the Task Force on Climate-related Financial Disclosures (TCFD) and the Task Force on Nature-related Financial Disclosures (TNFD). This comprehensive reporting framework aims to provide stakeholders with a better understanding of the company’s climate and nature-related risks and opportunities. The report highlights Vedanta’s efforts to reduce its environmental footprint, promote sustainable practices, and ensure social responsibility. Key initiatives include:

* Reducing greenhouse gas emissions by 40% by 2030
* Increasing the use of renewable energy sources
* Implementing water conservation measures
* Promoting biodiversity and conservation efforts
* Enhancing community engagement and development programs

Vedanta’s TNFD reporting sets a new standard for the mining industry, demonstrating its commitment to transparency and sustainability. The report is a valuable resource for investors, analysts, and other stakeholders seeking to understand the company’s ESG (Environmental, Social, and Governance) performance. By adopting this innovative reporting framework, Vedanta is taking a leadership role in the industry, demonstrating its ability to balance economic, social, and environmental responsibilities.