Vedanta has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals. The company plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem.
With a mission to promote 'Sustainable Use of Resources for a Resilient Planet through Transformative Actions', the memorandum of understanding (MoU) was signed at the World Sustainable Development Summit (WSDS).
The partners will work towards building a sustainable future by engaging with governments, civil society and peers to promote a larger ecosystem for climate change, resource efficiency, and circularity, harnessing cleaner energy, sustainable supply chains, and people-centric development. This collaboration will help traverse company’s ESG commitments on 'Transforming for good'.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
