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Vedanta's Aluminium Business gets ASI Performance Standard Certification

09 May 2023 Evaluate

Vedanta Aluminium, a business of Vedanta, has achieved the ASI Performance Standard V2 (2017) Certification at its smelter located within the Special Economic Zone at Jharsuguda, Odisha, India. The company was certified for the manufacture of all primary aluminium products in the form of billets, wire rods, primary foundry alloys (PFA), ingots and sow ingots, as well as its 'Restora' brand of low-carbon aluminium products.

The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The ASI Performance Standard V2 (2017) defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Environment, Social, and Governance, which address key issues such as biodiversity, labour rights, Indigenous Peoples rights, and greenhouse gas emissions.

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.


Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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