MUMBAI: Vedanta Limited has been awarded the ‘ET 2Good, 4Good’ a certification scheme that certifies organisations based on their CSR performance, CSR processes and over and beyond CSR expenditure of 2 % and 4% of their net profits.
“Our CSR programmes are designed keeping ‘people, planet and prosperity’ at its center. As custodians of the natural resource sector, we remain committed to the principle of zero harm to people and planet to ensure that we leave behind a positive legacy for generations to come”, said Tom Albanese, Group CEO, Vedanta.
According to the press release, the Bharat Aluminium Company Ltd. (BALCO), a subsidiary of Vedanta Limited, won the top accolade, ‘The 2Good Corporation’, while subsidiary MALCO Energy and Vedanta Limited have been distinguished among the top 17 companies that have had a positive impact as a result of their CSR initiatives.