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Anonymous
Hey I am on Medialย โขย 7m
A company known for some of Indiaโs biggest environmental controversies Sterlite in Tamil Nadu, mining protests in Odisha, lawsuits in Zambiaโnow talks about green aluminium, internal carbon pricing, and 2.5 GW of renewable energy. So is Vedanta transformingโฆ or just rebranding? On one hand, the skepticโs case is strong: โข Their core businesses are still aluminium, oil & gas, steel, and zincโindustries with huge footprints. โข Billions are being spent to expand mines and refineries, not shrink them. โข ESG commitments are now almost a ticket to raise global capital. Cynics will say: itโs compliance dressed up as vision. But on the other hand, thereโs evidence itโs not just โgreen PRโ: โข Executive bonuses are now linked to ESG outcomes. โข Theyโve set an internal carbon price of $15 per tonne COโ. โข New projects, like the Odisha alumina refinery, are being tied to renewable power integration. My take? Itโs a mix. Maybe 60% reputation management, 40% genuine shift. But even that 40% mattersโbecause if the incentives are real, some of those changes will compound into action. And hereโs the bigger question: can a company built on extraction ever truly go โgreenโ? Or will ESG, for such industries, always be more about optics than impact?
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