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Bharat Aluminium Company Limited (BALCO)

Aluminium Sadan, Core - 6, Scope Office Complex, Lodi Road, New Delhi - 110003

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BALCO contributes to a sustainable future on Earth Day

25th April 2023

Balconagar; 25th April 2023: On the occasion of Earth Day, Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, undertook several initiatives to promote sustainable practices and encourage employees, business partners and community members to do their bit towards conserving the planet.

The company is observing the week of 22nd April to 29th April as a ‘Paperless Week’, encouraging its teams and business partners to utilize digital mediums for their tasks. Previously, BALCO has also taken steps to minimize the usage of single-use plastic inside the plant, including through zero-plastic company events, and is rapidly moving towards becoming completely single-use plastic-free.

The company also encouraged its employees to bring their own coffee mugs to the workplace, towards reducing the usage of paper cups, which are not reusable. Sessions on waste segregation at source were also organized for employees, business partners, and family members. At BALCO, the composite waste collected from the township is used to make organic compost, which is also made available for sale and is widely utilized by the resident families in their home gardens.

Apart from these initiatives, BALCO also celebrated Earth Day with community members in Bhatgaon near BALCO. More than 40 women participated in the event, which was organized in partnership with officials from the State Forest Department. The women were informed about the importance of safeguarding the environment and planting more trees, with the officials highlighting how people could avail of the Mukhya Mantri Vriksh Sampada Yojna Scheme to enhance greenery within their community. The event concluded with plantation activities in Bhatgaon Government School and the distribution of saplings among the women. Additionally, eco-friendly earthen pots were placed across several locations for birds and animals to help beat the scorching heat.

Speaking on Earth Day, Mr. Rajesh Kumar, CEO & Director, BALCO said, “BALCO is committed to promoting sustainable practices and safeguarding the environment. Earth Day is an important occasion for us to come together and take concrete steps towards sustainable practices and nurturing the environment. Our commitment to safeguarding the environment is embedded in our vision, corporate objectives, production processes, and the way we conduct our business.”

Aligned with its vision of ‘Zero Harm, Zero Waste, and Zero Discharge’ BALCO has planted approximately 1.2 lakh saplings in FY23 alone in the vicinity of its operations. The company is also exploring greener options for diversifying its energy sources. In recognition of its efforts towards environment conservation, BALCO has been awarded industry recognitions such as ‘Sustainable Factory of the Year’ by Frost and Sullivan, ‘GreenCo Silver’ in the CII Green Company Rating System, and others in the recent years.

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. For more information, please log on to www.balcoindia.com

For more information, please contact:

Shuchi Mishra

Head – PR & Communications

BALCO

Shuchi.Mishra@vedanta.co.in

Disclaimer:

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. For more information, please log on to www.balcoindia.com

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by the Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please visit www.vedantalimited.com

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