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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 launches eco-friendly 2023 calendar, sets an example in sustainable practices

14th January 2023

Balconagar, Korba; January 14th, 2023: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer, has launched an eco-friendly calendar for the year 2023, entirely made of recycled paper and decomposable fabric with zero plastic. The recycled paper has seeds embedded in it which, when planted in soil and watered, will grow into flowering plants like marigold and many wildflowers.

Themed on ‘transforming for a sustainable future’, the calendar was designed with the aim to inspire action by viewers when it comes to individual responsibility towards environmental sustainability. To source designs for the calendar, BALCO organized a contest where employees, business partners and family members were invited to submit paintings and sketches on the theme. Out of these, 12 artworks were selected to be featured on every page of the calendar with a short description of the messages they carry. The calendar is a visual manifestation of how the company strives to inculcate sustainability-oriented actions, behavior and operations in every walk of life.

Unveiling the calendar for public, Mr. Abhijit Pati, CEO and Director, BALCO, said, “BALCO aims to be at the forefront of industry-leading sustainable business practices, as a steward for the industry. Our commitment to safeguarding the future of coming generations is embedded in our vision, corporate objectives, production processes and the way we conduct our business. This journey is seeing us transition to clean technologies, increase quantum of renewables in our energy mix, reduce our carbon footprint, and embed the principles of sustainability in the way we conduct our business. As we work on the bigger agendas, we are equally conscious of the snowballing effect of unsustainable everyday actions. Our eco-friendly calendar stands testimony to this sensitivity which is so deeply ingrained in our organizational culture.”

In line with Vedanta’s aim to become an Environment, Social & Governance (ESG) leader in the natural resources sector and to reduce carbon emissions to zero by 2050 or sooner, BALCO is working on 9 themes for ESG excellence, namely, Biodiversity, Carbon & Energy Efficiency, Environment Management, Communities & Social Performance, People, Health & Safety, Supply Chain, Renewable Energy and Water Management. Together, these form the pillars that will drive ‘green’ growth for the company in the days to come.

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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