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Bharat Aluminium Company Limited (BALCO)

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BALCO Football Championship: 10 trees to be planted for every goal scored

19th August 2023

Balconagar, Korba; 19th August, 2023: Bharat Aluminium Company (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, recently concluded its highly anticipated Football Championship. The tournament was made even more meaningful by a unique sustainability initiative undertaken by BALCO. The company has pledged to plant 10 trees for every goal scored during the championship. With a total of 75 goals netted throughout the tournament, BALCO is now set to plant an impressive 750 trees in the vicinity of its operations, reflecting its commitment to building a sustainable world.

BALCO’s football tournament witnessed the active participation of over 1500 BALCO employees and business partners. Over the course of 25 days, over 32 formidable teams competed in the championship, showcasing their considerable sporting prowess on the field. It became an opportunity to encourage healthy competition and teamwork among them, which in turn enhances workplace productivity. The event also provided a platform for the participants to immerse themselves in the excitement of football, popularly referred to as ‘the beautiful game’.

Speaking about the initiative, Mr. Rajesh Kumar, CEO & Director of BALCO said, “At BALCO, we believe in the power of teamwork, both on and off the field. Our Football Championship is a testament to the spirit of unity and camaraderie that defines our organization and its teams. Beyond the goals scored and matches won, this championship exemplifies our commitment to fostering a strong sense of community and sustainability. This unique initiative therefore reflects our dedication to environmental stewardship and our resolve to create a greener, healthier future for all. Through our sustainable manufacturing practices and community engagement efforts, we aim continue to create a positive impact on the world around us.”

The Football Championship is the latest addition to BALCO’s extensive track record of fostering employee engagement through sports. In the past, BALCO has successfully organized events like the BALCO Premier League and BALCO Volleyball Tournament, all hosted at the renowned BALCO stadium. This state-of-the-art multi-sports facility has become a hub of sports and athletics, facilitating a wide array of sports, including basketball, football, volleyball, cricket, kabaddi, and more. The arena not only benefits BALCO’s employees and Business Partners but is also accessible to the broader community, thereby driving holistic development.

Adhering to its overarching vision of ‘zero harm, zero waste, and conservation of natural resources,’ BALCO consistently upholds sustainable manufacturing practices that encompass economic, environmental, and social dimensions. As part of its efforts, BALCO planted approximately 1.23 lakh saplings in FY 2023, exemplifying its dedication to nurturing the local ecosystem. Beyond afforestation efforts, BALCO is proactively exploring other green avenues such as diversifying its energy sources, reinforcing its position as a beacon of environmental consciousness within the domestic manufacturing industry.

About BALCO:

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., 2.42 million tonnes in FY25. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 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.

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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