[PDF] Improving Vedanta Resources’ governance of responsible business practices

Author: EIRIS, Published on: 30 June 2010

Vedanta Resources…has come under international scrutiny for its plans for a bauxite mine and the expansion of its Lanjigarh alumina refinery…The UN protect, respect and remedy framework makes clear that companies have the responsibility to respect human rights and that due diligence should cover these issues…This briefing focuses on the EIRIS Convention Watch reports on Vedanta Resources, giving details of the Company response…To follow best practice in addressing investors’ concerns, Vedanta Resources needs to…1. Widen the remit of the HSE committee…2. Train and allocate responsibility at board level…[includes case studies of best practice by Alcoa, Anglo American, BHP Billiton, BP, Goldcorp, Rio Tinto; also refers to Bharat Aluminium (BALCO) (part of Vedanta). Also refers to PGGM]

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Related companies: Alcoa Anglo American Bharat Aluminium (part of Vedanta Resources) BHP Billiton BP PGGM Rio Tinto