Tag: Future

Business

Vedanta Aluminium unveils Sustainable Development Report for FY21

Dec 15, 2021 by Gouri Achary 0 Comments #Future, #Global Reporting Initiative, #Mr. Rahul Sharma, #Nature, #Nurture, #Prof. Shaleen Singhal, #Vedanta Aluminium

Vedanta Aluminium Business, India’s largest producer of aluminium and its value-added products, unveiled its Sustainable Development Report (SDR) for FY 2020-21 today i.e., National Energy Conservation Day, in campus connect program with the TERI School of Advanced Studies (TERI SAS). Students, alumni and faculty from TERI SAS participated in the programme.

Titled ‘Nature, Nurture, Future’, Vedanta Aluminium’s Sustainable Development Report encapsulates the Business’ performance across key sustainability parameters such as Energy and Climate Change Management, Water Management, Biodiversity Management, Air Quality and Emissions control, Health & Safety, Social Impact and Governance, etc. for the FY 2020-21 performance period.

The report can be accessed on the company website: www.vedantaaluminium.com

Launching the report, Mr Rahul Sharma, CEO – Aluminium Business, Vedanta Ltd. said, “The principles of sustainability are imbibed in every aspect of the way we conduct our business. It is imperative for us that our business growth materializes in a sustainable manner through judicious and responsible utilization of resources, the highest efficiency of assets and processes, and a focused approach towards carbon mitigation. We are committed to the decarbonisation of our operations in the long term. As India’s largest aluminium producer, we are unrelenting in our pursuit of excellence in all aspects of business, including Environment, Social and Governance (ESG).”

Prof. Shaleen Singhal, Dean (Research and Partnerships) at TERI SAS, added, “TERI School of Advance Studies students and faculty members are delighted to be part of this launch event that demonstrates Vedanta Aluminium’s commitment to sustainability. This unique university-corporate partnership shall advance the frontiers of knowledge creation and practice for sustainable development.”

Prepared in accordance with the Global Reporting Initiative (GRI) Standards, the report outlines Vedanta Aluminium’s approach to sustainable and responsible development aligned to United Nations Global Compact (UNGC) Principles and United Nations Sustainable Development Goals (UN-SDGs).

Key highlights from the report for FY21 include:

· Operational excellence parameters for the production of aluminium

· Vedanta Aluminium distributed economic value to the tune of USD 4.19 billion

· Climate action initiatives have resulted in GHG emission intensity reduction by 21% at the Aluminium Business against FY 2011-12 as the baseline

· Towards decarbonization of operations, Vedanta Aluminium has set a target of achieving a 24% reduction in GHG emissions intensity over the 2012 baseline by FY 2025.

· Recycled 16.5 billion litres of water across operations

· 93% of mined-out area rehabilitated as part of biodiversity management

· 308 Million Units of renewable power purchased for producing aluminium

· 1.4 Million GJ in energy savings through energy conservation efforts, resulting in equivalent GHG savings of 0.32 million tCO2e (tonnes of Carbon Dioxide equivalent)

· 118% of the generated ash utilized in avenues such as mine backfilling, raw material for cement and brick manufacturing, road construction, and low-lying area filling

· 14% women professionals in management positions across the business

· Deep interventions in community welfare dimensions of livelihood and skill development, women’s empowerment, quality education, health & sanitation, etc. improving lives of 5 lakh people hailing from local communities

· Since the outbreak of COVID, Vedanta Aluminium has supported the local communities, district administrations, state governments, central government, with grocery supplies, PPEs, medical equipment, oxygen, financial contribution, and many other need-based requirements

Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing over half of India’s aluminium i.e., 1.97 million tonnes in FY21. It is a leader in value-added aluminium products that find critical applications in core industries. 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.

Business World

Top ICT Students to Represent Asia Pacific in Huawei ICT Competition Finals

Oct 22, 2020 by Gouri Achary 0 Comments #Abdul Latif, #Afif Tri Farhan, #Connection, #Future, #Glory, #Huawei Asia Pacific ICT Competition, #Institut Teknologi Bandung (ITB), #Tony Cao

The 2019-2020 Huawei Asia Pacific ICT Competition, under the theme of “Connection, Glory, Future,” successfully concluded on Wednesday. Institut Teknologi Bandung (ITB) from Indonesia won champions of both the Network and Cloud tracks in this regional finals and will represent the Asia Pacific region in the global finals.

This year, the Huawei ICT competition in Asia Pacific attracted 4051 participants from 65 ICT Academies of six countries, namely Indonesia, Malaysia, Singapore, Philippines, India and Thailand; to compete in two technological tracks of Network and Cloud.

“We strive to develop a healthy ICT Talent Ecosystem where we shall work with our Partners, our Customers and the society, all together to produce ICT engineering talents – quality people with ICT skill, with engineering capability for now, and for the future,” said Tony Cao, President of Huawei Asia Pacific Enterprise Business Group.

Institut Teknologi Bandung (ITB) from Indonesia won Champions of both the Network and Cloud tracks in this regional finals. Universiti Malaya (UM), the former Network champion, won the first runner-up spot, while Nanyang Polytechnics (NYP) was the second runner-up. All winners will proceed to the Global Finals which will be held in Shenzhen, China in November.

“The competition is very helpful for the students. It motivates students to study harder and understand a lot of key technologies such as cloud computing, storage, AI and services that run on top of it,” said Abdul Latif, coach of the Cloud winning team from the Institut Teknologi Bandung.

The Huawei ICT competition aims to develop a platform for government organizations, higher education institutions, training partners, enterprises and students to support ICT education. The competition not only recognizes and rewards student achievements in technology but also provides guidance for future career development.

“Thanks to Huawei for being able to organize this amazing competition amid the pandemic. The competition is not all about winning or losing. You should never give up especially during this hard times and it’s not over until you want it to be,” said Afif Tri Farhan, a student from the Network track champion team.

The Huawei ICT Competition – as one of the initiatives from the Huawei ICT Academy program operates across the Asia Pacific region with more than 160 ICT Academies.

The Huawei ICT Academy program is an industry and academy collaboration initiative aims to promote ICT industry technology certification to address gap of local universities and colleges to nurture and develop talented individuals to be industry-ready for the future digital, fully connected and intelligent world.

The tech company aims to develop at least 200,000, ICT professionals, over the next five years in the Asia Pacific region through Huawei ICT Academy and various programs.