CII survey ranks Vedanta among top 10 sustainable firms

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Mining conglomerate Vedanta said a CII survey has ranked the company among the top 10 sustainable companies in India.

"Vedanta Ltd...has been given the 'Sustainable Plus Platinum label' for FY 2015 by the Confederation of Indian Industry (CII)," the company said in a statement.

Hindustan Zinc, a subsidiary of Vedanta Ltd too was conferred with the 'Sustainable Plus Platinum label' for FY 2015, the statement added.

"Sustainable development agenda is at the core of Vedanta's strategic priorities. As an organisation, our commitment towards 'Social License to Operate' goes beyond the regulatory compliance and we are focused on the sustainable development, inclusive growth and greater value creation for all our internal and external stakeholders," Vedanta CEO Tom Albanese said in the statement.

Centre of Excellence for Sustainable Development (CESD), founded by CII-ITC, undertakes environmental, social and governance (ESG) analysis of the top 100 companies across 20 sectors.