Company Directory - Vedanta Aluminium
Company Details - Vedanta Aluminium
Vedanta Aluminium
WebsiteSundargarh, India
Vedanta Aluminium is a prominent global producer of aluminium, known for its extensive operations in mining and aluminium production, contributing to various sectors including automotive, packaging, and construction.
CCI Score
CCI Score: Vedanta Aluminium
-46.62
11.51%
Latest Event
Jamkhani Mine Earns 4-Star Rating for Sustainable Production
Vedanta Aluminium’s Jamkhani coal mine in Odisha was awarded a prestigious 4-Star rating by the Union Ministry of Coal for the financial year 2023–24. The rating recognizes the mine's best-in-class mining practices, environmental conservation, operational efficiency, and digital integration, which together underscore the company's commitment to sustainable and responsible production.
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QUISLING
Vedanta Aluminium is currently rated as a Quisling.
Latest Events
- JUN022025
Vedanta Aluminium’s Jamkhani coal mine in Odisha was awarded a prestigious 4-Star rating by the Union Ministry of Coal for the financial year 2023–24. The rating recognizes the mine's best-in-class mining practices, environmental conservation, operational efficiency, and digital integration, which together underscore the company's commitment to sustainable and responsible production.
- NOV042023
Vedanta Ltd's board approved a Rs 200-crore political contribution, along with the reinstatement of an unused Rs 57-crore limit, to be used directly or via electoral bonds for political parties, with the measures valid until March 2025. The decision was made amidst a broader context of utilizing electoral bonds and opaque funding channels in Indian politics.
-70
Political Contributions and Lobbying Efforts
June 2
The board's resolution to allocate Rs 200 crore, with an additional Rs 57 crore reinstated for political contributions through potentially opaque channels like electoral bonds, raises significant concerns about corporate influence on politics and the potential erosion of democratic accountability. Such large-scale corporate political donations can facilitate a climate where corporate power unduly influences electoral processes, aligning with authoritarian practices.
anil agarwal: Vedanta Ltd approves Rs 200-crore political contribution - The Economic Times
- NOV042023
Vedanta Aluminium's board approved a major political donation, with a ₹200 crore contribution limit reinstated and ₹155 crore donated to political parties, as authorized by the company's chairman and vice-chairman. The board resolution, passed on November 4, 2023, permits contributions via electoral bonds, raising concerns about corporate influence in political processes.
-70
Political Contributions and Lobbying Efforts
June 2
The board's decision to donate ₹155 crore (via electoral bonds) to political parties constitutes significant political contribution. Such large-scale political funding can facilitate undue corporate influence in democratic processes, aligning the company with practices that may undermine transparency and accountability, thereby attracting a negative score from an anti-fascist perspective.
Anil Agarwal's Vedanta donated ₹155 crore to political parties this fiscal report
- NOV012023
In November 2023, Vedanta Ltd's board approved a Rs 200 crore donation to various political parties using electoral bonds. This donation, which far exceeded the company's average monthly contributions, has sparked criticism regarding transparency and the potential for corporate influence on political decision-making.
-60
Political Contributions and Lobbying Efforts
June 2
The donation through anonymous electoral bonds represents a problematic exertion of corporate influence by channeling large sums into political parties without accountability. This lack of transparency raises concerns about corporate interference in politics and the potential to support authoritarian policies. The scale of the donation, which far exceeds usual contributions, signals an escalation in political spending that fits within concerns of undue corporate lobbying.
Vedanta Board's Controversial Move: Rs 200 Cr Donation to Political ...
- OCT012023
An investigation by Transparency International reveals that Vedanta Aluminium has engaged in lobbying efforts aimed at weakening environmental safeguards in India, raising concerns about the company’s influence on public policy and alignment with deregulation practices that could bolster authoritarian interests.
-70
Political Contributions and Lobbying Efforts
June 2
The investigation highlights Vedanta Aluminium's active lobbying to weaken environmental protections, a move that aligns with corporate practices undermining public interest and democratic oversight. Such behavior contributes to broader institutional deregulation that can favor authoritarian regimes, warranting a strongly negative score under Political Contributions and Lobbying Efforts.
- SEP012023
A report from OCCRP, as covered by The Hindu, alleges that during the pandemic Vedanta ran a covert lobbying campaign to weaken key environmental regulations. The campaign allegedly pushed for increased mining production without public consultation and scrapped public hearings for exploratory oil drilling projects.
-80
Political Contributions and Lobbying Efforts
June 2
Vedanta's secretive lobbying efforts to alter environmental regulations without public oversight indicate a deliberate attempt to influence government policy in favor of corporate interests, undermining democratic and environmental standards.
Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP
-70
Regulatory Capture
June 2
The maneuver to change environmental laws through undisclosed lobbying constitutes a case of regulatory capture, where corporate interests usurp public and regulatory processes, harming environmental and community protections.
Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP
- JUN252023
Vedanta donated Rs 155 crore via electoral bonds to political parties in FY23, surpassing its previous donation levels. The opaque nature of electoral bond transactions raises concerns about supporting an authoritarian regime by channeling funds to political forces with far‐right leanings.
-75
Political Contributions and Lobbying Efforts
June 2
The donation of Rs 155 crore through electoral bonds, a mechanism that obscures the identities of recipients, is concerning. Such opaque funding can empower political parties aligned with authoritarian policies. This significant financial contribution exceeds previous amounts and may help bolster far-right influence, undermining transparent democratic processes.
Anil Agarwal's Vedanta donates Rs 155 crore to political parties in FY23
- JUN222023
Vedanta Limited, through its subsidiary Vedanta Aluminium, donated Rs 155 crore in the financial year 2022-23 to political parties via electoral bonds, a move that raises concerns about transparency in corporate political financing and its potential to indirectly support authoritarian policies.
-70
Political Contributions and Lobbying Efforts
June 2
The donation of Rs 155 crore through electoral bonds, a non-transparent mechanism, raises significant concerns. Such contributions can help fuel the financial power of parties already associated with majoritarian and potentially authoritarian policies. Given that large donations have been linked to disproportionate influence over political decision-making, this move is rated negatively from an anti-fascist perspective.
- MAR312023
Vedanta Ltd, part of the Vedanta conglomerate, donated Rs 155 crore to political parties in FY23 through electoral bonds, a move that raises concerns about opaque corporate political contributions and potential complicity with authoritarian-leaning political practices.
-80
Political Contributions and Lobbying Efforts
June 2
The donation of Rs 155 crore via electoral bonds indicates significant corporate involvement in politically sensitive funding practices. The use of electoral bonds, which obscure the identity of donors, undermines transparency in political financing and may indirectly support authoritarian-leaning governance. This politically opaque contribution raises concerns within the Public and Political Behavior category.
- MAR312023
Vedanta Aluminium donated Rs 155 crore to political parties through electoral bonds in the FY23 fiscal year, exceeding its CSR spending and raising serious questions about corporate influence and political transparency in India.
-80
Political Contributions and Lobbying Efforts
June 2
The company’s donation via electoral bonds—a mechanism that conceals donor identities—serves to bolster political influence in an opaque manner. This significant financial contribution to political parties can be seen as undermining democratic accountability, particularly in the context of supporting groups with authoritarian leanings. Such actions are judged negatively from an anti-fascist perspective.
- JAN012021
A report by OCCRP revealed that Vedanta lobbied the Indian government during the COVID-19 pandemic to relax environmental regulations, allowing mining companies to produce up to 50% more without new environmental approvals. Key lobbying actions included letters from Chairman Anil Agarwal and CEO Sunil Duggal, which influenced policy changes without public consultation, raising concerns about corporate capture of environmental governance.
-80
Political Contributions and Lobbying Efforts
June 2
Vedanta’s active lobbying by sending direct communications to top government officials, including the environment minister and Prime Minister, to relax environmental regulations demonstrates a clear effort to shape policy in favor of corporate interests, bypassing public consultation. Such actions reflect a negative influence on public and political behavior, aligning with authoritarian practices.
Vedanta Successfully Lobbied Indian Govt to Weaken Environmental ...
-70
Regulatory Capture
June 2
Internal documents and government communications indicate that Vedanta's lobbying efforts led to regulatory changes via office memos without proper public debate or consultation. This maneuver represents a significant case of regulatory capture, undermining accountability and harming environmental governance.
Vedanta Successfully Lobbied Indian Govt to Weaken Environmental ...
- JAN012021
In 2021, Vedanta’s chairman Anil Agarwal lobbied to weaken environmental regulations by suggesting that mining companies could boost production without new environmental clearances or public hearings. The covert lobbying led to regulatory changes that reduced public consultation requirements, raising concerns over democratic accountability and environmental protection.
-80
Political Contributions and Lobbying Efforts
June 2
Vedanta’s covert lobbying, as evidenced by the chairman’s letter advocating for rapid regulatory changes, demonstrates a deliberate effort to influence policy behind closed doors. This behavior undermines democratic accountability and favors authoritarian, profit-driven interests over public and environmental welfare.
Vedanta ran “covert” lobbying campaign in India to weaken environment regulations: report
-70
Regulatory Capture
June 2
The campaign ultimately contributed to a regulatory capture scenario where the government eased environmental oversight without proper public consultation. This undermines community rights and environmental justice in favor of industry expansion.
Vedanta ran “covert” lobbying campaign in India to weaken environment regulations: report
Industries
- 331314
- Secondary Smelting and Alloying of Aluminum
- 331315
- Aluminum Sheet, Plate, and Foil Manufacturing
- 331319
- Other Aluminum Rolling and Drawing