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Company Directory - Vedanta Limited

Company Details - Vedanta Limited

Vedanta Limited Logo

Vedanta Limited

Website

Mumbai, India

NSE: VEDL, BSE: 500295 

ISIN: INE205A01025

Vedanta is a global diversified natural resources company, engaged in oil, gas, metals, and mining. The company encompasses a wide range of operations and is committed to sustainable practices.

CCI Score

CCI Score: Vedanta Limited

-43.68

0.18%

Latest Event

Vedanta Expresses Interest in Expanding Operations in Odisha

Vedanta Limited was mentioned as one of the industrial majors expressing strong interest in expanding its footprint in Odisha, as part of a broader industrial development initiative that includes significant investments and job creation.

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TOADIE

Vedanta Limited is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Vedanta Expresses Interest in Expanding Operations in Odisha Logo
    MAY
    18
    2025

    Vedanta Limited was mentioned as one of the industrial majors expressing strong interest in expanding its footprint in Odisha, as part of a broader industrial development initiative that includes significant investments and job creation.

  • Alleged violence and intimidation at Vedanta mining project public hearing Logo
    OCT
    15
    2023

    During a public hearing on 15 October 2023 in Odisha’s Rayagada district for Vedanta’s proposed Sijimali bauxite mining project, allegations emerged of violence, fear, and intimidation against human rights defenders. Reports indicate that 21 individuals were arrested and the project could displace 100 families from 18 villages, adversely affecting the livelihoods of an additional 500 families.

  • -80

    Labor Relations and Human Rights Practices

    May 17

    The event highlights serious allegations of violence, arrests, and intimidation of human rights defenders in opposition to Vedanta's mining project. These actions demonstrate a disregard for labor rights and community protection, undermining anti-fascist standards and contributing to an environment of fear and repression.

    India: Alleged violence & intimidation against human rights defenders during public hearing for Vedanta's proposed mining project; incl. company response

  • Vedanta Weakens Environmental Regulations Through Lobbying Logo
    SEP
    01
    2023

    According to an OCCRP report, Vedanta Limited conducted a covert lobbying campaign during the pandemic aimed at weakening key environmental regulations. The company pushed for scrapping public hearings for oil exploration projects and advocated for regulatory changes to boost production, reflecting a strategy that prioritizes profit over public environmental and democratic concerns.

  • -80

    Political Contributions and Lobbying Efforts

    May 17

    Vedanta’s covert lobbying campaign to weaken environmental regulations—evidenced by its efforts to scrap public hearings and its communications with government officials—demonstrates a prioritization of corporate gain over public and environmental welfare. This pattern of behavior undermines democratic processes and transparency.

    Vedanta lobbied to weaken key environmental regulations: OCCRP

  • -50

    Regulatory Capture

    May 17

    The report shows that Vedanta influenced changes in environmental policies during the pandemic, an act that reflects regulatory capture. This manipulation of regulatory processes serves corporate interests at the expense of public accountability and safety.

    Vedanta lobbied to weaken key environmental regulations: OCCRP

  • Vedanta Political Donation via Electoral Bonds Logo
    JUN
    22
    2023

    Vedanta Limited donated Rs 155 Cr to political parties through electoral bonds in FY23, contributing to a five‐year total of Rs 457 Cr in political donations and raising significant transparency and accountability concerns regarding its support for parties with authoritarian leanings.

  • -80

    Political Contributions and Lobbying Efforts

    May 17

    The company's donation of Rs 155 Cr via electoral bonds, increasing its cumulative political donations to Rs 457 Cr over five years, directly channels funds to political parties, notably those with authoritarian tendencies such as the BJP. This practice undermines transparency and democratic accountability, hence a strongly negative score is applied.

    Mining MNC Vedanta Donates Rs 155 Cr to Political Parties via Electoral Bonds, Total Rs 457 Cr in 5 Years

  • Vedanta Lobbying to Weaken Environmental Regulations Logo
    JUN
    01
    2020

    During the Covid-19 pandemic, Vedanta covertly lobbied to weaken key environmental laws, as detailed in an OCCRP report. The company pushed for regulatory amendments to allow increased mining and oil exploration without required public consultations, including scrapping public hearings for oil projects by its subsidiary Cairn Oil & Gas.

  • -70

    Political Contributions and Lobbying Efforts

    May 17

    Vedanta’s covert lobbying efforts aimed at weakening environmental regulations during the Covid-19 pandemic demonstrate an attempt to undermine public oversight and environmental protections, a tactic often associated with regulatory capture and authoritarian influence. This action prioritizes corporate profit over democratic environmental governance.

    After Adani, OCCRP targets Vedanta for lobbying to weaken key environmental laws

  • Vedanta Faces Damning Report on Regulatory and Human Rights Abuses Logo
    SEP
    27
    2018

    A coalition of organizations released the report 'Vedanta’s Billions' detailing a range of legal judgments against Vedanta for environmental pollution, illegal mining, human rights abuses, and even a corporate massacre. The report also criticizes the failure of regulators like the FCA and calls for accountability, with protests planned outside the FCA headquarters.

  • -80

    Labor Relations and Human Rights Practices

    May 17

    The report reveals a pattern of human rights abuses and environmental violations across Vedanta’s global operations, including the deadly suppression of protests and illegal mining practices. Such practices undermine worker rights and community safety, reflecting profoundly unethical business practices.

    ‘Vedanta’s Billions: Regulatory failure, environment and human rights’ – report released

  • -70

    Regulatory Capture

    May 17

    The report criticizes the role of the City of London and the Financial Conduct Authority (FCA) for failing to regulate and penalize Vedanta for its continuing misconduct. This regulatory capture facilitates a permissive environment that allows the company to evade accountability for its abuses.

    ‘Vedanta’s Billions: Regulatory failure, environment and human rights’ – report released

Corporate Financials

Revenue
2023
$7.60B

Industries

211120
Crude Petroleum Extraction
213112
Support Activities for Oil and Gas Operations
331410
Nonferrous Metal (except Aluminum) Smelting and Refining
331491
Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
212234
Copper, Nickel, Lead, and Zinc Mining