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Vedanta Resources Limited: Issues of Sustainability

Roopal Gupta, Tanuja Sharma

商品編號:W37126
出版日期:2024/07/24
再版日期:
商品來源:
商品主題:Human Resource Management; Sustainability
商品類型:Case (Pub Mat)
涵蓋議題:ESG;Developing economies;Responsible organisations;Social consent to operate
難易度:4 - Undergraduate/MBA
內容長度:11 頁
地域:India
產業:Mining; Quarrying; and Oil and Gas Extraction
事件年度:2020

In August 2020, Sterlite Copper, a mining company in India, was shut down for good by the Madras High Court following a lengthy legal battle with the local Indian community, who accused the mine of environmental pollution. This verdict was a blow for Anil Agarwal, the executive chairman of the mine’s parent company, Vedanta Resources Limited (VRL), because the mine’s closing not only caused serious economic losses but also damaged VRL’s reputation around the world. Subsidiaries of VRL had successfully operated in Ireland and Australia—both developed economies—but had faced strong opposition in developing economies such as Zambia, Namibia, and India. Although VRL publicly advocated for corporate social responsibility and had received awards for its sustainability practices, the company continued to experience a lack of social consent from the local communities surrounding its operations in developing countries. Why was VRL failing in those countries despite its profitable operations? Were there cleaner and more efficient ways of extracting minerals to improve the company’s sustainability? Or were there other environmental, social, and governance factors that made mining difficult in developing economies?

教學手冊:Vedanta Resources Limited: Issues of Sustainability - Teaching Note
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