Paper Topic:
Vedanta Resources: compilation of ethical ratings
Vedanta Resources Metals and Mining Decision Vedanta resources , a LSE listed metals and mining company , places huge importance on its social responsibility . As a part of its Corporate Social Responsibility , it publishes a comprehensive report on sustainable development . The report shows their concerns over environmental issues , health and safety , community works and labor relations . Vedanta Resources also reports their improvements or failures in their actions and policies . An important aspect of their corporate social responsibility is that they not only communicate their CSR , but also devise some proactive policies
. Very often , they show a tendency of measuring their progress through the point of views of their stakeholders
The major industry concern is the environmental effects . On the other hand , the major specific concern seems to be human right issues where a number of acquisitions made against the company for the violation of human rights in India as well as in UK . Particularly the Church of England has sold off its holdings in the company this year which was worth of around 3 .75 million pound on account of the company 's ill treatments towards the tribal population in Orissa
Overall the operations of Vedanta Resources do not seems to be unethical . They actually put some serious effort to follow some strong ethical codes in their actions . They also extensively report about their corporate social responsibility . They put huge importance on the health and safety of their employees as well as the people living in the neighborhood of their areas of...
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