Forest Ministry free to say ‘no’ to Vedanta
The Attorney-General of India has given the government a free rein to refuse forest clearance for Vedanta Aluminium’s bauxite mining proposal in the Niyamgiri Hills of Orissa. The project has been put on hold, while a committee led by NAC member N.C. Saxena examines how it would impact the life, livelihood and culture of Dongria [...]
EIRIS recommends governance steps to tackle investor concerns at Vedanta
Responsible investment research specialists, EIRIS, yesterday published a series of best practice recommendations designed to address investors’ concerns about environmental, social and governance (ESG) practices at Vedanta Resources (the FTSE 100 mining Company with interests in India and around the world). Vedanta Resources is facing growing international scrutiny from investors and NGOs for its plans [...]
Vedanta subsidiary wants land for steel production
Sesa Goa to buy land in Orissa, Jharkhand; plans to set up steel plant India’s largest private sector producer and exporter of iron ore, Sesa Goa Ltd, is acquiring land in the eastern states of Jharkhand and Orissa with an eye on manufacturing steel, managing director P.K. Mukherjee said on Tuesday. See http://www.americanchronicle.com/articles/yb/147653770.
Vedanta faces protests at AGM over ethical record
The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an attempt by activist shareholders to remove members of the board. Vedanta, the world’s biggest zinc producer, declined to comment yesterday [...]
Take action on Vedanta
Rainforest Information Centre in Australia has launched an email campaign to protect Niyamgiri, a sacred mountain in Orissa, India, the Dongria Kondh, an indigenous tribe who worship this mountain as their god as well as the elephants, tigars and leopards who live there. Please visit http://www.niyamgiri.net where, with a few clicks of the mouse, you [...]
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