Chhattisgarh-based Bharat Aluminium Company Limited (BALCO), a unit of Vedanta Aluminium, has achieved the Aluminium Stewardship Initiative (ASI) Performance Standard V3 Certification. This accolade positions BALCO as the inaugural Indian company to attain this certification, reflecting its commitment to sustainable practices in the aluminium value chain.
Certification Overview
- BALCO secured the ASI Performance Standard V3 Certification for its facility in Korba, encompassing a range of primary aluminium production processes.
- The certification recognizes BALCO’s adherence to 11 principles and 62 criteria across three sustainability pillars: Environment, Social, and Governance.
Production Capacity and Facility Features
- BALCO’s Korba facility comprises a smelter with two potlines, three cast-houses, a rolled product plant, and a power generation plant.
- These facilities collectively contribute to an annual production capacity of 575,000 tonnes of aluminium.
Sustainability Focus Areas
- The ASI Performance Standard V3 targets key sustainability areas within the aluminium value chain, including biodiversity conservation, indigenous peoples’ rights, circularity, and greenhouse gas emissions reduction.
- BALCO’s certification underscores its dedication to environmentally and socially responsible practices throughout its operations.
Independent Certification Process
- The certification process involved an independent, third-party audit conducted by CETIZION Verifica, ensuring credibility and impartiality.
Industry Recognition and Leadership
- John Slaven, CEO of Vedanta Aluminium, commended BALCO’s pioneering efforts in sustainable aluminium production, positioning it as a benchmark within the global industry.
- Fiona Solomon, CEO of the Aluminium Stewardship Initiative, emphasized BALCO’s significance as a leading player in the Indian aluminium sector and praised its milestone achievement.
Future Sustainability Goals
- BALCO, as part of Vedanta Limited – Aluminium Business, is committed to achieving Net Zero emissions by 2050, with clear timelines set to mitigate emissions.
- This forward-looking approach underscores BALCO’s dedication to long-term environmental stewardship and sustainability.
By securing the ASI Performance Standard V3 Certification, BALCO reaffirms its leadership in sustainable aluminium production, setting a precedent for the Indian industry and demonstrating its commitment to global sustainability standards.