Vedanta Ltd.
Facing A Debt OverloadÂ
With a debt to equity ratio of 2.04, Vedanta relies significantly on debt for financing, which can increase both potential returns and risks
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is a prominent global natural resources’ company with a presence in India, South Africa, Namibia, Liberia, the UAE, Korea, Taiwan and Japan. It operates across a diverse range of sectors, including oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, power and glass substrate, and is also venturing into semiconductors and display glass. Over the past two decades, Vedanta has made substantial contributions to national development.
At the heart of Vedanta’s approach lies a commitment to governance and sustainable development, with a strong emphasis on health, safety and environmental considerations. The company has established a comprehensive framework to lead in ESG (environmental, social and governance) practices within the natural resources’ sector. Vedanta is dedicated to achieving net-zero carbon emissions by 2050 or earlier and has allocated USD 5 billion over the next decade to expedite this transition. Additionally, giving back to local communities is ingrained in Vedanta’s ethos as it actively strives to improve the wellbeing of these communities.