Celebrating the Strength of our Capitals

Our financial capital comprises our financial resources such as cash, credit lines, etc. We focus on judicious allocation and deployment of capital to deliver a higher internal rate of return (IRR) and value creation for our stakeholders. We also endeavour to keep our financial risks to the minimum.

^#During FY 2022-23

^*Read more under Financial KPI’s

Our mines and manufacturing assets, such as smelters, refinery and power plants, constitute our manufactured capital. Our manufactured capital strength is driven by 25+ years of mine life, robust reserve and resource base, high safety standards, sustainable operations and use of best-in-class technology. We are continually upgrading our assets to keep production costs under control and maintain the quality levels.

^#As on March 31, 2023

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We are continually augmenting our intellectual capital, which includes the technological knowhow that helps run our mining operations successfully and sustainably. We have a strong innovation edge, driven by our investments in advanced technology, digitisation, automation and analytics, research & development, and the skill upgradation of our people.

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We look at our human capital as a key asset for our sustained and sustainable progress. Their growth, learning and skill development, safety, welfare and well-being are central to our strategic approach. We remain committed to nurturing our human resources in an environment of inclusive diversity and engagement.

^#As on March 31, 2023
*During FY 2022-23

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Our strategic approach is led by our strong focus on strengthening stakeholder relationships to drive value creation. We work closely with customers, communities, people, suppliers/vendors, the government and regulators in line with this strategy. We make regular investments in the areas of education, women’s empowerment, sustainable livelihood, health, water and sanitation, sports and culture, environment, safety and CSR to meet stakeholder expectations and ensure sustained value creation.

*During FY 2022-23

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We have identified our natural capital as a vital engine of our business growth and the nation’s progress. We are continually working towards the realisation of our ‘Sustainability Goals 2025’ through targeted initiatives to reduce our greenhouse gas (GHG) emissions, remain water positive, recycle waste, foster biodiversity, ensure safety and diversity at the workplace and enable inclusive growth of the communities around which we operate.

^#As on March 31, 2023
*During FY 2022-23

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