Diversity and Inclusion
The Board believes that diversity of skills, experience, knowledge and background is of significant importance both at Board level and throughout the Group. It recognises that harnessing the benefits of diversity in all its forms can contribute to sustainable value generation. Gender diversity is a significant element of this and while the Group has made significant strides in this area within the organisation, the Board acknowledges that there is a lot more to be done.
We have set ourselves an aspirational target to achieve a minimum of 25% female representation on the Board by 2015. As we do not have any women on the Board at present, this remains a key priority of the Board. Historically, the gender balance in leadership roles has been a challenge for the natural resources sector and Vedanta is no different. However, we are determined to make serious efforts to move in a positive direction and the Group has recently appointed a female independent Non-Executive Director to the Board of Vedanta Limited (formerly known as Sesa Sterlite Ltd/Sesa Goa Ltd)
The Company faces similar challenges to those of other organisations in the natural resources sectors in maintaining diversity, including at Board and senior management levels. To address these, a number of policies and processes have been implemented throughout the organisation to attract and retain diverse talent and to support gender diversity in employee recruitment, development and promotion within the Group.