- The company’s sustainability efforts earn a spot in the esteemed yearbook for the sixth consecutive year
Udaipur, 7th February 2023: Hindustan Zinc, the India’s largest & only integrated producer of Zinc, Lead & Silver, ranks amongst top 5% ESG Score in the metals & mining sector in S&P Global Sustainability Yearbook 2023. The company has been featured for the sixth consecutive year and this ranking reaffirms their best-in-class sustainable practises.
On this achievement, Mr. Arun Misra, CEO of Hindustan Zinc said, “We have always included ESG in every aspect of our operations at Hindustan Zinc, setting benchmarks for the sector as a whole. Every year, our teams work to achieve new milestone records by keeping sustainability at the core, and as we rank in the top 5% ESG Score in the S&P Global Sustainability Yearbook, it is a testament to all these records. All initiatives undertaken by us are in accordance to our Net Zero objective and Sustainability Goals 2025. This encourages us to keep up our ESG efforts and build a sustainable world.’’
S&P Global Sustainability Yearbook is one of the world’s largest and most comprehensive business sustainability databases. The purpose of the Sustainability Yearbook is to recognise companies that demonstrate best-in-class corporate sustainability practises as well as have a focus on long-term growth drivers. The result follows the score achieved in the 2022 Corporate Sustainability Assessment of S&P Global, in which Hindustan Zinc obtained the Top Score of 80 points in metal and mining sector.
Hindustan Zinc, a Vedanta group company, is determined that utilising sustainable business methods is the basis for creating long-term value for their stakeholders, communities, and environment. As a part of their Sustainable Development Goals, the company fosters innovation in the pursuit of a Zero Harm, Zero Discharge, and Zero Waste ecosystem, the conservation of resources & the improvement of health, safety, and sustainability practises across its operations. The company also continues to invest and strengthen its sustainability focus by delivering on well-defined goals and progressing on a sustainable value-accretive journey.
Recently, Hindustan Zinc has been ranked 3rd Globally and 1st in Asia Pacific Region in S&P Global Corporate Sustainability Assessment under metal & mining sector. The company’s commitment towards Environment, Social and Governance has also been recognized by CAP 2.0, S&P Global Platts Awards, GreenCo Certification, CII National 5S Excellence Award, Bhamashah Award and many more.
About Hindustan Zinc Limited
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, reflecting its operational excellence, innovation, and leading ESG practices. The company also launched EcoZen, Asia’s first low carbon ‘green’ zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average. Hindustan Zinc is also a certified 2.41 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. Transforming the lives of 1.9 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. As an energy transition metals company, Hindustan Zinc is pivotal in providing critical metals essential for a sustainable future.
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