- The company’s sustainability efforts earn a spot in the sustainability yearbook for the seventh consecutive year
Udaipur, 8th February 2024: Hindustan Zinc Limited, a Vedanta Group company and India’s largest & only integrated producer of Zinc, Lead & Silver, features amongst top 1% ESG Score in the metals & mining sector in S&P Global Sustainability Yearbook 2024. This recognition marks the company’s seventh consecutive appearance in the yearbook, reflecting its commitment to sustainable practices.
The S&P Global Sustainability Yearbook is recognized as one of the most comprehensive databases for business sustainability. It aims to commend companies demonstrating corporate sustainability practices with a focus on long-term growth drivers. Hindustan Zinc’s inclusion in the top 1% follows its highest CSA score of 85 points in the 2023 Corporate Sustainability Assessment of S&P Global, in the metals and mining sector.
Hindustan Zinc remains determined in its belief that sustainable business practices are essential for creating long-term value for stakeholders, communities, and the environment. Aligned with the Sustainable Development Goals, the company emphasizes innovation towards achieving a Zero Harm, Zero Discharge, and Zero Waste ecosystem. Hindustan Zinc continues to invest in and strengthen its sustainability focus, delivering on well-defined goals and advancing towards a more sustainable future. Recently, the company also received (A-) Leadership Band Scores from CDP for Climate Change and Water Security Excellence.
Notably, Sustainability Yearbook members are selected based on their score from the S&P Global 2023 Corporate Sustainability Assessment, known as the CSA Score. To be listed in the Yearbook, companies must score within the top 15% of their industry and achieve a CSA Score within 30% of their industry’s top-performing company.
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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