- The company has been awarded the Most Sustainable Company in the Mining Industry by World finance at their Sustainability Awards 2021
- The company is recognized for its actions towards innovating and adopting new greener technologies to reduce CO2 emissions, water conservation, and biodiversity management
Udaipur, July 2nd 2021: Hindustan Zinc (HZL), one of world’s largest and India’s only integrated producer of Zinc, Lead, and Silver has been awarded the “Most Sustainable Company In Mining Industry” by World Finance.
The company has been recognized for its ESG disclosure, its ambitious Sustainability goals 2025, analysis of the environmental impact and responsible approach towards its business, and many efforts towards GHG emissions reduction, water stewardship, circular economy, biodiversity conservation, zero harm, positive impact on local communities, diversity and equality and responsible sourcing. Hindustan Zinc strives to conserve natural resources and adopt greener technologies wherever possible to ensure its environmental footprint shrinks year on year.
Commenting on the achievement CEO of Hindustan Zinc, Mr. Arun Misra said, “Sustainability is deeply embedded as an integral part of our work culture at Hindustan Zinc. We believe in driving long-term sustainable economic development by protecting the health and safety of our people, community, and environment. We are continuously investing in strengthening our operations by bringing best-in-class technology and digitalization solutions to walk the talk in being a smart and sustainable global organization. We are proud to be recognized as the “Most Sustainable Company in Mining Industry 2021” across the world and are committed to continue to lead in reducing CO2 emissions, water conservation, and biodiversity management.”.
Hindustan Zinc embarked on a digital transformation program to drive a different way of working for a sustainable future, aimed at enhancing stakeholder value through exploration, innovation, safety, and sustainability, maintaining market leadership, and increasing customer delight. Hindustan Zinc has increasingly been using technology for the automation of processes and has started integrating technologies across the value chain to reduce waste, increase resource efficiency, and drive-up productivity while promoting the harnessing of renewable energy sources.
Hindustan Zinc is taking all possible efforts to limit climate change, mitigate its catastrophic effects, and ultimately save lives. In addition to setting ambitious targets to achieve sustainability in the business, the company has established a stronger governance structure, for increased transparency. Protecting and enhancing biodiversity is also an integral part of Hindustan Zinc’s commitment to sustainable development. The company has a separate policy on biodiversity and stays committed to preventing risk on biodiversity throughout our business. The company aims to be self-sufficient and green in fulfilling energy requirements so as not to put any stress on the energy-starved state of Rajasthan, which plays host to a significant part of operations. The company’s portfolio of over 348.54 MW of renewable energy generation is testimony to the HZL philosophy of growing responsibly.
Hindustan Zinc is on a journey, one which focuses on nurturing leaders, conserving resources, improving health, safety, and wellbeing. The company aims to be the example that others wish to emulate when it comes to environmental performance, enhancing the quality of life, and fostering innovation. The company ranked first in the Asia-Pacific region and seventh globally in the metal and mining sector by the Dow Jones Sustainability Index for the third consecutive year and is among India’s first companies to be included in The CDP climate change ‘A List’ for 2020. This award is a testimony to Hindustan Zinc’s effort towards sustainability.
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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