- The company ranked 3rd Globally in the Metal and Mining Sector in the latest S&P Global Corporate Sustainability Assessment*
- The company retained its 1st position in Asia Pacific for 4th consecutive year
Udaipur, 18th Nov 2022: S&P Global Corporate Sustainability Assessment ranks Hindustan Zinc 3rd* Globally in the metal and mining sector. With the latest rankings, the company has also retained its top ranking in the Asia Pacific region for the 4th consecutive year. The ranking is a testimony to Hindustan Zinc’s continuous progress to create value and improve lives through sustainable and responsible mining.
Speaking on the achievement, Mr. Arun Misra, CEO, Hindustan Zinc said, “We are proud of the fact that our commitment to a sustainable future has gained global recognition. Last year, we moved from 7th to 5th globally in the S&P Global Corporate Sustainability Assessment in the metal & mining sector. This year we moved from 5th to 3rd globally through sustainability efforts adopted at Hindustan Zinc. These efforts go beyond the organisational framework and encompass the communities around our operations. We are determined that utilizing sustainable business methods is the basis of creating long-term value for our stakeholders, communities, and the environment. Our sustainability commitment continues to strengthen at Hindustan Zinc, as we invest in new innovative technologies and increase operating efficiency to lower emissions and this will help us in achieving Net Zero carbon ambition by 2050”.
Hindustan Zinc bagged a remarkable score of 80 during the Corporate Sustainability Assessment as on November 18, 2022. The company’s CSA score improved from 77 last year. The CSA scores help the companies to benchmark their environment, social and governance (ESG) performance against other companies and to measure their progress in meeting sustainability objectives.
Hindustan Zinc, a Vedanta group company and India’s largest & only integrated producer of Zinc, Lead & Silver, is committed to reduction in carbon footprint, safe operations and optimal use of natural resources, as part of their Sustainability Goals 2025. The company is committed to the principle of sustainable development and has pledged to invest $1bn in the next five years to go green.
Hindustan Zinc continues to invest and strengthen their sustainability focus by delivering on well-defined goals and progress on a sustainable value-accretive journey. The company’s strong focus on delivering excellence through their best practices has led them to be awarded by CAP 2.0, S&P Global Platts Awards, GreenCo Certification, CII National 5S Excellence Award, Bhamashah Award and many more.
*The ranking is subject to change as 27% of companies invited to S&P ESG Indices await their ESG scores
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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