- The ISO certification is provided by Bureau Veritas Certification and covers the company’s mines, mills, smelters, power plants & offices.
Udaipur, 30th August 2022: Hindustan Zinc, a Vedanta group company and India’s largest & only integrated producer of Zinc, Lead & Silver has earned ISO 31000:2018 certification for its Enterprise Risk Management System. With this certification, the company has entered an impressive list of businesses that adhere to the highest governance and control standards in the domain of enterprise risk management. The certification covers the company’s mines, mills, smelters, power plants and offices. The ISO certification is provided by Bureau Veritas Certification.
Enterprise Risk Management allows managers to shape the organization’s overall risk position by mandating certain business segments engage with or disengage from particular activities. Hindustan Zinc has established an enterprise risk management framework that enables the company to identify strategic, financial, and operational ESG risks. The ESG risks occupy a central place in the company’s assessment process as they can have a significant impact on the business model. Under Enterprise Risk Management (ERM) framework, Hindustan Zinc has established a robust Information Security Management Framework which includes Policies, Standard Operating Procedures (SOP), Technology Standards and has set up an effective Security Assessments & Audit process for prevention of cyber-attacks and strengthening the overall Information Security Posture of the company’s Technology Landscape.
This milestone illustrates Hindustan Zinc’s commitment to effectively managing risks towards business sustenance & sustainable development of the company. With this accreditation, the workers, contractors, business partners, and customers would gain trust in the effectives processes, strategies and operations of the company in mitigating various risks associated with business. On the business front, Hindustan Zinc has been a trendsetter, instituting a number of measures to monitor the operations remotely through WiFi enabled digital mines of the future. It has also infused technological advancement across its supply chain operations which are known for its innovation.
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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