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Our Approach towards Sustainability
At Hindustan Zinc, we are committed to carving a sustainable growth path and create value for all our stakeholders, by conducting business in an ethical and responsible manner. From driving innovations and practicing sustainable mining to reducing environmental footprint and ensuring inclusive community growth, we embed sustainability across the value chain.
Our robust Sustainable Development Framework includes a suite of sustainability policies, standards and guidance notes, which steer our operational and social excellence, advancing business outcomes as well as the communities and environment where we operate. This is adopted from our parent company, Vedanta and comprises of 4 pillars of Responsible Production, Building Strong Relationships, Adding and Sharing Value and Strategic Communication. As a signatory to the United Nations Global Compact (UNGC), our approach to conducting business in harmony with our all stakeholders aligns with the 10 principles of UNGC on human rights, labour standards, environmental protection and anti-corruption.
Our Sustainability Framework
Comprises policies, technical standards, management standards and guidance notes to establish clear standards and targets for improving performance and maximising value.
Responsible Stewardship
Denotes ensuring effective and appropriate business processes, including robust compliance and risk management, protecting health and safety of our employees and managing our environmental and social impacts
Building Strong Relationships
Captures our engagement with people and organisations interested in our business; enables us to effectively identify new areas to unlock value, and pre-empt and manage challenges
Adding and Sharing Value
Encapsulates the direct and indirect positive economic impact of investing in people, building infrastructure, developing technology and paying taxes, royalties and other payments to local, state and national governments; captures the value generated by turning ideas into specific projects, including collaborating with governments and NGOs, and shared with local communities.
Strategic Communications
Interlocks with the other three pillars and is the guiding principle for engaging with stakeholders transparently; a vital element in ensuring our ‘license to operate’
Sustainability Assurance Programme
Is our sustainability risk assurance tool which is used to assess compliance of our businesses with the and identify and address gaps, if any. It has different modules covering environment, health, safety, community and human rights. The assessment is conducted annually under the direct supervision of our senior leadership.