Hindustan Zinc enters FTSE4Good Index Series for the 3rd consecutive year with significant improvement in ratings
Hindustan Zinc, a Vedanta Group Company and India’s only & World’s leading integrated Zinc-Lead-Silver producer claims its membership in FTSE4Good Index Series for the 3rdConsecutive year
Hindustan Zinc, a Vedanta Group Company and India’s only & World’s leading integrated Zinc-Lead-Silver producer claims its membership in FTSE4Good Index Series for the 3rdConsecutive year.
The company received outstanding score on Climate change, Water use, Biodiversity, Anticorruption practices. With the latest overall score, HZL now outperforms the Nonferrous metal industry average and India country average across all themes – Environment, Social, and Governance.
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
Speaking on the achievement, the CEO of Hindustan Zinc – Sunil Duggal said, “Sustainability, Integrity & Safety have always been the core values of Hindustan Zinc. We are glad to be included in FTSE4Good Index for the 3rd consecutive year, that strengthens our commitment towards strong Environmental, Social and Governance (ESG) Practices.”
Hindustan Zinc has been a flagbearer in this aspect through constant initiative and projects. The company has been able to achieve a sustainable ecosystem through advanced technologies and also believes in the philosophy of giving back to the society and continues its efforts towards conserving environment and community service.
Hindustan Zinc has even earned 1st rank globally in environment and overall 5th position in Dow Jones Sustainability index amongst mining and metal companies, platinum rating by Confederation of Indian Industry (CII)-Indian Green Building Council (IGBC), as well as accolades as the most admired zinc company of the world.