Hindustan Zinc Included in S&P Global Sustainability Yearbook 2025


Hindustan Zinc Included in S&P Global Sustainability Yearbook 2025

This is Hindustan Zinc Limited’s eighth consecutive inclusion and second consecutive ranking in the top one percent

 
hindustan zinc

Udaipur, February 15, 2025 - Hindustan Zinc Limited (HZL), India's largest and the world's second-largest integrated zinc producer, has been included in the S&P Global Sustainability Yearbook 2025 and ranked in the top one percent. This is the company's eighth consecutive inclusion and its second consecutive ranking in the top one percent, confirming its commitment to sustainability and responsible business practices.

This follows HZL's recognition in the S&P Global Corporate Sustainability Assessment (CSA) 2024, where it was acknowledged as the world's most sustainable metal and mining company for the second consecutive year. The recognition highlights its operational excellence, innovation and leadership in Environmental, Social, and Governance (ESG) initiatives.

Companies included in the prestigious S&P Global Sustainability Yearbook are selected based on their performance in the S&P Global Corporate Sustainability Assessment (CSA) 2024. To qualify for this recognition, companies must rank in the top 15 percent of their industry and achieve a CSA score within the top 30 percent of their sector. Of the 7,690 companies assessed across 62 industries, only 780 companies made it into this year's Yearbook.

HZL's commitment to responsible and sustainable manufacturing practices has earned it a place in the top 1 percent of the prestigious Yearbook. Specifically, HZL is committed to achieving net zero by 2050 or earlier. As part of its climate action roadmap, the company has reduced its greenhouse gas (GHG) emission intensity by 14 percent compared to the base year 2020, while increasing production each year.

On this achievement, HZL CEO Arun Mishra said that being included in the top 1 percent of companies in the S&P Global Sustainability Yearbook for the second consecutive year demonstrates the company's unwavering commitment to sustainability. This recognition reflects its dedication to responsible operations, innovation and creating long-term value for all stakeholders. Sustainability is at the heart of their business, and as the world moves toward a low-carbon economy, HZL's zinc and silver products will play a crucial role in driving this change. Its continued focus on operational excellence and ESG leadership will lead to even more achievements.

HZL is making significant strides towards sustainability, with plans to increase renewable energy contributions to over 70 percent of its total electricity requirements by 2027. It has also signed a Memorandum of Understanding (MoU) for 530 MW sources of round-the-clock power distribution. In line with the United Nations Sustainable Development Goals (SDGs), the company is currently 2.41 times water-positive and has reduced net water withdrawal by 8.67 percent compared to FY20.

HZL is the only Indian company in the mining and metal sector that has achieved ambitious Science-Based Targets Initiative (SBTi) aligned with the 1.5°C global warming limit. To reduce its carbon footprint, the company is increasing the share of renewable energy in its current power mix, improving operational efficiency to reduce energy consumption, and using clean fuels and electric vehicles. Notably, HZL has recently launched Asia's first low-carbon "green" zinc, EcoZen, which has a carbon footprint nearly 75 percent lower than the global average.

Strengthening its strong commitment to sustainability, the company's extensive product portfolio includes the country's first product to be verified with an Environmental Product Declaration (EPD), providing comparable data on the environmental footprint of the product. The company has also received the prestigious Leadership Band (A-) designation from the Carbon Disclosure Project (CDP) for its exemplary efforts in water security and climate change. This recognition is a testament to HZL's sustainable business practices and innovation-driven approach to achieving a thriving ecosystem.

The company continues to invest in strengthening its sustainability framework and creating sustainable value for stakeholders, communities, and the environment, moving towards a more responsible and resilient future.

A subsidiary of the Vedanta Group, HZL is the world’s second-largest integrated zinc producer and the third-largest silver producer. The company supplies to over 40 countries and holds a market share of nearly 75 percent in the primary zinc market in India. As a leader in the metal and mining industry, HZL is crucial in providing the metals necessary for the global energy transition towards a sustainable future.

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