Hindustan Zinc Secures Top 1% Ranking in S&P Global Sustainability Yearbook 2024

Hindustan Zinc Secures Top 1% Ranking in S&P Global Sustainability Yearbook 2024

The company’s sustainability efforts earn a spot in the sustainability yearbook for the seventh consecutive year...

Hindustan Zinc

Hindustan Zinc Limited, a Vedanta Group company and India’s largest & only integrated producer of Zinc, Lead & Silver, features amongst top 1% ESG Score in the metals & mining sector in S&P Global Sustainability Yearbook 2024. This recognition marks the company's seventh consecutive appearance in the yearbook, reflecting its commitment to sustainable practices. 

The S&P Global Sustainability Yearbook is recognized as one of the most comprehensive databases for business sustainability. It aims to commend companies demonstrating corporate sustainability practices with a focus on long-term growth drivers. Hindustan Zinc's inclusion in the top 1% follows its highest CSA score of 85 points in the 2023 Corporate Sustainability Assessment of S&P Global, in the metals and mining sector. 

Hindustan Zinc remains determined in its belief that sustainable business practices are essential for creating long-term value for stakeholders, communities, and the environment. Aligned with the Sustainable Development Goals, the company emphasizes innovation towards achieving a Zero Harm, Zero Discharge, and Zero Waste ecosystem. Hindustan Zinc continues to invest in and strengthen its sustainability focus, delivering on well-defined goals and advancing towards a more sustainable future. Recently, the company also received (A-) Leadership Band Scores from CDP for Climate Change and Water Security Excellence. 

Notably, Sustainability Yearbook members are selected based on their score from the S&P Global 2023 Corporate Sustainability Assessment, known as the CSA Score. To be listed in the Yearbook, companies must score within the top 15% of their industry and achieve a CSA Score within 30% of their industry’s top-performing company. 

About Hindustan Zinc:
Hindustan Zinc, a Vedanta Group company in Zinc-Lead and Silver business is world’s 2 nd largest integrated Zinc producer and 5 th largest Silver producer. The company governs about ~80% of the growing Zinc market in India with its headquarters at Udaipur along with Zinc- Lead mines and smelting complexes spread across the state of Rajasthan. 

Hindustan Zinc is self-sufficient in power with captive thermal power plants and has ventured into green energy by setting-up wind power plants. The company ranked highest in the S&P Global Corporate Sustainability Assessment in 2023 amongst Metals & Mining companies reflecting & reaffirming its constant commitment towards sustainable and responsible mining practices. Hindustan Zinc is a certified Water Positive company and is the only Indian company to be recognized at the S&P Global Platts Metal Award 2022 winning two prestigious awards for ‘Industry Leadership Award – Base, Precious & Specialty Metals’ Award and ‘Corporate Social Responsibility’ Award. Hindustan Zinc is also the only Indian company in Mining sector with validated & approved SBTi targets in alignment with 1.5 °C target. 

The company takes pride in having some of the best-in-class people practices and employee-centric initiatives, which have certified Hindustan Zinc as – ‘Great Place to Work 2023’, ‘Company with Great Managers 2022’ by People Business and the ‘People-first HR Excellence Award’. 

As a socially responsible corporate, Hindustan Zinc has been relentlessly working towards transforming lives of 1.7 million people in 237 villages in the states of Rajasthan and Uttarakhand with a spend base of INR 276.3 crores in FY23 for various community development initiatives and is amongst the Top 10 CSR Companies in India. 

Learn more about Hindustan Zinc on - https://www.hzlindia.com/home/

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