Hindustan Zinc Earns (A-) Leadership Band Scores from CDP for Climate Change and Water Security Excellence
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- The company received Leadership band scores from CDP for its continued strides towards Climate Change mitigation & Water Security practices
Udaipur, 6th February, 2024: Hindustan Zinc, a Vedanta group company, proudly announces its global recognition by CDP with the Leadership Band (A-), reaffirming its dedication to climate change and water security. This distinction not only underscores the company’s unwavering commitment to sustainability but also highlights its leadership in surpassing industry benchmarks.
The company’s collaborative efforts towards achieving #NetZero emissions, in alignment with their targets validated by SBTi, have propelled their journey towards decarbonising by 2050 or sooner. Introducing Battery Electric Vehicles (BEV) in underground mining & LNG vehicles in transportation, powering its Pantnagar Metal Plant with 100% green energy, securing its renewable energy sourcing of 450 MW while ensuring water positivity management through initiatives like 60 MLD Sewage Treatment Plant & using treated water for operations, Zero Liquid Discharge plants, and establishment of rainwater harvesting facilities to recharge groundwater, have contributed to the company’s global recognition.
CDP’s annual environmental disclosure and scoring process, hailed as the best in class of corporate environmental transparency, has recognized Hindustan Zinc for its comprehensive disclosure, awareness, and management of environmental risks.
Hindustan Zinc is dedicated to green operations and environmental stewardship, leveraging cutting-edge technology and sustainable practices. The company is leading globally with the highest CSA Score of 85 in the S&P Global Corporate Sustainability Assessment among the 238 companies in the metals and mining sector.
About Hindustan Zinc:
Hindustan Zinc, a Vedanta Group company in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and 5th 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/ and follow us on LinkedIn, Twitter, Facebook, and Instagram for more updates.
