23 Nov 2022: S&P Global Corporate Sustainability Assessmentranks Hindustan Zinc 3rd*Globally in the metal and mining sector. With the latest rankings, the company has also retained its top ranking in the Asia Pacific region for the 4th consecutive year. The ranking is a testimony to Hindustan Zinc’s continuous progress to create value and improve lives through sustainable and responsible mining.
Speaking on the achievement, Mr. Arun Misra, CEO, of Hindustan Zinc said, “We are proud of the fact that our commitment to a sustainable future has gained global recognition. Last year, we moved from 7th to 5th globally in the S&P Global Corporate Sustainability Assessment in the metal & mining sector. This year we moved from 5th to 3rd globally through sustainability efforts adopted at Hindustan Zinc. These efforts go beyond the organizational framework and encompass the communities around our operations. We are determined that utilizing sustainable business methods is the basis of creating long-term value for our stakeholders, communities, and the environment. Our sustainability commitment continues to strengthen at Hindustan Zinc, as we invest in new innovative technologies and increase operating efficiency to lower emissions and this will help us in achieving Net Zero carbon ambition by 2050”.
Hindustan Zinc bagged a remarkable score of 80 during theCorporate Sustainability Assessment of November 18, 2022. The company’s CSA score improved from 77 last year. The CSA scores help companies to benchmark their environmental, social, and governance (ESG) performance against other companies and measure their progress in meeting sustainability objectives.
Hindustan Zinc, a Vedanta group company and India’s largest & only integrated producer of Zinc, Lead & Silver, is committed to reduction in carbon footprint, safe operations, and optimal use of natural resources, as part of their Sustainability Goals for 2025. The company is committed to the principle of sustainable development and has pledged to invest $1bn in the next five years to go green.
Hindustan Zinc continues to invest and strengthen its sustainability focus by delivering on well-defined goals and progress on a sustainable value-accretive journey. The company’s strong focus on delivering excellence through its best practices has led them to be awarded CAP 2.0, S&P Global Platts Awards, GreenCo Certification, CII National 5S Excellence Award, Bhamashah Award, and many more.
*The ranking is subject to change as 27% of companies invited to S&P ESG Indices await their ESG scores
Leave a Reply