Udaipur, 18th February 2025: Hindustan Zinc Limited (NSE: HINDZINC), India’s largest and the world’s second-largest integrated zinc producer, has set a global benchmark in corporate transparency and stakeholder communication by securing 1st rank globally in the Materials Category at the League of American Communications Professionals (LACP) Vision Awards 2023-24. Marking another milestone, Hindustan Zinc’s Sustainability Report 2023-24 secured the 1st position globally in the Materials category, earning a Platinum Award in its debut year at the LACP Vision Awards.
The company’s Integrated Annual Report FY 2023-24 clinched the Platinum Award, for the second time in a row making it among the Top 5 Integrated Reports globally. Solidifying its reputation, Hindustan Zinc’s report was also recognized as the “Most Creative Report Worldwide”, highlighting its innovative storytelling, compelling design, and engaging content among nearly 1,000 global participants. This achievement underscores the company’s unwavering commitment to exemplary standards in financial reporting and sustainability disclosures.
The League of American Communications Professionals (LACP) Vision Awards is among the most prestigious global platforms that recognize excellence in financial reporting, corporate communication, and stakeholder engagement. Established to promote best practices in corporate disclosures, the awards assess reports based on first impression, narrative clarity, creativity, message relevance, accessibility of information, and overall design. Receiving recognition at this level reflects a company’s commitment to transparency, accountability, and strategic vision.
Sandeep Modi, Chief Financial Officer, Hindustan Zinc Limited, said, “This prestigious recognition underscores Hindustan Zinc’s relentless pursuit of excellence in corporate reporting. Our Integrated Annual Report reflects our commitment to transparency, sustainability, and creating long-term value for our stakeholders. Securing the No. 1 position in the Materials category for our Integrated Annual Report and Sustainability Report reinforces our leadership in responsible corporate disclosures, reporting practices and ESG-driven growth.”
Key Highlights from Hindustan Zinc’s Integrated Annual Report and Sustainability Report –
Fifth Integrated Annual Report of Hindustan Zinc Limited developed in line with the guiding principles of the Integrated Reporting framework of the International Integrated Reporting Council (IIRC), now part of the IFRS Foundation
- Value created for stakeholders in 2023-24 at INR 33, 221 crores
- Value delivered in terms of dividends to shareholders in 2023-24 stood at INR 5,493 crores
- Contribution to exchequer of INR 13,195 crores for FY24
- INR 269 crores invested in various social impact initiatives for FY24 transforming the lives of over 1.9 million people in nearly 3,700 villages
- 64% local procurement in the state of Rajasthan and Uttarakhand in FY24
- 2.51 MGJ renewable energy generated in FY24
- Inaugurated phase 1 of 4,000 KLD zero liquid discharge (ZLD) plant at Zawar Mines
- Became the first Indian metal and mining company with validated Science Based Targets, aiming for net zero by 2050.
- Launched first Task Force on Nature Related financial disclosure (TNFD) report in India
- Received two Indian patents for pioneering new methodologies.
Hindustan Zinc’s award-winning Integrated Annual Report 2023-24, titled “Forging Ahead: Sustainably. Innovatively. Responsibly.”, achieved an outstanding score of 99 out of 100, setting a new benchmark for corporate disclosures. The 2023-24 edition of Hindustan Zinc’s Integrated Annual Report provides an in-depth analysis of the company’s financial performance, operational excellence, and sustainability milestones. The report reinforces Hindustan Zinc’s ESG leadership, resource efficiency, and long-term value creation strategies, further cementing its position as a global leader in the metals and mining sector. The company’s Integrated Annual Report and Sustainability Report can be accessed on the company website: www.hzlindia.com or by clicking here – https://www.hzlindia.com/wp-content/uploads/Integrated-Annual-Report-2023-24.pdf and https://www.hzlindia.com/wp-content/uploads/sustainability-report-fy-2023-24.pdf
Hindustan Zinc Limited, a Vedanta Group company, is the world’s second-largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024. Hindustan Zinc is also a certified 2.41 times Water-Positive company. As a world leader in the metals and mining industry, Hindustan Zinc is pivotal in providing critical metals essential for the global energy transition for a sustainable future.