Hindustan Zinc Wins ICAI Award for Best Large-Cap BRSR Report

Hindustan Zinc, the world’s largest integrated zinc producer and among the top five silver producers globally, has won the ‘Best BRSR Report – Manufacturing (Large Cap)’ award at the 4th ICAI Sustainability Reporting Awards, instituted by the Institute of Chartered Accountants of India (ICAI). The recognition highlights the company’s strong commitment to ethical governance, responsible manufacturing and transparent sustainability disclosures aligned with global ESG benchmarks.

In India, Business Responsibility and Sustainability Reporting (BRSR) is a SEBI-mandated ESG disclosure framework for the top 1,000 listed companies, aimed at improving consistency, comparability and accountability in sustainability reporting. Hindustan Zinc’s FY 2024–25 BRSR was recognised for its governance-led approach and emphasis on decision-useful, verifiable data rather than narrative-heavy disclosures.

The award jury cited the report’s structured presentation of material ESG indicators, including energy and emissions, water stewardship, biodiversity, occupational health and safety, community engagement and business conduct. These disclosures were backed by quantitative metrics, enabling greater transparency and informed assessment by investors and other stakeholders.

Commenting on the recognition, Arun Misra, CEO, Hindustan Zinc, said, “This recognition solidifies a core belief at Hindustan Zinc...that sustainability must be built into how we operate, govern and report. Transparent, high-quality disclosure is not a compliance exercise; it is fundamental to earning long-term trust. As we advance our journey towards a responsible, multi-metal future, we remain committed to pairing measurable action on the ground with credible, decision-useful reporting.”

Hindustan Zinc has been a consistent front-runner in sustainability and governance reporting, voluntarily adopting BRSR in FY 2021–22, ahead of SEBI’s mandate. The company’s reporting architecture spans multiple global frameworks, including GRI-aligned Sustainability Reports, a Climate Action Report aligned with IFRS S2, and India’s first TNFD report in the metals and mining sector.

On the operational front, Hindustan Zinc continues to integrate sustainability across its business. In March 2025, it signed a round-the-clock Power Delivery Agreement with Serentica Renewables to scale renewable capacity to 530 MW, supporting its target of sourcing 70% of electricity from renewables by FY28. Aligned with its SBTi-validated decarbonisation pathway and Net Zero goal by 2050 or earlier, the company recorded 6.7 lakh tonnes of GHG emission savings during the year and increased renewable energy to nearly 19 per cent of its power mix. It was also ranked the world’s most sustainable metals and mining company for the third consecutive year by S&P Global and became India’s first member of the International Council on Mining and Metals (ICMM).

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