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

17 Feb 2025 CW Team

Hindustan Zinc, India’s largest and the world’s second largest integrated zinc producer, has been featured in the S&P Global Sustainability Yearbook 2025, securing Top 1 per cent ranking. This marks the company’s 8th consecutive inclusion and the 2nd consecutive year ranking of Top 1 per cent, reaffirming its commitment to sustainability and responsible business practices. This follows Hindustan Zinc’s recent recognition as the world’s most sustainable metals & mining company for the second consecutive year in the S&P Global Corporate Sustainability Assessment (CSA) 2024, highlighting its operational excellence, innovation, and leadership in ESG (Environmental, Social, and Governance) initiatives.

Companies included in the prestigious S&P Global Sustainability Yearbook are selected based on their performance in the S&P Global Corporate Sustainability Assessment (CSA). To qualify, companies must rank in the top 15% of their industry and achieve a CSA score within 30% of the highest-scoring company in their sector. Out of 7,690 companies assessed across 62 industries, only 780 companies earned a place in this year’s Yearbook - further reiterating Hindustan Zinc’s industry-leading sustainability efforts. Hindustan Zinc is also among the Top 66 companies globally across 62 industry sectors. The company’s commitment to its vision of responsible and sustainable manufacturing has led to its inclusion in the top 1% score of this prestigious yearbook.

Notably, Hindustan Zinc remains committed to achieving Net Zero by 2050 or sooner. Marching ahead in its climate action roadmap, the company has achieved a 14% decrease in greenhouse gas (GHG) emission intensity compared to the base year 2020, all while increasing production each year. Hindustan Zinc is taking major strides towards sustainability by outlining plans to raise its renewable contribution to over 70% of its total power requirement by 2027 and has signed a round-the-clock power delivery agreement to source 530 MW. Aligned with the United Nations Sustainable Development Goals (SDG), the company is currently 2.41 times water positive. It has also recorded an 8.67% reduction in freshwater withdrawal compared to FY20. The company has adopted a comprehensive social impact charter, positively impacting about 20 lakh lives across nearly 40,000 villages through rural interventions spanning infrastructure, education, healthcare, nutrition, skill development, water, sports, and culture.

Commenting on this achievement, Arun Misra, CEO – Hindustan Zinc Limited, said: ""Being included in the top 1% of S&P Global Sustainability Yearbook for the second consecutive year highlights our unwavering commitment to sustainability. This recognition reinforces our dedication to responsible operations, innovation, and creating long-term value for all stakeholders. At Hindustan Zinc, sustainability is at the core of our business and as the world transitions towards a low-carbon economy, our zinc and silver will have a critical role to play in driving this transition. Our continued focus on operational excellence and ESG leadership will remain central to our journey towards greater achievements.""

Hindustan Zinc is the first Indian company in the metals & mining sector to secure validated Science Based Targets Initiative (SBTi) targets, aligning with the ambitious 1.5°C global warming threshold. To mitigate its carbon footprint, the company is augmenting the quantum of renewable energy in its existing power mix, enhancing operational efficiencies to reduce energy consumption and transitioning to cleaner fuels & electric vehicles. Notably, Hindustan Zinc has recently launched Asia’s first low carbon ‘green’ zinc – EcoZen which has a carbon footprint of about 75% lower than the global average.

Further establishing its strong commitment to sustainability, the company’s extensive product portfolio is Environmental Product Declaration (EPD) verified thus providing comparable data on the product’s environmental footprint. The company has also received the prestigious Leadership Band (A-) designation from the Carbon Disclosure Project (CDP) 2023 for its exemplary efforts in water security and climate change.

This recognition is a testament to Hindustan Zinc’s sustainable business practices and innovation-driven approach towards achieving a thriving ecosystem. The company continues to invest in strengthening its sustainability framework, driving sustainable value creation for stakeholders, communities, and the environment - moving towards a more responsible and resilient future.

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. 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.

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