16th March 2023: Hindustan Zinc, a Vedanta group company and India’s largest & only integrated producer of Zinc, Lead & Silver, has bagged the GreenCo Silver rating by CII for its sustainable mining operations. Company’s RampuraAgucha Mine andZawar Group of Mines has received the Silver Rating for their exemplary performance in waste & material management, green infrastructure & ecology, green supply chain, GHG emissions reduction, and renewable energy initiatives, to name a few.
On receiving the honor, Mr. Arun Misra, CEO of Hindustan Zinc said, “This is a huge recognition for our company which highlights our efforts towards sustainable growth. Our facilities have been recognized for their significant efforts to maintain ecologically sustainable operations. We also encourage our suppliers to adopt our sustainability strategy and improve ESG performance in their operations to achieve our shared long-term vision of sustainable growth.”
The GreenCo Rating is a holistic framework that evaluates businesses on the environmental friendliness of their activities using a life cycle approach. Implementation of the GreenCo rating system gives companies leadership and direction on how to make their products, services, and processes more ecologically sustainable.
The recognition reaffirms that Hindustan Zinc has been delivering on well-defined goals and progressing on a sustainable value-accretive journey. The company has taken significant steps for achieving the vision of Net Zero emissions by 2050 and is constantly investing in cutting-edge technologies to reduce its carbon footprint, transition to renewable energy, mitigate climate risk, and conserve resources.
Recently, Hindustan Zinc earned a spot in the esteemed S&P Global Sustainability Yearbook for the 6th time by being ranked amongst the top 5% ESG Score in the metals & mining sector. The company’s sustainability efforts have also resulted from them being ranked 3rd globally and 1st in Asia Pacific Region in S&P Global Corporate Sustainability Assessment under the metal & mining sector. The company’s commitment towards Environment, Social, and Governance has been recognized by CAP 2.0, CDP, S&P Global Platts Awards, CII National 5S Excellence Award, Bhamashah Award, and many more.