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Hindustan Zinc demonstrates environmental transparency by disclosing through CDP

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29 Oct, 20 11:27
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Hindustan Zinc demonstrates environmental transparency by disclosing through CDP

Hindustan Zinctoday announced that it has furthered its commitment to environmental transparency by disclosing itsenvironmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.HZL has disclosed through CDP since 2011 and for 2020 completed CDP’s questionnaire related to – Climate Change, Water Stewardship and Forest.

Sustainability and Environment are key focus areas for Hindustan Zinc, and the company aims adopt and implement best practices for this. Among the leaders of Green Mining in India, Hindustan Zinc commits to reducing the carbon footprint and increasing use of sustainable operations.

In 2020, 515 investors with US$106 trillion in assets and 150+ large purchasers with over US$4 trillion in procurement spend requested thousands of companies to disclose their environmental data through CDP. By completing CDP’s annual request for disclosure via completion of its climate change, forests and water security questionnaires,Hindustan Zinc is demonstrating the transparency and accountability vital to tracking progress toward a thriving, sustainable future.

On the occasion, Mr. Arun Misra, CEO Hindustan Zinc, said “Sustainability lies in the core of Hindustan Zinc and we aim at enhancing productivity of our business operations with utmost care for the environment with the adoption of best in class sustainable practices. The disclosure of our environmental impact through CDP reflects the company’s progress and commitment to environment stewardship and we will continue with our efforts of driving long-term sustainable development”.

HZL recognizes that being more sustainable is being moresuccessful. From innovations to scaling sustainable miningmodels to long-term environmental and community growth, the company’s sustainability strategies are driven with the agenda ofcaring across the value chain. The company recognizes that true signs of progress are made visible only through CARING, whether it’sensuring safety, saving water, reducing wastage or enabling

Communities.


Dexter Galvin, Global Director of Corporations & Supply Chains at CDP, commented:
“The private sector has a huge role to play in the transition to a sustainable economy, and the first essential step for companies is to be transparent around their current environmental impacts. Hindustan Zinc is among a critical mass of companies that are disclosing their environmental data to their stakeholders through CDP annually. The disclosure process is helping them to build trust through transparency, uncover risks and opportunities, boost their competitive edge and track progress towards their environmental goals. I look forward to seeing them advance on their sustainability journey.”


The companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses

 

About Hindustan Zinc Limited

 

Hindustan Zinc, a Vedanta Group Company, is one of the world's largest and India's only integrated producer of Zinc-Lead and Silver. The Company has its Headquarter at Udaipur in the State of Rajasthan where it has its Zinc-Lead mines and smelting complexes. Hindustan Zinc is self-sufficient in power with captive thermal power plants and also has ventured into green energy by setting up wind power plants. The Company is ranked 1st in Asia-Pacific and globally 5th in Dow Jones Sustainability Index in 2019 amongst Mining & Metal companies. Hindustan Zinc is a certified Water Positive Company.

As a socially responsible corporate, Hindustan Zinc has been relentlessly working to improve the lives of rural and tribal people residing near its business locations. The company is amongst the Top 15 CSR Spenders in India and are currently reaching out to 500,000 people in 184 core villages of Rajasthan and 5 in Uttarakhand. As a market leader, Hindustan Zinc governs about 79% of growing Zinc market and 95% of growing Silver market in India.

About CDP

CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the over 920 cities, states and regions who disclosed in 2019, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more. 

 

 


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