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Hindustan Zinc rein forces its commitment to sustainable mining, becomes #COP26 Business Leader

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15 Jan, 21 11:03
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Hindustan Zinc rein forces its commitment to sustainable mining, becomes #COP26 Business Leader

Udaipur: Sustainability is embedded in the business philosophy of HZL and the company is fully committed to adoption of sustainable practices and conservation of natural resources. Reinforcing its commitment to responsible mining, the company has become #COP26 Business Leader and is consistently working towards achieving Science-Based Targets (SBT’s) to curb carbon footprint. Speaking on the occasion, Mr.Arun Misra, CEO, Hindustan Zinc said, “HZL as a responsible corporate is committed to adopting and maintaining global best practises for reducing carbon footprint from its business operations. Setting Science Based Targets has helped us to define our sustainable roadmap and is certainly expected to reduce the company’s overall energy consumption, safeguard its future and enhance brand value”. Meeting science-based targets in the context of a growing business can be difficult but responding to this challenge, HZL has implementedarangeofmeasurestoreduceitsScope 1 and 2 emissions throughout its supply chain. The company has been diligently investing towards efficient use of energy and gainful utilization of wastes using environment-friendly methods. The company has green power capacity of 349 MW, which includes 275 MW of wind (non-captive), 40 MW (captive) solar capacity and 34 MW of waste heat power. Importantly, most of the company’s projects have been rated under Gold Standard. In the past 17 years, Hindustan Zinc has invested more than $3 billion in expansion projects and has achieved a mined metal capacity of 1.2 million tonnes, adding value to state and nation’s development. The company also employs more than 19,000 people across its units and is Great Place to Work-CertifiedTM by Great Place to Work Institute. The induced impact on India’s GDP is 0.53 per cent and contributes around 1.8% to the GDP of the state of Rajasthan. In terms of scale, Hindustan Zinc has gradually increased its capacities and product portfolio, without compromising on quality and efficiency parameters.The company recognizes that being more sustainable is being more successful. From innovations to scaling sustainable mining models to long-term environmental and community growth, the company’s sustainability strategies are driven with the purpose of caring & growing together across the value chain. Continued efforts towards sustainable mining have resulted in HZL being ranked 1st in Asia Pacific by the Dow Jones Sustainability Index, being a 2.41x water positive company, a member of the FTSE4Good Index forthe4thconsecutiveyearamongother achievementsandhas scored‘A’ratingbyCDP for climate change. The company has also taken a holistic view in setting its sustainability goals 2025 and over the next five years, it will focus on expanding its efforts work towards creating positive changes. The five-year sustainability development goals will provide the company with additional opportunities to improve performance and also enable it to focus on reducing the carbon impacts across the value chain. The purpose of the COP26 Business Leaders is to bring an exclusive&experienced groupofindustry leaders fromacrossadiverse number of economic sectors to get perspectivesonhowtodrivefurtherclimateactionacross value and supply chains. AboutHindustanZincLimited-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 andsmeltingcomplexes.HindustanZinc is selfsufficient in power with captive thermal power plants and also has ventured into green energy by setting up wind power plants. The Company is ranked1stinAsia-Pacificandglobally 7th in Dow Jones Sustainability Index in 2020 amongst Mining & Metal companies. Hindustan Zinc is a certified Water Positive Company, a member of the FTSE4Good Index and has scored ‘A’ rating by CDP for climate change. 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 5inUttarakhand.Asamarketleader,Hindustan Zinc governs about 77% of growing Zinc market in India.


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यह खबर निम्न श्रेणियों पर भी है: Zinc
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