Hindustan Zinc (HZL), India’s largest and one of world’s leading producer of Zinc, Lead and Silver, has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change.
Hindustan Zinc was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy. With this achievement, HZL is now among a small number of high-performing companies that were scored. Through significant demonstrable action on climate, HZL is leading on corporate environmental ambition, action and transparency worldwide.
Arun Misra, CEO, Hindustan Zinc said, “Our inclusion in the CDP ‘A List’ is a recognition of Hindustan Zinc’s commitment and continuous efforts towards sustainability. ‘Responsible Mining’ has been at the core of our operations. We have relentlessly pursued innovation in our operations to drive business efficiency while addressing climate change issues. As an industry leader we constantly set newer goals for ourselves in sustainable operations and being included in the CDP ‘A List’ is a milestone in this journey that makes us and all our stakeholders proud.”
HZL 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 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 water positive company and, a member of the FTSE4Good Index for the 4th consecutive year among other achievements.
Paul Simpson, CEO of CDP, said, “We extend our congratulations to all the companies on this year’s A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make and is even more impressive in this challenging year marked by COVID-19. The scale of the risk to businesses from climate change, deforestation and water insecurity is enormous, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector will create an ‘ambition loop’ for greater government action and ensure that global ambitions for a net zero sustainable economy become a reality. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.”
CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, over 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. Over 9,600 responded – the highest ever.
The full list of companies that made this year’s CDP A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores
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