Hindustan Zinc Limited has released its Climate Action Report for the financial year 2024-25, detailing its sustainability efforts and climate change goals. The report highlights progress in reducing emissions, increasing renewable energy usage, and investing in green initiatives. It showcases the company’s commitment to environmental stewardship and its journey towards achieving net-zero emissions by 2050. The report aligns with IFRS S2 standards and emphasizes transparency and stakeholder engagement.
Commitment to Sustainability
Hindustan Zinc Limited (HZL) has released its Climate Action Report for the financial year 2024-25, demonstrating its ongoing commitment to sustainability and responsible resource development. The report details the company’s strategies, actions, and progress in mitigating climate change impacts. The company aims to power the global energy transition and set new benchmarks for the industry.
Key Highlights from the Report
- EcoZen Launch: Launched Low carbon Zinc with <1 tonne of GHG emissions per tonne of Zinc.
- Renewable Energy: Started receiving Green Power from a 530 MW RE-RTC power delivery agreement (PDA), increasing the share of RE in the power mix from 7% to 13%.
- Water Management: Commissioned a 1.8 Mtpa paste-fill plant at Rajpura Dariba Complex, enhancing daily Water Recovery. The company has been certified to be 3.32 X Water Positive.
- Waste Reduction: Fumer plant deployed in Chanderiya lead Zinc smelter helped eliminate ~39,682 tonnes of Jarosite (smelting waste) generation.
- Green Mobility: 180 LNG vehicles deployed for the transport of finished goods & IUT movement, saving 1066 TCO₂e in FY2025.
Financial and Strategic Alignment
HZL integrates sustainability into every aspect of its operations, with a vision to lead the transition to a greener, more resilient world. The company is investing in research and development of zinc-based batteries and continues to support the global clean energy shift.
Future Goals
Hindustan Zinc is committed to reducing Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% by 2030, targeting Net Zero by 2050 (FY 2020 baseline). The company plans to source 70% of its power from clean sources by FY 2028, demonstrating a strong, long-term commitment to a sustainable future.
Governance and Recognition
HZL was ranked #1 in the metals and mining sector in the S&P Global Corporate Sustainability Assessment in 2024 for the second consecutive year. The company is also a member of the International Council on Mining and Metals (ICMM), aligning with global best practices in sustainability.
Source: BSE
