Hindustan Zinc Releases Climate Action Report FY25, Reaffirming Net Zero Commitment
The report provides insights into HZL's climate change strategy and actions taken to mitigate its impacts, demonstrating a commitment to sustainability and potentially influencing investor and stakeholder perceptions.
The announcement focuses on the company's commitment to sustainability, its achievements in reducing emissions and improving resource management, and its positive ranking in sustainability assessments.
* Hindustan Zinc Limited (HZL) has released its Climate Action Report for FY25, aligned with IFRS S2. * The report details HZL's progress toward climate change goals, including reducing Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% by 2030, and achieving Net Zero by 2050 (FY20 baseline). * Key highlights include launching 'EcoZen,' a low-carbon zinc product, and achieving 3.32X water positivity. * HZL sourced 100% renewable power for its Pantnagar Metal Plant and started receiving green power from a 530 MW RE-RTC power delivery agreement. * The company commissioned a dry tailings plant at the Rajpura Dariba Complex, recovering over 80% of water from tailings, and a 1.8 Mtpa paste-fill plant. * A fumer plant at the Chanderiya lead-zinc smelter helped eliminate approximately 39,682 tonnes of jarosite. * HZL collaborated with JNCASR for new-age zinc-based battery technologies and partnered with IIT Madras for advanced zinc-air battery technology. * The company deployed 180 LNG vehicles for transporting finished goods, saving 1066 TCO2e in FY25, and signed an MoU with Aesir Technologies for nickel-zinc battery technology. * Hindustan Zinc was ranked #1 in the metals and mining sector in the S&P Global Corporate Sustainability Assessment in 2024 for the second consecutive year. * Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, mentioned that the company is committed to leaving behind a cleaner, healthier, and safer world for generations to come. * Arun Misra, CEO, stated that the company is deeply committed to integrating sustainability into every aspect of its operations.
What to do with a filing like this
Hindustan Zinc Limited filed this with the NSE as a statutory disclosure, categorised under sustainability. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Hindustan Zinc Limited. Read the original for the full detail.