Hindustan Zinc Limited (NSE: HINDZINC), India’s largest integrated zinc producer and the world’s second largest, is accelerating its sustainability efforts by committing to source over 70% of its total power requirements from renewable energy by 2027. The company is expanding its renewable power capacity from 450 MW to 530 MW to enable round-the-clock green energy supply, contributing significantly to reducing its carbon footprint.
Through its energy efficiency initiatives, Hindustan Zinc saved over 0.8 million Gigajoules (GJ) of energy in FY24, equivalent to powering approximately 70,000 households for a year. Measures such as infrastructure upgrades and transitioning to cleaner fuels like piped natural gas have contributed to a 14% reduction in greenhouse gas emissions intensity since 2020, even as production volumes increased.
Chairperson Priya Agarwal Hebbar emphasized the company’s dual commitment to sustainability and business growth, stating, “We are proud to advance our ESG roadmap by increasing renewable power supply to 530 MW, aligning with our goal of achieving net-zero emissions by 2050 or sooner. Our initiatives are designed to deliver long-term value while supporting global climate goals.”
Hindustan Zinc’s sustainability-focused projects include turbine upgrades at captive power plants, improved cellhouse efficiencies, and transitioning to low-carbon fuels like piped natural gas. These actions have significantly reduced energy consumption and carbon emissions across its operations.
The company was the first in India’s metals and mining sector to adopt Science Based Targets Initiative (SBTi) goals aligned with the 1.5°C global warming threshold. Its portfolio features Environmental Product Declarations (EPD) for transparent reporting on environmental impact. Hindustan Zinc also received the Leadership Band (A-) from the Carbon Disclosure Project (CDP) for climate change and water security efforts.
As part of the Vedanta Group, Hindustan Zinc holds a 75% market share in India’s primary zinc sector and supplies to over 40 countries. Recognized as the most sustainable company in the metals and mining category by the S&P Global Corporate Sustainability Assessment 2023, it also launched EcoZen, Asia’s first low-carbon zinc brand. Certified as a 2.41 times water-positive company, Hindustan Zinc plays a vital role in supporting the global energy transition and fostering a sustainable future.
