Hindustan Zinc Limited (NSE: HINDZINC), India’s largest and the world’s second-largest integrated zinc producer, has achieved a significant milestone in corporate transparency and stakeholder communication. The company secured the top global ranking in the Materials Category at the League of American Communications Professionals (LACP) Vision Awards 2023-24.
Further solidifying its global reputation, Hindustan Zinc’s Sustainability Report 2023-24 also claimed the No. 1 spot in the Materials category, earning a Platinum Award in its debut year. Additionally, the company’s Integrated Annual Report FY 2023-24 was honored with the Platinum Award for the second consecutive year, placing it among the Top 5 Integrated Reports globally. The report was also recognized as the “Most Creative Report Worldwide” for its compelling storytelling, innovative design, and engaging content, competing against nearly 1,000 global participants.
This recognition underscores Hindustan Zinc’s dedication to setting exemplary standards in financial reporting and sustainability disclosures. The LACP Vision Awards are among the most prestigious global platforms that acknowledge excellence in corporate communication, financial reporting, and stakeholder engagement. The evaluation criteria include first impression, narrative clarity, creativity, message relevance, accessibility, and overall design. Achieving such recognition highlights Hindustan Zinc’s commitment to transparency, accountability, and strategic vision.
Sandeep Modi, Chief Financial Officer of Hindustan Zinc Limited, stated, “This honor reflects our relentless pursuit of excellence in corporate reporting. Our Integrated Annual Report exemplifies our commitment to transparency, sustainability, and long-term value creation for stakeholders. Securing the No. 1 position in the Materials category for both our Integrated Annual Report and Sustainability Report reinforces our leadership in responsible corporate disclosures and ESG-driven growth.”
Hindustan Zinc’s fifth Integrated Annual Report aligns with the Integrated Reporting framework of the International Integrated Reporting Council (IIRC), now part of the IFRS Foundation. In FY 2023-24, the company created INR 33,221 crores in stakeholder value and distributed INR 5,493 crores in dividends to shareholders. Additionally, it contributed INR 13,195 crores to the exchequer and invested INR 269 crores in social impact initiatives, benefiting over 1.9 million people across 3,700 villages. With a strong commitment to local sourcing, 64% of its procurement in FY24 came from Rajasthan and Uttarakhand.
On the sustainability front, Hindustan Zinc generated 2.51 MGJ of renewable energy and inaugurated Phase 1 of a 4,000 KLD zero liquid discharge (ZLD) plant at Zawar Mines. It became the first Indian metal and mining company to have validated Science Based Targets, reinforcing its goal of achieving net zero by 2050. The company also launched India’s first Task Force on Nature-Related Financial Disclosures (TNFD) report and secured two Indian patents for innovative methodologies, further strengthening its position as a leader in sustainable mining and environmental responsibility.
Hindustan Zinc’s award-winning Integrated Annual Report 2023-24, titled “Forging Ahead: Sustainably. Innovatively. Responsibly.,” achieved an outstanding score of 99 out of 100, setting a new benchmark in corporate disclosures. The report provides a comprehensive analysis of the company’s financial performance, operational excellence, and sustainability milestones, reinforcing Hindustan Zinc’s ESG leadership and long-term value creation strategies.
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s second-largest integrated zinc producer and the third-largest silver producer. With a market share of approximately 75% in India’s primary zinc market, the company supplies to over 40 countries worldwide.
Recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, Hindustan Zinc continues to lead with its operational excellence and ESG-driven innovations. The company also launched EcoZen, Asia’s first low-carbon ‘green’ zinc brand, reducing its carbon footprint by 75% compared to the global average.
Additionally, Hindustan Zinc is a certified 2.41 times Water-Positive company, committed to achieving Net Zero emissions by 2050 or sooner. Through its focused social initiatives, the company has positively impacted 1.9 million lives and ranks among the Top 10 CSR companies in India. As a leader in the metals and mining sector, Hindustan Zinc plays a vital role in providing critical metals essential for the global energy transition and a sustainable future.
