Hindustan Zinc: A Trailblazer as India's First Member of ICMM for Sustainable Mining Practices

Hindustan Zinc: A Major Milestone in Global Mining

Hindustan Zinc Limited (BSE: 500188) (NSE: HINDZINC), the premier integrated zinc producer not only in India but worldwide, has recently achieved a remarkable feat by becoming the first Indian company to join the International Council on Mining and Metals (ICMM). This global body represents 25 mining and metals companies committed to advancing sustainable and responsible mining practices.

The induction of Hindustan Zinc into ICMM is a significant testament to its commitment to sustainability, as well as to ethical and transparent operations in the mining sector. The ICMM membership is a recognition that came after a comprehensive evaluation by an independent body, affirming Hindustan Zinc's alignment with global sustainability standards. This milestone not only strengthens the company's position in the industry but also emphasizes ICMM's growing focus and engagement in South Asia, marking the first new member to join since 2021.

Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, expressed excitement over this membership, stating that it highlights the company's dedication to sustainable innovations and resource development. This collaboration with global mining leaders is expected to foster an environment where shared knowledge can significantly contribute to improving mining practices worldwide.

In terms of commitments, Hindustan Zinc has agreed to uphold the 40 performance expectations set forth by ICMM, which encompass various aspects of Environmental, Social, and Governance (ESG) practices. This includes regular validation by third parties across all company operations to ensure that standards are consistently met.

Arun Misra, the CEO of Hindustan Zinc, remarked that this achievement represents a new chapter in their Sustainability 2.0 journey, where the integration of global best practices aims to leave a meaningful impact both socially and environmentally across the industry. It's a strategic move that leads to improved practices in resource management and employee welfare within mining operations.

Further underlining this achievement, Rohitesh Dhawan, President and CEO of ICMM, welcomed Hindustan Zinc to the council, citing the company's entry as a strengthened collective effort to promote leadership in India's mining sector. This partnership is expected to enhance the integration of sustainable mining practices across various operations in the region.

Hindustan Zinc operates a diverse range of facilities, including silver-lead-zinc underground mines, smelters, and associated infrastructure throughout northwest India. Their robust portfolio includes a focus on excellence in tailings management, decarbonization, circular economy frameworks, and promoting diversity, equity, and inclusion within their workforce. This reflects their transparent governance and sustainability reporting practices, which have led to the company being recognized as the world's most sustainable metals and mining enterprise according to the SP Global Corporate Sustainability Assessment for two consecutive years.

Looking ahead, Hindustan Zinc's 2030 Sustainable Goals are designed to address climate action, promote biodiversity, ensure responsible water stewardship, encourage circularity, and foster inclusive growth within the mining community. They're poised to meet these goals with a robust commitment to reaching Net Zero emissions by 2050, or even sooner. Furthermore, they are the first Indian metals and mining company to secure targets validated by the Science Based Targets initiative (SBTi), aligning with the climate goal of limiting global warming to 1.5°C. Hindustan Zinc has demonstrated significant progress, achieving a 15% reduction in GHG emissions intensity in FY25 compared to 2020 levels, showcasing their proactive approach to mitigating climate impacts.

Armed with an Environmental Product Declaration (EPD) verified portfolio, Hindustan Zinc is uniquely positioned to spearhead the global energy transition, striking a balance between growth objectives and environmental responsibilities.

For more information or updates about their initiatives and advancements, visit Hindustan Zinc's official website and follow them on LinkedIn, Facebook, and Instagram. Any media queries can be directed to Maitreyee Sankhla, Head of Corporate Communications at Hindustan Zinc Limited.