Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• India’s first dry tailing plant commissioned at Zawar Mine, reducing freshwater consumption and improving tailing dam stability.
• Waste recycling rose to 31% (from 28% in FY 2019), and water recycling rate was 39% (FY 2019: 36%).
• Certified as 2.41 times water-positive company.

Social Achievements

• CSR spend of ₹131.7 Crore, benefitting over 5 lakh people.
• Various initiatives in education, sustainable livelihoods, women empowerment, health, water and sanitation, sports and culture, and environment.
• Project Ru-ba-ru initiated to improve safety and productivity at job sites.

Governance Achievements

• Implementation of a comprehensive risk management policy.
• Compliance with SEBI (LODR) regulations.
• Establishment of a three-tier sustainability governance structure.

Climate Goals & Targets

Environmental Challenges

• Cyclically weak zinc and lead prices.
• COVID-19 pandemic and nationwide lockdown.
• Two fatalities during the year.

Mitigation Strategies

• Cost optimization programs.
• Business continuity plan implemented during lockdown.
• Detailed investigations into fatalities and implementation of corrective steps.

Supply Chain Management

Supplier Audits: 668 suppliers assessed

Responsible Procurement

• Supplier code of conduct, policies and standards
• Supplier sustainability assessment

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Integrated Reporting Council (IIRC)

Certifications: ISO 14001, OHSAS 18001, ISO 50001 (Sindesar Khurd Mines, Pantnagar metal plant and Rajpura Dariba mines)

Awards & Recognition

• CII-ITC Sustainability Award for Corporate Environment
• Best Environmental Sustainability Award
• Ranked 5th globally in Dow Jones Sustainability Index

Environmental Metrics

ESG Focus Areas

• Conduct, Governance, Ethics, Transparency and Accountability
• Safety and Optimal Resource Utilisation across Product Lifecycle
• Employee Well-being
• Engaging Stakeholders
• Respecting and Promoting Human Rights
• Nurturing the Environment
• Responsible Policy Advocacy
• Supporting Inclusive Development
• Providing Customer Value

Environmental Achievements

• India’s first dry tailing plant commissioned at Zawar Mine, reducing fresh water consumption by improving process water recovery up to 90%
• Integrated effluent treatment plant at all smelters to ensure maximum recycling of process water
• Reduction in energy consumption by 0.39% and 7.76% in water consumption
• 31% of waste generated recycled (FY 2019: 28%)
• 273.5 MW wind farms registered under Clean Development Mechanism (CDM)
• 39.64 MW captive solar plants
• Ranked 5th globally in Dow Jones Sustainability Index in metal and mining industries

Social Achievements

• Project 'Jeevan Tarang Zinc Ke Sang' creating a more equal world for Persons with Disabilities (PwDs)
• 100% of all non-executives are members of a recognised employee association
• Total spending on Corporate Social Responsibility (CSR) of ₹131.65 Crore, equivalent to 1.93% of the profit after tax

Governance Achievements

• All policies on ethics, bribery and corruption extend to all suppliers, customers, NGOs and anyone who has dealings with the Company
• 19 investor complaints received during FY 2020 and all were resolved
• CEO & Whole-time Director and Senior Management assess the BR performance on an on-going basis, at least annually

Climate Goals & Targets

Environmental Challenges

• Water scarcity in Rajasthan
• Energy intensive business operations
• Managing stakeholder expectations

Mitigation Strategies

• Improving water use efficiency and recycling
• Investing in renewable energy sources (solar and wind)
• Implementing energy efficiency measures
• Proactive stakeholder engagement and grievance redressal mechanisms

Supply Chain Management

Responsible Procurement

• Supplier and Contractor Management Policy
• Code of Conduct for Vendors and Service Providers

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity

Opportunities

• Renewable energy development

Reporting Standards

Frameworks Used: GRI Standard, UNGC, FIMI

Certifications: ISO 14001, OHSAS 18001, ISO 50001 (Sindesar Khurd Mines, Pantnagar metal plant and Rajpura Dariba mines)

Sustainable Products & Innovation

• Zinc in Jumbo shape
• Continuous Galvanizing Grade (CGG) zinc alloy
• PW zinc

Awards & Recognition

• Ranked 5th globally in Dow Jones Sustainability Index

Environmental Metrics

ESG Focus Areas

• Safety
• Efficiency
• Productivity
• Environmental Sustainability
• Digitalization

Environmental Achievements

• Commissioned a 1 MVA solar power plant at Kayad Mine to generate green energy and reduce carbon emissions.
• Implemented vertical sprinkling in water sprinklers for dust suppression at Kayad Mine.
• Reduced GHG emissions by more than 10K tons of CO2 at Zawar Mines through power-saving initiatives.
• Increased tailings utilization to 73% at Sindesar Khurd Mine.

Social Achievements

• Developed India's first underground first-aid station at Rampura Agucha Mine.
• Commissioned RAM’s first man-pass for secondary evacuation.
• Inducted the first female mine manager at Zawarmala Mine.
• Kayad Mine received a state-level BHAMASHAH award for exemplary CSR work in education.
• Implemented robust COVID-19 safety measures across all mines with no major business impact.

Governance Achievements

• Implemented several advanced digital initiatives at Rampura Agucha Mine (e.g., 10 km mine wi-fi network, online health monitoring of equipment).
• Implemented Short Interval Control (SIC) in operational planning at Sindesar Khurd Mine.
• Achieved more than 98% auto-production booking system compliance at Zawar Mines.
• Implemented digitalization in cement silos at Kayad Mine for automated backfilling and optimized cement consumption.

Climate Goals & Targets

Environmental Challenges

• Maintaining high ore recovery rates at Rampura Agucha Mine.
• Addressing high pH of ore to mill and reduced reagent susceptibility due to water quality at Rampura Agucha Mine.
• Maintaining consistent paste fill plant operations at Sindesar Khurd Mine.
• Managing COVID-19 pandemic impact on operations.

Mitigation Strategies

• Implemented solutions to improve metallurgical performance and increase recovery of zinc, lead, and silver at Rampura Agucha Mine (e.g., dozing sulfuric acid, reagent preparation in fresh water, ore blending).
• Implemented DMAIC methodology for process improvement at Sindesar Khurd Mine's paste fill plants.
• Implemented robust COVID-19 safety protocols across all mines.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Rampura Agucha Mine received Platinum Award at ICQCC
• Kayad Team won “Par Excellence” at the 34th NCQC-2020
• Kayad Mine received “State level BHAMASHAH award”

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IIRC

Awards & Recognition

• LACP Spotlight 2021 Gold for Excellence
• 56th rank worldwide among Top 100 Communication Materials in the LACP 2021 Spotlight Awards
• Top 10 finalists in Asia’s Best Integrated Report (Large Company) category in AIRA
• third place in the annual report category at the PRSI National Awards 2021
• Platinum Award (Category: E-Annual Report), Gold Award (Category: Microsite) and Gold Award (Category: Manufacturing) at the AVA Digital Awards 2021

Environmental Metrics

ESG Focus Areas

• Climate Change & Decarbonisation
• Water Management
• Circularity & Waste Management
• Tailings Management
• Biodiversity & Ecosystems
• Community Engagement & Development
• Health, Safety & Well-being
• Talent Attraction & Retention
• Diversity, Equal Opportunity & Inclusion
• Data Privacy & Cybersecurity
• Risk Management & Controls
• Sustainable & Inclusive Supply Chain
• Business Ethics & Corporate Governance

Environmental Achievements

• Signed Power Delivery Agreement (PDA) for 450 MW RE-RTC, leading to a reduction of 2.7 mn tCO2e
• 4.8% reduction in Scope 1 + Scope 2 emissions from previous year
• 10.66% GHG emission intensity decrease on y-o-y basis
• Water recycling at 41.95% in FY 2022-23
• 5% of energy derived from biomass resulted in emission avoidance of 89,896 tCO2e
• 31.01% of total waste generated is recycled and reused
• 100% deployment of green power at Pantnagar metal plant avoids more than 30,000 tCO2e annually
• India’s first underground BEV at Sindesar Khurd mine
• Induction of LNG-powered trucks, on pilot basis, to lower GHG emissions
• Biomass utilisation for power generation in all 6 CPPs
• Publication of Environment Product Declaration (EPD), a type 3 ecolabel, for zinc product
• Obtained GreenCo Rating for Dariba Smelting Complex (Gold Rating), Chanderiya Lead Zinc Smelter (Gold Rating), Debari Zinc Smelter (Silver Rating), Zawar Mines (Silver Rating) and Rampura Agucha Mine (Silver Rating)

Social Achievements

• 1.7 million lives impacted through CSR programmes
• Gender diversity increased from 14.4% in FY 2019-20 to 19.5% in FY 2022-23
• Introduction of Group EV purchase policy for employees
• First company in India to introduce underground Battery Electric Vehicles (BEVs)

Governance Achievements

• ESG Component in Annual Performance Bonus (10%)
• Long-term incentive plan (ESOS) includes ESG and carbon footprint
• All smelters and two mining locations have GreenCo certifications by CII
• CDP scores: Climate Change (A), CDP Water Security (A-)

Climate Goals & Targets

Environmental Challenges

• Potential water scarcity
• Risk of fire, fall of ground, accidents and fatalities, structural collapses
• Disruptions in operations due to higher expectations from labour union
• Rising community unrest
• Potential non-compliance with emission norms
• Risks associated with physical changes in climate matters
• Tailings dam seepage and breach
• Risks of data loss, vulnerability of IT infrastructure

Mitigation Strategies

• Increasing water efficiency and exploring new technologies which are less water-intensive
• Installation of ETP & ZLD plants across our operational sites, to augment water recycling across operations and maintain zero discharge
• Exploring alternatives to fresh water such as utilisation of treated municipal wastewater (sewage)
• Installation of dry tailings plant
• Rainwater harvesting
• Water risk assessment using WRI aqueduct water risk atlas, water risk monetiser, WWF and water risk filter
• Identifying, understanding, controlling, and eliminating the risks associated with hazards at the workplace
• Implementation of critical risk management measures
• Structured skill improvement and competency enhancement of employees and business partners
• Automation and mechanisation plan to eliminate high-risk manual activities
• Exposure monitoring for better and timely controls
• Inclusive and diverse workplace policies
• Partnering with ‘The Humsafar Trust’
• Initiated an awareness and sensitisation drive for all employees
• Implementation of critical risk management measures to ensure all identified critical controls are being monitored and effective on ground
• Complete transition from wet tailings to dry tailings disposal by 2025
• Risk Management framework review and update under Project Pragya

Supply Chain Management

Supplier Audits: 235 suppliers assessed

Responsible Procurement

• Supplier code of conduct
• ESG assessment incorporated into contract process
• ESG expectations for all business partners
• Working towards emission capturing for critical items’ procurement for Scope-3 emission reduction

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Resource scarcities

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Demand for products with Race to Net Zero emissions

Reporting Standards

Frameworks Used: GRI Standards, GRI Mining and Metals Sector Supplement, United Nations Global Compact (UNGC), Federation of Indian Mineral Industries (FIMI), International Council on Mining and Metals (ICMM) Sustainable Development Framework, CEO Water Mandate, UNGC Women Empowerment Principles, SASB, CDP Climate, Water and Forest Disclosures, TCFD, IIRC, SEBI National Voluntary Guidelines

Certifications: ISO 9001, ISO 14001, ISO 50001, ISO 45001, SA8000 (66% units), ISO 22301, ISO 27701, ISO 31000, ISO 37301, ISO 27001

Third-party Assurance: Ernst & Young Associates LLP

UN Sustainable Development Goals

• Not disclosed

Aligned with UNSDGs to raise the bar of sustainability-driven performance across key global metrics.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Circular Economy
• Biodiversity Conservation
• Health, Safety & Well-being
• Community Engagement & Development
• Talent Attraction & Retention
• Diversity, Equal Opportunity & Inclusion
• Responsible Sourcing
• Business Ethics & Corporate Governance

Environmental Achievements

• Became the first Indian metal and mining company with validated Science Based Targets, aiming for net zero by 2050.
• Inaugurated phase 1 of 4,000 KLD zero liquid discharge (ZLD) plant at Zawar Mines.
• Deployment of 10 electric vehicle (EV) trucks for inter-unit transportation.
• Signed MoU for 180 liquified natural gas (LNG) vehicles for inter-unit and finished good movement, of which 41 LNG vehicles have already been deployed during the year.
• Commissioning of India’s first fumer Zawar Mines.
• Rampura Agucha mines and Zawar mines became India’s 1st mines to be GreenCo certified.
• Implemented digitisation project v-Unified (ENABLON) to manage ESG KPIs through technological tools.
• 14% reduction in the intensity of greenhouse gas emissions over the past four years.
• 8.67% reduction in freshwater usage from FY 2019-20.
• 6.32 mn MT of waste recycled.
• 18.41 mn m³ of water recycled.

Social Achievements

• CSR contribution of ` 269 crore.
• 1.91+ mn CSR beneficiaries.
• 16,633 employment created.
• 21.7% women representation.
• 122,107 hours of learning and development.
• Zero fatality.
• India’s 1st ever all women Integrated underground mine rescue team.
• Integrated 16 LGBTQA+ individuals into the workforce.

Governance Achievements

• Collaborated with over 600 active suppliers and service partners. 73% of total supplier by value have been assessed by third party for ESG criteria.
• Gross income ` 33,221 crore.
• Taxes ` 10,273 crore.
• Dividend ` 5,493 crore.
• Implemented ARIBA SLP for efficient supplier profile and data management.
• Integrated ESG and quality assessments into the vendor onboarding process.
• Established a vendor grievance portal.

Climate Goals & Targets

Environmental Challenges

• Potential water scarcity
• Potential non-compliance in non-GHG emissions
• Risks associated with physical changes in climate matters
• Tailings dam seepage and breach
• Risk of fire, fall of ground, accidents and fatalities, structural collapses
• Rising community unrest
• Disruptions in operations due to higher expectations from labour union
• Risks of data loss, vulnerability of IT infrastructure

Mitigation Strategies

• Complete transition from wet tailings to dry tailings disposal by 2025
• Become 5x water-positive company and achieve 25% reduction in freshwater by 2025
• 17% reduction in non-GHG emissions (SOx and NOx emissions) by 2025
• Achieving Net Zero emissions by 2050 or sooner
• Zero work-related fatalities and 50% reduction in Total Recordable Injury Frequency Rate (TRIFR) by 2025
• Positively impacting 1 mn lives through social, economic and environmental initiatives by 2025
• Inclusive and diverse workplace with 30% diversity by 2025
• Risk Management framework is being reviewed and updated under Project Pragya

Supply Chain Management

Supplier Audits: 309 suppliers assessed by third party for ESG criteria

Responsible Procurement

• Supplier Code of Conduct
• ESG Qualification questionnaire
• ARIBA Supplier Lifecycle and Performance (SLP) module
• ESG-based scoring
• Product Level LCA & Carbon Pricing

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Droughts
• Heat waves

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Renewable energy deployment

Reporting Standards

Frameworks Used: GRI Standards, GRI 14: Mining Sector Standard, UNGC, FIMI, ICMM Sustainable Development Framework, UN Sustainable Development Goals (SDGs), CEO Water Mandate, UNGC Women Empowerment Principles, IFRS S1, TNFD

Certifications: ISO 9001, ISO 31000, ISO 14001, ISO 37301, ISO 50001, ISO 27001, ISO 45001, ISO 22301, SA8000 (66% units)

Third-party Assurance: Mazars Advisory LLP

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• EcoZen, Asia’s first low carbon ‘green’ zinc

Awards & Recognition

• Ranked 1st globally in the S&P Global Corporate Sustainability Assessment (CSA) 2023
• Won the large industry category in the 2nd FICCI Sustainable Industry Practice Awards
• Featured among the top 1% in the S&P Global CSA Sustainability Yearbook 2024 for the 7th consecutive time
• Achieved global recognition by CDP with a Leadership Band (A-) for climate change and water security efforts
• Won the Mission Energy Foundation Award for efficient fly ash management
• 7 business units of Hindustan Zinc recognised by British Safety Council at International Safety Awards 2024

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water Stewardship
• Circular Economy
• Biodiversity Conservation
• Diversity & Inclusion
• Safety
• Community Engagement
• Responsible Sourcing

Environmental Achievements

• Launched Asia’s first low carbon ‘green’ zinc, EcoZen, with a carbon footprint of less than 1 tCO2e per tonne of Zinc produced, about 75% lower than the global average.
• Commencement of supply of RE power from Serentica 180 MW solar project in May 2024.
• 0.5 mn tCO2e GHG emission savings from base year 2017
• 5x water positive company and 25% reduction in freshwater consumption
• 3x increase in gainful utilisation of smelting process waste

Social Achievements

• Trained India’s 2nd All Women Underground Mine Rescue Team at Rampura Agucha.
• Positively impact one million lives
• Zero work-related fatalities
• 50% reduction in TRIFR
• 100% responsible sourcing in the supply chain

Governance Achievements

• Launched first TNFD Report (Taskforce on Nature-related Financial Disclosures), along with the fifth Integrated Annual Report & Tax Transparency Report for FY24.
• Launched India’s first AI-based Digital Integrated Report with GenAI chatbot “Zincky”.
• Included in top 500 sustainable companies list for 2024 by TIME’s magazine.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Incorporating ESG into the commercial process. ESG questionnaire in prequalification criteria. Supplier’s due diligence. Standard ESG expectations in the contracts, single used plastic, MSA declaration in RFQ, Incorporating subcontractor approval during RFQ. Integrated ESG assessment & scoring in ARIBA SLP during vendor onboarding. Launched vendor grievance through ROBOS portal. Integrated carbon loading tool for product level emission calculation

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: TNFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• EcoZen

Awards & Recognition

• S&P Global Corporate Sustainability Assessment 2023 (world’s most sustainable company in the metals and mining category)
• Best Risk Practice and Masters of Risk in ESG at India Risk Management Awards by CNBC TV18
• PeopleFirst HR Excellence Awards
• FICCI Sustainable Industrial Practice Awards
• India Silver Conference Excellence Award 2023
• 12th Future of Finance Summit & Awards 2024 (Best Finance Team of the Year & Working Capital Plan of the Year)
• 13th Annual Legal Era Awards 2023-24 (Energy & Resources In-House Legal Team of the Year)
• Business World CFO Finance & Strategy Awards (Digital Transformation of the Year Award)
• Best TQM (Total Quality Management) Organization at TQM India Unison 2024
• Finance Transformation Leader of the Year at 12th Future of Finance Summit & Awards 2024
• Best TQM Thought Leader at TQM India Unison 2024
• CISO of the Year 2024 at 8th CISO Conclave & Awards 2024
• People First HR Excellence Leaders