Hindustan Zinc Achieves Remarkable Milestone in Energy Conservation: Saves Over 0.8 Million GJ in One Year
Udaipur: Hindustan Zinc Limited (NSE: HINDZINC), India’s largest and the world’s second-largest integrated zinc producer, has announced a monumental energy saving of over 0.8 million Gigajoules (GJ) in FY24—a feat equivalent to powering approximately 70,000 Indian households for a year. This significant achievement underscores the company’s commitment to sustainability and energy efficiency.
Building on its environmental stewardship, Hindustan Zinc has expanded its renewable power delivery agreement (PDA) to 530 MW, following approvals in the most recent Board meeting. This capacity, inclusive of previously signed PDAs, positions the company to meet over 70% of its total power requirements through renewable energy by 2026.
Driving Transformative Energy Efficiency Initiatives
Hindustan Zinc continues to set industry benchmarks by investing in innovative energy-efficiency measures. These include revamping turbines in captive power plants, enhancing cellhouse efficiency, and installing variable frequency drives across operations. The company has also transitioned from high-speed diesel to piped natural gas, a cleaner fuel option, significantly reducing carbon emissions and energy consumption.
Speaking on the company’s sustainability vision, Ms. Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, said:
“For us at Hindustan Zinc, sustainable practices and good business sense are two sides of the same coin. Expanding our renewable energy portfolio to 530 MW is a pivotal step in our journey toward achieving Net Zero by 2050 or sooner. Our energy and climate action initiatives not only create long-term value for stakeholders but also contribute to a healthier planet.”
Recognized Global Leader in Sustainability
Hindustan Zinc’s steadfast commitment to sustainability has earned it the title of the world’s most sustainable company in the metals and mining sector by S&P Global Corporate Sustainability Assessment 2023. Earlier this year, the company achieved a landmark by producing Asia’s first low-carbon ‘green’ zinc, branded EcoZen. Manufactured using renewable energy, EcoZen boasts a carbon footprint that is 75% lower than the global average.
The company has also reduced its greenhouse gas (GHG) emissions intensity by 14% in FY24 compared to its 2020 baseline while increasing production volumes—highlighting its ability to balance business growth with environmental responsibility.
Marking National Energy Conservation Day with Action
To commemorate National Energy Conservation Day, Hindustan Zinc observed a ‘No Vehicle Day’ across its operations. Employees and business partners embraced sustainable commuting options, such as walking, cycling, public transportation, or electric vehicles, to raise awareness about minimizing energy consumption and reducing carbon footprints. A week-long campaign featured activities like Earth Hour, energy conservation training sessions, and creative competitions to reinforce the importance of ESG values among stakeholders.
Pioneering Sustainable Mining Practices
Hindustan Zinc’s validated Science-Based Targets Initiative (SBTi) goals align with the global ambition to limit warming to 1.5°C. Its extensive product portfolio, verified by Environmental Product Declarations (EPD), provides transparency on the environmental footprint of its offerings. The company has also been recognized with the prestigious Leadership Band (A-) designation by the Carbon Disclosure Project (CDP) for excellence in water security and climate change mitigation.
As a Vedanta Group company, Hindustan Zinc plays a pivotal role in the global energy transition by providing essential metals for a sustainable future. With a 75% share in India’s primary zinc market and supply to over 40 countries, the company continues to lead the metals and mining sector with cutting-edge, responsible practices.
Hindustan Zinc: Leading the Path to Net Zero
With an unwavering focus on renewable energy, operational efficiency, and sustainable innovations, Hindustan Zinc is firmly on track to achieve its Net Zero emissions goal by 2050 or sooner. By blending visionary leadership with impactful action, the company is not only reshaping the mining industry but also contributing meaningfully to global climate goals.
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