Hindustan Zinc Limited, India's largest and the world's second-largest integrated zinc producer, has launched its fourth Climate Action Report, becoming the first company in the Indian metals and mining sector to align with the International Financial Reporting Standards (IFRS) S2 - Climate-related Disclosures framework. This milestone underscores Hindustan Zinc's commitment to transparent and proactive climate action, setting global standards for climate accountability within the sector.

Recognised as the world's most sustainable metals company by S&P Global's Corporate Sustainability Assessment 2023, Hindustan Zinc continues to develop climate-resilient strategies to drive decarbonisation and reach Net Zero emissions by 2050 or sooner.

 In alignment with the International Energy Agency's (IEA) 2023 World Energy Outlook scenarios, Hindustan Zinc's Climate Action Report focuses on detailed climate-related disclosures. It offers stakeholders comprehensive information about the company's strategies for managing climate risk, climate change mitigation, and the opportunities it sees in adapting to climate challenges. The report outlines transitional and physical climate-related risks across its operations and value chain, covering both suppliers and customer sites.

Commenting on the report's launch, Priya Agarwal Hebbar, Chairperson of Hindustan Zinc Limited, said, "At Hindustan Zinc, sustainability is at the heart of who we are. This report reflects our collective efforts and progress towards a greener future. We have taken significant actions, including a stronger focus on renewable energy, in line with our SBTi commitment. The report, aligned with IFRS S2 standards, reaffirms our commitment to transparency in climate action. Our goal is to produce critical minerals sustainably and support India's ambitious #NetZero targets."