Hindustan Zinc Launches EcoZen, Asia’s First Low Carbon ‘Green’ Zinc
24 Julio 2024 - 10:29AM
Business Wire
Produced using renewable energy, EcoZen has a
carbon footprint of less than 1 tCO2e/t of zinc produced, ~75%
lower than global average
Hindustan Zinc Limited (NSE: HINDZINC), India’s largest and the
world’s second-largest integrated zinc producer, has launched
EcoZen, Asia’s first low-carbon ‘green’ zinc brand. Certified
through a life cycle assessment (LCA) by a global sustainability
firm, EcoZen has a carbon footprint of less than one tonne per
tonne of zinc, about 75% lower than the global average. Primarily
used for galvanizing steel, zinc is crucial in sectors like
infrastructure, automotive, renewable energy, electronics, and
energy storage.
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Hindustan Zinc Limited launches EcoZen,
Asia's first Low Carbon 'Green' Zinc (Photo: Business Wire)
EcoZen showcases Hindustan Zinc’s commitment to decarbonizing
operations and providing customers with sustainable choices. The
product’s certification follows a mass-balance approach using the
cradle-to-gate method. EcoZen will avoid about 400 kg of carbon
emissions per tonne of steel galvanized.
Priya Agarwal Hebbar, Chairperson Hindustan Zinc, said,
“Sustainability continues to be at the core of all our business
decisions. Hindustan Zinc being #1 in the S&P Global is
testament to our commitment of building a sustainable future. The
launch of EcoZen is another leap in our journey of becoming Net
Zero by 2050.”
Arun Misra, CEO Hindustan Zinc Limited, expressed,
“The launch of EcoZen is a major milestone in our product strategy
and net-zero goals by serving environmentally conscious customers
who are discerning about the origin of the raw materials they use
and seek to decarbonise their value chain.”
Hindustan Zinc’s products are supplied to over 40 countries. The
company collaborates with clients to customise metals to meet their
specific needs. The offerings are the first in India to receive
Environmental Product Declaration (EPD) verification, providing
data on the product’s environmental footprint, and also has ISO and
BIS certifications along with REACH certification for exports to
Europe.
About Hindustan Zinc Limited
Hindustan Zinc Limited, a Vedanta Group company, is the
world’s second-largest integrated zinc producer and the
third-largest silver producer. The company supplies to more than 40
countries and holds a market share of about 75% of the primary zinc
market in India. Hindustan Zinc has been recognized as the world’s
most sustainable company in the metals and mining category by the
S&P Global Corporate Sustainability Assessment 2023. Hindustan
Zinc is pivotal in providing critical metals essential for the
global energy transition for a sustainable future.
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Sonal Choithani (Chief Communications Officer)
Sonal.Choithani@vedanta.co.in