Hindustan Zinc Makes History as First Indian Company to Join ICMM

2 min read     Updated on 12 Aug 2025, 02:08 PM
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Jubin VergheseBy ScanX News Team
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Overview

Hindustan Zinc becomes the first Indian company to join the International Council on Mining and Metals (ICMM), a group of 25 leading global mining companies committed to sustainable development. The company passed a rigorous assessment process and commits to adhering to 40 performance expectations across ESG practices. Hindustan Zinc aims to become net-zero by 2050 and has introduced EcoZen, Asia's first low-carbon 'green' zinc brand. This membership sets a new standard for sustainable mining practices in India.

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*this image is generated using AI for illustrative purposes only.

Hindustan Zinc , India's largest integrated zinc producer, has achieved a significant milestone by becoming the first Indian company to join the prestigious International Council on Mining and Metals (ICMM). This landmark achievement not only puts Hindustan Zinc on the global stage but also marks a new chapter for India in the realm of responsible and sustainable mining practices.

A Prestigious Membership

The ICMM is an elite group of 25 of the world's leading mining and metals companies committed to advancing sustainable development, transparency, and ethical practices across the mining value chain. Hindustan Zinc's membership comes after a rigorous independent assessment and endorsement by ICMM's Council, comprising the CEOs of member companies, based on recommendations from the Independent Expert Review Panel (IERP).

Setting New Benchmarks

By joining the ICMM, Hindustan Zinc commits to adhering to 40 performance expectations that span Environmental, Social, and Governance (ESG) practices. These commitments include third-party validation and apply across all company assets, setting a new standard for the Indian mining industry.

Priya Agarwal Hebbar, Chairperson of Hindustan Zinc Limited, expressed pride in this achievement, stating, "Hindustan Zinc's induction into the International Council on Mining and Metals (ICMM) marks a proud milestone - not just for our company, but for India. It reaffirms our commitment to sustainability, innovation, and responsible resource development, while creating new opportunities to collaborate with some of the world's most respected leaders in mining."

A Leader in Sustainability

Hindustan Zinc has been recognized for its leadership in various areas, including:

  • Tailings management
  • Decarbonisation efforts
  • Circular economy initiatives
  • Diversity, equity, and inclusion (DEI) practices

The company's commitment to sustainability is further evidenced by its ranking as the world's most sustainable company in the metals and mining sector by the S&P Global Corporate Sustainability Assessment for two consecutive years.

Ambitious Goals for the Future

As part of its commitment to responsible mining, Hindustan Zinc has set ambitious 2030 Sustainable Goals targeting:

  • Climate action
  • Biodiversity preservation
  • Water stewardship
  • Circularity
  • Inclusive growth

The company aims to become net-zero by 2050 or sooner and has already made significant progress in reducing its environmental impact. Hindustan Zinc has reduced greenhouse gas emissions intensity by 15% in FY25 compared to the 2020 baseline while increasing production.

Innovation in Green Production

Hindustan Zinc is pioneering low-carbon metal production in Asia. The company recently introduced EcoZen, Asia's first low-carbon 'green' zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, which is approximately 75% lower than the global average.

Global Impact and Future Prospects

Rohitesh Dhawan, President and CEO of ICMM, welcomed Hindustan Zinc's membership, saying, "This is a significant milestone for ICMM - our first new member since Boliden joined in 2021 and a key step in deepening our engagement in the region. The growing interest from companies in joining ICMM reflects the positive momentum we're seeing in our mission to influence the broader mining industry."

As the world transitions towards clean energy, Hindustan Zinc is uniquely positioned to lead with purpose, balancing growth with environmental stewardship and social progress. Its ICMM membership cements its role as a global benchmark for responsible mining and amplifies India's voice in shaping the future of ethical resource development.

This historic membership not only elevates Hindustan Zinc's status in the global mining community but also sets a new standard for sustainable and responsible mining practices in India and beyond.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%+0.47%-2.22%+2.42%-25.38%+84.82%
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Hindustan Zinc Appoints Ashish Chatterjee as New Government Nominee Director

2 min read     Updated on 30 Jul 2025, 04:38 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

Hindustan Zinc Limited has appointed Ashish Chatterjee as the new Government Nominee Director (Non-Executive), effective July 25, 2025, replacing Nirupama Kotru. Chatterjee, currently Additional Secretary & Financial Advisor in the Ministry of Steel, will also join the Audit and Risk Management Committee. He brings over 25 years of administrative experience and has previously served on boards of GAIL, SAIL, and NMDC.

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*this image is generated using AI for illustrative purposes only.

Hindustan Zinc Limited (HZL), a prominent player in the Indian mining sector, has announced a significant change in its board composition. The company has appointed Mr. Ashish Chatterjee as the new Government Nominee Director (Non-Executive), effective July 25, 2025, following an order from the Ministry of Mines, Government of India.

Board Reshuffle

Mr. Chatterjee, who currently holds the position of Additional Secretary & Financial Advisor in the Ministry of Steel, replaces Ms. Nirupama Kotru on the Hindustan Zinc board. The appointment was approved by the company's Board of Directors.

New Role and Responsibilities

In addition to his role as a Non-Executive Director, Mr. Chatterjee has been inducted as a member of the Audit and Risk Management Committee of the Board of Directors, effective from his appointment date.

Ashish Chatterjee's Profile

Mr. Chatterjee brings a wealth of experience to his new role:

  • A 1999 batch IAS officer from the Tamil Nadu cadre
  • Over 25 years of extensive administrative experience
  • Currently holds the position of Additional Secretary & Financial Advisor in the Ministry of Steel, Government of India
  • Serves as Government Nominee Director on the boards of SAIL and NMDC

Previous Board Experience

Mr. Chatterjee has previously served as a Government Nominee Director on the boards of GAIL (India) Ltd., SAIL, and NMDC, contributing to strategic decision-making in various sectors.

Departure of Ms. Nirupama Kotru

With Mr. Chatterjee's appointment, Ms. Nirupama Kotru ceased to be a director of Hindustan Zinc Limited from July 25, 2025. The Board acknowledged her valuable contributions during her tenure.

This board reshuffle represents a continuation of the government's involvement in the strategic direction of Hindustan Zinc Limited, a key player in India's mining and metals sector.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%+0.47%-2.22%+2.42%-25.38%+84.82%
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