Latest news with #2024CorporateSustainabilityAssessment
Time of India
29-04-2025
- Business
- Time of India
Hindustan Zinc becomes India's largest integrated silver manufacturer
Hindustan Zinc Limited has been recognised as India's largest integrated silver manufacturer for 2024 at the 3rd India Silver Conference 2025, held in Udaipur, Rajasthan. The company, part of the Vedanta Group, is among the top five silver producers globally. The award reflects Hindustan Zinc 's increased output and role in meeting rising global demand for silver, a metal used across sectors including solar energy , electronics , electric mobility and healthcare. At the conference, the company showcased 99.99 per cent purity 30 kg and 1 kg silver bars certified by the London Bullion Market Association (LBMA), along with galena ore sourced from its Sindesar Khurd Mine in Rajasthan. The mine is one of the top five silver-producing mines in the world. Arun Misra, CEO of Hindustan Zinc, who said, 'At Hindustan Zinc, we take immense pride in being a global frontrunner in silver production. Our strategic positioning allows us to cater to the rising demand for this versatile metal. With silver prices touching historic heights, the metal has emerged as a pivotal enabler in the clean energy transition. Our silver, refined at our Pantnagar facility in Uttarakhand, is produced using 100% renewable energy, reinforcing our commitment to sustainable and responsible production.' Growth since disinvestment Following the Indian government's disinvestment in 2002 and the company's acquisition by Vedanta, Hindustan Zinc has increased its silver production 20-fold. Before the acquisition, India primarily relied on silver imports and Hindustan Zinc had minimal output. Today, the company exports to over 40 countries and holds a 77 per cent share of India's primary zinc market. The company's Pantnagar Metal Plant is accredited under the LBMA's Responsible Silver Guidance framework, reflecting adherence to international sourcing and production standards. Hindustan Zinc has also launched EcoZen, a zinc brand produced using renewable energy, and has been named the World's Most Sustainable Metals and Mining Company by S&P Global's 2024 Corporate Sustainability Assessment. The company aims to achieve net zero emissions by 2050 or earlier.
Korea Herald
12-03-2025
- Business
- Korea Herald
LX Hausys named Industry Mover in S&P Global's 2024 CSA
South Korean housing materials company LX Hausys said Wednesday it has been recognized as an Industry Mover in the 2024 Corporate Sustainability Assessment, or CSA, released by S&P Global, highlighting its outstanding sustainability performance. Among 7,690 companies reviewed, only 56 earned the Industry Mover title by achieving the most significant increase in their CSA scores, with at least a 5 percent year-over-year growth. LX Hausys was the only company in the building products industry to receive this distinction, recording a 13 percent on-year increase. LX Hausys secured top rankings in three segments: climate change strategy, environment policy and management and risk management. The company successfully reduced carbon emissions for five consecutive years and obtained international environmental sustainability certifications, including ISO standards. As a result of these achievements, LX Hausys was also included in S&P Global's Sustainability Yearbook Member 2025, which features 780 global enterprises ranked in the top 15 percent of their respective industries based on rating scores. 'We are honored to be recognized for our strong ESG performance, and we will continue to enhance our ESG capabilities in response to global climate change challenges," said an LX Hausys official. LX Hausys is the only Korea-based interior company to be included in the Dow Jones Best-in-Class Indices for ten consecutive years. The company has also maintained an ESG rating of 'A' for nine consecutive years from the Korea ESG Standards Institute.
