Hindustan Zinc Launches EcoZen, Asia’s First Low Carbon ‘Green’ Zinc

• Hindustan Zinc’s EcoZen and other zinc products find their primary application in galvanization of steel for corrosion resistance

• Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average

 

Mumbai: Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), India’s largest and the world’s second-largest integrated zinc producer, launched EcoZen, its low carbon ‘green’ zinc brand today. Recognized as the world’s most sustainable metals & mining company as per S&P Global CSA, the company has launched Asia’s first low carbon ‘green’ zinc offering for its customers worldwide.

EcoZen has been certified as low-carbon zinc by a renowned global sustainability consulting firm through a life cycle assessment (LCA) and has a carbon footprint of less than one tonne of carbon equivalent per tonne of zinc produced. Manufactured using renewable energy, the carbon footprint of EcoZen is about 75% lower than the global average.

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The primary application of zinc is for galvanization of steel to protect it from corrosion hence it is a critical mineral essential for modern life. It is important for its role in sectors such as steel, infrastructure, automotive and sunrise sectors such as renewable energy, electronics, hi-tech manufacturing, energy storage, defence and electric mobility. EcoZen demonstrates Hindustan Zinc’s commitment to decarbonize its operations as well as provide its customers with an unmatched competitive advantage to in turn serve their customers with more sustainable choices. This newest offering will lead to a total carbon emission avoidance of about 400 kgs across their value chain in galvanizing one tonne of steel with Hindustan Zinc’s EcoZen.

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Priya Agarwal Hebbar, Chairperson Hindustan Zinc and Non-Executive Director Vedanta Group, said, "Sustainability continues to be at the core of all our business decisions. Hindustan Zinc being #1 in the S&P Global Corporate Sustainability Assessment, is testament to our commitment of building a sustainable future. Today, the launch of EcoZen is another leap in our journey of becoming Net Zero by 2050. By setting global benchmarks in the field of ESG, Vedanta's Hindustan Zinc is revolutionizing the natural resources industry by creating safer, smarter and more sustainable operations & products."

Speaking on the occasion of the product launch, Arun Misra, CEO Hindustan Zinc Limited expressed, “The launch of EcoZen marks a historic milestone in our journey of decarbonizing our operations, also serving environmentally conscious customers who are discerning about the origin of the raw materials they use and aim to decarbonize their supply chain. This is a major milestone in our product strategy, in line with Hindustan Zinc’s net-zero goals. Produced with a carbon footprint of less than one tonne of carbon equivalent, EcoZen represents one of the most sustainable low carbon zinc options on the market for its role in protecting infrastructure and in technologies for the low carbon transition.”

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