Hindustan Zinc has been applauded for the Sustainability Practices and has been recognized with Sustainability Plus Platinum Label (A rating – Score 75.38) by CII. Hindustan Zinc is one of 100 companies who were analysed on Environment, Social and Governance parameters and based on the scores company has received Sustainability Plus Label. Ten companies got Sustainable Plus Platinum, seven got Sustainable Plus Gold, and the remaining 83 companies got Sustainable Plus Bronze.
Sustainable Plus, world’s first and only corporate sustainable label is CII's initiative to provide a brand identity tool to companies to communicate to various stakeholders that they are a sustainable company. It is based on comprehensive ESG analysis of companies which helps them to measure performance as well as identify risk that challenge sustainability of their business. CII’s Centre of Excellence for Sustainable Development (CESD) launched Sustainable Plus in 2012 to provide a brand identity tool to companies to communicate to various stakeholders that they are sustainable, responsible and well-governed as well as to enable them to improve their sustainability performance. The label is unique in a manner that a business association’s innovation has led to creation of a product that has the potential to compel its members in becoming more sustainable and therefore competitive.
· Third party credibility to Sustainability Initiatives
· Fosters Innovation in Supply Chain
· Improve brand image & brand differentiation
· Ease of recognition by consumers
· Improves Sustainability Performance