Transparency and Accountability are the cornerstones of governance at HZL. A multi-tiered Governance System ensures that all our CSR initiatives are subject to stringent audits and are monitored by the Implementation Monitoring Committee (IMC) on a monthly basis, by the Executive Committee (ExCo) on a quarterly basis and by the CSR Board Sub Committee on a half yearly basis.
All major CSR projects are reviewed by Project Steering Committees and Project Advisory Committees. The Project Steering Committee comprises of CSR team members and NGO partners and conducts monthly or bi-monthly reviews. The Project Advisory Committee meets twice a year to review progress and plan future measures. This committee consists of concerned Government officials, NGO partners, CSR Project Leaders from HZL and leading subject matter experts.
Climbed up to 20th Rank, from 50th rank last year,
in the Futurescape & IIM - Udaipur CSR & Sustainability ratings.
Hindustan Zinc’s performance in the 2017 study improved dramatically, and it jumped about 30 places. This performance improvement comes on the back of the release of its sustainability report which enhanced disclosures considerably. A sustainability report with an assurance report is viewed favourably by the study. The publication of the sustainability report led to several items on stakeholders and sustainability, that did not receive a score earlier, getting evaluated and scored. Disclosure scores increased by 67%, stakeholders by 40% and sustainability by 39%.
