Mission Statement, Vision, & Core Values (2025) of Hindustan Zinc Limited.

An Overview of Hindustan Zinc Limited

General Summary of Hindustan Zinc Limited

Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Resources Limited, was established in 1966. The company is a leading producer of zinc, lead, and silver in India. HZL operates multiple mining and smelting facilities across Rajasthan and employs advanced technologies to produce high-quality metals. As of 2024, HZL's annual sales have reached approximately INR 30,000 crores.

HZL’s diverse product offerings include:

• Zinc concentrates
• Lead concentrates
• Silver

The company has also invested in sustainable practices, focusing on reducing its carbon footprint and enhancing operational efficiency.

Company's Financial Performance in the Latest Financial Reports

In the fiscal year 2023-2024, Hindustan Zinc reported a record-breaking revenue of INR 35,000 crores, which signifies a remarkable increase of 15% compared to the previous fiscal year. The growth is primarily driven by strong demand for zinc, with sales volumes totaling 1.2 million tonnes.

The key financial highlights include:

• Net Profit: INR 10,000 crores
• EBITDA Margin: 45%
• Return on Equity (ROE): 20%

Hindustan Zinc's main product contributions to revenue were:

Additionally, the company has expanded its market presence, increasing exports, particularly to Europe and North America, further boosting its revenue streams.

Introduction to Company as a Leader in the Industry

Hindustan Zinc is recognized as one of the leading companies in the global zinc industry, contributing significantly to the metal's market. According to industry reports, HZL holds a market share of approximately 25% in India's zinc production. The company's commitment to innovation and sustainability has positioned it at the forefront of the mining and metals sector.

Explore the company's further initiatives and strategies for sustainable growth, and learn how it continues to lead in both production efficiency and market expansion.

Mission Statement of Hindustan Zinc Limited

Mission Statement of Hindustan Zinc Limited

The mission statement of Hindustan Zinc Limited (HZL) encapsulates the company's commitment to sustainable mining while emphasizing innovation, quality, and stakeholder engagement. It serves as a guiding framework for the company, aiding in aligning its long-term objectives with operational practices and promoting corporate responsibility.

Core Component 1: Sustainable Development

Sustainable development is a key component of HZL's mission statement. This includes the responsible extraction of resources while minimizing environmental impact. HZL aims to operate in a manner that enhances the socioeconomic conditions of the local communities.

In the fiscal year 2021-2022, HZL reported a 15% reduction in water usage per ton of metal produced compared to the previous year. The company plans to achieve 100% water recycling by 2025, underlining its commitment to sustainability.

Core Component 2: High-Quality Products

HZL focuses on providing high-quality zinc, lead, and silver products, which are crucial for various industries including construction, automotive, and electronics. It utilizes advanced technology to ensure product excellence.

In 2022, HZL's revenue reached approximately ₹30,000 crore (approximately $4 billion), driven by an increase in metal production, which rose to 1.12 million tons of zinc and 0.22 million tons of lead. The company consistently adheres to stringent quality standards, ensuring that over 95% of its products meet international specifications.

Core Component 3: Stakeholder Engagement

Engaging with stakeholders, including employees, customers, suppliers, and local communities, is vital to HZL's mission. The company emphasizes transparency and collaboration in its operations.

In 2021, HZL launched its stakeholder engagement program, successfully reaching out to over 10,000 community members across its operational regions. The program resulted in the establishment of various initiatives aimed at improving education and healthcare facilities, with investments totaling ₹150 crore (approximately $18 million) in community development projects.

Vision Statement of Hindustan Zinc Limited

Vision Statement Overview

Hindustan Zinc Limited (HZL) envisions being the world’s preferred zinc and lead producer, focusing on sustainability, innovation, and efficiency. The company aims to contribute significantly to the economy and society while maintaining a steadfast commitment to environmental stewardship.

Global Leadership in Zinc Production

The vision emphasizes Hindustan Zinc's objective to be a leading player in the zinc market, capitalizing on its strong production capabilities. In FY 2023, Hindustan Zinc produced approximately 1.1 million tonnes of zinc and 0.2 million tonnes of lead.

With over 13,000 employees and a widespread operational network, the company is positioned to expand its market share significantly as global demand for zinc is projected to reach 15 million tonnes by 2025.

Sustainable Practices and Environmental Responsibility

Hindustan Zinc is committed to sustainable mining operations. The company aims to achieve a zero waste target by 2030, focusing on recycling and responsible use of resources. In FY 2023, the company recycled 99% of its water usage in production processes.

Additionally, Hindustan Zinc is investing heavily in renewable energy, targeting a 50% reduction in greenhouse gas emissions by 2030. In 2022, it reported a carbon footprint of 0.6 million tonnes of CO2 equivalent, with ongoing initiatives aimed at further reductions.

Innovation and Technology Integration

The vision statement highlights the importance of innovation in driving operational excellence. Hindustan Zinc is integrating advanced technologies such as Artificial Intelligence and machine learning in their operations. As of 2023, the company allocated INR 1 billion to technology upgrades and digital transformation initiatives.

Key initiatives include the automation of mining operations, which is expected to improve productivity by 15% by 2025.

Commitment to Community and Societal Development

Hindustan Zinc's vision includes a strong commitment to community development, aiming to enhance the quality of life for surrounding communities. In FY 2023, the company invested INR 1.2 billion in community programs focusing on education, health, and livelihood.

Programs have benefited over 500,000 individuals through various initiatives. The company’s focus includes education initiatives that cover over 200 schools in rural areas.

Financial Performance and Growth Objectives

Hindustan Zinc aims for consistent financial growth to support its vision. In FY 2023, the company reported revenues of INR 283 billion, with a net profit margin of 25%. The forecast for FY 2024 projects revenues to exceed INR 300 billion, fueled by increasing zinc prices and expanded production capacity.

Core Values of Hindustan Zinc Limited

Core Value: Safety

The commitment to safety is paramount at Hindustan Zinc Limited (HZL). In 2022, HZL achieved a Total Recordable Injury Rate (TRIR) of 0.22, significantly lower than the industry average of 0.6. This emphasis on safety is driven by rigorous training programs and a proactive culture that prioritizes employee well-being.

HZL's 'Safety First' initiatives include mandatory safety training for all employees, regular safety audits, and the implementation of advanced safety technologies. In 2023, HZL invested ₹50 million in safety infrastructure, enhancing emergency response systems at all sites.

Core Value: Sustainability

Sustainability is a core value that underpins HZL's operational philosophy. The company aims for a reduction of greenhouse gas emissions by 30% per ton of production by 2025. In 2023, HZL reported a 10% reduction in emissions compared to the previous year.

To further its commitment, HZL has initiated several programs, including the 'Zero Waste' policy, which targets achieving 100% recycling of industrial waste. In 2022, HZL recycled 95% of its waste materials, contributing to a circular economy model.

Core Value: Integrity

Integrity is central to how HZL operates. The company adheres to strict ethical guidelines, which include transparent reporting and compliance with local and international regulations. In 2023, HZL maintained an average compliance score of 98% in regulatory audits.

HZL's commitment to integrity is exemplified through its community engagement programs, where it invests ₹20 million annually in local development projects. The company's 'Open Books' policy ensures that stakeholders have access to financial documents for transparency.

Core Value: Innovation

Innovation drives HZL's competitive edge in the mining sector. The company has implemented cutting-edge technology such as AI and IoT to enhance operational efficiency. In 2023, HZL reduced operational costs by 15% through technology integration.

HZL's investment in research and development reached ₹30 million in 2022, focusing on sustainable mining practices. The 'Digital Mine' initiative aims for full automation in select operations by **2025**.

Core Value: Community Engagement

Community engagement is essential to HZL's operational framework. The company executes various CSR programs, focusing on education, health care, and women’s empowerment. In 2023, HZL allocated ₹25 million towards educational initiatives benefiting over 10,000 students in local communities.

Through the 'Skill Development Program,' HZL trained 2,500 individuals in vocational skills, enhancing employability and local economic development in 2022.