In 2024, Hindustan Zinc completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Hindustan Zinc has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,250,000a | 3,440,000a | 4,320,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 560,000a | 1,140,000a | 490,000a | |
Total Scope 3 | 1,593,800a | 1,610,000a | 1,770,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1,262.0905a | 848.8391a | 1,137.812a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hindustan Zinc amounted to 4,810,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hindustan Zinc increased by 5.02%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Hindustan Zinc were 4,250,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Hindustan Zinc's Scope 1 emissions have decreased by 5.13%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Hindustan Zinc's Scope 1 emissions increased by 23.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Hindustan Zinc reported Scope 2 greenhouse gas (GHG) emissions of 560,000 tCO₂e without specifying the calculation method.a
Since 2020, Hindustan Zinc's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 124%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Hindustan Zinc's Scope 2 emissions (Unspecified Calculation Method) fell by 50.88% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Hindustan Zinc reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Hindustan Zinc reported 1,593,800 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hindustan Zinc includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Hindustan Zinc reported total Scope 3 emissions of 1,593,800 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 84.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 15.87% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Hindustan Zinc's Scope 3 emissionshave remained relatively stable, indicating that Hindustan Zinc's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Hindustan Zinc's Scope 3 emissions remained relatively stable, indicating that Hindustan Zinc's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Hindustan Zinc reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Hindustan Zinc's Scope 3 emissions were:a
In 2024, Hindustan Zinc reported Scope 1 greenhouse gas (GHG) emissions of 4,250,000 tCO₂e and total revenues of USD 3,367 millions. This translates into an emissions intensity of 1,262.09 tCO₂e per millions USD.a
In 2024, Hindustan Zinc reported a Scope 1 emissions intensity of 1,262.09 tCO₂e per millions USD. Compared to the peer group median of 177.79, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Hindustan Zinc ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Hindustan Zinc among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Hindustan Zinc reported a total carbon footprint of 6,403,800 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.45% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hindustan Zinc's total carbon footprint was Scope 1 emissions, accounting for 66.37% of the company's total carbon footprint, followed by Scope 3 emissions at 24.89%.a