Operational Excellence and Sustainability
Sustainability Goals 2025: Goal #7
Focusing on Responsible Sourcing
FY 2025 Goal:
100% Responsible Sourcing in the supply chain
10
REDUCED
INEQUALITIES
HINDUSTAN ZINC
Zinc & Silver of India
Key Initiatives taken in FY 2021-22
Enabled entire operation with 1,100+
active supplier and service partners
25 existing suppliers developed for
alternate sourcing and OEM to OPM
conversion for spares
8 new suppliers for critical
commodities for supply chain
de-risking
ESG assessment introduced in
contract process and business
partner collaboration initiated
Focus on online buying with auction
tool; 90%+ adoption
Quality management process of incoming
supplies through quality due diligence,
based on assessment framework
Working with top partners basis
preferred performance on various
responsible sourcing guidelines and
parameters
Robust business partner management
framework, with a clearly defined code of
conduct
Exhaustive Business Partner monitoring
and rationalisation system to manage
supply chain risks
Progress
Ontrack
for sustainable sourcing goals including
reducing scope 1 and 2 emissions by 18%,
embedding ESG across supply chain and
local sourcing
1,607
234
Business Partners
engaged
Business Partners on
whom due diligence
was carried out
452
Business
Partners
identified as
Local Tier I
243
Business
Partners
identified as
Critical Tier I
Confidential
Sensitivity: Public (C4)
->>>>>>>
SAFE
SMART
Д
SUSTAINABLE
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