Vedanta group firm Hindustan Zinc Ltd announced the release of a new report on Monday aimed at identifying nature-related risks and assisting the company in developing sustainable strategies to combat climate change.

The report, based on the guidelines of the Taskforce on Nature-related Financial Disclosures (TNFD), details the company’s nature-related dependencies, impacts, risks, and opportunities. It enables Hindustan Zinc to assess its direct operations and upstream critical supply chain with regard to nature.

According to a statement from Hindustan Zinc, the report is a crucial tool for identifying nature-related risks and creating sustainable strategies. These strategies are founded on a dual approach that focuses on both mitigating and adapting to climate change.

Hindustan Zinc emphasized that the TNFD report allows for a comprehensive assessment of the company’s environmental impact, helping to shape proactive measures for sustainability. The company’s commitment to addressing climate change is reflected in its efforts to integrate nature-related considerations into its operational and strategic planning.

This initiative underscores Hindustan Zinc’s dedication to environmental stewardship and its proactive approach to managing the challenges posed by climate change. By aligning its strategies with the TNFD framework, Hindustan Zinc aims to enhance its sustainability efforts and contribute to global climate action.