Corporate Governance

Vedanta Limited, our listed parent company, believes that high standards of corporate governance are crucial to ensuring business success. As a unit of the Vedanta group, Zinc International adheres to the same strict code of conduct (the Code) and rules of corporate governance.

“The Company's reputation is its most valuable asset,” says Anil Agarwal, Chairman of Vedanta. “How we conduct ourselves day to day with each other, our customers, our shareholders, our competitors, our neighbouring communities and our suppliers forms the basis of our reputation as an ethical group. Uncompromising business ethics are an integral part of our values and of our way of doing business. We should be honest in every situation and ethical in all our business practices.”

Our holistic Sustainable Development Model and group-wide sustainability targets enable us to make a powerful contribution to the economic and social development of our host communities.

Code of Conduct

Vedanta’s Code of Conduct promotes:

  • honest and ethical behaviour in all aspects of the business
  • ethical handling of conflicts of interest in personal and professional relationships
  • full, fair, accurate, timely and understandable disclosure in the reports and documents the Company files or submits to relevant authorities and that it communicates to the public
  • compliance with applicable laws, rules and regulations in the jurisdictions in which we operate
  • prompt internal reporting of all relevant matters to appropriate people
  • accountability for adherence to the Code

The health and safety of our employees and of any other person who may be affected by the Group’s operations is of paramount importance. We aspire to the realisation of zero harm, and we strive to implement world-class management systems and to engender a strong safety culture across all of our operations.

We will strive, particularly in our use of innovative technologies, to confront the challenges presented by climate change. We will promote, encourage and prioritise reuse and recycling throughout all of our businesses. All employees are encouraged to play an active role in identifying and supporting environmental improvement programmes.

Whistleblowing policy

Our Whistleblowing Policy has been adopted to govern the receipt, retention and treatment of complaints as well as to protect confidential and anonymous reporting. These policies and procedures apply to and are available to all employees of the Company, its subsidiaries as well as all external stakeholders.

Employees have the opportunity to submit or report complaints pertaining to any event that could affect the interests of the business.

The Company will protect the confidentiality and anonymity of the complainant to the fullest extent possible with the objective of conducting an adequate review of each particular complaint. External stakeholders have the opportunity to submit complaints. However, the Company is not obliged to keep complaints from non-employees confidential or to maintain the anonymity of non-employees.

Vedanta prohibits retaliation against an employee who, in good faith, seeks help or reports known or suspected violations of the Code. Any reprisal or retaliation against an employee because the employee, acting in good faith, sought help or filed a report will be subject to disciplinary action, including potential termination of employment.

Any employee who violates the Code will be subject to appropriate discipline, which may include termination of employment, based on the facts and circumstances of each situation. Violations are viewed seriously, as unethical conduct by a representative of the Vedanta group could have serious consequences for the individual and the organisation.

Health Safety and Environment Policy

We believe in sustainable development and we are committed to effective management of health, safety, environment and community development as an integral part of our business. We strive to

  • develop, implement and maintain health, safety and environment (HSE) management systems, aligned with our commitments and beliefs, and consistent with world-class standards
  • comply with applicable HSE regulations in all our activities to ensure a safe and healthy work environment
  • seek continuous improvement by setting and reviewing targets, assessing and reporting HSE performance, using appropriate best available practices and providing all employees with HSE training
  • implement regular health surveillance and risk-based monitoring of employees
  • conserve natural resources, raw materials, water and energy with process improvements, recycling and waste reduction/recycling
  • work with communities to contribute to their development
  • encourage contractors and suppliers to adopt our principles and practices
  • communicate with all our stakeholders on the progress and performance of HSE management.

People and Community

We believe in sustainable development and we are committed to raising the quality of life and social wellbeing of our host communities, guided by

  • our community development initiatives prioritised according to local needs:
    • social investment (health, education and livelihood)
    • bio-investment (water harvesting, agriculture and social forestry)
    • environmental conservation
  • incorporating all corporate social responsibility activities of operating locations as an integral part of their business plans with appropriate implementation
  • working with like-minded associates, government bodies and volunteer organisations in pursuit of our mission
  • measuring and reporting progress while encouraging third-party reviews
  • regularly communicating with all our stakeholders on progress and performance of social management

Social Policy

Our people are our key assets so we are committed to ensuring that they enjoy excellent wellbeing and quality of life.

A strong community foundation is at the core of our business success and effective management style. We achieve this by building good quality relationships among our people and thus also strengthen community support.

Community empowerment is essential to improving the quality of life enjoyed by our host communities striving to achieve self-sustainability.

We believe in nurturing and mentoring leaders within our organisation and providing employees with the guidance and knowledge they need to grow and thrive by

  • contributing to the needs of our host communities
  • creating strong, trustworthy partnerships to support our communities
  • ensuring strong relationships with all of our stakeholders through proactive communication and engagement
  • making our workplaces free from all forms of discrimination and harassment
  • managing our business with integrity to ensure that our employees’ rights and dignity are respected
  • operating as a responsible and good neighbour
  • honouring all commitments following mergers and acquisitions
  • engaging transparently and in good faith with our suppliers and customers
  • working with communities to contribute towards their development.

Policy documents