Adani Power has been recognized for its outstanding ESG (Environmental, Social, and Governance) performance by NSE Sustainability Ratings and Analytics. It achieved an ‘Aspiring’ category rating with a score of 65, surpassing other major thermal, mixed fuel, and integrated energy companies. This reflects Adani Power’s commitment to sustainable growth and responsible business practices and solidifies their dedication to environmental stewardship.
ESG Leadership Recognition
Adani Power Limited has been recognized by NSE Sustainability Ratings and Analytics Limited for its outstanding Environmental, Social, and Governance (ESG) performance. The company was awarded a score of 65 and placed in the “Aspiring” category.
Commitment to Sustainability
Adani Power has been ranked higher than other major thermal and integrated energy companies, reflecting its commitment to ESG principles and sustainable growth. The company’s continuous focus on ESG initiatives and operational excellence is benchmarked against industry standards. They have implemented advanced emission management technologies and invested in continuous monitoring systems.
Environmental Initiatives
Adani Power has prioritized water conservation through the adoption of zero liquid discharge systems. The organization has also invested in advanced emission management technologies, such as Ultra Super Critical boilers, to further reduce its carbon footprint.
Community Development
The company has expanded community development programs, emphasizing education, healthcare, and skill-building. Initiatives include scholarship programs for underprivileged students, health camps, and livelihood enhancement projects.
Governance Practices
Adani Power’s governance practices exceed regulatory requirements, including a high percentage of independent directors in key committees. They have also adopted stringent supplier and contractor ESG standards.
Industry Ratings
Sustainalytics’ ESG Risk Rating gave Adani Power a score of 29.2 (‘Medium Risk’), against a Global Electric Utility Industry average of 36.9 (lower is better). CSR HUB gave Adani Power an ESG rating of 77%, better than the Global industry average of 51%.
Source: BSE