Business

Adani Energy Solutions Becomes World’s Highest ESG-Scored Utility With 90 Score

Adani Energy Solutions (AESL), India’s largest private transmission and distribution company, has emerged as the world’s highest ESG-scored utility, according to S&P Global’s latest Media and Stakeholder Analysis review.

Following the assessment, S&P Global corrected a previously impacted governance-related evaluation.

AESL’s ESG Score rose to 90 out of 100, placing it first globally among utilities. The sector average stands at 41, while AESL previously scored 81.

AESL’s disclosure-based Corporate Sustainability Assessment score climbed 17 points year-on-year to 90.

The company recorded an Environmental score of 93, Social score of 89, and Governance & Economic score of 84. These figures significantly exceed industry averages.

Product Stewardship, Climate Strategy and Human Capital Management remained key performance drivers.

“Being recognised as the highest ESG-scored utility company globally by S&P Global is a proud milestone for AESL and a strong validation of our commitment to sustainable growth. At AESL, sustainability is integrated into our everyday decision-making processes. This achievement reflects the dedication of our teams across the organisation, who continuously work to strengthen our environmental performance, social impact, governance standards, and disclosure practices,” said Kandarp Patel, CEO, AESL.

AESL operates across power transmission, distribution, smart metering and cooling solutions. It has 29,739 circuit km of transmission network and 1,43,425 MVA transformation capacity. Its retail distribution business serves around 13 million consumers in metropolitan Mumbai and Mundra SEZ.

AESL is expanding its smart metering operations and aims to become India’s leading smart metering integrator.

Also Read: Stock Market Today: Sensex, Nifty Extend Losses As US-Iran Tensions Weigh

Pragati Upadhyay

I report stories and occasionally rescue facts from chaos. By profession, I’m a journalist; by conviction, a social worker who believes words should move people, not just headlines. I question power, celebrate ordinary heroes, and sometimes irritate the comfortable. If truth had a shift, I’d probably be working overtime.

Recent Posts

AdaniConneX’s Vizag Data Centres To Use Air Cooling, Limit Freshwater Consumption

AdaniConneX’s proposed data centres in Visakhapatnam, being developed in partnership with Google, will use air…

9 mins ago

PM Modi Announces Rs 2 Lakh Aid For Families Of Gwalior Road Accident Victims

Prime Minister Narendra Modi expressed condolences after 12 people died in a truck accident near…

3 hours ago

Kolkata Stampede Case: Police Detain 12, SIT To Probe 19 Deaths

Kolkata Police have detained 12 people, including Durga Puja organisers and volunteers, for questioning over…

5 hours ago

CM Yogi Extends Durga Ashtami Greetings, Prays For Joy And Peace In Devotees’ Lives

Uttar Pradesh Chief Minister Yogi Adityanath extended greetings to devotees on Durga Ashtami, praying to…

6 hours ago

Kolkata Stampede Death Toll Rises To 19; CM Adhikari Announces Rs 25 Lakh Compensation, Jobs For Families

West Bengal Chief Minister Suvendu Adhikari confirmed 19 deaths and 25 injuries in the Kolkata…

7 hours ago

Truth Without Apology: A Mirror For Those Tired Of Sweet Lies | Acharya Prashant

Tired of comfortable illusions? Acharya Prashant’s Truth Without Apology challenges readers to confront fear, ego,…

14 hours ago