Business

Adani Ports Receives Accolades For Leading Climate Action & ESG Practices

Adani Ports and Special Economic Zone Ltd (APSEZ) has garnered global recognition from CDP (formerly the Carbon Disclosure Project) for its steadfast commitment to combating climate change and implementing exemplary Environmental, Social, and Governance (ESG) practices throughout its supply chain.

CDP, a renowned non-profit organization, has awarded APSEZ a prestigious “A-” rating in both climate change and supplier engagement categories, underscoring its leadership in sustainability initiatives.

The Adani Group company achieved the highest rating of “A” for its efforts in emission reduction, climate governance, supplier engagement, Scope 3 emissions management, and risk mitigation strategies.

APSEZ CEO Ashwini Gupta Champions Sustainability & Net Zero Emissions Goals

Ashwini Gupta, CEO of APSEZ, emphasized the company’s dedication to sustainability, highlighting their efforts in reducing carbon emissions.

He expressed satisfaction with APSEZ’s advancing ESG performance and the acknowledgment of their climate leadership by ESG rating agencies.

Gupta outlined APSEZ’s future objectives, emphasizing, “Our next aim is to achieve net zero emissions by 2040, leveraging expanded renewable energy capacity and sustainable transportation initiatives.”

FICCI jointly hosted the ‘Climate Action in India: Role of Businesses & Supply Chain’ event in New Delhi, where they presented the accolade.

In addition to the CDP recognition, APSEZ is nearing the status of negligible ESG risk, scoring 11.3 on Sustainalytics’ scale, just shy of the 0-10 band reserved for companies with minimal ESG risks.

Among the 16,215 companies evaluated globally by Sustainalytics, APSEZ stands in the 95th percentile.

APSEZ has also maintained its leadership position in the low-carbon transition within the port sector and secured a notable place in the S&P Global Corporate Sustainability Assessment (CSA) 2023, ranking in the top 15 globally.

Notably, APSEZ is recognized as the sole port operator among 334 entities in the Global Transportation Infrastructure sector to feature prominently in this prestigious list.

The recognition underscores APSEZ’s commitment to sustainable practices and its role as a leader in driving environmental stewardship and corporate responsibility within the global business landscape.

Also Read: Hyundai Motor India Plans $2.5-$3 Billion IPO Journey In Indian Market

Mankrit Kaur

Recent Posts

MyGov Launches Exciting Contests To Celebrate 11 Years Of Transformative Governance

Marking 11 years of transformative governance, citizen engagement platform MyGov has launched a series of…

2 hours ago

President Murmu And PM Modi Extend Eid Al-Adha Wishes, Call For Unity And Service

On Saturday, President Droupadi Murmu and PM Modi extended warm wishes to citizens on occasion…

2 hours ago

JD Vance Resignation Claim Is False; Confirms No Credible Source

Viral claims about US Vice President JD Vance resigning due to tensions between Donald Trump…

3 hours ago

Vikrant Massey Shares Adorable ‘Monkey Business’ Moment With Son In Naples

Actor Vikrant Massey, currently enjoying a family holiday in Naples, Italy, delighted fans by sharing…

4 hours ago

Trending: Eid Al-Adha 2025: The Festival Of Sacrifice Brings Communities Together

Eid al-Adha, also known as Bakri Eid or the festival of sacrifice, stands as one…

4 hours ago

Overcoming Procrastination: Strategies That Help

Discover practical strategies to overcome procrastination, improve focus, and build habits that drive consistent productivity.

4 hours ago