Adani Power Ltd (APL), a key player in the Adani Group, has achieved an impressive score of 67 (out of 100) in the Corporate Sustainability Assessment (CSA) by S&P Global for FY 2023-24. This marks a significant improvement over its FY 2023 score of 48 and exceeds the sectoral average of 42.
With this score, Adani Power ranks in the top 80 percentile of global electric utilities. It has excelled in key CSA elements such as Human Rights, Transparency & Reporting, Water, and Waste & Pollution, where it ranks in the top 100 percentile. The company also scored in the 90 percentile or above in categories like Energy, Occupational Health & Safety, and Community Relationship.
Strong Commitment to ESG Principles
The S&P Global CSA Score is based on a company’s management of Environmental, Social, and Governance (ESG) risks and opportunities. Adani Power’s high score reflects its dedication to sustainable practices and its integration of ESG principles into its operations.
The company’s performance showcases its ability to manage ESG impacts through transparency, stakeholder engagement, and effective policies, solidifying its position as a leader in sustainability within the global power sector.
Adani Power: India’s largest private thermal power producer
Adani Power, part of the Adani Group, is India’s largest private thermal power producer. With an installed capacity of 17,510 MW across 11 plants in India, the company plays a vital role in the country’s energy infrastructure. It also operates a 40 MW solar power plant in Gujarat. Adani Power continues to focus on innovation and technology to provide affordable and reliable electricity across India.
Adani Power’s performance in the S&P Global CSA reinforces its commitment to corporate sustainability and responsible energy production.
Also Read: Global Investors Reaffirm Confidence In Adani Group Despite US Indictments
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