Source: Marketscreener

AEL: ACC : Adani Portfolio H1FY25 ESG

Adani Portfolio ESG Snapshot- H1 FY25 November 2024 Adani Portfolio: Broad based ESG commitment and Credentials 2070 Net Zero Tax Transparency Audit TCFD Supporter SBTi/ Net Zero Commitment UNGC Participant IBBI DJSI (2023 Score) CDP - CC (2023 Score) CDP - WS (2023 Score) Sustainalytics MSCI CRISIL (2023 Score) ✓ ✓ ✓ 2040 ✓ ✓ 68 1 (from 65) A- formerly- B B 11.3 Low Risk CCC 57 (from 55) Adequate ✓ ✓ ✓ 2070 ✓ ✓ 48 (from 54) B B 35.3 High Risk CCC 55 (from 56) Adequate ✓ ✓ ✓ 2050 ✓ ✓ 72 1 (from 62) B formerly- D B 27.5 Medium Risk NA 61 (from 58) Strong ✓ ✓ ✓ 2050 ✓ ✓ 70 (from 61) A- formerly- C - 14.3 Low Risk BBB 66 (from 67) Strong ✓ ✓ ✓ 2070 ✓ ✓ 54 (from 50) B formerly- C - 24.5 Medium Risk NA 58 Adequate Adani Enterprises ✓ ✓ ✓ 2070 In Progress In Progress 49 (from 46) B - 32.9 High Risk CCC 50 (from 48) Below Average ✓ ✓ ✓ * 2050 ✓ ✓ 61 (from 66) A- B 21.8 Medium Risk NA 53 (from 52) Adequate ✓ ✓ ✓ * 2050 ✓ ✓ 60 (from 72) A- formerly - B B 25.2 Medium Risk B 51 (from 52) Adequate Monitored by 100% Independent Corporate Social Responsibility committee at each listed entity ESG Credentials updated as on date| * Ratified SBTI commitment | TCFD: Task Force on Climate-Related Financial Disclosures l IBBI: Indian Business & Biodiversity Initiative l UNGC: United Natio ns Global Compact l SBTi: Science Based Targets initiative l UD - Under Home outline discussion with SBTi l NC : No stated commitment CC: Climate Change | WS: Water Security | 1. Score for FY24 2 For ESG Credentials Legend Scale, please click: ESG Credentials Legends Scale (Annexure) Adani Enterprises Limited: ESG Updates Material Topic Climate Change Mitigation and Adaptation Water Management Waste Management Occupational Health and Safety FY 25 Targets 25 % Reduction in energy intensity 2 Increase in percentage of renewable energy 20 % 15 % Reduction in water consumption intensity 85 % Waste diverted from going to landfill Health and Safety assessment of all Plants and Offices 0 Zero health & safety related injuries Key ESG Initiatives/Achievements UN SDGs Climate Change Mitigation and Adaptation ~50% electricity consumption from RE sources for Airports business ~60% electricity consumption from RE sources for Data Center business 100% electricity from RE sources achieved for Mumbai International airport ~14% energy consumption from RE sources for Adani Solar Manufacturing 3% reduction 1 in scope 1 emission intensity 2 achieved by the Airports business 5% increase 1 in scope 1 emission intensity 3 by the Mining Services 12% reduction 1 in scope 2 emission intensity 3 achieved by the Mining Services 3,94,566 trees planted by mining services in H1FY 25 Water Management ~15% reduction 1 in water consumption intensity 3 achieved by Mining services Waste Management More than 99% of waste diverted from going to landfill during H1FY25. Occupational Health and Safety All operational sites assessed for health and safety. Zero employee fatality in H1FY25. Awards and Recognition Mumbai Airports received CII 25th National Award for Excellence in Energy Management on 12th Sep 2024 AdaniConneX's Al-based Safety Analytics tool was honored with Gold SKOCH ESG Award 2024. Adani Road Transport Ltd. (ARTL) has been honored with the prestigious Golden Peacock Award for Business Excellence - 2024 at IOD's 2024 UAE Global Convention. 1: Achieved in H1 FY25 as compared to H1 FY24 | 2: Per million Pax | 3: Per ton of mineral (coal + iron ore) produced | RE: Renewable Energy Home outline 3 l # Scope 1 and 2 emissions l ESG: Environmental, Social and Governance l RE: Renewable Energy l UNSDG: United Nations Sustainability Development Goals. Adani Enterprises Limited - Board of Directors and Management overview 100% Chaired by IDs IDs Statutory Committees - Audit 40% Comprised of only - Nomination & Remunerations Independent Directors - Stakeholder Relationship 100% of - Corporate Social Responsibility Statutory Committees Chaired by - Risk Management Independent Directors Non-statutory Committees - IT & Data Security 7 - Corporate Responsibility Additional Business specific committees - Mergers and Acquisition 29% - Legal, Regulatory & Tax Fully comprised of Independent Directors - Reputation Risk 100% - Commodity Price Risk Chaired by Independent Directors - Public Consumer Pathway to strengthen Corporate Governance Tenure of IDs - upto 3 years for max. 2 terms Gender Diversity - Min. 30% female directors Management Ownership - CEO and member of executive committees to have share ownership Related Party Transactions - Independent 3 rd party review & certification Training & Education - Min. 4 sessions in a year for education of IDs Board of Directors Independent Directors Vijayalaxmi Hemant Omkar Joshi Nerurkar Goswami 40+ Yrs of Experience 35+ Yrs of Experience 40+ Yrs of Experience Skill & Expertise Skill & Expertise Skill & Expertise • Economist • Corporate affairs • Business transformation • Financial planning • Regulatory & legal • Supply chain & marketing Quality control Non-Independent Directors Gautam Rajesh Pranav Adani Adani Adani Chairman Managing Director Director Skill & Expertise Skill & Expertise Skill & Expertise • Business relationship • Entrepreneurial Vison • Business relationship • Industry leader • Business Leadership • Execution V Subramanian 40+ Yrs of Experience Skill & Expertise Expert of aviation industry Business development Vinay Prakash Director Skill & Expertise Project planning & execution Leader of natural resources industry Chairman of Audit committee Chairman of Nomination and Remuneration committee; Chairperson of Corporate Responsibility committee I ID: Independent Director I NID: Non-Independent Director Home outline 4 Adani Green Energy Limited: ESG Updates 2050 Net Zero Material Topic Targets Key ESG Initiatives/Achievements Climate Change Resource conservation Committed to avoid GHG emissions through development of 50 GW RE project by 2030 Committed to adopt 65 % EV by FY 2029-30 Net Water neutral certified company for 200 MW single location plants • 10.12 Mn tons CO2 emission avoided in H1 FY25 • GHG emission reduction: 99.8% less emission intensity per unit of generation (0.0016 GHG tCO2/ MWh) in H1 FY25 v/s Indian grid average of 0.716 tCO2 / MWh • Achieved 19% target against 65% EV commitment by FY30 • Water Positive for all operating plants more than 200MW • 98.9% less Fresh Water consumption per unit of generation (0.0374 kl/MWh) in H1 FY25 as against 3.5 kl / MWh, statutory limit for thermal power Waste Management Biodiversity Social Initiatives Zero-Waste-to-Landfill (ZWL) Certified Company for 100 % of operating plants No Loss of biodiversity Committed to plant 27.86 Lac trees by FY30 0 Zero harm and Zero leak 100% ESG Evaluation of Suppliers Focus UN SDGs • 100% of AGEL's operating capacity is single-use plastic free under CII Plastic Protocol • Zero waste to landfill certified for all Operational sites • No Loss of biodiversity • Committed to plant 27.86 Lac trees by FY30 Occupational Health & Safety 1.7 Mn continuous safe man hours, 0.25 LTIFR and 80362 safety training hours in H1 FY25 Sustainable Supply Chain ESG evaluation for 100% critical and important manufacturing suppliers at the time of onboarding Engaged 91% of AGEL's manufacturing suppliers under CDP Supply Chain Management Program for FY23 Livelihood Development 4881 direct/indirect job opportunities provided in H1 FY25 Awards and Recognition • Ranked No.1 in India's Top 50 Most Sustainable Companies by BW Business World • Felicitated with "Leadership band (A)" rating award in CDP Suppliers Engagement Program • ISS ESG has ranked AGEL 1st in Asia & top 5 globally in RE sector in its ESG rating assessment • FTSEL Russell has ranked AGEL 3rd globally in alternative electricity segment • CRISIL has ranked AGEL 1st in Indian power sector in its ESG assessment for 2nd consecutive year Home outline 5 GHG: Greenhouse gases l MWh: megawatt-hour l tCO2: total carbon dioxide l CII: Confederation of Indian Industry | LTIFR: Lost Time Injury Frequency Rates l ESG: Environmental, Social and Governance Adani Green Energy Limited - Board of Directors and Management overview 100% Chaired Chaired Board of Directors IDs by by IDs NID Independent Directors Nominee Director Statutory Committees 40% - Audit Comprised of only - Nomination & Independent Directors Remunerations - Stakeholder Relationship 100% of - Corporate Social Statutory Committees Chaired by Responsibility Independent Directors - Risk Management Neera Raminder Singh Dinesh Romesh Anup Sangkaran Non-statutory 5 Committees Saggi Gujral Kanabar Sobti Shah Ratnam - IT & Data Security Additional Business specific committees 40+ Yrs of Experience 40+ Yrs of Experience 30+ Yrs of Experience 45+ Yrs of Experience 25+ Yrs of Experience 20+ Yrs of Experience - Corporate Responsibility 40% Skill & Expertise Skill & Expertise Skill & Expertise Skill & Expertise Skill & Expertise Skill & Expertise - Mergers and Acquisition Fully comprised of • Stakeholder • Risk Mgt. • Taxation • Leadership • Capital Market • Global Investments Independent Directors partnership • Financial • Business restructuring • Governance Regulation • Business acumen - Legal, Regulatory & Tax 60% • Regulatory matters management • Mergers & Acquisitions • Banking & Finance • International taxation • Industry expertise - Reputation Risk Chaired by Independent Directors Non-Independent Directors Pathway to strengthen Corporate Governance Tenure of IDs - upto 3 years for max. 2 terms Gender Diversity - Min. 30% female directors Management Ownership - CEO and member of executive committees to have share ownership Gautam Rajesh Sagar Vneet • Related Party Transactions - Independent 3 rd party review & Adani Adani Adani Jaain Executive Director certification Chairman Director Managing Director • Training & Education - Min. 4 sessions in a year for education Skill & Expertise Skill & Expertise 7+ Yrs of Experience 30+ Yrs of Experience Skill & Expertise • En

Read full article »
Annual Revenue
$10-50B
Employees
5.0-10K
Rajesh S Adani's photo - Managing Director of AEL

Managing Director

Rajesh S Adani

CEO Approval Rating

90/100

Read more