Adani Ports and Special Economic Zone Limited
Climate Impact & Sustainability Data (2016-04 to 2017-03, 2018-04 to 2019-03, 2024)
Reporting Period: 2016-04 to 2017-03
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Scope 1 emissions were reduced by 41% over 2015-16 at Mundra & Hazira
- Utilized 1.5MW of solar energy and installed 6 MW of Wind energy plant
- Introduced new processes for waste management and waste to energy conversion
- 44 tonne paper was saved since February 2016
- 35% reduction in energy consumption at two ports (Mundra & Hazira) over last year
- 2,823 hectare of Mangrove afforestation (till Oct 2016)
- 573 hectare Green carpet area developed across all the ports
Social Achievements
- Strengthened the stakeholder engagement process in terms of reaching out to a large number of stakeholders, methodology used and amount of responses received
- Conducted the impact assessment survey for our CSR initiatives
- Grievance Management System becomes operational on the website of Adani Ports
- Partnered with Navchetan Vidyalaya in Hazira, boosting enrolment of female students by 50%
- Set up Mobile Healthcare Units (MHUs) that have provided timely and quality healthcare services to nearly 70,000 patients
- Established the Adani Skill development centre to bring world-class skill training programs to empower the Indian youth
- Refurbished shelters, built toilets and provided safe and clean drinking water facilities to the local communities
Governance Achievements
- Became a member of the UN Global Compact
- Implemented Grievance Management System and has in place systems like whistle blower policy
Climate Goals & Targets
- Net zero emissions
- Achieve zero waste port by reducing waste generation & utilizing the waste generated more efficiently
- Strengthen the stakeholder engagement process by implementing materiality processes at all the ports
- Reduce water consumption
- Increase renewable energy consumption to 12 MW
Environmental Challenges
- Loss of two lives in 2016
- Global economic slowdown and increasing trade protectionism
Mitigation Strategies
- Working on better Health and Safety monitoring and reporting procedures, and devising various training programs and policies to safeguard our employees at work
- Strategy of becoming an end-to-end logistics solutions provider
- Ramped up efforts to diversify cargo mix and increase container volumes in order to offset declining coal imports and reduce dependence on a single cargo type
Supply Chain Management
Supplier Audits: Performance evaluation of 31 "A" category suppliers
Responsible Procurement
- Vendor relationship management (VRM) involving vendor identification, performance management, and issue management
- Screening of new suppliers on social and environmental criteria
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards: Core Option
Certifications: ISO 14001 (Mundra and Hazira Ports)
Third-party Assurance: BSI (British Standards Institution)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- International School Award by British council
Reporting Period: 2018-04 to 2019-03
Environmental Metrics
ESG Focus Areas
- Health & Safety
- Climate Change & Energy
- Water & Effluents
Environmental Achievements
- Reduced energy intensity by 32%
- Reduced GHG intensity (Scope 1 + Scope 2) by 22%
- Avoided 12,038 tCO2e GHG emissions through renewable energy projects
- Reduced water intensity by 10%
- 97% waste managed following the 5R principle
- Avoided 72% freshwater withdrawal by sourcing seawater & industrial wastewater
- 2,889 Ha Mangrove Conservation
- 750 Ha Terrestrial Plantation
- Mundra site awarded Zero Waste to Landfill Certification
Social Achievements
- Reduced Recordable Work Related Injury Rate by 21% to 0.23
- ₹ 90.40 Cr. CSR Investment
- 70% procurement from India
Governance Achievements
- No breaches of the Code of Conduct
- No cases of corruption
Climate Goals & Targets
- Become a green port
- 20% increase in Clean Energy Share by 2025
- Reduce water consumption by 1%
- Source 80% of water from industrial wastewater and seawater
- Reuse 100% treated wastewater
- Reduce energy intensity by 50%
- Reduce GHG intensity (Scope 1 & Scope 2) by 40%
- 35 MW Renewable Energy Projects
- No Fatality, Zero Safety Rule Violation, 100% Ports achieve Level 4 of Adani’s Safety Management System
Environmental Challenges
- One fatal accident at Hazira Port due to safety protocol violation
- Potential climate-related risks (extreme weather, sea-level rise)
- Limited freshwater resources in four port locations
- Challenges in achieving Zero Waste to Landfill at some ports due to infrastructure and legal limitations
Mitigation Strategies
- Deep reflection on how to avoid future safety incidents
- Evaluating financial implications of physical climate change and seeking expert advice
- Using treated wastewater and reducing freshwater withdrawal (72% freshwater withdrawal avoided cumulatively)
- Institutionalizing mechanisms to manage waste effectively
- Investing in renewable energy projects (aiming for 20% renewable energy by 2025)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- 70% of total procurement expenditure from India
- Vendor Relationship Management (VRM) involving vendor identification & on-boarding, vendor performance management and vendor issue management
- Suppliers are assessed periodically on Sustainability performance- legal compliances, operations/ quality compliances, SHE compliances through Supplier Information Management System
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Sea level rise
Transition Risks
- Stringent government regulations on environmental impacts
- Decline in cargo flows of mineral oil products and fossil fuels
Opportunities
- Increased flow of green products
- Cost savings from switching to cleaner fuel
Reporting Standards
Frameworks Used: GRI Standards: Comprehensive Option, UNGC, SEBI’s BRR, SDGs, IBBI
Certifications: ISO 14001:2018, ISO 9001:2015, OHSAS 18001:2007, ISO 28000:2007
Third-party Assurance: Ernst & Young Associates LLP
Awards & Recognition
- Golden Peacock Award 2018 (Environmental Management)
- Natural Capital Award 2018 (Zero Waste to Landfill)
- Gujarat State CSR Awards 2017-18 (Sustainable and Impactful CSR Project)
- OHSAI Award (Safety Management)
- EKDKN Award – Gold Category (Environmental Management)
- EKDKN Award – Platinum Category (Energy Conservation)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced energy intensity by 51% from the base year through electrification of equipment and energy efficiency measures.
- Forested 4240 hectares of mangroves and conserved 2915 hectares.
- Achieved a 50% decrease in energy intensity from the FY 2016 baseline.
Social Achievements
- Not disclosed
Governance Achievements
- Established a robust climate governance framework with Board oversight, risk management, and reporting mechanisms.
- Implemented an internal carbon pricing mechanism of US$20 per metric ton of CO2e.
Climate Goals & Targets
- Net-zero emissions by 2040.
- Net-positive impact on biodiversity by 2050.
- No net deforestation by 2050.
- Achieve SBTi near-term target for FY 2034.
- Reduce emissions intensity by 60% by FY 2025 (baseline: FY 2016).
- Carbon neutrality of port business by 2025.
- Reduce dependence on shared water resources to <20% by 2025.
- Reduce energy intensity of revenue by 50% from FY 2016 baseline by 2025.
Environmental Challenges
- Supply chain disruptions due to climate events (droughts, floods, cyclones, sea-level rise).
- High capital cost for shore power infrastructure.
- High electricity price for shore power compared to marine fuel.
- Lack of port emission control regulations to incentivize shore power development.
- Restrictions on renewable power plant installations due to Gujarat State laws.
Mitigation Strategies
- Comprehensive climate vulnerability assessments and resilience strategies.
- Investing in renewable energy installations (1000 MW target).
- Electrification of equipment (cranes, ITVs).
- Internal carbon pricing mechanism.
- Exploring alternative sourcing strategies for water.
- Developing adaptation plans for ports.
- Enhancing insurance coverage.
- Collaborating with OEMs for low-carbon solutions.
- Shifting ceramics transportation from road to rail.
- Piloting hydrogen-based tugs and other low-carbon fuel options.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Prioritizing low-carbon products and services in procurement decisions.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (cyclones, floods, storm surges), sea-level rise.
Transition Risks
- Regulatory changes (carbon pricing), market shifts (demand for green fuels), technology risks.
Opportunities
- Providing green fuel bunkering, onshore renewable power supply, and waste recycling services to ships.
- Developing green hydrogen ecosystem.
Reporting Standards
Frameworks Used: TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 1
- SDG 8
- SDG 9
- SDG 13
- SDG 14
Port operations contribute to economic growth, infrastructure development, climate action, and sustainable ocean resource use.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Leadership band in CDP Climate Assessment FY 2023
- First rank in environmental dimension among 324 companies in the transport and transport infrastructure sector by S&P Global CSA 2023 (DJSI)
- Top rank in the marine ports sector for low-carbon transition rating by Sustainalytics
- Advanced rating in Moody's Energy Transition Rating