Adani Enterprises Limited
Climate Impact & Sustainability Data (2020-21, 2021-04 to 2022-03, 2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2020-21
Environmental Metrics
ESG Focus Areas
- Climate change
- Community outreach
- Sustainability
- Diversity
- Shared values
Environmental Achievements
- Planted 648,000 trees; 3,797 Ha under afforestation; 261 Ha under reclamation; maintained zero liquid discharge; 35% emission intensity reduction; 30% energy intensity reduction; 33% water intensity reduction; achieved IGBC Platinum rating for energy-efficient building
Social Achievements
- Spent ₹15 crore on CSR; Adani Foundation engaged in activities across 18 states and 2,250 villages and towns, touching more than 500,000 families; implemented four special projects (Saksham, Swachhagraha, SuPoshan and Udaan); provided quality education, health, safety, sanitation, sustainable livelihood development and infrastructure development; Adani Wilmar was certified as a Great Place to Work for the fourth consecutive year; Project Unnayan training women to become financially independent
Governance Achievements
- Established anti-bribery and anti-slavery policies; implemented Code of Conduct; established whistleblower policy; implemented POSH policy; Board with strong independence; Business Responsibility Policy; Fully Independent Audit Committee; Risk Management Policy
Climate Goals & Targets
- Become the world’s largest solar power producer by 2025 and the world’s largest renewable power company by 2030
- Expand mining business capacity by ₹8,000 crore in next three years; expand solar manufacturing capacity to 3.54 GW per annum
- Carbon neutrality by FY 2024-25; zero liquid discharge by FY 2024-25
Environmental Challenges
- COVID-19 pandemic impact on operations and demand in the first quarter; supply chain disruptions; sluggish manufacturing activity; lower consumer spending; muted core sector; low apple production due to hailstorms; challenges related to labour and skilled manpower availability
Mitigation Strategies
- Business continuity plan; strengthened liquidity management; strict adherence to government guidelines; work from home initiative; special incentive schemes for employees; provided ration kits and extended in-plant stay facility to contractual workforce; provided safety and other supports to retain labourers on construction sites; sanitised local panchayats and police stations; distributed rations and water to migrant labourers; appointed local women to fabricate masks; converted Adani Vidya Mandir school and Noida Indoor Stadium into emergency COVID-19 Care Facilities; swiftly turned Bhuj and Mundra hospitals into 100% COVID-19 care hospitals; secured a massive life-saving inventory of critical items like oxygen tanks, cylinders, generator plants, and concentrators
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Solar PV cells and modules; energy-efficient building
Awards & Recognition
- CII National Award for excellence in water management; ICC Social Impact Award for empowerment of women; ABCI Awards for excellence in communication initiatives; Greentech Safety Award in environment protection; CII National Award for Food Safety; Agribusiness Leadership Award by Agriculture Today; Procurement Excellence Award; Golden Peacock National Quality Award; National Award for Manufacturing Competitiveness; Golden Peacock HR Excellence Award; Golden Peacock National Quality Award; RE Manufacturer – Solar category at the first Green Urja Awards; Top Performer in PVEL/DNV GL 2020 PV Module Reliability Scorecard
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Transition
- Water Stewardship
- Biodiversity
- Green Transformation
- Waste Management
- Talent Development
- Diversity and Inclusion
- Health and Safety
- Human Rights
- Sustainable Supply Chain
- Community Engagement
- Board Structure and Diversity
- Business Ethics and Compliance
- Transparent Disclosures
Environmental Achievements
- Reduced absolute GHG emissions (Scope 1+2) by 12% compared to the previous year.
- Reduced absolute water consumption by 12% compared to the previous year.
- 6313 HA of mangrove afforestation and conservation.
- 97% of material used in AWL's FMCG business is recyclable.
- 8443 MT of plastic waste collected under extended producer responsibility (EPR) by AWL.
- 6 ports certified zero waste to landfill.
- 9 ports single-use plastic free.
- 100% of AGEL's operational plants are zero liquid discharge (ZLD).
- Eliminated diesel consumption in internal transfer vehicles at Kattupalli and Ennore ports, saving around 180 tCO2e/month.
Social Achievements
- 80% customer satisfaction at ATGL.
- 92% customer satisfaction at Adani airports.
- 3.7 million beneficiaries in 2,409 villages across 16 states through Adani Foundation.
- Implemented Fortune SuPoshan program addressing malnutrition and anemia, reaching 108,132 children, 85,734 adolescent girls, and 222,675 women.
Governance Achievements
- Established Corporate Responsibility Committee (CRC) with 100% independent directors to oversee ESG performance.
- All listed Adani companies aligned with relevant national and international standards/protocols (UN SDGs, UNGC, BRSR, etc.).
- Zero non-compliance cases reported against corruption, bribery, and anti-competitive behavior.
Climate Goals & Targets
- Net zero emissions across all businesses by 2050 (various companies have individual net-zero targets).
- Renewable utilities to account for 70% of EBITDA from utilities by 2025.
- No net biodiversity loss and 100% alignment with India Business Biodiversity Initiative for ATL by FY2023-24.
- No net biodiversity loss and 100% alignment with India Business Biodiversity Initiative for APL by FY2023-24.
- No net biodiversity loss and 100% alignment with India Business Biodiversity Initiative for AGEL by 2025.
- No net biodiversity loss and 100% alignment with India Business & Biodiversity Initiative for AEL by 2030.
- Achieve ACI Level 4+ for all airports by 2025.
- Water neutral for AGEL (for 200 MW+ plants) by FY2024-25.
- Water positive for ATL by achieved.
- Water positive for AEL by 2030.
- Zero waste to landfill for APSEZ by 2025.
- Zero waste to landfill for AGEL by FY2024-25.
- Zero waste to landfill for ATL (O&M business) by FY2024-25.
- Zero waste to landfill for AEL by 2030.
- Single-use plastic free for APSEZ by 2025.
- Single-use plastic free for AGEL by FY2023-24.
- Single-use plastic free for ATL by FY2022-23.
- Single-use plastic free for ATGL by 2023.
Environmental Challenges
- Climate change impacts (extreme weather events).
- Water scarcity.
- Managing waste generation.
- Maintaining high safety standards across diverse operations.
Mitigation Strategies
- Implemented energy efficiency projects and increased renewable energy share.
- Developed alternative sourcing strategies for water (desalination plants).
- Adopted 6R waste management principles (Refuse, Reduce, Reuse, Recycle, Recover, Responsible disposal).
- Established robust safety management systems and training programs.
- Developed and implemented Emergency Response and Disaster Management Plan (ERDMP).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct (SCC)
- ESG criteria assessment of suppliers
- Compliance with anti-human trafficking laws
- Use of ARIBA P2P application for procurement
- Capacity building programs for suppliers
- Encouraging supplier compliance with SA8000, ISO 14001, and ISO 45001.
Climate-Related Risks & Opportunities
Physical Risks
- Storm surges
- Cyclones
- Heavy rains
- Flooding
Transition Risks
- Regulatory changes
- Market shifts towards renewable energy
Opportunities
- Development of green hydrogen ecosystem
- Expansion of renewable energy capacity
- Development of energy-efficient products and services.
Reporting Standards
Frameworks Used: BRSR, UN SDGs, GRI, CDP, IBBI, UNGC, DJSI, TCFD
Certifications: ISO 14001, ISO 45001, ACI Airport Carbon Accreditation (ACA)
Third-party Assurance: Independent assurance by experts engaged by each business unit.
UN Sustainable Development Goals
- Goal 1 (No Poverty)
- Goal 2 (Zero Hunger)
- Goal 3 (Good Health and Well-being)
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 6 (Clean Water and Sanitation)
- Goal 7 (Affordable and Clean Energy)
- Goal 8 (Decent Work and Economic Growth)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 10 (Reduced Inequalities)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
- Goal 14 (Life Below Water)
- Goal 15 (Life On Land)
- Goal 17 (Partnerships for the Goals)
Adani businesses have aligned their operations with various UN SDGs through various initiatives (detailed in the report).
Sustainable Products & Innovation
- Green hydrogen
- Solar modules
- Wind turbines
- Recyclable packaging materials
Awards & Recognition
- Numerous awards and recognitions received by various Adani companies (detailed in the report).
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy Management
- Water Stewardship
- Waste Management
- Biodiversity
- Human Rights
- Employee Well-being
- Supply Chain Sustainability
- Governance
Environmental Achievements
- 26% Reduction in Energy Intensity (Per Rupee of Turnover)
- 55% Reduction in Emission Intensity (Per Rupee of Turnover)
- 28% Reduction in Water Intensity (Per Rupee of Turnover)
- 13% Share of Renewable Energy
- 82% Waste avoided from going to landfill
- 13 lakh Trees planted
- 2,03,519 KL of treated waste water used for landscaping
- Majority of sites certified for EMS (ISO 14001: 2015)
Social Achievements
- 63% Increase in women employees on Company’s payroll (as compared to FY 2021-22)
- ~67% Employees covered under skill upgradation trainings
- 12% Average increase in employee remuneration (excluding KMPs)
- 100% Sites assessed on health and safety
- 72% Employees covered under Human Rights Training
- 35% Procurement from MSMEs
- ₹17.75 crore Spent on CSR
Governance Achievements
- 5 Independent Directors on the Board
- Zero Complaints on ethics and integrity
- Zero Instances of corruption, bribery or anti-competitive behaviour
- 9 Committees chaired by Independent Directors
- 95 percentile Global score (S&P Global CSA)
- Zero Complaints related to breach of data security and cyber security
- Zero Complaints on sexual harassment or workplace discrimination
- B Score received in CDP for taking coordinated action on climate issues
- 100% Board of Directors’ training on ESG
Climate Goals & Targets
- Exceed India’s NDC commitment of 45% Emissions intensity reduction
- 15% Emission Intensity Reduction by FY 2027-28 for Mining Services
- 15% Energy Intensity Reduction by FY 2027-28 for Mining Services
- Planting 9+ million trees by FY 2029-30 for Mining Services
- Achieve ACA Level 4+ at all airports by 2025
- Operational Net Zero (Scope 1 & Scope 2) by 2030 for Data Center and Airports
Environmental Challenges
- Geopolitical contestation of strategic resources
- Natural disasters and extreme weather events
- Failure to mitigate climate change
- Climate change adaptation failure
- Social cohesion erosion
- Misinformation and disinformation
- Energy price volatility
- Collapse of a systemically important industry or supply chain
- Data theft
Mitigation Strategies
- Strengthening partnerships with companies in different technology ecosystems
- Continuously assessing climate risks and developing appropriate action plans
- Investing in renewable energy sources, energy efficiency measures, and low-carbon technologies
- Integrating climate considerations into strategies and targets
- Promoting diversity, inclusion, and social responsibility
- Implementing proactive monitoring to detect and analyse false narratives
- Expanding renewable energy portfolio, optimising operational efficiency, and adopting advanced technologies
- Closely monitoring the health and stability of industry and supply chain partners
- Implementing robust cyber security measures
Supply Chain Management
Supplier Audits: 100% of suppliers screened on ESG and other parameters through ARIBA portal
Responsible Procurement
- Supplier Code of Conduct
- Sustainability-based vendor ranking system
Climate-Related Risks & Opportunities
Physical Risks
- Chronic heat
- Flooding
- Exceptional drought
- Precipitation
Transition Risks
- Stringent energy and emission related laws and regulations
- Increased regulatory scrutiny
- Reputational damage
- Supply chain disruptions
Opportunities
- Renewable energy transition
- Development of deep decarbonisation technologies
Reporting Standards
Frameworks Used: GRI Standards, UNGC, TCFD, BRSR (SEBI), WEF-ESG
Certifications: ISO 14001:2015, ISO 45001, ISO 27001
Third-party Assurance: Intertek India Pvt. Ltd.
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 4
- Goal 5
- Goal 6
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 11
- Goal 12
- Goal 13
- Goal 14
- Goal 15
- Goal 16
- Goal 17
CSR initiatives aligned with UN SDGs
Sustainable Products & Innovation
- Green hydrogen
- Solar modules
- Wind turbines
Awards & Recognition
- Sustainable Mining award from FIMI
- Golden Peacock Eco-Innovation Award
- Greentech Award 2022
- Apex India Green Leaf Award
- HSE Excellence Award
- Gold Award for 5S in QCFI
- Excellence Award in Kaizen
- British Safety Council – Five Star Rating & Sword of Honour
- CII Award in SHE Excellence & Innovation
- NSCI Awards – ‘Suraksha Purushkar’ and ‘Prashansha Patra’
- FAME India Platinum Award
- OHSSAI Annual HSE Excellence & Sustainability Awards - Gold Rating
- OHSSAI Road Safety Award – Gold Rating
- India HSE Summit & Awards – HSE Excellence
- Greentech Safety Award
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- Energy and Emissions Management
- Human Rights
- Employee Health, Safety and Wellbeing
- Governance and Risk Management
- Community Development
- Biodiversity and Land Use
- Circular economy and waste management
- Water management
Environmental Achievements
- 32% Reduction in energy intensity
- 26% Reduction in emission intensity
- 57% Reduction in water consumption intensity
- 99% Waste managed through to reuse, recycle and recovery
- More than 0.6 million Trees Planted
- Majority of Sites Certified for EMS (ISO 14001:2015)
Social Achievements
- 7,176 Number of Employees
- 9% Women employees
- 3,83,918 Hours of Training Provided
- ` 26.06 Cr Contribution to CSR activities
- 1,300 Students have access to free education at Surguja and Guwahati schools
Governance Achievements
- Implemented ISO 37001 Anti-Bribery Management System
- Assessed 100% of critical suppliers (Tier 1) for ESG risks and provided ESG training to domestic suppliers
Climate Goals & Targets
- Net zero emissions by 2050 (for several portfolio companies)
- Achieve Operational Net Zero status by 2029
- Achieve ACA Level 4+ certification for all airports by 2025
- Transition to 100% green electricity for all airports by FY26
- Transition of 100% of airport-owned fossil fuel vehicles to EVs by FY26
- 15% reduction in emission intensity by FY 2027-28
- 15% reduction in energy intensity by FY 2027-28
- 25% Reduction in operational emission intensity by FY 2024-25
- 25% Reduction in emissions intensity by FY 2024-25
- 20% renewable energy in total energy mix by FY 2024-25
- 15% reduction in water intensity by FY 2024-25
- 85% waste diverted away from landfill by FY 2024-25
Environmental Challenges
- Rising temperatures leading to increased intensity of storms, floods, and droughts
- Insufficient action to address climate change impacts
- Inadequate measures and policies to adapt to climate change impacts
- Factors like social unrest, cultural conflicts, inequality, and polarisation impacting businesses
- Spread of false or misleading information impacting reputation, trust, and market share
- Competition between states for control of resources
- Fluctuations in energy prices
- Breakdown of interdependent networks
- Unauthorised access, acquisition, or disclosure of sensitive information
- Exchange rate fluctuations, interest rate movements & commodity price changes
- Nonadherence to business ethics and integrity related compliance
- Management of best labor practices for ensuring labor welfare and compliance
Mitigation Strategies
- Continuously assess climate risks and develop action plans, integrate climate risks into risk management framework
- Invest in renewable energy, energy efficiency, and low-carbon technologies, disclose climate-related risks and opportunities
- Integrate climate considerations into strategies and targets, implement climate resilience measures, collaborate with stakeholders
- Proactively address societal cohesion risk by promoting diversity, inclusion, and social responsibility, engage with stakeholders
- Proactive monitoring to detect and analyse false narratives, transparent communication, partnerships with trusted organisations
- Strengthen partnerships with diverse technology ecosystem companies, invest in indigenous manufacturing
- Expand renewable energy portfolio, optimise operational efficiency, adopt advanced technologies, market intelligence and scenario planning
- Monitor industry and supply chain partners, diversify sourcing strategies, establish contingency plans, collaborate with stakeholders and exploration of in-house end-to-end integrated manufacturing system
- Implement robust cybersecurity measures, regular security audits and vulnerability assessments, employee training and awareness programmes, data backup and recovery systems
- Use of derivative financial instruments as hedging mechanism based on the management direction and Treasury SOP laid down under Risk Management Framework
- Our commitment to personal and collective integrity, gender respect, maintaining a zero-tolerance policy for sexual harassment, ethical transgressions, ensuring fair recruitment, unbiased performance evaluations and abiding by the laws of the countries
- Implementation of robust Contract Labor Management System & Grievance redressal process which will provide assurances to labor compliances in every aspect
Supply Chain Management
Supplier Audits: 100% of critical suppliers (Tier 1)
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- extreme weather, flooding
- drought
- heat
Transition Risks
- regulatory changes, market shifts
Opportunities
- development of energy-efficient products
- green hydrogen
Reporting Standards
Frameworks Used: IIRC’s
Certifications: ISO 14001
UN Sustainable Development Goals
- SDG 1, 2, 3, 4, 5, 6, 7, 8, 9, 11, 13, 14 and 15
Awards & Recognition
- Frost & Sullivan Company of the Year 2023
- Best Performing Module Award by Solar Quarter
- Vertically Integrated Solar Module Company of the Year Award by EQ
- Golden Peacock Business Excellence Award
- CII National Award for Environmental Best Practices 2023
- Most Innovative Project Award
- MQH Best Practices Trophy
- Par Excellence Awards
- Greentech Environment 2023’ awards
- India Cargo Awards
- ACI Customer Experience (CX) Accreditation
- SEEM Gold award and Silver
- QCFI awards
- Indian Fresh Produce Industry Excellence Award