Climate Change Data

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

Long-term Goals:
  • Become the world’s largest solar power producer by 2025 and the world’s largest renewable power company by 2030
Medium-term Goals:
  • Expand mining business capacity by ₹8,000 crore in next three years; expand solar manufacturing capacity to 3.54 GW per annum
Short-term Goals:
  • 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

Total Carbon Emissions:53 million tCO2e/year (Scope 1+2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

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

Long-term Goals:
  • Net zero emissions across all businesses by 2050 (various companies have individual net-zero targets).
Medium-term Goals:
  • 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.
Short-term Goals:
  • 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

Scope 1 Emissions:7,87,145 tCO2e/year
Scope 2 Emissions:1,67,163 tCO2e/year
Renewable Energy Share:13%
Total Energy Consumption:41,60,139 GJ/year
Water Consumption:73,17,545 KL/year
Waste Generated:1,41,684 tons/year
Carbon Intensity:53 tCO2e/₹ turnover (Scope 1 & 2)

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

Long-term Goals:
  • Exceed India’s NDC commitment of 45% Emissions intensity reduction
Medium-term Goals:
  • 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
Short-term Goals:
  • 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

Renewable Energy Share:12%

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

Long-term Goals:
  • Net zero emissions by 2050 (for several portfolio companies)
Medium-term Goals:
  • 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
Short-term Goals:
  • 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 Framework, GRI standards, UN SDGs

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