Climate Change Data

Adani Portfolio

Climate Impact & Sustainability Data (2024-02)

Reporting Period: 2024-02

Environmental Metrics

ESG Focus Areas

  • Climate Change Mitigation and Adaptation
  • Water Management
  • Waste Management
  • Occupational Health and Safety
  • Biodiversity
  • Community Development
  • Circular Economy

Environmental Achievements

  • 86% Waste diverted from going to landfill (Adani Enterprises)
  • 35% reduction in energy intensity achieved in 9M of FY24 (Adani Enterprises)
  • 54% reduction in emission intensity achieved in 9M of FY24 (Adani Enterprises)
  • 9% reduction in emission intensity achieved by the Mining Services (Adani Enterprises)
  • 25% reduction in emission intensity achieved by the Airports business (Adani Enterprises)
  • ~57% electricity consumption from RE sources at Airports business (Adani Enterprises)
  • ~14.3% electricity consumption from RE sources at Adani Solar Manufacturing Business facilities (Adani Enterprises)
  • 45% reduction in water consumption intensity achieved in 9M of FY24 (Adani Enterprises)
  • ~8% reduction in water consumption intensity achieved by Mining services (Adani Enterprises)
  • ~6% reduction in water consumption intensity achieved by Airports business (Adani Enterprises)
  • 99% waste diverted from going to landfill during 9M of FY24 (Adani Enterprises)
  • 11.63 Mn ton CO2 emission avoided in 9M FY24 (Adani Green Energy)
  • GHG emission reduction: 99.8% less emission intensity per unit of generation (0.0015GHG tCO2 / MWh) in 9M FY24 v/s Indian grid average of 0.71 tCO2 / MWh (Adani Green Energy)
  • 99.44% less Fresh Water consumption per unit of generation (0.016 kl/MWh) in H1 FY24 as against 3.5 kl / MWh, statutory limit for thermal power (Adani Green Energy)
  • Zero waste to landfill certified for all Operational sites (Adani Green Energy)
  • Water Positive for all operating plants more than 200MW (Adani Green Energy)
  • FY23 GHG emission intensity @ AEML = 38.32% < FY19 baseline (Adani Energy Solutions)
  • 34.83% renewable in power mix procured FY24Q3 (Adani Energy Solutions)
  • Net Water Positive” Company for 100% of its assets under O&M Business (Adani Energy Solutions)
  • AESL retains Zero Waste to Landfill status during 1st Surveillance assessment (Adani Energy Solutions)
  • 36% reduction in hazardous waste generation for FY 23 as compared to FY 22 (Adani Energy Solutions)
  • Reduction in GHG emission intensity to 0.84 tCO2e/MWh by FY 2025 (Adani Power)
  • Average Emission intensity -0.85tCO2e/MWh (Adani Power)
  • The Water Intensity performance is 2.25m3/MWh YTD (uptoQ3)FY24 which is 36.1% lower than Statuary limit for Hinterland plants (3.50 m3/MWh) & 10.54% lower than stretched internal target of 2.50 m3/MWh (Adani Power)
  • APL achieved ash utilization of 87% YTD (uptoQ3)FY24 (Adani Power)
  • 07 out of 09 APL operating locations certified with SUP Free certification (Adani Power)
  • 100% Decarbonization of Fleets (Adani Total Gas)
  • Installed 28kW of solar capacity (Adani Total Gas)
  • 50% Reduction in energy intensity (Adani Ports)
  • 51% Reduction in emission intensity (Adani Ports)
  • 59% water consumption intensity reduction achieved by 9MFY24 (Adani Ports)
  • Six sites certified with ZWL and the remaining six will be done by FY25 (Adani Ports)
  • Net specific CO2 emissions* 519 kg /t of cementitious materials (Ambuja Cement)
  • Consumed 6.5 million tons of waste derived resources (Ambuja Cement)
  • Fresh water consumption –40 liter/ton of cementitious material (Ambuja Cement)
  • Net specific CO2 emissions* 481 kg /t of cementitious materials (ACC)
  • Consumed 9.4 million tons of waste derived resources (ACC)
  • Fresh water consumption –103 liter/ton of cementitious material (ACC)
  • Successful solar power implementation at 8 plants out of 23 own units (Adani Wilmar)
  • ZLD installed at 9 major plants (Adani Wilmar)
  • Traceability :Over 90% of palm oil Traceable upto Mills in Q3’FY24 (Adani Wilmar)
  • ~98% of packaging is recyclable (Adani Wilmar)

Social Achievements

  • Zero fatalities in 9M of FY24 (Adani Enterprises)
  • Mangaluru International Airport (MIA) has been adjudged the best airport in the “under 5 million passenger category” at Wings India 2024 (Adani Enterprises)
  • 4.39 Mn continuous safe man hours in 9M FY24 (Adani Green Energy)
  • 0.53 LTIFR and 1,09,082 safety training hours in 9M FY24 (Adani Green Energy)
  • Maintaining ESG evaluation for 100% critical suppliers (Adani Green Energy)
  • Engaged 91% of AGEL’s manufacturing suppliers under CDP Supply Chain Management Program (Adani Green Energy)
  • 1,848 direct/indirect job opportunities provided in 9M FY24 (Adani Green Energy)
  • 0 Fatalities, 2,696 Lost time Injury, 0 Minor accidents, 3,296 Near Miss Cases, 16,884 (Unsafe Act+ Unsafe Condition+ LSSR Violation) (Adani Energy Solutions)
  • 99.4% of consumer complaints resolved in FY 23 (Adani Energy Solutions)
  • 7.3 million direct and indirect beneficiaries of our social initiatives (Adani Energy Solutions)
  • 2,25,789 person -hours of training achieved during FY 23 (Adani Energy Solutions)
  • All Plants and Offices assessed on working conditions and health and safety (Adani Power)
  • Zero health and safety related injuries (Adani Power)
  • All Plants and Offices assessed on working conditions and health and safety (Adani Total Gas)
  • Zero Fatality (Adani Total Gas)
  • ATGL is awarded with Climate Action Programme (CAP) -Committed category for commitment towards Climate change initiatives (Adani Total Gas)
  • ATGL Won “Golden Peacock Award for HR Excellence” award 2023 for its HR best practices (Adani Total Gas)
  • 4,217 Ha mangrove afforestation completed till date (Adani Ports)
  • 1,183 Ha terrestrial plantation completed till date (Adani Ports)
  • Zero Fatalities in 9M FY24 (Ambuja Cement)
  • CSR beneficiaries –>2.5 million (cumulative) (Ambuja Cement)
  • Zero Fatalities in 9M FY24 (ACC)
  • CSR beneficiaries –>1.1 million (cumulative) (ACC)

Governance Achievements

  • 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 3rd party review & certification – Training & Education – Min. 4 sessions a year for education of IDs (Adani Enterprises, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas, Adani Ports, Ambuja Cement, Adani Wilmar)
  • 100% IDs Chaired by IDs (Adani Enterprises, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas, Adani Ports, Ambuja Cement, Adani Wilmar)
  • 40% Comprised of only Independent Directors (Adani Enterprises, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas, Adani Ports, Ambuja Cement, Adani Wilmar)
  • 100% of Statutory Committees Chaired by Independent Directors (Adani Enterprises, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas, Adani Ports, Ambuja Cement, Adani Wilmar)

Climate Goals & Targets

Long-term Goals:
  • Adani Portfolios path to Net Zero will require eventual adoption of green hydrogen or its derivatives (Adani Group)
Medium-term Goals:
  • Achieve 70% reduction in GHG emission intensity [tCO2e/ EBITDA] by FY30 (Adani Energy Solutions)
  • Achieve Zero Waste to Landfill (ZWL) across all operational sites by FY 25 (Adani Energy Solutions)
  • “Net Water Positive” Company for 100% of its assets under O&M Business (Adani Energy Solutions)
  • Renewable energy share in power procurement –60% by FY27 (Adani Energy Solutions)
  • Single -use-Plastic -Free ( SuPF ) Certified Company for 100% of operating locations by 2023 -24 (Adani Power)
  • Explore Net carbon Neutral possibilities and public disclosures by 2023 -24 (Adani Power)
  • Committed to avoid GHG emissions through development of 45 GW RE project by 2030 (Adani Green Energy)
  • Committed to adopt 65% EV by FY 2029 -30 (Adani Green Energy)
  • Targeting to become Net-Zero by 2040 (Adani Ports)
Short-term Goals:
  • Zero health and safety related injuries (Adani Enterprises, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas)
  • Increase in percentage of renewable energy 20% (Adani Enterprises)
  • Reduction in energy intensity (Adani Enterprises)
  • Reduction in water consumption intensity 15% (Adani Enterprises)
  • Installation of 1.2 MW rooftop solar plants by 2024 (Adani Total Gas)
  • 5 sites with Zero waste to landfill Certification (Adani Total Gas)
  • 'Zero’ Lost Time Injury Frequency ( LTIFR ) (Adani Total Gas)
  • Planting 2.7 lacs trees (Adani Total Gas)
  • Reduction emission intensity 60% (Adani Ports)
  • Water consumption intensity reduction 60% (Adani Ports)
  • Zero waste to landfill (Adani Ports)
  • Afforestation - Mangrove –5,000 ha (Adani Ports)
  • Terrestrial –1,200 ha (Adani Ports)
  • Use 21million tons of waste derived resources per year (Ambuja Cement)
  • Fresh water consumption 62 liter / ton of Cementitious material (Ambuja Cement)
  • 3.5million beneficiaries (Ambuja Cement)
  • Use 30 million tons of waste derived resources per year (ACC)
  • 5X Water Positive (ACC)
  • 3.5 million beneficiaries (ACC)

Environmental Challenges

  • Adoption of energy storage technologies such as batteries to achieve round the clock green electricity can be expensive (Adani Group)
  • Green hydrogen will provide a viable option as costs come down (Adani Group)
Mitigation Strategies
  • Developing one of the world’s most ambitious green hydrogen ecosystems supported by a fully integrated value chain in one singe location including: •10 GW poly -silicon to module manufacturing capacity with supporting ancillaries; •5 GW wind turbine manufacturing capacity; •5 GW electrolyzer manufacturing capacity; •In-house end to end EPC capabilities; •Production of Green H2, Green ammonia and other derivatives with port infrastructure. (Adani Group)

Supply Chain Management

Responsible Procurement
  • Maintaining ESG evaluation for 100% critical suppliers (Adani Green Energy)
  • Engaged 91% of AGEL’s manufacturing suppliers under CDP Supply Chain Management Program (Adani Green Energy)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, UNGC, CDP, DJSI, MSCI, SBTi

Certifications: Net Water neutral, Zero Waste to Landfill, SUP Free, RSPO

Awards & Recognition

  • Mangaluru International Airport (MIA) has been adjudged the best airport in the “under 5 million passenger category” at Wings India 2024 (Adani Enterprises)
  • ATGL is awarded with Climate Action Programme (CAP) -Committed category for commitment towards Climate change initiatives (Adani Total Gas)
  • ATGL Won “Golden Peacock Award for HR Excellence” award 2023 for its HR best practices (Adani Total Gas)