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Adani Ports Gets 'A' Rating For Emission Reduction, Climate Initiatives

Adani Ports Gets 'A' Rating For Emission Reduction, Climate Initiatives

NDTV
Friday, June 14, 2024 02:12:38 PM UTC

In its latest assessment, Sustainalytics also upgraded Adani Ports' environmental, social and governance (ESG) performance.

The Adani Ports and Special Economic Zone (APSEZ) has been recognized by Carbon Disclosure Project (CDP), a global non-profit, for its exceptional efforts in tackling climate change and implementing best practices across its supply chain through a robust engagement program, the company said in a statement on Friday.

The award was presented at the 'Climate Action in India: Role of Businesses & Supply Chain' ceremony, co-hosted by the Federation of Indian Chambers of Commerce & Industry (FICCI) in New Delhi.

"The company received the highest rating of "A" for its initiatives in emission reduction, climate governance, supplier engagement, scope 3 emissions and risk management processes. Notably, only a handful of companies make it to the leadership band in both climate change and supply chain engagement every year," the statement said.

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