Adani Power Achieves '65' Score in NSE Sustainability Ratings for Outstanding ESG Performance and Industry Leadership

Adani Power Ltd has achieved significant recognition for its Environmental, Social, and Governance (ESG) initiatives, receiving a score of '65' from NSE Sustainability Ratings and Analytics Limited, placing it in the "Aspiring" category.

Ahmedabad:

In a significant acknowledgment of its dedication to ESG principles, Adani Power Ltd announced on Tuesday that NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Ltd within the National Stock Exchange of India (NSE) group, has evaluated the company based on publicly accessible information and awarded it a score of '65', positioning it in the "Aspiring" category.

Notably, Adani Power has secured a higher ranking than all other major thermal, mixed fuel, and integrated energy companies in similar evaluations, demonstrating its strategic commitment to sustainable growth alongside responsible business practices.

The company's persistent focus on comprehensive ESG initiatives and operational excellence continues to be measured against premier industry standards.

As India's largest private sector power generator, Adani Power has implemented cutting-edge emission management technologies, including 'Ultra Super Critical' boilers, to further diminish its carbon footprint, while also investing in continuous monitoring and corrective systems.

Beyond energy efficiency measures, the company has prioritized water conservation through the implementation of a zero liquid discharge system, ensuring minimal impact on local water resources.

The Adani Group company has also broadened its community development programs, with emphasis on education, healthcare, and skill-building initiatives for surrounding communities.

Programs such as scholarships for underprivileged students, health camps, and livelihood enhancement projects highlight Adani Power's commitment to inclusive growth.

The company also places strong emphasis on workforce well-being, safety training, and promoting diversity and inclusion across all its operational sites.

Regarding governance, Adani Power exceeds the minimum regulatory requirements. The percentage of independent directors in its Nomination and Remuneration Committee surpasses compliance requirements.

Similarly, the Audit Committee's independent director representation exceeds statutory guidelines, and the Risk Management Committee's composition surpasses the required threshold of independent directors.

The company has also implemented stringent supplier and contractor ESG standards, ensuring responsible practices throughout its value chain.

Through these comprehensive initiatives, Adani Power continues to establish new benchmarks for responsible and sustainable business practices in the energy sector.

Adani Power maintains an installed thermal power capacity of 18,110 MW distributed across 12 power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, in addition to a 40 MW solar power plant in Gujarat.

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