Adani Ports & Special Economic Zone Ltd (APSEZ) celebrated World Environment Day on Thursday with a major sustainability accomplishment, announcing that 12 of its major ports have received the Zero Waste to Landfill (ZWL) certification. This is a huge step toward environmental stewardship.
This accomplishment demonstrates APSEZ’s steadfast dedication to environmentally responsible practices and sustainable operations.
The program demonstrates APSEZ’s proactive strategy for handling waste of all kinds and reducing its input to landfills. About 300 tons of plastic garbage, or the weight of about 100 elephants, have been effectively recycled, reused, or repurposed by the company in the last year, according to the Adani Group’s flagship business.
APSEZ has set the lofty goal of achieving Net Zero emissions by 2040 as part of its larger sustainability agenda. In keeping with its commitment to clean energy and climate action, the corporation has already put 225 MW of renewable energy capacity into service.
At the same time, APSEZ is dedicated to putting nature-based climate mitigation strategies into practice. The company has successfully preserved 2,915 hectares of mangroves and planted 4,240 hectares of mangroves, which serve as carbon sinks and protect nearby populations from severe weather.
The international community has taken notice of APSEZ’s activities. In the 2024 S&P Global Corporate Sustainability Assessment (CSA), APSEZ ranked first in the Environment category for the second year in a row.
With a score of 68 out of 100, up three points from the previous year, the company placed in the 97th percentile of its industry and among the top 10 worldwide transportation and infrastructure firms in terms of total ESG rating.
Additionally, CDP recognized APSEZ by giving it a “A-” rating in its 2024 assessments of water security and climate change.
Notably, this is the company’s first foray into the water security leadership band.
Additionally, Sustainalytics confirmed APSEZ’s dominance in the port industry by giving it the highest low carbon transition grade, which shows that the company’s anticipated greenhouse gas emissions are in line with the worldwide net zero goal.
APSEZ is ranked among the top ten marine ports in the industry with a low-risk rating of 13.7 on Sustainalytics’ overall ESG risk scale.
Because of its excellent ESG performance, the company has been included in the Nifty 100 ESG Index and has been granted a “Prime” rating by ISS ESG, which qualifies its bond and equity securities for use in responsible investing portfolios.
With the goal of reaching net-zero emissions for the Cluster by 2050, the Adani Mundra Cluster, which consists of APSEZ Mundra Port, Adani New Industries Ltd., and Ambuja Cements Ltd., has joined the World Economic Forum’s “Transitioning Industrial Clusters” initiative in a joint drive toward industrial decarbonization.
“APSEZ’s accomplishments serve as a potent reminder of the impact that committed corporate action can have on the planet as the world observes Environment Day,” the company stated.
The business is still advocating for the worldwide movement to #BeatPlasticPollution, encouraging communities and stakeholders to work together to create a cleaner, greener future.
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