1.jpg)
1.jpg&description=Adani Ports strengthens ESG leadership, gains global recognition for climate initiatives){kind=link}
Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has been recognised by CDP (formerly the Carbon Disclosure Project) for its exceptional efforts in tackling climate change and implementing best Environmental, Social and Governance (ESG) practices across its supply chain through a robust engagement programme.
The global non-profit organisation assigned APSEZ a leadership band "A-" in both climate change and supplier engagement.
The Adani Group company received the highest rating of "A" for its initiatives in emission reduction, climate governance, supplier engagement, Scope 3 emissions and risk management processes.
"At APSEZ, we remain resolute in our commitment to sustainability, with concerted efforts to reduce carbon emissions. We are pleased with the continuous improvement in our ESG performance and the 'climate leadership position' assigned by multiple ESG rating agencies," said Ashwini Gupta, Chief Executive Officer, APSEZ.
"We are now working on net zero commitment by 2040 through renewable capacity deployment and greening of transportation," he added.
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 the national capital.
Meanwhile, with a score of 11.3, APSEZ is now a notch away from being categorised as a company with negligible ESG risks (score band of 0-10) by Sustainalytics.
Of the 16,215 companies rated by Sustainalytics globally, APSEZ has a 95 percentile score, the company said.
Furthermore, APSEZ managed to maintain its position as the top-ranked company in the low-carbon transition rating within the port sector. Globally, APSEZ stands in the 96th percentile in the S&P Global Corporate Sustainability Assessment (CSA) 2023, ranking among the top 15 companies and supposedly the only port operator in this list from among 334 players in the Global Transportation Infrastructure sector.
Pro-Maratha quota activist Manoj Jarange-Patil suspends indefinite hunger strike
Pro-Maratha reservation activist Manoj Jarange-Patil on Thursday suspended his indefinite hunger strike while giving a warning to the state government to stage a fresh protest in Mumbai if the demands made by him are not met.
Some people politicising Manipur’s ethnic violence, confusing people: CM Biren Singh
Biren Singh said that his government's opposition to the immigrants in the state is because they are engaged in drug-related activities and poppy cultivation and these migrants are also creating serious socio-economic problems for the indigenous people.
India world's go-to launch pad: PM Modi
India is becoming the world's go-to launch pad with a record number of foreign satellites being launched from the country in the last decade, Prime Minister Narendra Modi said on Thursday.
Terrorist movement detected along LoC in J&K's Poonch, firing exchange on
Alert troops detected terrorist movement along the Line of Control (LoC) in the Khari Karmara area of J&K’s Poonch district on Thursday after which a firing exchange broke out between the soldiers and the terrorists and is still on, the Army said.
Budget session of Parliament kicks off tomorrow
The Budget Session of Parliament will begin on Friday (January 31) with Finance Minister Nirmala Sitharaman scheduled to table the Economic Survey after President Droupadi Murmu addresses the joint session of both Houses in the morning.
PM Modi shares glimpses of his journey towards Viksit Bharat
Prime Minister Narendra Modi shared a series of captivating pictures highlighting his key engagements throughout January, showcasing India's journey towards a "Viksit Bharat".
No survivors yet of mid-air Washington DC collision
No survivors have yet been found of American Eagle Flight 5342 that collided with a US Army Black Hawk helicopter near the Reagan National Airport in Washington DC Wednesday night.
Will make proposals based on NE’s socio-economic & geographical situations: Arvind Panagariya
The 16th Finance Commission while making its recommendations would keep in mind the socio-economic and geographical situations of the northeastern states, the panel chairman Arvind Panagariya said here on Thursday.