Ahmedabad, Sep 13 (IANS) The Adani Group has been featured in Time’s prestigious World’s Best Companies 2024 list, compiled in collaboration with Statista, a leading global industry ranking and statistics portal. The honour highlights the group’s commitment to employee satisfaction, revenue growth and sustainability.
Adani Group said in a statement that this “reaffirms the Group’s hard work and continued efforts to break new boundaries and deliver excellence across its businesses.”
The World’s Best Companies 2024 list is based on in-depth analysis across three key dimensions:
Employee Satisfaction: Surveys conducted in over 50 countries with approximately 170,000 participants evaluated companies based on direct and indirect recommendations, working conditions, salaries, equality and overall company image.
Revenue Growth: Companies with revenues greater than $100 million in 2023, and that demonstrate consistent growth from 2021 to 2023, were included in the evaluation.
Sustainability (ESG): It sought to assess companies’ environmental, social and governance (ESG) sustainability. Companies were evaluated based on standardized ESG KPIs from Statista’s ESG database and targeted research.
The company said that eight of the 11 companies listed on the stock market of the Adani portfolio were considered in this evaluation, which reflects the excellent performance of the entire group. The other three listed companies are subsidiaries of these eight companies. The companies considered include Adani Enterprises, Adani Ports and Special Economic Zone, Adani Green Energy, Adani Energy Solutions, Adani Total Gas, Ambuja Cements, Adani Power and Adani Wilmar.
The Adani Group is the country’s largest and fastest growing diversified business conglomerate. Its portfolio includes energy and utilities, transportation and logistics, natural resources and consumer products sectors.
Group net profit grew 50.1 per cent to Rs 10,279 crore in the first quarter of this fiscal, while EBITDA reached Rs 22,570 crore, up 32.9 per cent over the first quarter of last year.
–IANS
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