Ahmedabad, April 14 (IANS). Adani Green Energy Limited (AGEL) has received an ESG 1 Plus rating with a score of 87.3 from CARE ESG Ratings Limited (CareEdge-ESG), an ESG rating agency registered with the Securities and Exchange Board of India (SEBI).
It showcases AGEN’s leadership in environmental, social and governance (ESG), climate strategy, resource management and transparency.
The 1+ rating achieved by AGEN is the best ever achieved by an Indian company from CARE ESG.
This rating reflects the company’s leading role in integrating sustainability into its operations as a large-scale renewable energy developer.
CareEdge-ESG’s assessment is based on a comprehensive assessment of environmental, social and governance risks and opportunities across multiple indicators and comparisons with industry peer companies.
This assessment reflects the company’s strong performance in climate risk management, water management, waste management, biodiversity conservation and governance practices, supported by transparent disclosures and structured monitoring mechanisms.
This rating underlines AGEN’s systematic approach to managing environmental and social risks, achieved through well-articulated policies, management systems and the integration of enterprise-wide ESG considerations.
At a broader level, the rating reflects a shift within the Adani Group towards embedding sustainability across its infrastructure-based portfolio, including renewable energy, ports, logistics and utilities. ESG integration is increasingly shaping governance practices, risk management frameworks and long-term capital allocation in businesses.
The CareEdge-ESG rating also strengthens AGEL’s position among investors and lenders, particularly in a capital environment where sustainability performance is increasingly linked to access to financing.
This rating is expected to aid the company’s ability to raise sustainable and transition-oriented capital for large-scale renewable energy projects.
“Achieving the highest ESG score is a strong testament to Adani Green Energy’s commitment to integrating sustainability at scale,” said Ashish Khanna, Chief Executive Officer, Adani Green Energy Limited, in a press release by CareEdge-ESG.
He further added, “This recognition validates our disciplined approach towards ESG governance, proactive climate-risk management and long-term value creation for all stakeholders. Our certification in zero-waste-landfill, single-use plastic-free and pure water-positive operations demonstrates that large-scale renewable energy development can be both responsible and resilient.”
According to Saikat Roy, Chief Executive Officer, CareEdge-ESG, “Adani Green Energy Limited’s ESG rating reflects the company’s strong commitment to integrating sustainability considerations into its renewable energy operations and long-term growth strategy.”
“AGEL’s performance reflects structured management of environmental and social risks, supported by well-established policies, management systems and transparent disclosures in line with leading sustainability frameworks, strengthening its credibility among investors and lenders in an evolving investment landscape where access to capital is increasingly influenced by sustainability performance,” Roy said.
–IANS
abs/
