Ahmedabad, June 27 (IANS). Adani Ports and Special Economic Zone Limited (APSEZ) has been awarded an ESG score of 84.3 by CareEdge ESG Ratings, further strengthening its strong position in the field of Environmental, Social and Good Governance (ESG) in the Ports and Logistics sector.
This score indicates that Adani Ports is in a “leadership” position in terms of management of ESG risks, transparent disclosures, strong policies and superior performance. This time its score has increased by 3.3 points as compared to the company’s previous score of 81 points.
According to the company’s exchange filing, this rating has been given after the annual review of CareEdge ESG Ratings, which also takes into account the new disclosures made in the Integrated Annual Report for FY 2025-26.
According to the company, this rating increase reflects continued improvement in ESG performance and transparency.
According to the report, environmental initiatives such as reduction in emissions, energy, water and waste intensity, increased use of renewable energy and integration of environmental aspects across the value chain have improved the company’s performance.
In the social sector, efforts like increasing the scope of safety training, strengthening the grievance redressal system, increasing diversity, equal pay and employee participation also had a positive impact.
The company said initiatives such as board-level ESG monitoring, comprehensive governance training programs and better coordination with value chain partners have further strengthened its corporate governance framework.
The company said, “This rating confirms that Adani Ports is among the leading companies in the field of ESG in the ports and logistics sector. It reflects our commitment to best practices, transparency and continuous improvement in all aspects related to environmental, social and good governance.”
This week, S&P Global Ratings also upgraded Adani Ports’ long-term issuer credit rating and senior unsecured notes rating to “BBB” from “BBB-“. Also maintained “stable” outlook for the company.
S&P has given this upgrade in view of the company’s strong cash flow capacity and ability to complete a large expansion program while maintaining healthy financial position.
After this upgrade, the rating of Adani Ports by S&P has reached equal to the sovereign rating of India.
–IANS
DBP
