Adani Power Ltd., a leading player in India’s energy sector and part of the Adani Group, has made remarkable strides in its commitment to sustainability. The company has secured an exceptional score of 67 out of 100 in the Corporate Sustainability Assessment (CSA) by global rating agency S&P Global for the fiscal year 2023-24. This places Adani Power in the top 80 percentile of all global electric utilities.
In comparison to the sectoral average score of 42, Adani Power’s score of 67 marks a significant improvement from the company’s own score of 48 in FY23. Notably, the company ranked in the top 100 percentile in key areas such as Human Rights, Transparency & Reporting, Water, and Waste & Pollution. In Energy, Occupational Health & Safety, and Community Relationship, Adani Power also secured a position in the top 90 percentile, reflecting the company’s robust sustainability practices.
The S&P Global CSA Score, now synonymous with the S&P Global ESG Score, evaluates a company’s environmental, social, and governance (ESG) performance based on its disclosures, media analysis, and stakeholder engagement. This prestigious recognition is a testament to Adani Power’s dedication to integrating ESG principles into its operations and advancing sustainability across its business model.
As India’s largest private thermal power producer, Adani Power operates a total thermal power capacity of 17,510 MW across several states including Gujarat, Maharashtra, Karnataka, and Rajasthan, along with a 40 MW solar power plant in Gujarat. With a focus on leveraging technology and innovation, the company aims to provide high-quality, affordable electricity while contributing to India’s vision of becoming a power-surplus nation.