Adani Green Energy ramps up its ESG score
New Delhi
17-November-2021
Adani Green Energy Ltd (AGEL), the world's largest solar power
developer, scored 66 points in the Corporate Sustainability Assessment
(CSA) survey 2021 conducted by DJSI - S&P Global. This is
significantly higher than the average world electric utility sector
score of 38.
"This achievement is a manifestation of the Adani
vision to steer India towards a cleaner, greener future," said Santosh
Kumar Singh, Chief Sustainability Officer, AGEL.
"The rapid
progress we have made over the last year in improving our score reflects
the emphasis AGEL places on ESG, both as a demonstration of good
corporate citizenship and as a crucial component of our strategy to
create more value for our stakeholders."
With an industry-specific approach, the S&P Global ESG score provides multiple layers of ESG intelligence with three underlying Environment, Social, and Governance & Economic Dimension scores. AGEL initially interacted with DJSI-S&P Global for ESG benchmarking and received a score of 51 in April 2021, which has now increased to 66, representing a massive 15-point improvement.
Following the initial score, AGEL aligned its ESG reporting standards with the GRI (Global Reporting Initiative), and increased public disclosures in the company's annual report, sustainability report, management systems and business excellence initiatives. AGEL remains committed to improve its ESG performance by further refining its policies and practices, as well as strengthening information disclosure procedures.- IANS
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