Adani Power's ESG Rating Improves To 66 In NSE Sustainability Assessment
Adani Power Ltd has improved its ESG rating to 66 in the latest NSE Sustainability assessment, maintaining its position ahead of several industry peers. The company credits this progress to operational efficiency, low-emission technologies, and various social development programs.
Why it matters
ESG ratings are increasingly important for investors to gauge the long-term sustainability and ethical governance of major energy corporations.
Adani Power Ltd (APL), India's largest private thermal power producer, said on Monday its Environmental, Social and Governance (ESG) performance score improved to 66 in the latest assessment by NSE Sustainability, up from 65 previously, while retaining its position ahead of major Indian thermal, mixed-fuel and integrated energy companies.The company remained in the 'Aspiring' category under the assessment conducted by NSE Sustainability, a SEBI-registered ESG Rating Provider and subsidiary of NSE Indices.Adani Power attributed the improvement to its focus on sustainability initiatives and operational efficiency.The company said it has deployed low-emission technologies, including ultra-supercritical power units, alongside continuous emissions monitoring systems, energy-efficiency measures, water conservation programmes and waste-management initiatives.In addition, it highlighted social programmes centred on education, healthcare and skill development which include scholarships for underprivileged students, health camps and livelihood enhancement projects in communities around its operations.NSE Sustainability evaluates 500 listed Indian companies annually, providing investors and stakeholders with…
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