Adani Ports Attains Zero Waste to Landfill Certification
On World Environment Day, Adani Ports and Special Economic Zone Ltd (APSEZ) achieved a significant sustainability milestone by securing Zero Waste to Landfill (ZWL) certification for 12 of its key ports. This accomplishment highlights APSEZ's dedicated efforts toward environmental stewardship and sustainable port operations.
Plastic Waste Management Success
Over the past year, APSEZ has recycled, reused, or repurposed nearly 300 tons of plastic waste, reflecting a substantial reduction in landfill contributions. This amount is comparable to the weight of approximately 100 elephants, demonstrating the scale of the company’s waste management initiatives.
Commitment to Climate Action and Renewable Energy
As part of its broader sustainability goals, APSEZ has set an ambitious target to reach net zero carbon emissions by 2040. The company currently operates a renewable energy capacity of 225 MW, underscoring its commitment to clean energy and mitigating climate change impacts.
Nature-Based Solutions and Ecosystem Conservation
In addition to energy initiatives, APSEZ implements nature-based solutions focused on climate mitigation by foresting 4,240 hectares of mangroves and conserving another 2,915 hectares. These mangrove ecosystems serve as vital carbon sinks and provide protection to local communities against extreme weather events.
Recognition for Environmental, Social, and Governance (ESG) Excellence
- For the second consecutive year, APSEZ was ranked first globally in the Environment dimension of the 2024 S&P Global Corporate Sustainability Assessment.
- The company achieved a score of 68 out of 100 in overall ESG rating, positioning it in the 97th percentile among global transportation and infrastructure firms.
- CDP awarded APSEZ an “A-” rating for climate change and water security, marking its inaugural leadership band ranking in water security.
- Sustainalytics ranked APSEZ top in the port sector for low carbon transition, confirming alignment with the global net zero emissions target and assigning a low overall ESG risk score of 13.7.
- APSEZ earned placement in the Nifty 100 ESG Index and received ‘Prime’ status from ISS ESG, qualifying its securities for responsible investment portfolios.
Industrial Decarbonization Initiative Participation
The Adani Mundra Cluster, composed of APSEZ Mundra Port, Adani New Industries Ltd., and Ambuja Cements Ltd., has joined the World Economic Forum’s Transitioning Industrial Clusters initiative. The collaboration aims to achieve net zero emissions across the cluster by 2050, reinforcing APSEZ’s leadership in industrial decarbonization.
Looking Ahead: Championing Sustainability
APSEZ’s achievements reflect the powerful impact of corporate responsibility on environmental preservation. The company continues to actively promote the global campaign to #BeatPlasticPollution and encourages stakeholders and communities to contribute to a cleaner and greener future.
