Key Points

Adani Ports and Special Economic Zone Ltd (APSEZ) has made remarkable strides in environmental sustainability this World Environment Day. The company has secured Zero Waste to Landfill certification for 12 key ports and successfully recycled nearly 300 tons of plastic waste. APSEZ is committed to achieving Net Zero emissions by 2040 and has already commissioned 225 MW of renewable energy capacity. The company's impressive environmental efforts have earned it top rankings in global sustainability assessments, demonstrating a strong commitment to corporate environmental responsibility.

Key Points: APSEZ Achieves Zero Waste Milestone on World Environment Day

  • 12 ports awarded Zero Waste to Landfill certification
  • Recycled 300 tons of plastic waste equivalent to 100 elephants
  • Targeting Net Zero emissions by 2040
  • Ranked #1 in global environmental sustainability assessment
3 min read

APSEZ marks World Environment Day with a major sustainability milestone

Adani Ports secures Zero Waste to Landfill certification for 12 ports, leading sustainability efforts with innovative environmental strategies

"Our achievements serve as a powerful reminder of the impact that dedicated corporate action can have on the planet - APSEZ Leadership"

Ahmedabad, June 5

In a significant stride toward environmental responsibility, Adani Ports and Special Economic Zone Ltd (APSEZ) has marked the World Environment Day with a major sustainability achievement: 12 of its key ports have been awarded the Zero Waste to Landfill (ZWL) certification.

This milestone reflects APSEZ's unwavering commitment to sustainable operations and environmental stewardship.

The initiative underscores APSEZ's proactive approach to tackling all types of waste and minimising landfill contributions.

Over the past year, the company has successfully recycled, reused, or repurposed nearly 300 tons of plastic waste, equivalent to the weight of approximately 100 elephants.

As part of its broader sustainability roadmap, APSEZ has set an ambitious target to achieve Net Zero emissions by 2040.

The company has already commissioned 225 MW of renewable energy capacity, reinforcing its dedication to clean energy and climate action.

In parallel, APSEZ is also committed to implementing nature-based solutions for climate mitigation. The Company has successfully forested 4,240 hectares of mangroves and conserved an additional 2,915 hectares, which act as carbon sinks and safeguard local communities against extreme weather events.

APSEZ's efforts have not gone unnoticed on the global stage. For the second consecutive year, APSEZ secured the #1 spot in the Environment dimension in the 2024 S&P Global Corporate Sustainability Assessment (CSA).

In overall ESG rating, the company ranked among the Top 10 global transportation and infrastructure firms, with a score of 68 out of 100 -- a three-point improvement from the previous year, placing it in the 97th percentile of its sector.

Further recognition came from CDP, which awarded APSEZ an "A-" rating in both climate change and water security assessments for 2024. Notably, this marks the company's first entry into the leadership band for water security.

Sustainalytics also reaffirmed APSEZ's leadership in the port sector, assigning it the top rank in low carbon transition rating, indicating the alignment of the company's projected greenhouse gas emissions with the global net zero target. On overall ESG risk, Sustainalytics has assigned APSEZ a low risk rating of 13.7, placing it among the top ten in the marine ports sector.

The company's strong ESG performance has earned it a place in the Nifty 100 ESG Index and a 'Prime' status from ISS ESG -- a distinction that qualifies its equity and bond instruments for responsible investment portfolios.

In a collaborative push toward industrial decarbonization, the Adani Mundra Cluster -- comprising APSEZ Mundra Port, Adani New Industries Ltd., and Ambuja Cements Ltd. -- has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative. The initiative aims to achieve net-zero emissions for the Cluster by 2050.

As the world observes Environment Day, APSEZ's achievements serve as a powerful reminder of the impact that dedicated corporate action can have on the planet. The company continues to champion the global call to #BeatPlasticPollution, inviting stakeholders and communities to join in building a cleaner, greener future.

- ANI

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Reader Comments

Here are 6 diverse Indian perspective comments for the article:
R
Rajesh K.
This is truly commendable! 🇮🇳 Indian companies leading in sustainability makes me proud. The mangrove conservation is especially important for our coastal communities. Hope more corporations follow APSEZ's example. #GreenIndia
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Priya M.
While the achievements are impressive, I wonder about the ground reality. Are these certifications independently verified? We've seen many greenwashing cases. That said, 300 tons of plastic waste recycled is no small feat!
A
Amit S.
Great initiative! But can we get more details about how local communities are involved? Sustainability should benefit both environment and people. The mangrove conservation sounds promising for fisherfolk.
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Neha T.
As someone working in CSR, I appreciate the comprehensive approach - from waste management to renewable energy. The global rankings prove Indian companies can compete with the best in ESG standards. More power to APSEZ! ✨
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Sanjay V.
Net zero by 2040 is ambitious but necessary. Climate change is already affecting our farmers and cities. If big industries take responsibility, we might actually meet our Paris Agreement targets. Jai Hind!
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Kavita R.
The elephant comparison for plastic waste really puts things in perspective! 🐘 Hope they share their best practices so smaller ports can learn. Sustainability shouldn't be limited to big players.

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