ADANI Ports and Special Economic Zone Ltd (APSEZ) has secured the top position for its climate actions and environmental performance in assessments done by four global rating agencies.
According to a press release by Adani, the CDP assigned leadership band “A-” to APSEZ, recognising the company’s efforts in implementing the current best practices to tackle climate change risks and opportunities. Around 23,000 companies, worth over half of the global listed market cap, participated in the assessment performed by the CDP on behalf of the investors representing an AUM of over USD136 trillion.
APSEZ received the highest rating of “A” for its emission reduction initiatives, climate governance and risk management processes.
Notably, a handful of companies make it to the leadership band every year. APSEZ has also secured the top position in the environmental dimension of the S&P Global Corporate Sustainability Assessment (CSA) 2023 among the 324 leading player, the release stated.