ESG Goals And
Targets
E
Environment
S
Social
G
Governance
Energy, Emissions Management and Climate Change
At AEL, we are deeply committed to integrating sustainable practices across all our business sectors. Our unwavering dedication to reducing our environmental impact is at the core of our operations. We continually monitor our carbon footprint, identifying emissions hotspots, and actively work towards emission reduction through a combination of innovative green technologies, operational enhancements, and avoidance measures.
We are dedicated to committing to Science Based Target Initiatives (SBTi) for our relevant businesses, aligning closely with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
We are currently in the process of obtaining green building certifications for our upcoming sites of Data Center, Solar Manufacturing, and upcoming Airport business. These certifications are a testament to our unwavering commitment to environmental responsibility.
Commitments and Targets:
Business Targets
- Operational Net Zero (Scope 1 & Scope 2) BY 2030
- Carbon Neutral by 2025.
- Achieve ACA Level 4+ at six airports by 2025.
- Transition to 100% green electricity at all airports by 2026.
- Transition of 100% of airport owned fossil fuel vehicles to electric.
- Replace conventional lights with solar or LEDs.
Adani Airports:
- Emission Intensity (Scope 1 and 2) Reduction target of 15 % by 2028.
- Energy Intensity Reduction Target of 15 % by 2028.
Natural Resources:
- Operational Net Zero (Scope 1 & Scope 2) by 2030.
- Achieve the reduction in designed PUE by ~5% by FY 2024-25
Data Center:
AEL Targets
- Exceed India’s NDC commitment of 45% Energy intensity reduction on terms of emissions per Rupee of Turnover.
- Commit to Science Based Targets initiatives (SBTi) for relevant businesses.
- Aligning with the recommendations of Task Force on Climate-related Financial Disclosures (TCFD).
- Setting up Smart and sustainable buildings and infrastructure.
Water Management
We acknowledge the intrinsic value of water as a finite and invaluable resource and places a strong emphasis on its responsible utilization. We are committed to a continuous pursuit of reducing water consumption by means of operational enhancements. We analyze and evaluate our water footprint to identify opportunities for enhancements in water use efficiency. We prioritize the avoidance of fresh water sources whenever feasible and actively engage in the treatment of wastewater, firmly advocating for the reuse and recycling of treated wastewater. Furthermore, we are in the process of developing a comprehensive water risk mitigation plan, with the ultimate goal of transitioning into a net water positive organization.
Commitments and Targets:
- Becoming a net water positive company by 2030.
AEL Target
Circular Economy and Waste Management
We are committed to the principles of resource conservation and the promotion of a circular economy across all its operational sites. Our organization has diligently formulated a robust waste management strategy founded on 5R hierarchy: Reduce, Reuse, Reprocess, Recycle, and Recover.
By adhering to these principles, we proactively minimize the volume of waste destined for landfills. Instead, we prioritize recycling processes and collaborate with authorized waste recycling entities to ensure responsible waste disposal. Additionally, we advocate for the concept of "waste to wealth" whenever feasible within the scope of our operations, thereby aligning our commitment to sustainability with tangible actions that create economic value from waste materials.
Commitments and Targets:
- Zero waste to landfill certification across operational sites for Airports, Data Center, Adani Road Business and other feasible operational locations.
AEL Target
Land use and Biodiversity
Biodiversity conservation is a cornerstone of our sustainability efforts. We conduct Environmental Impact Assessments (EIA) for all our operations, shaping our strategies accordingly. Before commencing new projects, we rigorously evaluate and monitor Biodiversity risks throughout their lifecycles.
Our goal is to join the India Business & Biodiversity Initiative (IBBI), and we fully comply with regional and national laws governing land management, ecological restoration, and biodiversity conservation.
Moreover, we collaborate with stakeholders to formulate Biodiversity Management Plans, focusing on the preservation of endangered, rare, and endemic species, reinforcing our commitment to ecological diversity.
Commitments and Targets:
- No net loss to biodiversity and 100% alignment with IBBI (India Business & Biodiversity Initiative).
AEL Target
Human Rights
Adani Enterprises is firmly committed to upholding Human Rights, aligning our policies with the Universal Declaration of Human Rights, ILO Declaration of Fundamental Principles and Rights at Work, and the United Nations Guiding Principles on Business and Human Rights.
We prioritize this commitment through comprehensive employee training, the adoption and adaptation of the SA8000 standards framework to align with our organizational needs, and the implementation of due diligence processes to identify and assess potential human rights risks and adverse impacts.
Furthermore, we are advancing our stakeholder engagement by digitalizing communication, inquiries, and complaints processes to promptly address any inconveniences resulting from our actions.
Health, Safety, and Well-being
We prioritize Occupational Health & Safety (OH&S) as a core value to create sustainable long-term value for all stakeholders. Our commitment to Risk Control and Risk Acceptability spans across our diverse business portfolios including Energy, Infrastructure, Logistics, Mining Services and Manufacturing Value Chain. We recognize the importance of people in our business and believe that ‘harnessing safety’ through ‘responsible stewardship’ and ‘safety mindfulness’ is crucial for building a resilient organisation.
Innovation and Technology
We believe in nurturing a learning culture that encourages innovation, creativity, and professional growth. At AEL, we aim to constantly adapt and grow through our continuous innovation and research capabilities. To future-proof our business, we are focusing on adopting clean technologies, optimizing our current processes and strengthening our existing R&D infrastructure.
Governance and Risk Management
Our corporate governance philosophy is built upon the pillars of Courage, Trust, and Commitment.
We ensure alignment with this philosophy through comprehensive measures:
- Employee Code of Conduct Training: We provide thorough training to all employees, instilling a strong sense of ethical conduct within our organization.
- ESG Leadership Training: Our leadership team undergoes quarterly training sessions on Environmental, Social, and Governance (ESG) principles, reinforcing our commitment to responsible business practices.
- Corruption and Reputation Assessments: We rigorously evaluate our operations for corruption risks and perform due diligence checks on third-party entities to uphold our reputation and integrity.
- ESG Reporting: We have embarked on a journey to regularly publish national and international ESG reporting frameworks and indices, showcasing our commitment to transparency and sustainability.
- ESG Policy Implementation: We are actively in the process of defining and implementing ESG policies and standard operating procedures across all business verticals, ensuring consistent adherence to sustainability standards.
- Zero cases of corruption and bribery.
- No fines or settlements paid due to anti-competitive business practices.
- Improved ESG ratings and disclosures,
- Boards ESG oversight through regular training.
- ESG performance to be fully embedded in performance management and rewards & recognition culture.