A significant enhancement over the CDP score of 2021

Adani Power Ltd (APL), a subsidiary of the Adani Group, has received a B rating from CDP (Carbon Disclosure Project) for climate change transparency in 2022. This is higher than the global and Asia regional C averages and the same as the B average for thermal power generation. This score recognises APL’s stewardship in setting competitive benchmarks and meeting commitments to mitigate the effects of climate change. In the thermal power generation sector, 12 percent of companies are in the disclosure band, 16 percent are in the awareness band, 48 percent are in management, and 24 percent are in leadership. When compared to the global average, APL performed well in the areas of governance, scope 1, 2, and 3 emissions and risk management process, opportunity disclosure, and business strategy, financial planning, and scenario analysis.
APL was also given a B for water security. This is comparable to the Asia regional and global average of “B” for thermal power generation. APL excelled in business impacts, integrated approaches to environmental challenges, water-related opportunities, water policies, water accounting, targets and goals, governance, and business strategy. APL is one of 48 percent of companies that have attained the management level in climate change and 77 percent of companies that have attained the management level in water security.
APL has implemented a robust risk management system to manage various impacts and keep up with emerging risks in the industry. Furthermore, key opportunities and risks are considered when developing short- and long-term strategies. Among the critical risks and opportunities, factors such as climate change, regulatory norms, and changes in investor behavior. APL’s value-led growth can be attributed to the company’s commitment to the UN Sustainable Development Goals, the Adani Group’s vision of nation-building, and long-term value creation.
CDP is a non-profit global environmental impact organisation that provides a platform for companies, cities, states, and regions to report on their climate, deforestation, and water security impacts. CDP is regarded as the gold standard of environmental reporting by the global economy. The CDP scores capture an organisation’s ESG credentials in terms of climate change, forests, and water security.