Adani Ports and Special Economic Zone Limited (APSEZ) has received a Leadership Band Rating of A- for both Climate Change and Water Security in the 2024 Carbon Disclosure Project (CDP) scores. The prestigious ranking underscores the company's strong commitment to environmental governance and its strategic focus on sustainability.

The CDP scores are a globally recognized platform for environmental reporting, evaluating companies on their governance, business strategies, environmental policies, risk management, and engagement with value chains in addressing climate change and water security. The leadership band rating reflects Adani Ports' exceptional performance in these critical areas, contributing to the global push for sustainability.

Impressive Improvements in Water Security

One of the key highlights of this year's CDP scores is the improvement in Water Security. The company's Water Security disclosure rating was upgraded from the Management band B to the Leadership band A-, reflecting its continuous efforts to improve water conservation and management practices. This significant upgrade highlights the effective policies and strategies that Adani Ports has implemented to safeguard water resources and mitigate associated risks.

Consistency in Climate Change Leadership

Adani Ports maintained its Leadership band rating of A- in the Climate Change category, reflecting the company's sustained efforts in tackling climate-related risks, carbon emissions, and developing low-carbon strategies. The rating further highlights the organization's business strategies and environmental performance, particularly in managing climate change risks.

Key Areas of Evaluation

The CDP ratings are determined based on a comprehensive evaluation of various factors, including:

• Governance practices related to environmental performance
• Risk management frameworks to address climate change and water security
• Environmental policies and targets to reduce negative impacts
• Engagement with suppliers and value chains to ensure sustainability across operations

About Adani Ports and Special Economic Zone Limited

Adani Ports is India’s largest private port developer and operator. The company operates a diversified portfolio of port assets, which include major ports along India’s coastline. APSEZ plays a vital role in the country’s logistics and maritime trade, while maintaining a strong focus on sustainability and environmental stewardship.

The Upcoming IPOs in this week and coming weeks are Quality Power Electrical Equipmwnt, PS Raj Steels, Voler Car, Maxvolt Energy, Hexaware Technologies, L.K. Mehta, Shanmuga Hospital.

The Current active IPO are Ajax Engineering, Chandan Healthcare..

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.

Join our Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.