Mumbai, June 16: Adani Green Energy Limited (AGEL) has been ranked first in the ESG (Environmental, Social, and Governance) ratings in the power generation, utilities and transmission sector by NSE Sustainability Ratings & Analytics Ltd, an entity of the National Stock Exchange (NSE).Additionally, AGEL is also among the top 5 entities in ESG ratings assessed from the top 100 listed companies by revenue across the National Stock Exchange (NSE). The ESG ratings for listed companies have recently been launched by the NSE.
The NSE’s rating rationale states that AGEL performs well across Environment, Social and Governance parameters. The company’s environmental initiatives are well-integrated, supported by socially responsible practices and effective governance. It demonstrates a mature sustainability approach.
According to NSE Sustainability Ratings & Analytics Ltd, AGEL received an impressive ESG score of 74, the highest within the utilities and power sector. This underscores AGEL’s commitment to sustainable practices and its continuous efforts to uphold environmental, social, and governance standards.
AGEL excelled in governance with a score of 76, reflecting the company’s robust governance practices, well-organised board structure, and ethical conduct. Its mature approach to risk management further highlights AGEL’s commitment to transparency and accountability, according to the rating.
Gautam Adani, Chairman of the Adani Group, has highlighted AGEL’s dedication to governance and sustainability in its FY25 annual report, stating: “Our governance is of global standards, and our compliance frameworks are robust and non-negotiable.”