Adani Ports and Special Economic Zone Limited (APSEZ) has been awarded an ESG score of 84.3 by CareEdge ESG Ratings, positioning it as a leader in Environmental, Social, and Governance practices within the ports and logistics sector. This score signifies a “Leadership” status for Adani Ports, showcasing its adept management of ESG risks through superior disclosures, policies, and performances, marking a 3.3-point enhancement from its previous rating of 81.
The rating upgrade, resulting from CARE ESG Ratings’ annual surveillance review, takes into account the most recent disclosures outlined in APSEZ’s FY26 Integrated Annual Report, as per the company’s exchange filing. It underscores APSEZ’s ongoing advancements in fortifying its ESG performance and transparency in reporting.
Adani Ports’ improved environmental performance, characterized by reduced emissions, energy, water, and waste intensities, alongside an increased utilization of renewable energy sources and a more profound integration of environmental considerations throughout its value chain, has contributed significantly to the rating enhancement. Moreover, the company’s augmented social outcomes, including broader safety training coverage, reinforced grievance redressal mechanisms, and sustained progress in diversity, pay equity, and employee engagement, have further bolstered its rating.
The rating uplift is also attributed to a robust governance framework supported by continuous Board-level ESG oversight, comprehensive governance training initiatives, and enhanced engagement across the value chain. Adani Ports’ commitment to exemplary practices, transparent disclosures, and continual enhancements across environmental, social, and governance dimensions has solidified its standing as a premier ESG performer in the ports and logistics domain.
In a recent development, S&P Global Ratings raised Adani Ports’ long-term issuer credit rating and senior unsecured notes issue rating to “BBB” from “BBB-” with a “Stable” outlook, citing the company’s robust cash generation capabilities and its capacity to finance ambitious expansion endeavors while upholding a healthy leverage position. This upgrade aligns Adani Ports’ rating with India’s sovereign rating as designated by S&P, underscoring its financial strength and growth prospects.
