Growth with Sustainability
Aligned to the Adani Group’s core philosophy “Nation Building” and “Growth with Goodness” we are adding sustainable value globally and contributing to energize our nation. In the pursuit of, we ensure high benchmarks bolster our ties with customers and business partners, positioning AESL as environmentally and socially sensitive market leader. In our pursuit of this vision, we aim to add value to all our businesses by delivering an outstanding performance. We believe that this focus will also deepen our relationships across six capital i.e. Financial, Manufactured, Natural, Human, Intellectual, and Social & Relationship capitals.
This long-term approach empowers our vision to sustain in the dynamic global market scenario for achieving growth and leadership in the transmission sector. At Adani Energy Solutions, sustainability is at the core of what we do. Not only do we see it as a driver for growth but also a key performance metric for our risk management. At the core of sustainability is our focus on value creation across six key capitals.
While the energy we transmit helps support national economic growth and also improves quality of life for millions of people, we also aim to give back to society through our Corporate Social Responsibilities (CSR). Thus we strive to be a world-class operator as well as a responsible corporate citizen. Communities residing in the villages situated near substations, transmission lines and project area are key beneficiaries of our CSR activities. Our CSR mission is to play the role of a facilitator for the benefit of people without distinction of caste or community, sect or religion, class or creed – in the field of education, community health and promotion of social and economic welfare and upliftment of people in general.
Towards Sustainable Development
Making positive impact to the environment through everything that we do. Our systems ensure that 100% of electrical waste during the time of set-up gets recycled as per the best practices.
Decarbonisation of India’s Power Sector
Adani Energy Solutions and its subsidiary, Adani Electricity Mumbai Limited, are deeply committed to the decarbonisation of power generation and to bringing green electricity to Mumbai residents.
Adani Energy Solutions has invested in:
(a) Green Transmission Projects, including transmission lines to enable the efficient supply of green power to the city of Mumbai with a capital outlay of ~USD 1.5bn, funded through eight international banks and the internal resources of AESL,
(b) Green Distribution Infrastructure, AEML has a capex program to ensure the higher reliability of power in Mumbai and all other bulk consumptive centres, with a capital outlay of ~USD 3bn funded through a USD 2bn Global Medium Term Note program and the internal resources of AEML.
In total, this translates to a USD 4.5bn investment in providing green power choices to Mumbai consumers.
Fostering Environmental Accountability
Tracking and transparency are the tools we employ to contribute towards a sustainable future. In line with this commitment, Adani Energy Solutions Limited recently received assessment from CDP – the global environmental disclosure system – to measure risks and opportunities on climate change. The company has received a CDP score of D which is in the Disclosure band. This is lower than the Asia regional average of B-, and lower than Energy utility networks sector average of B. Through global benchmarking and comparison with peers, we endeavor to continuously improve our climate governance.
Our Commitment towards Biodiversity
Adani Energy Solutions Limited (AESL) believes that the sustainability of our business is intricately linked with the ecosystem in which we operate. AESL has a ‘Biodiversity Policy’ signed by MD&CEO. One of the focus areas of the policy is to work towards achieving a minimum of No Net Loss (NNL) of biodiversity in all operations. AESL has also signed India Business & Biodiversity Initiative (IBBI) on 17th July 2020. IBBI is a business led initiative with an objective to mainstream biodiversity in Indian Businesses. AESL commits to conduct the business with no net loss to biodiversity and leave positive impact on the environment and surroundings of its operations by integrating the biodiversity aspects in management systems. Also, AESL is working towards assessing and mapping biodiversity at our operation sites to determine what level of biodiversity importance exists on the land and to identify the potential impacts of our operations on that biodiversity, if any.
At Adani Energy Solutions Limited (AESL), while we are totally and consistently committed to bringing about a green transformation from the abundant natural resources, we ensure that any kind of business activities are performed in the most sustainable manner without disturbing the ecosystem.
All efforts are made to execute projects in an environment-friendly & sustainable manner by avoiding forest land. In some cases where forest land is encountered, standard procedure for Forest Diversion is followed to obtain the Right of Way (RoW) for execution of the project and impact caused if any to environment is mitigated through Compensatory Afforestation as per the guidelines and directives from regulatory authorities as applicable.