Adani Transmission climbs the ESG rankings in S&P Global Corporate Sustainability Assessment for 2021
- ATL receives ESG benchmarking score of 63 out of 100
- Scored 52 points in the previous assessment, an improvement by 21%
- Score is assigned through Corporate Sustainability Assessment survey 2021
- Average world electric utility sector score is 38 out of 100
Ahmedabad, 17th November 2021: Adani Transmission Limited (ATL), India’s largest private sector power transmission and retail distribution company, scored 63 points in the 2021 Corporate Sustainability Assessment (CSA) survey conducted by DJSI – S&P Global. This is significantly higher than the average world electric utility sector score of 38.
“This remarkable improvement in our ESG score within just a few months testifies to the robustness of ATL’s approach and strategy on ESG,” said Mr. Anil Sardana, MD & CEO, ATL. “This achievement is an endorsement of our progress towards decarbonization of the grid. ATL’s increased emphasis on ESG is in line with our nation’s renewed focus on building a greener India as quickly as possible.”
With an industry-specific approach, the S&P Global ESG score provides multiple layers of ESG intelligence with three underlying Environment, Social, and Governance & Economic Dimension scores. ATL initially interacted with DJSI-S&P Global for ESG benchmarking and received a score of 52 in April 2021, which has now increased to 63, representing a massive 15-point improvement.
Following the initial score, ATL aligned its ESG reporting standards with the GRI (Global Reporting Initiative), increased public disclosures in the company’s annual report, management systems, Business Excellence initiatives, and so on, and remains committed to improving its ESG performance by further refining its policies and practices, as well as strengthening information disclosure procedures.
About Adani Transmission Limited
Adani Transmission Limited (ATL) is the transmission and distribution business arm of the Adani Group, one of India’s largest business conglomerates. ATL is the country’s largest private transmission company with a cumulative transmission network of ~18,300 ckm, out of which ~13,700 ckm is operational and ~4,600 ckm is at various stages of construction. ATL also operates a distribution business serving about 3 million+ customers in Mumbai. With India’s energy requirement set to quadruple in coming years, ATL is fully geared to create a strong and reliable power transmission network and work actively towards serving retail customers and achieving ‘Power for All’ by 2022.
