APSEZ secures top position in climate actions and environmental performance | Business News – Business Standard

APSEZ also secured the top position in the seaport sector thanks to Sustainalytics’ low carbon transition assessment. (Photo: Bloomberg)

Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said it has secured a top ranking for its climate actions and environmental performance in assessments conducted by four global rating agencies.

The ratings were carried out by CDP, S&P, Sustainalytics and Moody’s.

While the company secured a ‘leadership tie’ in the CDP Climate Assessment 2023, it ranked first in the environmental dimension among 324 companies in the transport and transport infrastructure sector according to S&P Global CSA 2023, the statement said.

The company also achieved the top position in the seaport sector thanks to its low carbon transition rating by Sustainalytics.

It also received the ‘advanced’ rating in Moody’s Energy Transition Rating and the first rank in the overall ESG rating and strategy rating in their latest update.

APSEZ is part of the globally diversified Adani Group and is the largest port developer and operator in India.

(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

First print: February 11, 2024 | 5:29 PM IST

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