Adani Group

No leading practices were identified in the governance and strategy area.

Ecosystem conversion and restoration
The company is committed to restoring ecosystems by pledging to grow 100 million trees by 2030. The company discloses details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers. The company discloses ecosystem restoration efforts beyond areas affected by its own operations or suppliers, such as compensation or offset mechanisms.

Solid and air pollution
The company discloses some evidence of reducing plastic use, although it has an opportunity to further improve by supplying metrics.

No leading practices were identified in the social inclusion and community impact area.

No leading practices were identified in the core social indicators area.

Lobbying
The company does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Stakeholder engagement
While the company discloses an overview of its stakeholder engagement plan, it has an opportunity to disclose more comprehensive details including an overview of the issues raised or its process for engaging with stakeholder groups, including frequency and channels.

Sustainability strategy and accountability
While the company discloses some sustainability targets, it has an opportunity to establish group-wide targets for the most material parts of its value chain. No evidence found that the company discloses its process for identifying and prioritising its most relevant sustainability impacts. The company has an opportunity to link executive remuneration to sustainability topics and provide evidence of their expertise on the company’s most material pressures to nature.

Ecosystem conversion and restoration
The company lacks a commitment to ensuring zero conversion and does not disclose activities aimed at achieving conversion-free supply chains. Additionally, there are no time-bound targets set to establish these supply chains. Furthermore, the company does not demonstrate a commitment to minimizing ecosystem conversion nor disclose any activities to achieve this goal.

GHG emissions
The company should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.

Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Key areas and species
The company does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Resource exploitation and circularity performance
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Solid and air pollution
The company is not reducing the production of hazardous waste. It has an opportunity to disclose quantitative evidence regarding plastic use reduction and the use of sustainable packaging. Additionally, the company does not report on the amount of plastic waste generated or the proportions directed to or diverted from disposal. It also does not report metrics on air pollutants, nor set time-bound targets to reduce them.

Water
The company reports an increase in water use. The company does not disclose other relevant information related to water, in its operations or supply chains.

Indigenous Peoples’ and land rights
The company does not show if it is committed to respecting Indigenous Peoples’ rights or land rights of local communities.

Safe, clean, healthy and sustainable environment
The company has an opportunity to commit to respecting local communities’ right to a safe, clean, healthy and sustainable environment, and to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. Moreover, it should track its actual or potential negative impacts on the health of local communities.

Act ethically
The company claims a non-tolerance stance on bribery and corruption but lacks a publicly available formal policy. It has a grievance system (‘Speak Up’) but does not show a confidential, anonymous channel for all stakeholders. The company has an opportunity to transparently disclose its approach to lobbying and political engagement and to ensure compliance by third-party lobbyists with its policies.

Provide and promote decent work
The company endeavours to engage stakeholders in ensuring a safe workplace and highlights the significance of occupational health and safety (OH&S). However, it lacks a formally recognised public commitment to worker health and safety, and no comprehensive disclosures regarding the severity of work-related injuries or detailed statistics on work hours are provided. It also does not sufficiently describe how it monitors health and safety standards within its business relationships. The company has an opportunity to disclose evidence of support for a living wage sufficient to maintain a decent standard of living, as well as a clear strategy to ensure living wage compliance among its business relationships. Furthermore, despite its subsidiary’s endorsement of the Women’s Empowerment Principles, there is no broader, documented commitment to gender equality and women’s empowerment targets.

Respect human rights
The company articulates a commitment to human rights, reflected in policies aligned with the Universal Declaration of Human Rights and the ILO Declaration. Nevertheless, there is no formal, approved human rights policy statement available publicly, and group-level disclosures of its human rights and DEI policies are lacking. Additionally, the company lacks a described process for identifying human rights risks in its operations and business relationships. The company has an opportunity to formalise its commitment through approved policies and to articulate transparent processes for addressing human rights risks.