Adani Group, a prominent Indian multinational conglomerate, is headquartered in Ahmedabad, India. Founded in 1988, the company has established a significant presence across various sectors, including energy, resources, logistics, agribusiness, real estate, financial services, and defence. With operations spanning across India and several international markets, Adani has become a key player in the infrastructure and energy industries. The group is renowned for its core products and services, particularly in renewable energy and port management, which are distinguished by their commitment to sustainability and innovation. Notable achievements include becoming one of the largest solar power producers globally and operating India's largest private port. Adani Group's strategic growth and diversification have solidified its position as a leader in the Indian economy, driving advancements in infrastructure and energy solutions.
How does Adani's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Adani's score of 19 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Adani reported total carbon emissions of approximately 954,308,000 kg CO2e from Scope 1 and 383,053,000 kg CO2e from Scope 2, alongside significant Scope 3 emissions of about 37,433,564,000 kg CO2e. This marked an increase in Scope 1 emissions from 907,299,000 kg CO2e in 2022 and Scope 2 emissions from 322,501,000 kg CO2e in the previous year. The total emissions from Scope 1 and 2 combined reached approximately 93,295,117,000 kg CO2e in 2023. Despite these figures, Adani has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies or climate pledges indicates a need for clearer commitments in addressing climate change. The company’s emissions intensity, measured at 0.0303 MTCO2e per crore of turnover in 2023, suggests a focus on improving efficiency, but further details on long-term climate strategies remain unspecified.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 907,299,000 | 000,000,000 |
Scope 2 | 322,501,000 | 000,000,000 |
Scope 3 | - | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Adani is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.