January 2026

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Engineers inspecting a large solar farm.

newsmakers

Adani Green Energy

‘Green’-ing The NSE Benchmark

Adani Green Energy (AGEL) earns the highest sustainability score among industrial firms and retains its top position in the power generation sector for the second consecutive year.

Sneha T S

India’s renewable energy landscape received a strong endorsement in the National Stock Exchange’s FY25 sustainability ratings, with Adani Green Energy (AGEL) delivering a standout performance—earning an overall score of 78, up from 74 last year, and retaining the top position in the power generation sector for the second consecutive year.

The company also received the highest sustainability score among all industrial companies within the top 150 listed entities on the NSE. This reflects AGEL’s continued strength in responsible business practices and transparent governance.

Progress in Every Frontier

AGEL recorded improvements across all three pillars assessed by the NSE:

AGEL’s strongest improvement was in governance, where the company achieved a score of 82, earning one of the highest governance assessments among India’s largest listed companies for the second consecutive year. This reflects AGEL’s commitment to governance that goes beyond compliance. Key committees overseeing nominations, audits, risk management and social impact are structured with a strong majority of independent members, ensuring objective oversight and reinforcing the company’s dedication to transparency and robust governance.

The company’s environmental performance complements its governance strengths. AGEL’s initiatives in renewable energy usage, waste reduction, recycling and resource efficiency have contributed to a notable improvement in its environmental score. Key milestones include becoming water-positive, eliminating single-use plastics from operations and ensuring that no waste from its sites is sent to landfills. Significantly, AGEL is the first renewable energy company among the world’s ten largest in the sector to achieve water-positive status, reaching this milestone ahead of its 2026 target.

Excellence Across National and Global Benchmarks

What defines leadership in sustainability today? Is it compliance alone—or the ability to meet, measure and outperform global benchmarks while anticipating future risks? For AGEL, the answer lies in independent validation, data-driven frameworks and forward-looking disclosures that translate ambition into action.

The company continues to earn strong ratings from leading domestic and international organisations that evaluate responsible business practices, including FTSE Russell, ISS ESG, Sustainalytics, and CRISIL. It has also begun implementing the global Taskforce on Nature-related Financial Disclosures (TNFD) framework, strengthening its capacity to assess environmental risks and embed nature conservation into its clean-energy expansion strategy.

How the NSE Assigns Ratings?

The credibility of any sustainability assessment rests on the robustness and transparency of its underlying methodology. Understanding how these scores are derived provides important context for interpreting performance across companies and sectors.

The sustainability ratings issued by the NSE are based on publicly available information from annual reports, statutory disclosures and regulatory filings. The assessment considers sector-specific risks, the quality of disclosures and how companies manage their environmental, social and governance responsibilities. Scores are assigned on a scale of zero to one hundred for cross-industry comparison and are adjusted for significant events and long-term transition efforts.

AGEL’s steady progress and strong performance this year demonstrate its commitment to building clean energy responsibly while maintaining the trust of its stakeholders and the wider community.