Our top three material focus areas
Climate Change
Target metric
- Carbon neutrality by 2025
- Net zero by 2040
Progress
- Share of renewable electricity increased to 16% from 13% last year
- Acquired around 400 eITVs to achieve equipment electrification
Business Impact
Risk
Business Case
The increasing risk of climate change-related disasters poses a significant challenge for ports, railways, and logistics operations. Physical risks include extreme weather events, rising sea levels, and infrastructure deterioration, which can disrupt transportation networks, causing delays, service interruptions, and safety hazards. These disruptions can lead to increased operational costs, reduced efficiency, and potential damage to goods in transit. Adapting to these risks is essential, requiring robust contingency planning and investment in resilient infrastructure to ensure continuity of services and safeguard our operations against the unpredictable impacts of climate change.
Business Strategy
- Have established a strategic blueprint to achieve Carbon Neutrality by 2025 and aim to reach net-zero status by 2040
- Conducted a comprehensive Climate Change Vulnerability Risk Assessment for port business infrastructure and developed a detailed Adaptation Plan to address these climate-related risks
- Introduced and expanded the use of energy-efficiency measures, such as mechanisation of bulk cargo handling and installation of LED lights, and increased the use of renewable energy by constructing proprietary solar and wind power plants
- Integrated the use of electric vehicles into cargo transportation logistics
Biodiversity and Land Use
Target metric
- Net Positive Impact (NPI) on Biodiversity across all the operational sites by 2050
Progress
Achieved 4,240 Ha of mangrove afforestation by FY 2024-25
Business Impact
Risk
Business Case
Ports and logistics, being pivotal in global supply chains and economic workflow, often require land-use changes to accommodate growing infrastructure demands. This can disrupt local communities, harm natural habitats, and intensify pollution. Port activities such as dredging can also damage marine habitats, disturbing the aquatic environment. Our aim is to address these issues by harmonising economic advancement, environmental preservation, and social responsibility.
At APSEZ, our biodiversity strategies aim to bolster conservation and sustainability, reflecting our commitment to preserving biodiversity. This not only benefits ecosystems but also local communities.
Business Strategy
- Aim to achieve a Net Positive Impact (NPI) on biodiversity by 2050 and have implemented Environment and Social Management Plans (ESMPs) to support the CII’s India Business and Biodiversity Initiative (IBBI), adhering to the IUCN protocol for lighting and dredging near Dhamra to protect endangered Ridley turtles and dolphins
- The ports comply with the Oil Spill Action Plan as per the National Oil Spill Disaster Contingency Plan (NOS-DCP) and the International Petroleum Industry Environmental Conservation Association
- Established Biodiversity Management Plans for all operational ports and ESMPs for Mundra, Dhamra, Hazira, and Vizhinjam, following IFC Performance Standards and the Equator Principles
- Undertook mangrove afforestation, terrestrial plantation, grassland protection, monitoring of endangered species, and assessing biodiversity richness
- Ensure all developments are conducted outside of eco-sensitive areas
Occupational Health and Safety
Target metric
- Target of 25% reduction in LTIFR by 2025 from FY 2015-16 base
- Zero fatality
Progress
15 Safety Excellence Centres established across different sites
Business Impact
Risk
Business Case
Port and logistics operations, with their intricate and high-risk nature, involve heavy machinery, transportation equipment, physical labour, and exposure to hazardous materials. Inadequate safety measures can significantly increase the risk of accidents and injuries, leading to operational disruptions, increased costs, legal liabilities, and damage to our reputation. By fostering a culture of safety and vigilance, we aim to minimise risks and protect our employees, ensuring a secure and efficient operational environment.
Business Strategy
- Established the Adani Safety Management System, covering Group/Business/Site Occupational Health and Safety guidelines, a governance model, empathetic leadership, standardised processes, a RACI matrix, strategic goals and objectives, and ten essential safety rules
- Prioritise Process Safety Management (PSM) and foster safety leadership at all organisational levels
- Focus is on ensuring zero harm by improving our ability to identify hazards, manage risks, enhance industrial hygiene and workplace health, implement emergency response protocols, and effectively regulate contractor safety standards
- Provide safety training through both traditional methods and advanced, simulator-based programmes