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Adani Ports & Special Economic Zone

APSEZ features in honour list of Institutional Investors Asia Executive Survey

Ahmedabad

24 June 2024
  • From 1,669 Asian companies voted in by investors, 55 feature on honour list, including 4 from India
  • APSEZ, with 2nd rank, is only Indian company in transport sector to feature on the list
  • APSEZ scored 1st rank for its IR and ESG programmes, IR team and IR professionals, alongside high ranks for its CEO and the board of directors

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has demonstrated its leadership on investors engagement by making it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey. In the transportation sector, APSEZ is the only Indian company to feature on the list, coming in at 2nd rank.

A total of 1,669 companies from across Asia, broadly categorised across 18 sectors, were voted in by investors. With the top 2-4 companies in every sector making it to the honour list, the total count of companies on the list stands at 55. This includes only 4 from India, including APSEZ that scored 1st rank across four parameters – IR Program, ESG Program, IR team and IR Professionals – from the buy-side and sell-side combined. Also, the company’s board of directors received the 2nd rank and its CEO the top-rank from sell-side analysts.

A total of 4,943 buy-side professionals, managing an estimated USD 2 trillion in Asia (ex-Japan) equities, and 951 sell-side analysts voted for the 1,669 companies. The investors rated the companies on several areas, including financial disclosure, services and communication, ESG and Board of Directors as well as attributes for CEOs, CFOs and the Best IR Professionals.

For the Best Investor Relations Program, companies were evaluated on nine attributes: (1) consistency (2) granularity (3) timing to market (timeliness)

(4) accessibility of senior execs (5) business & market knowledge (6) responsiveness, (7) earnings calls, (8) IR team authority & credibility, and (9) roadshows/conferences/meetings.

Commenting on the achievement, Ashwani Gupta, Chief Executive Officer & Whole Time Director of APSEZ, said, “We are pleased to feature on the honour list of companies across the entire Asia Pacific. This accomplishment is a testament to the quality of our Investor Engagement and ESG programs, alongside the commitment and dedication of our team to deliver exceptional service to stakeholders. I would like to thank the investor community for reposing their trust in us and recognising our efforts.”

The Institutional Investor Survey results can be accessed on the link here.

About Adani Ports and Special Economic Zone Limited

Adani Ports and Special Economic Zone Ltd (APSEZ), a part of the globally diversified Adani Group has evolved from a port company to an Integrated Transport Utility providing an end-to-end solution from its port gate to customer gate. It is the largest port developer and operator in India with 7 strategically located ports and terminals on the west coast (Mundra, Tuna, Dahej, and Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra and Vizhinjam in Kerala) and 8 ports and terminals on the East coast of India (Haldia in West Bengal, Dhamra and Gopalpur in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, Kattupalli and Ennore in Tamil Nadu and Karaikal in Puducherry, representing 27% of the country's total port volumes, thus providing capabilities to handle vast amounts of cargo from both coastal areas and the hinterland. The company is also developing a transshipment port at Colombo, Sri Lanka, operates the Haifa Port in Israel and container terminal in Dar es Salaam Port, Tanzania.

Our Ports to Logistics Platform comprising port facilities, integrated logistics capabilities including multimodal logistics parks, Grade A warehouses, and industrial economic zones, puts us in an advantageous position as India stands to benefit from an impending overhaul in global supply chains. Our vision is to be the largest ports and logistics platform in the world in the next decade. With a vision to turn carbon neutral by 2025, APSEZ was the first Indian port and third in the world to sign up for the Science-Based Targets Initiative (SBTi) committing to emission reduction targets to control global warming at 1.5°C above pre-industrial levels.