Business Responsibility and Sustainability Report for financial year 2024-25
Awaiting price reaction for this filing.
Adani Ports and Special Economic Zone Limited (APSEZL) submitted its Business Responsibility and Sustainability Report for FY 2024-25 to BSE and NSE on May 30, 2025, as required under SEBI Listing Regulations. The report covers the consolidated entity, which had a turnover of INR 32,383.08 crore and net worth of INR 64,973.34 crore, with operations across 28 Indian states, 8 union territories, and 4 countries. The disclosures are assured by TUV India Pvt Ltd at a reasonable assurance level. APSEZL reported 2,882 permanent employees and 42,372 total workers (mostly third-party contractors), with women making up just 3% of permanent employees and 10% of the Board (1 out of 10 directors). On ESG targets, the company exceeded several environmental goals — 53% energy intensity reduction (target 50%), 62% water consumption intensity reduction (target 60%), 16% renewable electricity share (target 15%), and 12 sites achieving zero waste to landfill. However, it missed key people targets: 6 workplace fatalities, 11% voluntary attrition (target <4%), 4.5% women in workforce (target 5%), and employee satisfaction at 4/5 (target 4.5/5).
This is a routine annual regulatory disclosure with no direct share-price impact, but it highlights that APSEZL is lagging on workforce diversity and safety goals despite meeting most environmental targets. Investors tracking ESG should note the persistent fatality incidents and weak gender diversity numbers, while acknowledging solid progress on carbon, water, and waste metrics. The consolidated report includes 186 subsidiaries and step-down entities, giving a comprehensive view of group-wide sustainability performance.