Business Responsibility and Sustainability Report for the financial year 2024-25
Awaiting price reaction for this filing.
Adani Ports and Special Economic Zone Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE on May 30, 2025, as required under SEBI Listing Regulations. The report is prepared on a consolidated basis, covering nearly 100% of employees and over 95% of energy, water and emissions footprint, with reasonable assurance provided by TUV India Pvt Ltd. Key business figures include turnover of Rs 32,383 crore, net worth of Rs 64,973 crore, and operations across 50 domestic and 4 international locations in 28 states, 8 union territories and 4 countries. The company met several environmental targets, including renewable energy share of 16% (target 15%), 53% energy intensity reduction (target 50%), zero waste to landfill at 12 sites, 62% water intensity reduction (target 60%), and 4,240 hectares of mangrove afforestation. However, it missed key social targets: 6 workplace fatalities versus a zero-fatality goal, women workforce at 4.5% versus 5% target, and voluntary attrition at 11% versus a <4% target. No fines, penalties or bribery-related disciplinary actions were reported during the year.
This is a mandatory annual ESG disclosure and is unlikely to cause an immediate stock price reaction. However, sustainability-focused investors may note the mixed performance: strong progress on environmental targets but a concerning gap on worker safety with 6 fatalities, plus missed gender diversity and attrition goals.