Emissions Management

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Achievements | FY 22-23

Our company reported a 50% reduction in emission intensity (measured in MtCO2e per rupee of turnover) on account of energy-efficient practices, and increased use of renewable energy and cleaner fuels. We also marked 9% increase in absolute Scope 1 and Scope 2 emissions. The inclusion of new businesses also enriched the turnover, moderating energy intensity.

Energy audits and energy efficiency initiatives: We implemented energy efficiency projects to reduce carbon emissions. The energy consumption was moderated through the installation of energy efficient devices/equipment, lighting systems, etc.
Fleet decarbonisation: Our businesses are replacing diesel-based vehicles with EVs.
ATGL: The business switched from diesel to natural gas for cascade-carrying fleet vehicles. This includes light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and administration vehicles.
APSEZ: Internal transfer vehicles (ITVs) play an important role in the transfer of container cargo between ships and yards. Some (around) 338 electric ITVs were deployed across Adani locations in FY23. The business implemented a solar power system, ensuring that charging was powered by renewable energy sources, saving approximately 811 tCO2e/month (tonnes of carbon dioxide equivalent per month). The electrification of nine diesel cranes was completed and nine Tata Nexon EVs were introduced at various sites.
AWL, rail green points: The transport sector (primarily road) contributed majorly to GHG emissions; a third of road transport emissions are attributed to freight transportation. Rail-based transport emits little – only one per cent of transport emissions. To motivate freight customers to transport by rail, the Indian Railways assigned carbon savings (for rail over road) through digital rail green points to freight customers from 1st April 2022.

Carbon savings were estimated in terms of CO2 tonnes and credited to customers in their online RGP accounts. AWL, the FMCG arm of our companies, earned 22,574 RGPs in FY 23. AWL increased the share of CNG vehicles in its primary and secondary transportation. It incentivised operators (INR 60 per tonne of additional payment over diesel vehicles) in addition to CNG vehicle preference during operations.

'For Better Tomorrows'

ESG Report 2023 of Adani Portfolios
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