Company records gain across environment, social and governance metrics, retains lead in power generation sector

Adani Green Energy has emerged as one of India’s strongest performers in the latest sustainability ratings released by the National Stock Exchange for the financial year 2025, reinforcing its position at the top of the country’s power generation sector for the second consecutive year.

The company posted an overall sustainability score of 78, up from 74 a year earlier, reflecting steady improvement across environmental, social and governance parameters assessed by the exchange. Among the top 150 listed companies on the NSE, Adani Green recorded the highest score in the industrial category, with only one services sector firm placing marginally higher.

The NSE’s ESG assessment showed progress across all three pillars. Adani Green’s environmental score rose to 76, supported by continued expansion of renewable energy capacity, improved resource efficiency and waste management practices. The company has already met several of its stated sustainability targets, including achieving water-positive status, eliminating single-use plastic and sending zero waste to landfills. It is also among the first global renewable energy companies to attain water positivity ahead of its stated 2026 timeline.

The social score improved to 74, indicating stronger performance in areas such as workforce welfare and community engagement. The most notable increase, however, came in the governance category, where the score climbed to 82. The company maintains multiple board-level committees overseeing areas such as audit, risk, nominations and social impact, with a majority led by independent directors.

According to disclosures, Adani Green’s governance framework places emphasis on structured oversight and transparency rather than compliance-led reporting alone. Its sustainability performance has also received recognition from several global and domestic rating agencies, including FTSE Russell, ISS ESG, Sustainalytics and Crisil.

In addition, the company has begun aligning its reporting with the Taskforce on Nature-related Financial Disclosures framework, aimed at identifying nature-related risks and embedding biodiversity considerations into long-term business planning.

The latest ratings underline the growing importance of ESG benchmarks in evaluating listed companies, particularly in capital-intensive sectors such as power and renewable energy.