Adani Port ranks 14th in Dow Jones Sustainability Emerging Markets Index
By: ICN Bureau
Last updated : June 22, 2021 8:37 pm
Company ranked 14th in the global transportation and transportation infrastructure sector
The latest scorecard of the highly anticipated Dow Jones Sustainability Emerging Markets Index has ranked Adani Ports and Special Economic Zone (APSEZ) at number 14 in the global transportation and transportation infrastructure sector and is the only company from India to have been included in this sector.
This initiates the presence of APSEZ on the DJSI Emerging Markets Index, one of the most sought-after sustainability indices in the world that represents the very top 10% of the largest 800 companies within the world’s 20 emerging markets and is based on long-term environment, social and economic and governance criteria.
APSEZ was ranked in the top 20 of every single dimension of the three criteria. In all, just 11 Indian companies made it to the DJSI Emerging Markets Index this year.
Speaking on the occasion, Karan Adani, Chief Executive Officer and Whole Time Director of APSEZ said, "As the largest multi-port operator and logistics player in one of the fastest growing markets in the world we recognize the complexity that we are confronted with and therefore being able to achieve this high ranking on our debut into the DJSI Index comes as a shot in the arm for us as well as validates our accountability to our investors, customers, and employees."
"While our Environment, Social and Economic, and Governance criteria scores are a strong validation that we are on the right path, we really see this as just one point along a more ambitious journey we have embarked on to demonstrate our absolute commitment to benchmarking our sustainability practices - not just to an emerging market index - but to global indexes, as we move towards becoming the only carbon neutral port by the year 2025," added Adani.