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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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APSEZ Enters Top 10 List in 2024 S&P Global Corporate Sustainability Assessment Rankings

January 9, 2025
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APSEZ enters the Global Top 10 among transportation and transportation infrastructure companies, up from the Top 15 last year.

APSEZ ranks in the 97th percentile within its sector

APSEZ is the only Indian company in the global Top 10 of its industry.

Retained the #1 rank in the Environment dimension for the second year in a row.

Adani Ports and Special Economic Zone Ltd. (APSEZ) was ranked among the Top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA), with a score of 68(out of 100)—three points improvement over last year. APSEZ is now placed in the 97th percentile within the sector*, improving from the 96th percentile in 2023.

For the second consecutive year, APSEZ secured the #1 spot in the Environment dimension. It also achieved the highest scores across several criteria in the Social, Governance & Economic dimensions, including Transparency & Reporting, Materiality, Supply Chain Management, Information Security/Cybersecurity & System Availability, and Customer Relations.

“We firmly believe responsible business practices drive innovation and long-term success. The latest recognition only reflects our commitment to sustainability and corporate responsibility. Our team’s dedication to integrating sustainability across all our operations has been key to this achievement. We remain committed to our Net Zero by 2040 goal,” said Ashwini Gupta, Whole-Time Director & CEO of APSEZ.

Demonstrating its commitment to regional infrastructure, APSEZ is expanding through a significant development of the Colombo West International Terminal (CWIT) in Sri Lanka. The strategic joint venture with John Keells Holdings and the Sri Lanka Ports Authority is set to become Sri Lanka’s largest container terminal. The CWIT project, financed through internal accruals, is scheduled for commissioning by early 2025.

The development aligns with APSEZ’s vision of creating sustainable, world-class port infrastructure and broader goal of becoming the world’s largest ports and logistics platform, while maintaining a commitment to achieving net zero emissions by 2040.

*As of 31st December 2024, 60% of 318 companies in the transport and transport infrastructure sector assessed for CSA 2024

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