COP 28: Adani Group threw down the gauntlet on climate action, pledging to make Adani Ports carbon neutral by 2025 and net-zero by 2040
Gautam Adani, Chairman of Adani Group, made significant climate commitments during the ongoing COP28 conference in the United Arab Emirates. He announced ambitious goals for Adani Ports and Special Economic Zone (APSEZ), aiming to achieve carbon neutrality by 2025 and net-zero emissions by 2040.
Adani elaborated on actionable steps to achieve these goals, including electrification of all port cranes, transitioning to battery-based Internal Transfer Vehicles, and installing an additional 1000 MW of captive renewable energy. He also emphasised the importance of natural carbon sinks, setting a target to expand mangrove plantations to 5000 hectares by 2025.
The Adani Group's commitment extends beyond APSEZ. Adani highlighted green initiatives undertaken by Adani Electric, underlining its broader focus on environmental sustainability across its various businesses.
These announcements were made amidst the global forum of COP28, which is dedicated to addressing climate challenges and accelerating the transition to a low-carbon economy. The Adani Group's pledges align with the goals outlined in the Paris Agreement, demonstrating their recognition of the urgency in tackling climate change.
While the announcements were significant, monitoring the implementation and progress of these ambitious goals is crucial. The success of these initiatives depends on thorough planning, execution, and transparent reporting. Whether Adani Group's promises will materialise into actual contributions towards a sustainable future remains to be seen.