Adani Green Energy Awarded Highest ESG Rating
Adani Green Energy Limited (AGEL) announced on April 14, 2026 that it has been awarded a rating CareEdge rating of CareEdge-ESG 1+. The rating was awarded by CARE ESG Ratings Ltd (CareEdge-ESG), a SEBI-registered issuer-pays ESG rating provider (ERP)and a wholly-owned subsidiary of CARE Ratings Ltd.
AGEL had a ESG score of 87.3, the highest given by CareEdge-ESG. A press release by CareEdge-ESG said the rating reflected AGEL’s strong commitment to sustainable practices within the renewable energy sector. It has demonstrated leadership across its environmental, social and governance (ESG) journey, where it outperformed the industry median across several key themes. It showed a robust performance in areas as diverse as climate change risk management, water stewardship, waste management and biodiversity conservation.
Commenting on the rating, the CEO of AGEL, Ashish Khanna, said, “Receiving the highest ESG score is a strong endorsement of Adani Green Energy’s commitment to integrating sustainability at scale. This recognition validates our disciplined approach to ESG governance, proactive climate-risk management, and long-term value creation for all stakeholders.
Our certification across zero waste-to-landfill, single-use plastic-free, and net water-positive operations demonstrates that large-scale renewable energy development can be responsible and resilient. By combining positive community impact with advanced digitisation and cutting-edge technologies, we are reinforcing our position as a global leader in sustainable energy while meaningfully contributing to the global energy transition.”
CareEdge-ESG CEO Saikat Roy also commented, “Adani Green Energy Limited’s ESG rating reflects the company’s strong commitment to integrating sustainability considerations into its renewable energy operations and long-term growth strategy. AGEL’s performance demonstrates structured governance of environmental and social risks, supported by well-defined policies, management systems, and transparent disclosures aligned with leading sustainability frameworks, strengthening its credibility with investors and lender in an evolving investment landscape where access to capital is increasingly influenced by sustainability performance. This positioning can support the company’s efforts in mobilising finaning for large-scale renewable energy projects, including sustainability-linked and transition-oriented funding. Through this engagement, we aim to support AGEL in advancing its sustainability journey, strengthening its role in mobilizing sustainable finance for India’s low-carbon energy future, and accelerating the clean and climate-resilient energy transition.”
