APSEZ ranks in Dow Jones Sustainability Rising Markets Index, 2020
Adani Group’s port infrastructure arm, Adani Ports and Particular Financial Zone (APSEZ) has ranked 14th within the Transportation and Transportation Infrastructure Sector of Dow Jones Sustainability Rising Markets Index, 2020.
APSEZ is the one firm from India to have been included on this sector.
This initiates the presence of APSEZ on the DJSI Rising Markets Index. It is without doubt one of the most sought-after Sustainability indices on the planet representing prime 10 per cent of the biggest 800 corporations on the planet’s 20 rising markets. The rating is predicated on long-term Atmosphere, Social and Financial, and Governance standards.
As a part of a stringent DJSI ranking course of all responses by APSEZ have been substantiated with inside documentation and real-life examples and audited by an unbiased third celebration to confirm the accuracy of the knowledge supplied, an APSEZ assertion mentioned.
APSEZ was ranked within the prime 20 of each single dimension of the three standards.
In all, simply 11 Indian corporations made it to the DJSI Rising Markets Index this 12 months.
Karan Adani, Chief Government Officer, APSEZ commented, “We are pleased to make an entry into the DJSI Index. As the largest multi-port operator and logistics player in one of the fastest growing markets in the world, we recognise 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,” he added.
DJSI is referred to by most institutional traders to create their portfolios and seen as goal, skilled standards assessed by impartial events.
Good efficiency on this ranking raises visibility amongst traders and permits higher entry to the capital markets, thereby creating greater return for the traders.
This 12 months, the SAM Company Sustainability Evaluation reviews noticed a file climb with 1,386 corporations actively taking part within the Company Sustainability Evaluation.
Market information on CNN.