Adani Ports and Special Economic Zone (APSEZ) has achieved a milestone as it has ranked among the global top 10 transportation and transportation infrastructure companies in the S&P Global Corporate Sustainability Assessment (CSA) rankings for 2024. APSEZ is the only Indian company to feature in this ranking, which underlines its commitment to corporate sustainability on a global scale. The company has improved its score to 68 out of 100, having gained three points from the previous year, placing it in the 97th percentile within its sector. This reflects the continuous strides made by APSEZ in aligning its operations with sustainability and responsible business practices.
APSEZ is making great strides in all of the sustainability criteria, which show its commitment to transparency, good governance, and sustainable operations. The company scores high marks on supply chain management, cybersecurity, materiality, customer relations, and reporting transparency. It is also ranked as the leader for the second successive year in the environmental dimension.
According to Ashwini Gupta, whole-time director and CEO of APSEZ, “We are deeply committed to the idea that responsible business is not only necessary but also the utmost driving force behind innovation and sustainable success.” He added, “It is rewarding indeed, given what the team has put into the integration of sustainability across all operational facets.” APSEZ continues to work towards its ambitious Net Zero by 2040 target by strictly following a forward-thinking approach on corporate responsibility.
APSEZ, which is the biggest private port operator in India, currently possesses 633 mtpa of cargo handling capacity, which the company aims to scale up to 1 billion mtpa by 2030. APSEZ commands an impressive 24% market share in the nation’s total port capacity by virtue of its presence in 13 ports and terminals located in various places throughout India, putting the firm firmly at the hub of logistics and transportation in India.
On the international front, APSEZ is involved in several international projects, taking the company beyond the Indian shores. It is engaged in the development of a transshipment port at Colombo in Sri Lanka, and it operates at the Haifa Port in Israel and Container Terminal 2 at Dar Es Salaam Port in Tanzania. The company is aiming to increase international cargo volumes from 29 mtpa in 2025 to 150 mtpa by 2030. Thus, this global expansion strategy makes APSEZ an important player in the international transportation and logistics sector.
The financial performance of APSEZ has been quite positive. In the second quarter of fiscal year 2025, the company reported a 39.86% increase in its consolidated net profit, which surged to Rs 2,445 crore compared to the previous year. This growth was driven by a 6.32% rise in revenue from operations, which reached Rs 7,067.02 crore. In December 2024, APSEZ managed 38.4 million metric tonnes (MMT) of cargo, marking an 8% year-on-year growth. This growth was majorly driven by a 22% increase in container volumes and a 7% rise in liquids and gas. For the year-to-date period, APSEZ has handled a total of 332.4 MMT of cargo, reflecting 7% YoY growth.
Analysts and stakeholders have drawn attention to remarkable growth by the company and its sustainability efforts. The forecast made by Elara Capital has predicted that the market share of APSEZ in India will rise to 33% by FY30. However, the company is also strengthening further its logistics business to complement the port operations.
This, therefore, means that APSEZ has continued to be among the top 10 in the S&P Global Corporate Sustainability Assessment rankings for 2024, an indication of the company’s continuous commitment to sustainability, responsible governance, and innovation. The efforts of the company in improving its environmental footprint, enhancing social responsibility, and driving economic growth pave the way for a future that balances business success with global sustainability. With ambitious goals in the future and a robust growth trajectory, APSEZ remains at the vanguard of this port and transportation industry, not only in India but on a global scale as well.