APSEZ aims to become the first global carbon-neutral port company by 2025. Last year, it signed up for a Science-based target initiative to set emission reduction targets. Furthermore, Adani, Goa’s coal project (Coal handling project at MTP), leverages sprinkler systems for controlling coal dust emissions
Recently, IIT Roorkee and Indian Maritime University, Visakhapatnam conducted a research that resulted in the development of an environment-friendly maritime transport solution.
With the increasing environmental concerns, the marine sector is witnessing both academic and private sectors undertake all kinds of measures. While the recent endeavour by IIT Roorkee and Indian Maritime University is from the academic sphere, Adani Group is among the corporate players whose initiatives are along the same lines.
In 2018, the state-owned Chennai port developed a green belt in its premises and established an environment monitoring cell as part of its measures to reduce carbon footprint. Boosting the government’s vision of carbon neutrality, major private port operator, the Adani Group, too has been taking necessary steps.
For instance, Adani Goa coal project uses spray at MPT Goa’s coal handling, for reducing coal dust emissions. The group runs one berth at MPT’s coal handling facility, while two berths are operated by JSW and Vedanta, each.
In the firm’s annual report for 2020-21, Karan Adani said that Adani Ports aims to become the first global carbon-neutral port company by 2025, with the entire port cargo operations led by renewable energy. Staying true to its commitment, Adani, whether it is in Goa’s coal project or its projects in other states, has been undertaking various environmental measures.
Even last year, it signed up for a Science-based Targets initiative (SBTi) to set emission reduction targets across its ports. With this, the company became the only port in the country and seventh in the world to sign the commitment letter to SBTi. The latter independently assesses companies’ greenhouse gas emission targets. Likewise, APSEZ also supports Taskforce on Climate-Related Financial Disclosure (TCFD) that makes climate-related financial risk disclosures to the stakeholders of various companies.
“As a group, we are committed to a sustainable future driven by continuous interventions in our processes and operations. APSEZ is committed to SBTi and TCFD to ensure emission reductions are achieved with defined targets towards the goal of becoming carbon neutral,” said Karan Adani.
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APSEZ, a key subsidiary of the Group, is the largest commercial ports operator in India and accounts for almost one-fourth of the cargo movement in the country. Mundra, Dahej, Kattupalli, Vizag and Krishnapatnam Port are some of its port projects across India. In addition to this, holding a minor stake, Adani, at MPT Goa, handles coal and this is the group’s only project in the state.