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Adani Green Energy Ltd has integrated the TNFD framework into its sustainability strategy, emphasizing a shift toward nature-positive renewable energy development. The move allows the company to assess and manage biodiversity-related risks while supporting India's climate leadership. AGEL, with a 16.5 GW operating portfolio the largest in India aims for 50 GW by 2030 and is developing a 30 GW plant in Gujarat. It has pledged No Net Loss of Biodiversity by 2030, planning to plant 27.86 million trees, and maintains certifications for water positivity, zero waste-to-landfill, and being single-use plastic-free.
Adani Green Energy Ltd (AGEL) has incorporated the guidance of the Taskforce on Nature-related Financial Disclosures (TNFD) into its core sustainability strategy, signaling a stronger focus on nature-positive renewable energy development. The TNFD, a global initiative founded by the UN Environment Programme Finance Initiative, UN Development Programme, WWF, and Global Canopy, offers a structured approach for organizations to identify, assess, manage, and disclose nature-related risks and opportunities. Advertisement
By aligning with the TNFD framework, AGEL aims to reinforce its leadership among renewable energy companies that integrate biodiversity considerations into strategic decision-making, supporting both global conservation efforts and India's climate goals. The company's approach marks a transition from standard Environmental, Social, and Governance (ESG) compliance to a more comprehensive, nature-positive growth model.
Starting in FY24, AGEL conducted assessments across all its operational sites to map nature-related dependencies, impacts, risks, and opportunities. AGEL CEO Ashish Khanna noted that nature is central to the company's growth, and mainstreaming TNFD principles helps identify ways to build resilient ecosystems alongside renewable energy infrastructure.
AGEL is also a signatory to the India Business Biodiversity Initiative (IBBI and IBBI 2.0) and has committed to achieving No Net Loss of Biodiversity by 2030, supported by plans to plant 27.86 million trees across project locations. The company is recognized as one of the world's leading renewable energy developers, owning and operating utility-scale grid-connected solar, wind, hybrid, and energy storage projects.
Currently, AGEL operates a renewable energy portfolio of over 16.5 GW, the largest in India, spanning 12 states. The company has set an ambitious target of reaching 50 GW by 2030 in alignment with India's decarbonization objectives. Among its major projects is the development of the world's largest renewable energy plant, a 30 GW facility on barren land in Khavda, Gujarat, covering 538 square kilometers five times the size of Paris.
AGEL's operational portfolio is certified as water-positive, single-use plastic-free, and zero waste-to-landfill, reflecting its commitment to sustainable growth while expanding India's clean energy capacity.
Source PTI
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