Adani Portfolio: Embracing a renewable energy eco-system RIGHT PLACE AT THE RIGHT TIME WITH THE RIGHT COMMITMENT The world is poised for a renewable energy revolution. Renewable energy is the only plausible solution to achieve energy security and decarbonisation. India is at the forefront of this energy transition. The Indian government has set ambitious energy transition targets, aiming to reach 500 GW RE by 2030. The Adani Portfolio is addressing this seminal energy transition point. Adani New Industries Ltd (ANIL) is developing a comprehensive, integrated ecosystem to produce renewable energy at around the lowest costs in the world. Besides, other Adani Portfolio companies (Adani Green Energy Limited and Adani Enterprises Limited) intend to significantly expand manufacturing capacities for solar and wind technologies. The result: a pioneering end-to- end solution for the production of globally competitive green hydrogen and associated sustainable derivatives at scale. Adani Portfolio: Adani Energy Solutions is single-use plastic free IN OUR SOCIETY, SINGLE-USE PLASTIC IS EVERYWHERE, CHOKING MUNICIPAL PIPES, LITTERING OCEANS AND EMERGING IN ANIMAL DIGESTIVE SYSTEMS. There is a priority to reduce the intensity of single-use plastic (and hence non-recyclable) in everyday life. Adani Energy Solutions charted out an ambitious ‘Top 10 companies in the world in ESG benchmarking of electric utility companies’ goal a few years ago. One project that figured as a part of this goal was emerging free of single-use plastic (aligned with United Nations Sustainable Development Goal: 12). The management at AESL addressed this challenge head-on. The result is that 37 AESL operational sites (30 substations and seven transmission line clusters, including stores) were certified ‘Single-use Plastic Free’ The Confederation of Indian Industry-ITC Centre of Excellence for Sustainable Development certified the Company as ‘Single-use Plastic Free’. As an extension of its responsibility, AESL became the first Indian electrical utility to earn ‘Zero Waste to Landfill’ certification, ‘Water Positive’ certification, and ‘Single- use Plastic Free Company’. The plastic footprint reduction represents a decisive initiative by AESL to transition towards a circular plastics economy by 2030. For better tomorrows. ESG Report 2022-23 77 76 Adani Group