Emissions management Greenhouse gas emissions represent a critical measure in assessing environmental impact. The Adani Portfolio recognises the importance of comprehensive measurement and understanding of these emissions. The Group approach extends beyond quantifying released gas volumes; it comprises a nuanced analysis of precise emission sources and responsible entities. Scope 3 emissions (MTCO 2 e) Year AEL APSEZ AGEL ATGL AESL APL Ambuja ACC AWL Total FY 2022-23 7556516 2023072 480199 1777626 3117794 14484286 3616818 4377253 - 37433564 At the consolidated level, emissions for Adani Portfolio companies experienced a notable increase, primarily due to the same factors that drove a rise in energy consumption. Scope 1 and Scope 2 emissions (MTCO 2 e) Year AEL APSEZ AGEL ATGL AESL APL Ambuja ACC AWL Total FY 2022-23 954308 383053 32599 131755 3262223 49078773 20715844 18122478 614084 93295117 FY 2021-22 907299 322501 31807 126808 3248837 47543356 16782154 16058942 703010 85724714 Total Scope 1 and 2 emissions (MTCO 2 e) FY 2021-22 FY 2022-23 85724714 93295117 Emission intensity (MTCO 2 e/crore of turnover) FY 2021-22 FY 2022-23 606 303 Emissions intensity The emission intensity for Scope 1 & 2 for the Adani Portfolio companies is presented below. In the realm of emissions management, the Adani Portfolio companies exhibited a nuanced approach. Despite a 9% increase in absolute Scope 1 and Scope 2 emissions, a remarkable reduction of 50% in emission intensity (measured in MtCO 2 e per rupee of turnover) was achieved. This achievement owes its success to the strategic implementation of energy-efficient practices, alongside a deliberate shift towards renewable energy and cleaner fuels. The inclusion of new businesses enhanced the turnover, moderating energy intensity. This balance reflects the Group’s commitment to sustainability and showcases its adeptness in navigating the complex landscape of emissions management with professionalism. How the Adani Portfolio is moderating GHG emissions The Adani Portfolio stands at the forefront of a transformative movement, demonstrating a deep commitment to environmental responsibility and sustainable practices. Guided by a proactive approach to climate change, we invested in a range of initiatives aimed at reducing carbon footprint. From pioneering energy efficiency projects and embracing renewable energy sources to revolutionizing our fleet and harnessing solar power, our efforts to reduce emissions is central to how we define success in the pursuit of a greener, more sustainable future. This commitment not only aligns with global climate goals but also underscores our dedication to being a catalyst for positive change in the realm of environmental stewardship.” The Group is investing in the following areas to reduce our carbon footprint:  Energy efficiency initiatives  Decarbonisation of fleet  Green energy from grid  Rooftop solar systems Energy audits and energy efficiency initiatives At Adani Portfolio, audits are conducted to investigate opportunities for reducing energy usage. These audits involve evaluating energy consumption, identifying potential areas for reduction, conducting cost- benefit analyses, and determining potential savings, which can lead to reduced energy consumption, increased productivity, and innovation opportunities. The Group implemented energy efficiency projects to reduce carbon emissions across portfolio companies. The energy consumption was moderated through the installation of energy efficient devices/equipment, lighting systems etc. Fleet decarbonisation The Adani Portfolio recognises the need to decarbonise its fleet. Electric vehicles (EVs) represent a decisive step towards the moderation of greenhouse gas emissions related to transportation. Adani’s portfolio businesses are replacing diesel-based vehicles with EVs through the following initiatives: ATGL: The business switched from diesel to natural gas for their cascade carrying fleet vehicles. This includes light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) and administration vehicles. During the reporting period, business successfully converted all its fleet vehicles to CNG and intends to maintain this status quo in the coming years wherever the CNG ecosystem is already in place. APSEZ: Internal transfer vehicles (ITV) play a vital role in port ESG Report 2022-23 109 108 Adani Group