Adani Green Energy Limited (AGEL), India’s largest renewable power producer, has advanced its sustainability agenda by fully adopting the Taskforce on Nature-related Financial Disclosures (TNFD) framework across its business operations. By doing so, the company is shifting from conventional ESG compliance to a holistic, nature-positive model that ensures biodiversity protection progresses hand in hand with clean energy development.
Beginning FY24, AGEL launched a comprehensive internal exercise to study nature-related dependencies, impacts, risks and opportunities at every existing project site. This exercise was initiated even before the company became part of the TNFD Adopters group, signalling its commitment to embed nature-focused insights directly into long-term planning rather than treating them as annual reporting requirements.
“Nature lies at the core of our development journey. Integrating the TNFD principles into our working systems helps us identify ways to create resilient ecosystems along with renewable energy infrastructure. Our aim is to ensure that the growth of green power supports the conservation and restoration of natural assets. Tackling nature-linked risks proactively is essential for business longevity and for delivering sustainable value to communities, investors and the planet,” said Ashish Khanna, CEO, AGEL.
TNFD is a science-driven global initiative established by the United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife Fund and Global Canopy. It offers a structured methodology for organisations to map, manage and report nature-related opportunities and risks.
By aligning with TNFD, AGEL reinforces its position among the global renewable players that are factoring biodiversity into strategic decisions, contributing both to international ecosystem protection goals and to India’s climate ambitions. AGEL is also a member of the India Business Biodiversity Initiative (IBBI and IBBI 2.0). Staying true to its long-term conservation vision, the company has pledged to ensure No Net Loss of Biodiversity by 2030, backed by its plan to plant 27.86 million trees across its project sites.
Adani Green Energy Ltd (AGEL) is India’s largest and one of the leading renewable energy companies globally, driving the nation’s transition to clean power. The company builds, owns and operates large-scale grid-connected solar, wind, hybrid and energy storage facilities.
AGEL currently operates more than 16.5 GW of renewable capacity across 12 states, the highest in India, and aims to reach 50 GW by 2030 in line with the country’s decarbonisation targets. The company is investing in technology innovation to lower the Levelized Cost of Energy (LCOE) and accelerate mass adoption of affordable green power.
It is developing the world’s largest renewable energy plant—30 GW—on barren land in Khavda, Gujarat, spread across 538 sq. km, five times the size of Paris. AGEL’s operating assets hold certifications for being water positive, free of single-use plastic, and zero waste-to-landfill, reinforcing its mission of enabling sustainable growth.
