Adani Group, led by Chairman Gautam Adani, would invest $100 billion in green energy transformation over a decade. This vow comes as five Adani portfolio companies aspire to achieve net zero emissions by 2050 or sooner.

According to the company, it has achieved great progress in its decarbonization roadmap and aspiration to support global net-zero targets. Five Adani Group firms have established a goal of being net zero by 2050 or earlier: Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, ACC, and Ambuja Cements. These businesses are actively procuring renewables, electrifying operations, and implementing biofuels, as well as deploying waste heat recovery and energy storage technology.

"The roadmap to net zero will necessitate last-mile green hydrogen solutions." Adani's track record in large-scale renewables and fully integrated manufacturing with end-to-end EPC capacity — all in one single place — uniquely positions it to reduce costs. "Over the next decade, the portfolio companies will invest USD 100 billion to achieve energy transition," the organization said in a statement. 

To achieve net zero, a corporation must reduce its carbon emissions to as close to zero as possible in order to support the aim of limiting global temperature increase to 1.5 degrees Celsius.  In an effort to aid in decarbonisation, the Adani portfolio has vowed to plant 100 million trees by 2030.  Adani Energy Solutions has boosted its renewable portion of the whole mix to 38.3 percent, thanks to a collaboration between Adani Energy Solutions and Adani Green Energy, according to the corporation. It has obtained an 86% rating from CSRHUB, a prominent ESG global performance evaluation organization.

Meanwhile, according to Sustainalytics, Adani Green Energy is the highest-rated utility firm in the world, having achieved zero waste to landfill for all operating sites and turning net water positive at all sites of 200 MW or more. Adani Ports & SEZ is also on target to achieve net zero energy by 2040. 

As part of its green hydrogen initiative, Adani Enterprises is constructing three giga factories to produce 10 GW of solar panels, 10 GW of wind turbines, and 5 GW of hydrogen electrolyzers. The business began manufacturing of India's largest wind turbine, a 5.3 MW unit.