Natural Gas firm Adani Total charts sustainable, low-carbon path

CSR
Adani Total Gas Ltd (ATGL), a joint venture between India's Adani Group and France's TotalEnergies, said on Thursday that embedding environmental, social and governance (ESG) principles into its business is essential for long-term value creation.

The natural gas distributor said adhering to ESG helps build resilience, foster a sustainability-focused culture and identify opportunities while managing risks in the interests of all stakeholders.

"In today's world, sustainability isn't just an option; it's a fundamental requirement," ATGL said in a regulatory filing.

"Sustainability is woven into the fabric of our values, emphasising environmental stewardship, social accountability, strong governance, and economic vitality."

As part of its environmental efforts, the company is prioritizing reducing carbon emissions through solarization, curbing methane leaks, promoting renewable energy like bio-compressed natural gas and electric mobility.

ATGL said it has mapped all greenhouse gas emissions and is working continuously to minimize them, including by conducting methane leak detection and repair for its networks to reduce fugitive emissions.

On the social side, ATGL is committed to promoting health, safety, community engagement, education, diversity and inclusion, the statement said. It highlighted the Greenmosphere tree plantation initiative aimed at creating a low-carbon society.

The company said it has developed a 10-acre biodiversity park in Ahmedabad, called the ATGL Forest, where more than 200,000 trees have been planted to create an oxygen park for the city.

With an eye on climate change, ATGL said it is working towards low-carbon gas retail by initiating bio-gas and electric vehicle charging infrastructure, with pilot studies planned for blending green hydrogen.

"Our overarching goal is to foster lasting economic prosperity while forging a sustainable and equitable future for everyone involved," the company said.
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