Ahmedabad: Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has taken a significant step in its sustainability journey by mainstreaming the Taskforce on Nature-related Financial Disclosures (TNFD) framework.
The TNFD framework provides organisations with a structured, science-based approach to identify, assess, manage, and disclose their dependencies, impacts, risks, and opportunities related to nature and biodiversity. By integrating this into an enterprise-wide strategy, AGEL strengthens its ambition to transition from traditional ESG compliance to a more integrated, nature-positive model of renewable energy growth, ensuring ecological wellbeing advances alongside clean energy expansion.
Beginning in FY24, AGEL initiated company-wide assessments to map nature-related dependencies, impacts, risks, and opportunities across every operational site. This groundwork—undertaken even before formally joining the TNFD Adopters group—reflects AGEL’s intent to embed nature-related insights into strategic planning rather than treat them as end-of-year regulatory disclosures.
“Nature is central to our growth story. By mainstreaming the principles of the Taskforce on Nature-related Financial Disclosures into our operations, we are identifying opportunities to build resilient ecosystems alongside renewable energy infrastructure. Our approach is to ensure that renewable expansion actively contributes to protecting and restoring natural capital. Addressing nature-related risks in a positive manner is critical for long-term business resilience and sustainable value creation for communities, investors, and the planet,” said Ashish Khanna, CEO, AGEL.
The TNFD framework is a global, science-led initiative founded by the United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife Fund, and Global Canopy. It provides a structured framework for organisations to identify, assess, manage, and disclose nature-related risks and opportunities.
By aligning with the TNFD framework, AGEL strengthens its leadership among global renewable companies integrating biodiversity considerations into strategic decision-making, supporting both global conservation priorities and India’s climate leadership.
AGEL is also a signatory to the India Business Biodiversity Initiative (IBBI and IBBI 2.0). Reaffirming its long-term biodiversity goal, AGEL has committed to achieving No Net Loss of Biodiversity by 2030, supported by its plan to plant 27.86 million trees across project locations.
