Adani Ports and Special Economic Zone Limited announced its inclusion in the Institutional Investor Asia Pacific Institutional Investor Asia Pacific Executive Team Survey honor roll, at the second position in the transportation sector. This recognition sees APSEZ as the only Indian Company among 55 elite Asian companies appreciated by investors from amongst 1,669 companies considered.
The company did well across various parameters of the Investor Relations (IR) Programme, ESG Programme, IR Team, and IR Professionals (on the basis of ratings by both buy-side and sell-side participants). Ashwani Gupta, CEO and Whole-time Director of APSEZ, attributed the same to the robust Investor Engagement and ESG efforts that the company has undertaken. He said, "This win only goes to prove that our team's commitment towards 'Service to Stakeholders,' topnotch in every sense. I thank the investor fraternity for keeping faith in us and for this recognition.".
Apart from that, APSEZ's board of directors came second, and its CEO ranked first among sell-side analysts. In all, the survey saw votes from 4,943 buy-side professionals managing approximately $2 trillion in Asian equities ex-Japan, with 951 unique sell-side analysts pitting companies against one another on financial transparency, the quality of service, communication, ESG practices, board effectiveness, and leadership attributes.
The prestigious list of the 'Container Port Performance Index 2023' brought out jointly by the World Bank and S&P Global Market Intelligence also included those of APSEZ's at its ports. Mundra port secured a ranking of 27, Kattupalli 57, Hazira 68, Krishnapatnam 71 among the top 100 globally.
It also has suitably located ports—on the west and east coasts of India—at APSEZ, which handles significant volumes of 27% of the total in the country.
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