Adani Total Gas Limited (ATGL) has demonstrated significant progress in its sustainability efforts, as evidenced by its recent performance in the S&P Global Corporate Sustainability Assessment (CSA). The company has achieved a score of 72 out of 100, placing it in the 85th percentile within the Gas Utility sector.

Sustainability Performance Highlights

ATGL's commitment to environmental, social, and governance (ESG) excellence is reflected in the following key points:

• CSA Score: 72 out of 100
• Percentile Ranking: 85th in the Gas Utility sector
• Score Improvement: 22-point increase over the past three years

Implications of the Assessment

The S&P Global Corporate Sustainability Assessment is a comprehensive evaluation that measures a company's approach to ESG issues. ATGL's high score and percentile ranking indicate:

1. Industry Leadership: The company's position in the 85th percentile suggests it is outperforming many of its peers in the Gas Utility sector in terms of sustainability practices.

2. Continuous Improvement: The 22-point increase over three years demonstrates ATGL's consistent efforts to enhance its ESG performance.

3. Commitment to Sustainability: The score reflects the company's dedication to integrating sustainable practices into its business operations.

Disclosure and Transparency

In line with regulatory requirements, ATGL has promptly disclosed this information to the stock exchanges. The company's disclosure adheres to:

• Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

This level of transparency allows investors and stakeholders to stay informed about the company's sustainability performance and commitments.

Conclusion

Adani Total Gas Limited's achievement in the S&P Global Corporate Sustainability Assessment underscores its progress in aligning business practices with ESG principles. As sustainability continues to be a critical factor for investors and stakeholders, ATGL's performance may positively influence its perception in the market and potentially its long-term value proposition.

Adani Total Gas Limited (ATGL) has issued a clarification regarding recent news about battery storage plans, stating that the information is not related to their company's operations or business activities.

Key Points

• ATGL responded to a news article titled "Adani plans India's biggest battery storage in Gujarat"
• The company emphasized that the news does not pertain to ATGL's operations or business activities
• ATGL stated they have no comments to offer on the matter
• The company attributed recent share price movements to market conditions

Market Impact and Disclosure Commitment

ATGL addressed the recent fluctuations in its share price, stating:

"The movement in the share price of the company is purely due to market conditions and absolutely market driven. The management of the Company neither has any control nor has any knowledge of the reasons for the movement in volume/price of shares."

The company reaffirmed its commitment to transparency, assuring investors that it will continue to make all relevant disclosures in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and its agreements with stock exchanges.

Regulatory Compliance

The clarification was issued in response to inquiries from both the BSE Limited and the National Stock Exchange of India Limited. ATGL's response aligns with its obligations under Regulation 30 of SEBI regulations, which requires prompt disclosure of material events or information.

This statement from Adani Total Gas Limited serves to dispel any potential misconceptions about the company's involvement in the reported battery storage project and reiterates its commitment to keeping investors informed about relevant developments in its business operations.