Adani’s Role As A Responsible Miner Rising About Adani Hasdeo Case

1. ADANI’S ROLE AS A RESPONSIBLE MINER: RISING ABOUT ADANI HASDEO CASE

2. Adani Enterprises, the flagship company of the Adani Group, is quite well-known for its mining ventures. The company is responsible for carrying out various projects under the umbrella of the Adani Group. It has various mining projects in India including the Adani Hasdeo project the group also takes care of international mining ventures including the Carmichael project. Adani Enterprises is also known for its sustainable practices in its mining ventures. The group has integrated sustainability into its core business strategy to ensure the smooth implementation of various measures across the organisation. It has also established a sustainability governance mechanism.

3. How Did The Adani Group Become A Responsible Miner? • Corporate governance: Adani Enterprises’ idea of corporate governance is all about meeting the strategic goals responsibly and in a transparent way while still being accountable to all the stakeholders. The company has a robust framework of corporate governance that takes into account the long-term interests of every stakeholder. The framework involves the various mechanisms and procedures for enhancing leadership for smooth administration and productive collaboration among the stakeholders. Because of an enhanced corporate governance strategy, the Adani Group has been able to ensure that sustainability is maintained at each stage of mining. It has also been able to ensure that the mining operations are carried out in an extremely streamlined manner. The strategies have also helped the Adani Group overcome the Adani Hasdeo controversies.

4. Compliance and risk management: The Adani Group has also established strong internal control systems and enhanced processes to ensure mining operations are carried out responsibly. It has a dedicated committee to ensure the efficiency and adequacy of the internal control systems including those related to further strengthening the company’s risk management strategy. The company also believes in preparing for uncertainties like the Adani Hasdeo case. It has developed a comprehensive risk management system in compliance with the ISO standards. A compliance department has also been established to ensure that all the mining operations are carried out in compliance with the ongoing rules and regulations. This further highlights the Adani Group’s focus on carrying out its mining operations responsibly.

5. Social responsibility: The Adani Group is quite well known for its commitment towards fulfilling social responsibilities. Since its inception, the company has involved itself in mining ventures. It has been actively taking up various CSR initiatives aimed at bringing about developments in the communities in which it operates. The firm is actively focused on four strategic pillars: health, education, livelihood, and rural infrastructure. As a part of the Adani Hasdeo project, the global business group has brought about a complete transformation to the Hasdeo Arand area. It has ensured that the living conditions of the people change for the better. Healthcare facilities have been provided to people through mobile healthcare units at their doorsteps. A clean drinking water supply has been made available to the villagers. The company has also organised various health camps to spread awareness of different diseases. It has also ensured that the people can earn a source of livelihood for themselves. Various rural infrastructural developments have also been taken up at the mining sites.