Adani Filed a 70-Page Report Saying “We Are Responsible” — But Gave Zero Numbers 🤡
📄 At a Glance
CMP: ₹2,400 What we got: A 70-page ESG BRSR report What we wanted: FY25 financials What we got instead: “We recycle water and respect women” Profit? Revenue? Order book? – 🤫 Not their responsibility, apparently.
🧾 What is This Filing?
Adani Enterprises just submitted their Business Responsibility & Sustainability Report (BRSR) for FY25. Sounds serious. Smells corporate. But underneath the jargon, it’s basically:
“We used solar lights at the airport. We hired some women. We planted a tree. Please clap.”
This wasn’t a financial result. This wasn’t even a press release. It was a PowerPoint with lipstick.
🤔 What’s Inside the 70-Page Corporate Jamboree?
Let’s break it down.
🌿 Climate Commitment?
✅ “We used 26 million units of renewable energy” ✅ “We reused 67% of our wastewater” ✅ “Our airports now use LEDs” ❌ “We didn’t say how much we spent on any of this”
🧑🏭 People Practices?
3,611 full-time employees
22,000 contract workers (aka the real workforce)
150 women (yes, out of 3,600 — that’s 4%)
Basically, the safest, most utopian workplace in India. Or maybe just one where nobody talks.
