Adani Group Shines in TIME’s World’s Best Companies of 2024
The Adani Group, headquartered in Ahmedabad, Gujarat, has been featured in TIME’s prestigious World’s Best Companies of 2024 list. This recognition was prepared in collaboration with Statista, a leading global industry ranking and statistics portal.
Key Highlights
This accolade highlights the Adani Group’s commitment to employee satisfaction, revenue growth, and sustainability. It is a testament to the group’s hard work and continuous efforts to push boundaries and deliver excellence across various businesses.
Evaluation Criteria
The World’s Best Companies 2024 list is based on a rigorous analysis across three key dimensions:
- Employee Satisfaction: Surveys conducted in over 50 countries with around 1,70,000 participants assessed companies based on direct and indirect recommendations, work conditions, salary, equality, and overall company image.
- Revenue Growth: Companies with revenues exceeding USD100 million in 2023 and demonstrated growth from 2021 to 2023 were evaluated.
- Sustainability (ESG): Companies were assessed based on standardised ESG KPIs from Statista’s ESG Database and targeted research.
Notably, eight out of eleven listed Adani portfolio companies were considered in this evaluation, reflecting a comprehensive performance across the group. The recognised companies include:
- Adani Enterprises Ltd
- Adani Ports and Special Economic Zone Ltd
- Adani Green Energy Ltd
- Adani Energy Solutions Ltd
- Adani Total Gas Ltd
- Ambuja Cements Ltd
- Adani Power Ltd
- Adani Wilmar Ltd
Headquartered in Ahmedabad, the Adani Group is India’s largest and fastest-growing portfolio of diversified businesses with interests across energy and utilities, transport and logistics, natural resources, and the consumer sectors.
Doubts Revealed
Adani Group -: Adani Group is a big company in India that does many things like building ports, producing electricity, and more. It is based in Ahmedabad, Gujarat.
TIME’s World’s Best Companies -: This is a list made by TIME magazine that shows the best companies in the world based on how happy their workers are, how much money they make, and how they help the environment.
Statista -: Statista is a company that collects and shares data and statistics. They helped TIME magazine make the list of the best companies.
Employee satisfaction -: This means how happy and satisfied the workers are with their jobs and the company they work for.
Revenue growth -: This means how much more money a company is making over time. If a company is making more money each year, it has good revenue growth.
Sustainability -: This means doing things in a way that does not harm the environment and can be continued for a long time. It includes using resources wisely and reducing pollution.
Adani Enterprises Ltd -: This is one of the companies in the Adani Group. It does many different things like trading and building infrastructure.
Adani Green Energy Ltd -: This is another company in the Adani Group. It focuses on producing energy from renewable sources like the sun and wind.
Employee surveys -: These are questions asked to workers to find out how they feel about their jobs and the company they work for.
Metrics -: These are measurements or standards used to evaluate and compare things. In this case, they are used to see how well companies are doing in different areas.
