Company Directory - Adani Foundation
Company Details - Adani Foundation
Adani Foundation
The CSR arm of the Adani Group, which undertakes various community development and educational programs.
CCI Score
CCI Score: Adani Foundation
-33.15
23.29%
Latest Event
Adani Foundation Educational CSR Initiative
Adani Foundation, through its project 'Utthan', supported community education by felicitating 38 students at Adani Krishnapatnam Port for excellent board exam performance, providing educational materials and coaching support.
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TOADIE
Adani Foundation is currently rated as a Toadie.
Latest Events
- JUN032025
Adani Foundation, through its project 'Utthan', supported community education by felicitating 38 students at Adani Krishnapatnam Port for excellent board exam performance, providing educational materials and coaching support.
- NOV282024
Indian Parliament was rocked by protests as opposition parties accused the government of protecting the Adani conglomerate amid serious fraud and bribery allegations that have also cast a shadow on its CSR arm, the Adani Foundation.
-80
Political Contributions and Lobbying Efforts
June 3
The article details allegations that the Adani conglomerate is receiving government protection, suggesting that political contributions and lobbying efforts are being used to deflect scrutiny. This undermines democratic accountability and is indicative of authoritarian-aligned corporate behavior.
-70
Executive Political Engagement
June 3
The reported incident highlights the involvement of high-level political figures and corporate leadership in downplaying allegations, reflecting a troubling pattern of executive political engagement that prioritizes corporate interests over transparency and accountability.
- NOV262024
US authorities have accused Gautam Adani and associates of paying $265 million in bribes to Indian officials, leading to the cancellation of several high-profile international deals in Kenya, France, Sri Lanka, and Bangladesh.
-50
Business Practices and Ethical Responsibility
June 3
The bribery allegations, which have resulted in the scrapping of major international deals and raised concerns over ethical business practices, indicate a serious disregard for ethical and transparent corporate behavior. Such unethical practices can indirectly bolster authoritarian tendencies by undermining democratic accountability.
Adani Group deals at risk: How countries have reacted after bribery charges
- NOV212024
Adani Group founder and seven executives have been indicted in the US on charges of bribery, fraud, and obstruction of justice. Allegations claim that over $250 million was paid in bribes to secure solar energy contracts, leading to project cancellations in Kenya and raising global concerns over corporate governance and political interference.
-70
Public and Political Behavior
June 3
The indictment demonstrates that the group engaged in bribery to influence political processes, thus undermining democratic accountability and transparency. This negative use of political engagement severely contradicts anti-fascist, socially responsible norms.
-80
Business Practices and Ethical Responsibility
June 3
The scandal exposes deep ethical failings in business practices, with fraudulent conduct and corruption being used to secure lucrative contracts. Such practices contribute to a culture of impunity and undermine both corporate accountability and public trust.
- MAR312022
The 2021-22 annual report from Adani Enterprises Limited revealed that there are no labor unions or employee organizations present, raising concerns about collective worker representation and fair labor practices, despite the company asserting that no human rights complaints were received.
-50
Labor Relations and Human Rights Practices
June 3
The absence of labor unions within the Adani Group suggests a lack of mechanisms for worker representation and collective bargaining, which is a negative indicator for labor rights and fair labor practices. This shortfall, despite claims of addressing human rights issues, raises red flags about the company's commitment to workers, adversely affecting its ethical responsibility rating.
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