Company Directory - Adani Solar
Company Details - Adani Solar
Adani Solar
WebsiteAdani Solar is a subsidiary of the Adani Group involved in the manufacturing of solar panels and renewable energy solutions. The company focuses on providing sustainable energy solutions, contributing to the renewable energy movement.
CCI Score
CCI Score: Adani Solar
-28.51
0.02%
Latest Event
US Legal Troubles Expose Regulatory Weaknesses and Unethical Practices at Adani Solar
The scrutiny of a $265 million bribery scheme and regulatory capture allegations highlights serious concerns regarding Adani Solar’s business practices and its influence over regulatory processes, potentially undermining democratic accountability.
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ACCOMPLICE
Adani Solar is currently rated as an Accomplice.
Latest Events
- MAR112025
The scrutiny of a $265 million bribery scheme and regulatory capture allegations highlights serious concerns regarding Adani Solar’s business practices and its influence over regulatory processes, potentially undermining democratic accountability.
-50
Business Practices and Ethical Responsibility
March 18
The article details allegations of a $265 million bribery scheme used to secure government contracts, indicating unethical business practices. Such deceptive practices can contribute to a political environment where corruption undermines accountability, indirectly supporting authoritarian tendencies.
US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
-60
Economic and Structural Influence
March 18
The article exposes significant regulatory capture, highlighting crony relationships and weaknesses in India’s regulatory framework that allowed unethical practices to flourish. This reflects negatively on the company’s influence over economic and structural dynamics, potentially enabling systemic corruption.
US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
- JAN232025
A report from OpenSecrets indicates that Adani Solar USA donated $20,000 through lobbying channels, raising concerns about the company's influence on democratic processes and potential indirect support for authoritarian policies.
-20
Political Contributions and Lobbying Efforts
March 18
The reported $20,000 political contribution made by Adani Solar USA, as documented by OpenSecrets, reflects their engagement in political lobbying efforts. Although the donation is moderate in size, it still underscores corporate involvement in channels that can influence policymaking in ways that may support authoritarian practices, thus raising concerns about democratic accountability.
- JAN012025
Adani Solar, as part of the broader Adani Group, showcases a commitment to sustainable supply chain management by emphasizing due diligence, transparent supplier engagement, and the promotion of fair labor practices. This initiative reflects positive business practices aimed at ethical sourcing and upholding labor rights.
+80
Labor Relations and Human Rights Practices
March 18
The initiative highlights the promotion of fair labor practices which is a key indicator of strong labor relations and adherence to human rights standards. By emphasizing fair treatment and transparent supplier engagement, Adani Solar’s approach supports ethical labor practices.
+80
Supply Chain Ethics
March 18
The article details robust supply chain ethics through clear supply chain due diligence practices, ethical sourcing guidelines, and continuous supplier evaluation. This transparency and proactive engagement in managing the supply chain positively contributes to upholding high ethical standards.
- NOV212024
Adani Solar, a subsidiary of the Adani Group, is implicated in a major bribery scandal allegedly involving US$250 million in bribe payments to secure solar energy contracts, undermining fair political processes and ethical business practices.
-80
Public and Political Behavior
March 18
The bribery allegations, which include top executives allegedly engaging in illicit activities to secure government contracts, signal a serious breach in public and political behavior by subverting democratic processes. Such actions contribute to undermining trust in political integrity and fair governance.
Gautam Adani charged in US with ‘massive’ US$250 million solar contract bribery scheme
-75
Business Practices and Ethical Responsibility
March 18
The allegations of engaging in a massive bribery scheme highlight severe lapses in ethical business practices. Adani Solar's involvement in such a scandal raises significant concerns regarding its commitment to ethical responsibility and transparency in business operations.
Gautam Adani charged in US with ‘massive’ US$250 million solar contract bribery scheme
-60
Economic and Structural Influence
March 18
The scandal also points towards potential regulatory capture, with attempts to conceal the bribery scheme and mislead regulatory bodies and investors. This manipulation of regulatory oversight to favor corporate interests undermines economic and structural integrity.
Gautam Adani charged in US with ‘massive’ US$250 million solar contract bribery scheme
- NOV212024
The U.S. indictment of Gautam Adani on charges related to a bribery scheme in solar energy projects has raised red flags regarding unethical business practices, regulatory capture, and potential distortions in political influence. These factors threaten to undermine both India’s clean energy ambitions and transparent corporate governance.
-65
Public and Political Behavior
March 18
Allegations of bribery and financial misrepresentation hint at corrupt practices that undermine democratic processes and transparency. Such behaviors risk enabling undue political influence, favoring crony capitalism over fair governance.
Adani Indictment Threatens to Upend India’s Clean Energy Ambitions
-85
Business Practices and Ethical Responsibility
March 18
The indictment reveals deep ethical breaches, including alleged bribery and fraudulent financial practices. Such unethical behavior threatens stakeholder trust and compounds the risks of corporate complicity in supporting crony capitalism and authoritarian tendencies.
Adani Indictment Threatens to Upend India’s Clean Energy Ambitions
-70
Economic and Structural Influence
March 18
The fallout from the bribery allegations has led to contract cancellations and heightened scrutiny by international investors, suggesting significant regulatory capture and economic influence. Such dynamics undermine fair market practices and contribute to an environment that may favor authoritarian inclinations.
Adani Indictment Threatens to Upend India’s Clean Energy Ambitions
- DEC312023
In 2023, Adani Solar USA spent $40,000 on lobbying efforts. While this expenditure may be modest compared to other corporations, it demonstrates a deliberate attempt to influence political policy and potentially support structures that undermine democratic accountability. From an anti-fascist perspective, this activity raises concerns regarding corporate complicity in supporting authoritarian practices by leveraging political influence.
-40
Political Contributions and Lobbying Efforts
March 18
The reported spend of $40,000 on lobbying in 2023 indicates that Adani Solar USA is engaging in activities to influence political decisions. Such lobbying efforts, even when modest, can tilt policies in favor of corporate interests, potentially enabling authoritarian practices. This activity is concerning under the 'Political Contributions and Lobbying Efforts' category, as it may indirectly support political environments where corporate power is prioritized over democratic accountability.
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