Adani Enterprises controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Carmichael coal mine environmental controversy
The Carmichael coal mine in Queensland became the subject of sustained environmental criticism and legal challenges concerning impacts on ecosystems and compliance with environmental legislation. The controversy concerned the project and its associated Australian business rather than a conventional consumer-brand campaign. The Carmichael mine faced years of legal challenges and campaigning over climate impacts, groundwater, biodiversity, coal transport and shipping risks affecting the broader Great Barrier Reef region. The project proceeded after Australian approvals and began exporting in 2021.
2023
Hindenburg Research allegations and market crisis
Hindenburg Research alleged accounting fraud, stock manipulation, improper use of offshore entities and high leverage across the Adani Group. AEL rejected the allegations. The report was followed by major market volatility, regulatory scrutiny and the withdrawal of AEL's follow-on offering.