Reliance Industries Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-24🗂️ Report periods on file: 2023-24, 2022-23, 2021-22, 2007-04 to 2008-03

In its 2023-24 reporting, Reliance Industries Limited disclosed greenhouse gas emissions of 45.20 Million Tonnes CO2e (Scope 1 and 2). By scope: Scope 1: 0.46 Million Tonnes CO2e (Jio); Scope 2: 4.20 Million Tonnes CO2e (Jio). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
45.20 Million Tonnes CO2e (Scope 1 and 2)
2023-24
⚡
Renewable Energy
8.6% (Hazira), 4.0% (Dahej)
of total energy
💧
Water Usage
227.58 Million kilolitres (total withdrawal)
2023-24
♻️
Waste
14.80 ‘000 MT (hazardous waste disposed) O2C and E&P
2023-24
⚙️
Energy Use
506.18 Million GJ (O2C and E&P)
2023-24

📊 Emissions by Scope (2023-24)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).0.46 Million Tonnes CO2e (Jio)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.20 Million Tonnes CO2e (Jio)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-2445.20 Million Tonnes CO2e (Scope 1 and 2)
2022-2337.1M tCO2e/year (Scope 1) + 850070 tCO2e/year (Scope 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Commissioning of the first train of Module and Cell Manufacturing in FY25 (New Energy)

📅 Medium-term

  • Establish and enable 100 GW of renewable energy by 2030
  • Establish 20 GW Solar capacity for captive needs by 2025

🔭 Long-term

  • Net Carbon Zero by 2035

🌱 ESG Focus Areas

Climate ChangeEnergy TransitionCircular EconomyDiversity & InclusionCommunity DevelopmentHealth, Safety, and Employee Well-beingSustainable Supply Chain ManagementData Privacy and Cybersecurity

⚠️ Challenges & Risks +

  • Climate change and energy transition risks
  • Commodity price volatility
  • Customer experience and retention
  • Oversight over investee companies/alliances
  • Talent acquisition and retention
  • Data privacy risks
  • Cybersecurity risks
  • HSE risks
  • Physical security and natural calamity risks
  • Regulatory compliance risks

📋 Report Information

Reporting Period: 2023-24
Frameworks: Integrated Reporting Framework, GRI Standards, National Guidelines for Responsible Business Conduct (NGRBC), United Nations Sustainable Development Goals (UN SDGs), Task Force on Climate-Related Financial Disclosures (TCFD), International Sustainability & Carbon Certification (ISCC) Plus
Assurance: Deloitte Haskins & Sells LLP and Chaturvedi & Shah LLP