- Impact of climate change and extreme weather conditions on operating efficiency and production
- Reputational and operational risk from proximity of projects to biodiversity-rich areas
- Disposal of waste generated from end-of-life solar panels and wind blades
- Restrictions on imports affecting the price or availability of solar equipment
- Inherent safety risks and hazards
- Loss of key employees
ReNew Energy Global PLC
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, ReNew Energy Global PLC disclosed greenhouse gas emissions of 1.1M tCO2e/year. By scope: Scope 1: 681.23 tCO2e/year; Scope 2: 33.6K tCO2e/year; Scope 3: 1.0M tCO2e/year. 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
1.1M tCO2e/year
2022-04 to 2023-03
Renewable Energy
100%
of total energy
Water Usage
359.2K m3/year
2022-04 to 2023-03
Waste
206 tons/year
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 681.23 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 33.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.0M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 1.1M tCO2e/year |
| 2021-04 to 2022-03 | 468.3K tCO2e/year (Scope 1 2 and 3) |
| 2020-04 to 2021-03 | 38.1K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 14.08 MTCO2 Emissions avoided (25% increase YoY)
- 318,708 KL Water saved (48% increase YoY)
- SBTi validated ReNew’s net-zero target by 2040
- 60.54 CO2/kWh carbon intensity of electricity generation (92% lower than Indian power sector and 88% lower than global power sector)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute Scope 1 and 2 GHG emissions by 29.4% by FY 2026-27
- Reduce absolute Scope 3 GHG emissions by 29.4% by FY 2026-27
- Get validated as carbon neutral (Scope 1 and 2) on an ongoing basis
- Source 50% of electricity through clean sources across operations
- Water-positive
📅 Medium-term
- Source 100% of electricity through clean sources
- Net-zero target validated by SBTi
- Validated as carbon neutral for our operations for the third consecutive year
- Pilot an all-women initiative/section across all manufacturing sites
- Zero lost time injuries
🔭 Long-term
- Net-zero GHG emissions by 2040
- Reduce absolute scope 1, 2, and 3 GHG emissions by 90% by FY 2039-40
🌱 ESG Focus Areas
Climate changeEmissions managementEnvironmental and social impact managementBiodiversityWater managementWaste managementSustainable supply chainWorkforce and employment practicesDiversity and inclusionSafetyCommunity welfareSocial responsibilityPolicy advocacyRisk managementEthical conductFinancial performance