Inox Green Energy Services Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04 to 2023-03, 2021-22

In its 2023-04 to 2024-03 reporting, Inox Green Energy Services Limited disclosed greenhouse gas emissions of 2.5K Mt CO2e/year. By scope: Scope 1: 1.5K Mt CO2e/year; Scope 2: 92 Mt CO2e/year; Scope 3: 1.0K Mt CO2e/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
2.5K Mt CO2e/year
2023-04 to 2024-03
💧
Water Usage
7.4K kL/year
2023-04 to 2024-03
♻️
Waste
27.9 tons/year
2023-04 to 2024-03
⚙️
Energy Use
18.7K GJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.5K Mt CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.92 Mt CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.0K Mt CO2e/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 periodHeadline emissions figure reported
2023-04 to 2024-032.5K Mt CO2e/year
2022-04 to 2023-031.0K Mt CO2e (Scope 1 2 and 3 combined)

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

  • Grow O&M portfolio to 6 GW by FY26.

📅 Medium-term

  • Grow O&M portfolio to 10 GW in the following 3-4 years.

🔭 Long-term

  • Align with India's goal of adding substantial wind capacity over the next decade.

🌱 ESG Focus Areas

Climate changeWater managementWaste managementClean energyEmployee well-beingSkill developmentCommunity developmentDiversity & InclusionEthical conductRegulatory complianceTransparency and reportingData privacy and security

⚠️ Challenges & Risks +

  • High employee turnover ratio (27.9%).
  • Slow uptake of advanced technologies (AI, ML).
  • Overreliance on OEMs for spare parts and data.
  • Challenges in land acquisition and transmission connectivity.
  • High competition in the market.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI, UN SDGs
Assurance: Ernst & Young Associates LLP