ReNew, a major independent power producer in India, has reported significant progress in its environmental sustainability efforts for a recent fiscal year. The company has made substantial strides in reducing carbon emissions, conserving water, and expanding its clean energy portfolio.

Carbon Emission Reduction

ReNew successfully reduced carbon emissions by 18.6 million tonnes through its clean energy capacity additions. This achievement underscores the company's commitment to combating climate change and promoting sustainable energy solutions.

Water Conservation

In a notable improvement from the previous year, ReNew saved over 540 million litres of water, marking a 50% increase in water conservation efforts. This significant boost in water savings demonstrates the company's dedication to responsible resource management.

Emissions Target Surpassed

ReNew has exceeded its annual emissions reduction target, achieving an 18.2% reduction in Scope 1 and 2 emissions from its FY22 baseline. This surpasses the company's initial target of 12.6%, showcasing its ability to deliver on and exceed its environmental commitments.

Carbon Neutrality Milestone

The company has maintained carbon neutrality for five consecutive years, a testament to its long-term commitment to sustainable operations and environmental stewardship.

Renewable Energy Sourcing

ReNew has made significant progress in sourcing its electricity from renewable sources. The company reported that 76% of its electricity now comes from renewables, surpassing its 2025 target of 50%. This achievement highlights ReNew's proactive approach to transitioning towards cleaner energy sources.

Clean Energy Portfolio

As a major independent power producer in India, ReNew operates a substantial clean energy portfolio of 18.5 GW on a gross basis. This extensive portfolio positions the company as a key player in India's renewable energy sector.

Decarbonization Solutions

Beyond its own operations, ReNew is actively contributing to the broader fight against climate change by providing decarbonization solutions. This offering aligns with the growing global demand for sustainable energy alternatives and positions ReNew as a leader in the clean energy transition.

ReNew's comprehensive approach to sustainability, encompassing emissions reduction, water conservation, and clean energy expansion, demonstrates its commitment to environmental stewardship and its role in India's journey towards a more sustainable energy future.