ReNew Releases Third Sustainability Report: Driving Decarbonisation
- ReNew’s net-zero targets by 2040 validated by SBTi
- ~14.1 million tons of carbon emissions avoided during FY 2022–23, ~400 times its Scope 1 and 2 emissions
- 318,708 kiloliters of water saved during FY23, a 48% year-on-year increase
- 17,385 GWh of clean energy produced during FY23, enough to power 5 million Indian households annually
- 40% gender diversity of Board members
- 1mn+ lives benefited through CSR programmes, across 500+ villages
GURUGRAM,
The report outlines ReNew’s vital role in India’s energy transition. The company has been striving tirelessly towards strengthening India’s energy and climate security since it was founded in 2011, and has quadrupled its operational capacity since 2017. The report reveals that operations were carbon neutral for the third consecutive year.
As a responsible business, ReNew has also been working continuously with local communities and is implementing a range of sustainable, replicable, and scalable programmes that create measurable socioeconomic and ecological benefits. Through these initiatives the company has benefited over one million individuals in 500 villages and 10 states across
The FY22-23 Sustainability Report can be found at www.renew.com/disclosures-and-reporting
Notes to Editors
About the report:
The ‘Driving Decarbonisation’ sustainability report was prepared in line with best practice as outlined by global standards including the
About ReNew
ReNew is India’s leading decarbonisation solutions company listed on Nasdaq (Nasdaq: RNW, RNWWW). ReNew's clean energy portfolio of approximately 13.7GW on a gross basis as of
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