Public Profile

Renew

Renew, officially known as Renew Energy, is a leading player in the renewable energy sector, headquartered in India. Founded in 2011, the company has rapidly established itself as a significant force in the solar and wind energy markets, with a strong operational presence across various regions in India. Specialising in the development, operation, and maintenance of renewable energy projects, Renew offers innovative solutions that set it apart from competitors. The company’s commitment to sustainability and efficiency has garnered recognition, positioning it as a trusted partner in the transition to clean energy. With a robust portfolio of over 10 GW of renewable energy assets, Renew has achieved notable milestones, including significant investments and partnerships that enhance its market position. As a pioneer in the industry, Renew continues to drive advancements in renewable technologies, contributing to a greener future.

DitchCarbon Score

How does Renew's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

38

Industry Average

Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

20

Industry Benchmark

Renew's score of 38 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Renew's reported carbon emissions

In 2023, Renew reported total carbon emissions of approximately 1,051,106,000 kg CO2e. This figure includes 681,000 kg CO2e from Scope 1 emissions, 35,067,000 kg CO2e from Scope 2 emissions, and a significant 1,016,860,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by capital goods, which accounted for about 836,312,000 kg CO2e. In 2022, the total emissions were approximately 468,262,000 kg CO2e, with Scope 1 emissions at 628,000 kg CO2e, Scope 2 emissions at 35,334,000 kg CO2e, and Scope 3 emissions reaching about 432,300,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. Renew has committed to the Amazon Climate Pledge, signed on 6 December 2023, demonstrating its dedication to addressing climate change. However, specific reduction targets have not been disclosed. The company continues to focus on reducing its carbon footprint through various initiatives, although detailed plans or targets remain unspecified.

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2021202220232024
Scope 1
8,730,000
000,000
000,000
000,000
Scope 2
42,840
00,000,000
00,000,000
00,000,000
Scope 3
445,840
000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Renew's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Renew is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Renew is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers