Azure Power Global Limited, commonly known as Azure Power, is a leading renewable energy company headquartered in New Delhi, India. Founded in 2008, Azure Power has established itself as a key player in the solar energy sector, focusing on the development, construction, and operation of solar power plants across India and other regions. The company is renowned for its innovative approach to solar energy solutions, offering a diverse range of services that include utility-scale solar projects and rooftop solar installations. Azure Power's commitment to sustainability and its ability to deliver cost-effective energy solutions have positioned it as a market leader in the renewable energy industry. With a significant portfolio of solar projects and a strong emphasis on technological advancement, Azure Power has achieved notable milestones, including being one of the first companies to list on the New York Stock Exchange in the renewable energy sector. Its dedication to clean energy continues to drive its growth and influence in the global market.
How does Azure Power'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.
Mean score of companies in the Solar Thermal Electricity 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.
Azure Power's score of 13 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Azure Power reported total carbon emissions of approximately 14.4 million tonnes CO2e. This figure includes 1.5 million tonnes CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 182,000 tonnes CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 12.7 million tonnes CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including upstream transportation and distribution. In 2019, Azure Power's emissions were recorded at 394,000 tonnes CO2e for Scope 1 and 2 combined, with a significant contribution from Scope 3 emissions, which totalled approximately 414.9 billion tonnes CO2e. This indicates a substantial increase in reported emissions over the two years, particularly in Scope 3 categories. While specific reduction targets were not detailed, Azure Power has engaged in various climate initiatives and has been assessed by the Carbon Disclosure Project (CDP), receiving scores ranging from D to C in recent years. These scores reflect their commitment to transparency and climate action, although specific reduction targets or initiatives were not provided in the available data. Overall, Azure Power's emissions profile highlights the challenges of managing extensive Scope 3 emissions, while their participation in CDP assessments indicates a commitment to improving their climate impact and reporting practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2021 | |
---|---|---|
Scope 1 | 114,000 | 0,000,000 |
Scope 2 | 280,000 | 000,000 |
Scope 3 | 414,921,015,000 | 00,000,000 |
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.
Azure Power 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.