Hero Future Energies Private Limited Sustainability Profile
Hero Future Energies Private Limited, headquartered in India, is a prominent player in the renewable energy sector, focusing on solar and wind energy solutions. Founded in 2016, the company has rapidly expanded its operations across various regions, contributing significantly to India's clean energy landscape. Specialising in the development, construction, and operation of renewable energy projects, Hero Future Energies stands out for its innovative approach and commitment to sustainability. The company has achieved notable milestones, including the installation of numerous solar and wind farms, which have bolstered its market position as a leader in the industry. With a strong emphasis on cutting-edge technology and environmental responsibility, Hero Future Energies continues to drive the transition towards a greener future, making it a key player in the global renewable energy market.
DitchCarbon Score
How does Hero Future Energies Private Limited'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.
Industry Average
Mean score of companies in the Electricity Transmission 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.
Industry Benchmark
Hero Future Energies Private Limited's score of 33 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hero Future Energies Private Limited's reported carbon emissions
In 2024, Hero Future Energies Private Limited reported total carbon emissions of approximately 2,746,840 kg CO2e, comprising 477,210 kg CO2e from Scope 1 and 2,463,040 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were significant, with 33,496,900 kg CO2e attributed to purchased goods and services, alongside other categories such as capital goods (300,200 kg CO2e), business travel (164,380 kg CO2e), employee commute (354,000 kg CO2e), and waste generated in operations (11,090 kg CO2e). The company has set ambitious climate commitments, aiming to achieve net neutrality for both Scope 1 and Scope 2 emissions by 2025. This target reflects a proactive approach to reducing their carbon footprint and aligns with industry standards for climate action. Hero Future Energies operates as a current subsidiary of Hero MotoCorp Limited, which influences its sustainability initiatives and reporting practices. The emissions data and reduction targets are part of a broader commitment to environmental responsibility within the corporate family.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 673,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 170,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 |
How Carbon Intensive is Hero Future Energies Private Limited's Industry?
How Carbon Intensive is Hero Future Energies Private Limited's Location?
Hero Future Energies Private Limited's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Hero Future Energies Private Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hero Future Energies Private Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
