Hero Future Energies Private Limited
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 23 is lower than 58% 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 2023, Hero Future Energies Private Limited reported total carbon emissions of approximately 2,700,000,000 kg CO2e, with emissions distributed across all three scopes: 348,410 kg CO2e for Scope 1, 5,816,120 kg CO2e for Scope 2, and the majority, 2,700,000,000 kg CO2e, attributed to Scope 3 emissions. This data reflects a significant operational footprint, particularly in Scope 3, which often encompasses indirect emissions from the supply chain and product use. The company has set ambitious climate commitments, aiming to achieve net neutrality for both Scope 1 and Scope 2 emissions by 2025. This target indicates a proactive approach to reducing direct and indirect emissions associated with their operations. The commitment is part of their broader sustainability strategy, which is documented in their latest sustainability report. Hero Future Energies operates as a current subsidiary of Hero MotoCorp Limited, which may influence its sustainability practices and reporting. However, specific reduction targets from the Science Based Targets initiative (SBTi) have not been disclosed. Overall, Hero Future Energies is positioning itself to address its carbon emissions through clear targets and a commitment to sustainability, reflecting a growing trend in the energy sector towards climate responsibility.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,414,441,000 | 000,000 |
| Scope 2 | - | 0,000,000 |
| Scope 3 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Hero Future Energies Private Limited is not participating in any of the initiatives that 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.
