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 30,200,000 kg CO2e from Scope 3, alongside 477,210 kg CO2e from Scope 1 and 2,463,040 kg CO2e from Scope 2. The company has set ambitious targets to achieve net neutrality for both Scope 1 and Scope 2 emissions by 2025, reflecting a commitment to reducing its carbon footprint in the near term. In 2023, the emissions were recorded at 420,030 kg CO2e for Scope 1 and 3,214,880 kg CO2e for Scope 2, indicating a proactive approach to managing emissions. The data for 2022 showed higher emissions, with Scope 1 at 1,139,000 kg CO2e and Scope 2 at 3,474,980 kg CO2e, suggesting a focus on improvement over the years. Hero Future Energies operates as a current subsidiary of Hero MotoCorp Limited, which may influence its sustainability initiatives and emissions reporting. The company is on track to meet its near-term climate commitments, aiming for significant reductions in its operational emissions.
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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?
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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.
