Indian Renewable Energy Development Agency Sustainability Profile
The Indian Renewable Energy Development Agency (IREDA) is a pivotal institution in the renewable energy sector, headquartered in New Delhi, India. Established in 1987, IREDA has been instrumental in promoting and financing renewable energy projects across the country, focusing on solar, wind, biomass, and small hydroelectric power. With a commitment to sustainable development, IREDA offers unique financial products and services tailored to the renewable energy market, including project financing and capacity building. The agency has achieved significant milestones, contributing to India's position as a global leader in renewable energy capacity. Recognised for its efforts, IREDA plays a crucial role in supporting the government's initiatives towards a greener future, making it a key player in the transition to sustainable energy solutions in India.
DitchCarbon Score
How does Indian Renewable Energy Development Agency'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 Financial Intermediation 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
Indian Renewable Energy Development Agency's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Indian Renewable Energy Development Agency's reported carbon emissions
In 2024, the Indian Renewable Energy Development Agency (IREDA) reported total emissions of approximately 899,530 kg CO2e, with all emissions attributed to Scope 2. Notably, Scope 1 emissions were recorded at 0 kg CO2e, indicating no direct emissions from owned or controlled sources. In the previous year, 2023, IREDA's emissions were approximately 749,590 kg CO2e, again solely from Scope 2, with Scope 1 emissions remaining at 0 kg CO2e. IREDA has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The agency's emissions data is not cascaded from any parent organization, and it operates independently in its reporting and climate strategies. Overall, IREDA's focus on renewable energy development positions it within the broader context of India's commitment to reducing carbon emissions and promoting sustainable energy solutions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 749,590 | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Indian Renewable Energy Development Agency's Industry?
How Carbon Intensive is Indian Renewable Energy Development Agency's Location?
Indian Renewable Energy Development Agency'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.
Indian Renewable Energy Development Agency 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.
Tata Cleantech Capital Limited
Adb
India Infrastructure Finance Company Limited
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.