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Services Auxiliary to Financial Intermediation
IN
updated a month ago

R EC Limited

Company website

R EC Limited, also known as Rural Electrification Corporation Limited, is a prominent player in the Indian power sector, headquartered in New Delhi, India. Established in 1969, the company has significantly contributed to the electrification of rural areas across the country, focusing on financing power sector projects and promoting sustainable energy solutions. With a strong presence in various operational regions, R EC Limited primarily engages in providing financial assistance for power generation, transmission, and distribution projects. Its core services include project financing, consultancy, and capacity building, which are distinguished by a commitment to enhancing energy access and efficiency. Recognised for its pivotal role in India's energy landscape, R EC Limited has achieved notable milestones, including the financing of numerous renewable energy initiatives. The company continues to strengthen its market position as a leader in rural electrification and sustainable energy development.

DitchCarbon Score

How does R EC 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.

24

Industry Average

Mean score of companies in the Services Auxiliary to 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.

29

Industry Benchmark

R EC Limited's score of 24 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

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R EC Limited's reported carbon emissions

In 2024, R EC Limited reported total carbon emissions of approximately 12,000,000 kg CO2e, comprising 555,370 kg CO2e from Scope 1, 1,577,170 kg CO2e from Scope 2, and about 10,295,230 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. This represents a significant increase in emissions compared to 2023, where total emissions were around 5,500,000 kg CO2e, with Scope 1 emissions at 281,920 kg CO2e, Scope 2 at 1,320,590 kg CO2e, and Scope 3 at 5,254,770 kg CO2e. R EC Limited does not currently have specific reduction targets or climate pledges in place, as indicated by the absence of documented reduction initiatives or SBTi targets. The company operates as a current subsidiary of Power Finance Corporation Limited, which may influence its emissions reporting and climate strategies. Overall, R EC Limited's emissions data reflects its operational impact, with a notable reliance on Scope 3 emissions, highlighting the importance of addressing supply chain emissions in future climate commitments.

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20232024
Scope 1
281,920
000,000
Scope 2
1,320,590
0,000,000
Scope 3
5,254,770
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. R EC Limited's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for R EC Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

R EC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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