R EC Limited
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.
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.
Industry Benchmark
R EC Limited's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
R EC Limited's reported carbon emissions
In 2023, R EC Limited reported total carbon emissions of approximately 6,000,000 kg CO2e, with a breakdown of 281,920 kg CO2e from Scope 1, 1,320,590 kg CO2e from Scope 2, and 5,254,770 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. The company's revenue for the year was about USD 1.91 billion. For 2024, emissions increased to approximately 10,295,230 kg CO2e, with Scope 1 emissions at 555,370 kg CO2e, Scope 2 at 1,577,170 kg CO2e, and Scope 3 emissions rising significantly to 10,295,230 kg CO2e. The revenue for this year was around USD 2.27 billion. Despite these figures, R EC Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for the company to enhance its sustainability strategy and align with industry standards for climate action.
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| 2023 | 2024 | |
|---|---|---|
| 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
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.
R EC Limited is not committed to any reduction initiatives 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.
