Tata Power Renewable Energy Limited Sustainability Profile
Tata Power Renewable Energy Limited, a subsidiary of Tata Power, is a leading player in the renewable energy sector in India. Headquartered in Mumbai, the company operates extensively across various regions, focusing on solar, wind, and hydroelectric power generation. Founded in 2010, Tata Power Renewable Energy has achieved significant milestones, including the establishment of one of the largest solar parks in the country. The company offers a diverse range of services, including project development, operation, and maintenance of renewable energy assets. Its commitment to sustainability and innovation sets it apart in the industry. With a strong market position, Tata Power Renewable Energy has been recognised for its contributions to clean energy, making it a key player in India's transition towards a greener future.
DitchCarbon Score
How does Tata Power Renewable Energy 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 Construction Work 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
Tata Power Renewable Energy Limited's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tata Power Renewable Energy Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Tata Power Company Limited, which may influence its climate commitments and performance metrics. While there are no documented reduction targets or specific climate pledges from Tata Power Renewable Energy Limited, it is important to note that it inherits sustainability initiatives and targets from its parent company, Tata Power Company Limited. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are aimed at enhancing transparency and accountability in climate action. As a part of the Tata Group, Tata Power Renewable Energy Limited is likely aligned with broader corporate sustainability goals, focusing on renewable energy solutions to mitigate climate change impacts. However, without specific emissions data or reduction targets, the company's individual climate commitments remain unclear.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 34,500,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 31,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 3,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Tata Power Renewable Energy Limited's Industry?
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Tata Power Renewable Energy Limited's Scope 3 Categories Breakdown
Tata Power Renewable Energy Limited's Scope 3 emissions, which increased by 7% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 80% of Scope 3 emissions.
Top Scope 3 Categories
Tata Power Renewable Energy 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.
Tata Power Renewable Energy 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.
