Azure Power, officially known as Azure Power Global Limited, is a leading player in the solar thermal electricity sector, headquartered in India. Founded in 2008, the company has established a strong presence across various regions, focusing on sustainable energy solutions that harness the power of the sun.
Specialising in solar power generation, Azure Power offers a range of innovative services, including utility-scale solar projects and rooftop solar installations. Their commitment to quality and sustainability sets them apart in the industry, making them a preferred choice for renewable energy solutions.
With numerous accolades and a robust portfolio of projects, Azure Power has solidified its position as a market leader in the renewable energy landscape, contributing significantly to India's transition towards cleaner energy sources.
-7 vs industry average
Azure Power’s score of 3 is lower than 22% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Solar Thermal Electricity is among the most carbon-intensive industries
Industry performance
The Solar Thermal Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Azure Power's reported carbon emissions
Azure Power, an electricity generation company headquartered in India, reported emissions of approximately 14.4 million kg CO2e for the year 2021. This total figure comprises Scope 1 emissions of approximately 1.5 million kg CO2e, Scope 2 emissions of approximately 182,000 kg CO2e, and Scope 3 emissions amounting to approximately 12.7 million kg CO2e. The reported Scope 3 emissions primarily include upstream transportation and distribution, with a minor contribution from employee commute. Azure Power's emissions data for 2021 was disclosed in their Sustainability Report. The company has not publicly announced any specific absolute reduction targets or joined initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. As a solar thermal energy provider, the company's operational model is inherently designed to reduce reliance on fossil fuels, contributing to a lower carbon footprint compared to traditional energy sources. Further details on their climate commitments and sustainability strategy can be found in their official reporting.
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Azure Power’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Azure Power yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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