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GHG Management

Integrating Emissions Management into Business Strategy

Embedding Climate Action

At ReNew, we recognise that climate responsibility extends beyond clean power generation to include our entire value chain covering operations, supply chain, and partnerships. Managing greenhouse gas (GHG) emissions remains a core element of our climate strategy and is critical to achieving our Net Zero goal.

Our target: Achieve Net Zero emissions by 2040.

Key Focus Areas

Carbon Neutrality (Scopes 1 & 2)

Carbon Neutrality (Scopes 1 & 2)

Transparent GHG Accounting (Scope 1, 2, and 3)

Transparent GHG Accounting (Scope 1, 2, and 3)

Internal Carbon Pricing

Internal Carbon Pricing

Clean Energy Adoption and Offsets

Clean Energy Adoption and Offsets

Our GHG footprint

GHG Emissions (tCO₂e)

FY Scope 1 Scope 2 (Mkt.) Scope 3
2022-23 681 33,565 1,016,860
2023-24 637 31,539 2,766,752
2024-25 758 28,649 3,519,783

Total Scope 1, 2 and 3 GHG Emissions (in tCO2e)

In FY 2024–25, Scope 3 emissions accounted for 99% of ReNew’s total GHG emissions for applicable Categories 1-7. We continue to account for 90% of our Scope 3 emissions using inventory-based methods, with the remainder estimated through a hybrid approach.

With the commencement of full-scale module and cell manufacturing operations in FY 2024–25, for our business model, Scope 3 categories 9–12 (Downstream transportation and distribution; Processing of sold products; Use of sold products; End-of-life treatment of sold products) are assessed as not relevant or immaterial in line with the SBTi Corporate Near-term Criteria (companies may not exclude more than 5% of total Scope 3 emissions from their inventories and targets). Accordingly, these categories have been excluded from the Scope 3 boundary. This approach ensures compliance with SBTi guidance while maintaining the accuracy, completeness, and integrity of our GHG inventory.

Related Links

Water Management
Waste Management
Biodiversity Conservation
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