ESG Ratings & Recognition

Setting Global Standards in ESG

ReNew consistently ranks among the top performers in ESG ratings across renewables and other industries. We became the first Indian electric utility featured in the S&P Global Sustainability Yearbook 2025 and were also listed in Sustainalytics’ 2025 Top-Rated ESG Companies.

Our ESG performance is regularly evaluated by leading global rating agencies. In line with our commitment to enhance our ESG ratings, we have set a goal to be rated Rank among the “Top five (Globally)” in Energy and Utilities by Carbon Disclosure Project (CDP), S&P Global CSA, Sustainalytics and Refinitiv by 2030.

Below is an overview of our recent ESG ratings.

84 (FY 2025)

▲ ~15% year-on-year increase and over 105% rise since FY22 debut

MSCI
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AAA (FY 2025)

Improved from AA in FY 2024

  • Reflects strong management of ESG risks and opportunities
  • Highest possible rating achieved
  • Ranked in the top 19.5% of Utilities companies globally
  • Highest rated in the Utilities sector in India

A (FY 2025)  

▲ Improved from B in FY 2024

  • Advanced two levels from its previous ‘B’ rating in FY 2024
  • First organization in India’s energy sector to achieve this rating, setting a new benchmark for the industry
CDP Supplier Engagement
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A (FY 2025)  

Maintained from A in FY 2024

  • Recognised in Supplier Engagement Leaderboard: A lister
  • Reflects strengthened climate action across our supply chain.

A- (FY 2025)  

Maintained from FY 2024

  • Maintained Leadership Band recognition
  • Reinforces our commitment to water stewardship across operations
LSEG (Refinitiv)
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90.41 (FY 2025)

▲ +6.06 points from FY 2024 (previous score: 84.35)

11.6 (FY 2024)

Low Risk

  • Placed in the Low Risk category for ESG
  • Top 5th Percentile Globally — ranked 507th out of 14,246 companies in the Global Universe
  • Top 2nd Percentile in Utilities — ranked 8th out of 607 companies in the Utilities Industry