The company has sourced 76% of its electricity from renewables, well ahead of the 2025 target of 50%
ReNew Energy Global, India's leading decarbonization solutions provider, said it reduced 18.6 million tonnes of carbon emissions in FY25 by setting up clean energy capacities.
In FY25, ReNew achieved an 18.2% reduction in Scope 1 and 2 emissions from its FY22 baseline, exceeding the annual target of 12.6% and maintained carbon neutrality for the fifth consecutive year, the company said in its second Annual Integrated Report (for FY 2024-25) titled ‘Scaling New India’s Leap with Clean Energy Solutions: Innovating Sustainably’.
Additionally, the company has sourced 76% of its electricity from renewables, well ahead of the 2025 target of 50%.
Speaking on this milestone, Sumant Sinha, Founder, Chairman, and CEO, ReNew, said, “India is in the middle of a once-in-a-generation clean energy leap, one that will define the world’s future. This year holds special significance as we celebrate ReNew’s 15th year. As a pioneer in the sector, we are growing with purpose, guided by a long-term view that places sustainability at the core of value creation. This Integrated Report goes beyond data; it offers a lens into how we are building a future-ready company that delivers clean energy with integrity, innovation, and real-world impact.”
Water stewardship remained a core focus of ReNew’s sustainability strategy, and with a target to be water-positive by 2030, the company saved over 540 million litres of water, which is an increase of 50% from last year.
The report also highlights key milestones in ReNew’s efforts to enhance sustainability throughout its operations and value chain. It includes the company’s first Life Cycle Assessment (LCA) and verified Environmental Product Declaration (EPD) published with the International EPD System for its solar PV modules. Additionally, ReNew has achieved 100% ESG assessment of its critical suppliers, reaffirming its commitment to a responsible and transparent supply chain.
Cementing its position as a leading clean energy player, ReNew in FY25 generated over 22 billion kWh of clean energy, meeting 2% of India’s electricity demand, equivalent to powering nearly 6 million households. The Company also achieved a commissioned clean energy portfolio of 10.7 GW in the last fiscal, with profits reaching Rs. 4.6 billion.
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