- ReNew becomes one of the pioneers among Indian companies to align with the EU taxonomy, reporting 97.79% of capital expenditure aligned with this classification
- First Annual Integrated Report aligns with the International Integrated Reporting Council Framework as ReNew goes above and beyond to set new standards on ESG
- ReNew sourced 41% of electricity through clean sources across all operations, making quick strides in its journey to reach 50% by FY 2025, as per the company’s stated target
- The report includes achievements such as 40% gender diversity at the Board level and 358 million liters of water saved, which was a ~13% increase YoY
GURUGRAM, India--(BUSINESS WIRE)---- $RNW #CleanEnergySolutions--ReNew Energy Global Plc ("ReNew") (NASDAQ: RNW), India’s leading decarbonization solutions provider, released its first Annual Integrated Report (for FY 2023-24) today. The report titled ‘Innovating Clean Energy Solutions’ reinforces ReNew’s position as a global pioneer in the clean energy landscape while integrating sustainability, nurturing equity, and embodying responsible stewardship.
The report demonstrates ReNew’s commitment to ensure its disclosures go above and beyond any single geographical reporting standard and to continue to advance towards enhanced global reporting standards. ReNew has, for the first time, aligned with the EU Taxonomy and reports 97.79% of its capital expenditure aligned with it. The taxonomy is a classification system that lays out the criteria for economic activities which are aligned with a net-zero trajectory by 2050. This strategic move bolsters sustainable investment and elevates the transparency of its economic activities, in harmony with climate objectives and broader environmental goals.
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