ReNew Power Makes an Impressive Debut in the CDP Ranking for Climate Change Efforts and Transparency

Published on:
39516082555 f01ea70b83 b

ReNew Power (ReNew Energy Global PLC), India's leading renewable energy IPP, has been recognised by CDP (formerly known as the Carbon Disclosure Project) for its effective disclosure of environmental impact and outstanding environmental management.

Based on the data given by ReNew through CDP's 2022 climate change questionnaire, it achieved a 'B' rating for its initiatives to reduce emissions, mitigate climate risks, and establish a low-carbon economy.

CDP is a non-profit organisation that operates a global disclosure system to help investors, businesses, communities, and states manage their environmental impact. More than 15,000 firms have declared on CDP globally, and ReNew Power is among a select group that debuted with a solid upper-grade 'B' rating, which is higher than Asia's regional average of 'C'.

Chief Sustainability Officer, Vaishali Nigam Sinha, said, "ReNew Power's CDP debut reflects our dedication to a fossil-free future while holding ourselves accountable to our stakeholders. This is one among the many efforts by ReNew to monitor and disclose its performance against the environmental, social, governance, and economic parameters and raise the bar on ensuring sustainable practices across the business. Our excellent performance, as recognised by CDP, across emissions disclosure and verification, risk management processes, and governance lays the foundation for us to be a global benchmark in corporate sustainability in the coming years."

For more company-related news

Source: PRNewswire


Companies Headlines

Iveco Joins UN Global Compact for a Greener Future

Iveco Joins UN Global Compact for a Greener Future

IBM, Deloitte Partner on Sustainability Data Solutions

IBM, Deloitte Partner on Sustainability Data Solutions

Sahara Group Unveils Sustainable Future Plan

ESG Goals Suffer as Green Suppliers Remain Rare

Report: Sustainability Gains Traction Among Executives

SMEs Foster Sustainable Growth with V-Hub's New Series

Southwest Airlines Soars Toward Net Zero

Macquarie Backs SkyNRG's SAF Journey

Union Pacific Recognises 12 Sustainability Champions

cargo-partner Joins Global Sustainability Initiative