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GURUGRAM, India, Dec. 23, 2022 /PRNewswire/ -- ReNew Power (ReNew Energy Global PLC), India's leading renewable energy PPIs, has been recognized for its effective environmental impact disclosures for ReNew's business and for ensure good environmental stewardship by the global environmental non-profit organization CDP (formerly known as the Carbon Disclosure Project). ReNew received a 'B' rating for its actions to reduce emissions, mitigate climate risks and develop a low carbon economy, according to data reported by ReNew through CDP's 2022 Climate Change Questionnaire.
CDP is a nonprofit organization that runs a global disclosure system for investors, businesses, cities, and states to manage their environmental impact. Globally, more than 15,000 companies have disclosed to CDP and ReNew Power is among an elite group of companies that have debuted with a strong 'B' top grade rating, which is higher than the Asia regional average of ' C'.
Sustainability Director Vaishali Nigam Sinha said: "ReNew Power's CDP debut reflects our dedication to a future free of fossil fuels while also holding ourselves accountable to our shareholders. This is one of many efforts by ReNew to monitor and disclose its performance against environmental, social, governance and economic benchmarks and raise the bar to ensure sustainable practices across the business Our CDP-recognized excellent performance in emissions disclosure and verification, management processes of risks and governance lays the foundations for us to be a world benchmark in corporate sustainability in the coming years".
About ReNew
ReNew is one of the largest independent renewable energy power producers in India and the world. ReNew develops, builds, owns and operates wind, solar and hydroelectric projects to supply energy to public services as well as companies. As of September 30, 2022, ReNew had a total gross pipeline of ~13.4 GW of renewable energy projects in India, including commissioned and committed projects. For more information, visit www.renewpower.in and follow us on LinkedIn, Facebook, Twitter and Instagram.
Media contacts:
ReNew Power:Shilpa Naranishilpa.narani@renewpower.in
Investor inquiries:Nathan JudgeSubhadip MitraAnunay Shahiir@renewpower.in
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