ReNew Cuts Scope 1 and 2 Emissions by 25.6% as Clean Power Generation Reaches 24.7 Billion Units
ReNew Energy Global has reduced its Scope 1 and 2 greenhouse gas emissions by 25.6% against its FY2021-22 baseline, exceeding its FY2025-26 target of 23.5%, according to the company’s latest integrated report.
The renewable energy and decarbonisation company also generated 24.7 billion units of clean electricity during FY2025-26, equivalent to powering approximately 21.2 million households and avoiding around 20.8 million tonnes of CO₂e emissions annually.
The results were published in ReNew’s third annual Integrated Report, Beyond Boundaries: Decarbonising Value Chains to Deliver Climate Value at Scale – Responsible Innovations for a Sustainable Tomorrow. The report highlights the company’s expansion beyond renewable power generation into areas including manufacturing, energy storage, digital technologies and emerging climate solutions.
ReNew said it has maintained carbon neutrality for the sixth consecutive year while progressing towards its SBTi-validated Net Zero 2040 commitment. Renewable sources accounted for 84% of the electricity consumed by the company, with ReNew targeting 100% renewable electricity by 2030.
The company also reported progress in water stewardship, saving more than 617 million litres during the year as it works towards its ambition of becoming water-positive by 2030.
ReNew’s decarbonisation efforts extend across its supply chain and customer operations. ESG assessments have now been completed for all critical suppliers, with the programme expanded to Tier 2 suppliers. The company also reported 100% domestic sourcing of steel for wind-tower plates.
Its commercial and industrial solutions portfolio reached 2.23 GW of dedicated capacity, helping customers avoid approximately 3.11 million tonnes of CO₂e emissions.
ReNew’s operational portfolio stood at 12.8 GW across solar, wind, hydro and battery storage as of May 18, 2026. Its manufacturing capacity also expanded to 6.4 GW of solar modules and 2.5 GW of solar cells, supporting the company’s focus on domestic clean-energy supply chains in India.
During FY2025-26, ReNew said it contributed approximately 8% of India’s clean-energy generation. The company also reported total income of INR 150.6 billion, up 38% year on year, while profit after tax more than doubled to INR 10.4 billion.
Beyond its direct emissions performance, ReNew highlighted initiatives aimed at reducing resource consumption and extending the operating life of its assets. Its Project Revival programme restored 621 metric tonnes of critical spares, while the company has introduced a Responsible AI Policy and broader governance framework covering ethical and accountable use of artificial intelligence.
The company’s social programmes reached more than 1.95 million people through initiatives covering education, healthcare, livelihoods, women’s empowerment, water stewardship and community development. Women accounted for 18% of the workforce, 19% of new hires and 15% of STEM positions.
Safety performance also improved, with no employee fatalities reported and the lost-time injury frequency rate falling 52% to 0.10.
ReNew said its latest report has been prepared under the IFRS Integrated Reporting Framework and references international sustainability frameworks including GRI, SASB, the UN Sustainable Development Goals, IFRS S2 and TNFD recommendations. The company has also published its first ESG Data Book and voluntary Business Responsibility and Sustainability Report.
The company reported that 97.61% of revenue and 96.23% of capital expenditure are aligned with the EU Taxonomy, highlighting its focus on increasingly standardised and transparent sustainability reporting as it expands its role across India’s clean-energy and decarbonisation markets.
