ReNew Tops S&P Global’s Sustainability Rankings For Indian Renewable Energy Firms

Representational image. Credit: Canva

ReNew Energy Global Plc, a leading provider of decarbonization solutions in India, has achieved the highest score among pure-play renewable energy companies in the Indian power sector, according to the latest S&P Global Corporate Sustainability Assessment (CSA). ReNew scored 71 out of 100, showcasing a significant 30% improvement from its FY 2023 score of 55. This impressive performance places ReNew in the top 10% of companies in the global energy sector* and makes it one of only two energy firms in India to cross the 70-point mark, setting a new benchmark for Environmental, Social, and Governance (ESG) excellence.

Vaishali Nigam Sinha, Co-Founder and Chairperson – Sustainability, ReNew, mentioned, “Becoming the highest-rated pure-play renewable energy company in India in the S&P Global CSA ratings is a defining moment for ReNew and solidifies our position as a sustainability leader in the Indian power sector. This achievement highlights our constant focus on sustainable practices, transparency, and fostering a robust ESG culture. It reflects our unwavering commitment to setting new benchmarks for the energy transition in India.”

ReNew’s strong performance in the CSA highlights its dedication to sustainable and responsible business practices. The company’s focus on Integrated Reporting and consistent efforts to enhance transparency and disclosures have been key to earning this recognition. The S&P Global CSA, one of the most established and trusted ESG rating systems globally, reinforces ReNew’s leadership in decarbonization and its pioneering role in driving India’s energy transition.

 

  • Related Posts

    Solar-Planit Software GmbH Announces Leadership Transition

    Solar-Planit Software GmbH, a subsidiary of BayWa r.e. Solar Trade and a specialist in PV system planning and yield simulation software, has announced a change in management. Following the departure…

    GridStor Secures Texas Battery Storage Project, Strengthening Clean Energy Push

    GridStor, a company that develops and operates large-scale battery storage systems, has acquired a 150 MW / 300 MWh battery storage project in Texas from Balanced Rock Power (BRP). This…

    Have You Seen?

    Trump Set to Reimpose ‘Maximum Pressure’ on Iran, Aims to Drive Oil Exports to Zero

    • February 5, 2025
    Trump Set to Reimpose ‘Maximum Pressure’ on Iran, Aims to Drive Oil Exports to Zero

    Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer, Sources Say

    • February 5, 2025
    Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer, Sources Say

    Trade War With China Casts Dark Cloud Over New US LNG Projects

    • February 5, 2025
    Trade War With China Casts Dark Cloud Over New US LNG Projects

    Marathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining Margins

    • February 5, 2025
    Marathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining Margins

    Western Europe’s Biggest Oilfield Shut Down Due to Power Outage

    • February 4, 2025
    Western Europe’s Biggest Oilfield Shut Down Due to Power Outage

    US NatGas Prices Fall 5% on Lower LNG FeedGas, Tariff Delays

    • February 4, 2025
    US NatGas Prices Fall 5% on Lower LNG FeedGas, Tariff Delays

    China Kills Energy Trade With the US, But Initial Impact is Limited: Russell

    • February 4, 2025
    China Kills Energy Trade With the US, But Initial Impact is Limited: Russell

    Japanese Mitsui Considers Supporting a $44-Billion Alaska LNG Project

    • February 4, 2025
    Japanese Mitsui Considers Supporting a $44-Billion Alaska LNG Project

    UK Considers Withdrawing $1-Billion Financing for Mozambique LNG

    • February 4, 2025
    UK Considers Withdrawing $1-Billion Financing for Mozambique LNG

    Shell Resumes Production From UK North Sea Oilfield After Redevelopment

    • February 4, 2025
    Shell Resumes Production From UK North Sea Oilfield After Redevelopment