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.

 

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