ReNew Commits to Net Zero by 2040 and Bolsters ESG Targets

ReNew Energy Global PLC, India’s leading clean energy company, recently announced its ESG targets including a commitment to hit net zero by 2040 through its latest sustainability report for FY 2021-22. The 2040 commitment is 30 years ahead of India’s 2070 target and more ambitious than the net zero targets of many global energy companies. ReNew intends to achieve this through a comprehensive programme of measures. This will include energy efficiency improvements across offices and sites, clean energy procurement, electrification of fossil-fuel-based equipment, encouraging suppliers for setting SBTi aligned targets,…

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