ReNew Tops S&P Global Rankings as India’s Clean Energy Pioneer
ReNew achieves record S&P Global ESG score, strengthening its leadership in India’s clean energy transition and global sustainability.
ReNew Energy Global Plc. has become India’s highest-rated clean energy company in S&P Global’s Corporate Sustainability Assessment, scoring 83 points, the best achieved by an Indian firm in the sector.
The score represents a 14 percent year-on-year improvement and a 102 percent jump since its FY22 debut. With this, ReNew now ranks among the top 10 percent of energy companies worldwide, placing in the 93rd percentile globally as of Oct. 27.
The CSA evaluates ESG performance across areas such as climate strategy, corporate governance, workforce development and cybersecurity.
India’s 1st Energy Firm to Cross 80-Point Mark
This is the first time an Indian clean energy company has surpassed the 80-point mark in the globally respected ESG benchmark. The milestone, ReNew said, reinforces its position as a sustainability leader driving the transition toward clean energy across emerging markets.
The company reported notable gains across ESG pillars: a 27 percent improvement in the social category, 23 percent in governance and 6 percent in environment. These gains, it said, demonstrate a strategic push toward comprehensive sustainability.
‘Sustainability Is Central to Our Growth’
“This recognition reinforces the trust that investors and stakeholders have placed in ReNew’s long-term vision,” said Vaishali Nigam Sinha, co-founder and chairperson – sustainability. “At ReNew, sustainability is not peripheral—it is central to how we unlock value, drive efficiency and grow responsibly.”
She added that the achievement reflects the growing maturity of India’s energy sector, as companies increasingly align environmental ambition with economic opportunity.
Progress on Emissions, Energy and Water
In fiscal 2025, ReNew generated over 22 billion kilowatt-hours of clean energy, avoiding more than 18.6 million tonnes of carbon emissions. It also achieved an 18.2 percent reduction in Scope 1 and 2 emissions from its FY22 baseline, maintaining carbon neutrality for the fifth consecutive year.
The company sourced 76 percent of its electricity from renewables, well ahead of its 2025 target of 50 percent.
ReNew also reported strong progress in water stewardship, saving over 540 million liters of water, a 50% increase from last year. It aims to become water positive by 2030.
Advancing Inclusion and Social Impact
On diversity, women now make up 16 percent of ReNew’s workforce, including 40 percent of board seats, 17 percent of management roles and 12 percent of STEM positions. Its social initiatives have reached more than 1.7 million people.
Listed on Nasdaq under the ticker RNW, ReNew operates a clean energy portfolio totaling about 18.2 gigawatts, including 1.1 GW of battery storage.
The company also has 6.4 GW of solar module and 2.5 GW of solar cell manufacturing capacity, with plans to add another 4 GW of solar cell capacity by 2026.
Through its integrated decarbonization solutions, ReNew said it remains committed to setting new standards in transparency, inclusion and long-term impact.
Nirmal Menon
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