{"id":799177,"date":"2025-01-09T06:33:33","date_gmt":"2025-01-09T11:33:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/renew-becomes-indias-highest-rated-pure-play-renewable-energy-company-in-sp-globals-corporate-sustainability-assessment\/"},"modified":"2025-01-09T06:33:33","modified_gmt":"2025-01-09T11:33:33","slug":"renew-becomes-indias-highest-rated-pure-play-renewable-energy-company-in-sp-globals-corporate-sustainability-assessment","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renew-becomes-indias-highest-rated-pure-play-renewable-energy-company-in-sp-globals-corporate-sustainability-assessment\/","title":{"rendered":"ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment"},"content":{"rendered":"

<\/p>\n

ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment<\/span><\/b><\/p>\n

\n\u25cf ReNew has scored 71, registering a remarkable ~30% enhancement in its score
\n
<\/i><\/b>\u25cf This achievement places ReNew in the top 10 percentile of the global energy sector<\/i><\/b><\/p>\n

GURUGRAM, India–(BUSINESS WIRE<\/a>)–
\nReNew Energy Global Plc (“ReNew”) (NASDAQ: RNW), India\u2019s leading decarbonization solutions provider, has secured the highest score for a pure-play renewable energy company in the Indian power sector in the recently released S&P Global Corporate Sustainability Assessment (CSA) results. Demonstrating a remarkable leap in its Environmental, Social, and Governance (ESG) performance, ReNew scored an impressive 71 out of 100, registering an extraordinary growth of almost 30% from its FY 2023 score of 55.<\/p>\n

\nThis achievement places ReNew in the top 10 percentile of the global energy sector* and marks a ground-breaking milestone as one of the two energy companies in India to surpass the ’70’ score threshold.<\/p>\n

\nSpeaking on this milestone, Vaishali Nigam Sinha, Co-Founder and Chairperson – Sustainability, ReNew, <\/b>said, \u201cBecoming 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.\u201d<\/p>\n

\nReNew\u2019s impressive performance in the CSA reflects its commitment to sustainable and responsible business operations. The Company\u2019s adoption of Integrated Reporting and its continuous improvements in transparency and disclosures have played a key role in achieving this distinction.<\/p>\n

\nAs one of the world\u2019s oldest and most trusted ESG rating systems, the S&P Global CSA underscores ReNew\u2019s leadership in decarbonisation and its role as a pioneer in India\u2019s energy transition.<\/p>\n

Other events<\/b><\/p>\n

\nReNew signed 3 Power Purchase agreements (PPAs) with a combined Renewable Energy capacity of ~1.1 GW, taking its total portfolio as of January 8, 2025, to 17.4** GW on a gross basis. The PPAs include a 50 MW solar PPA with the Solar Energy Corporation of India (\u201cSECI\u201d) at INR 2.60 per unit, a 200 MW RTC PPA (RE ~600 MW) with Railway Energy Management Company Limited (\u201cREMCL\u201d) at INR 4.37 per unit, and a ~250 MW FDRE PPA (~RE 500 MW) with NHPC Limited at INR 4.64 per unit.<\/p>\n

About ReNew<\/b><\/p>\n

\nReNew is a leading decarbonization solutions company listed on Nasdaq (Nasdaq: RNW, RNWWW). ReNew’s clean energy portfolio of ~17.4** GWs on a gross basis as of January 8, 2025, is one of the largest globally. In addition to being a major independent power producer in India, we provide end-to-end solutions in a just and inclusive manner in the areas of clean energy, digitalization, storage, and carbon markets.<\/p>\n

\nFor more information, visit http:\/\/www.renew.com<\/a> and follow us on LinkedIn<\/b><\/a>, <\/b>Facebook<\/b><\/a>, <\/b>Twitter<\/b><\/a> and <\/b>Instagram<\/b><\/a>.<\/p>\n

*As of 8th<\/sup> January 2025, 67% of 261 companies have been assessed for CSA 2024
\n
<\/i>**Includes 300 MW SECI solar asset, for which a definitive sale agreement was signed in December 2024<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250109822351\/en\/<\/a><\/span><\/p>\n

Press Enquiries
\n<\/b>
Shilpa Narani | shilpa.narani@renew.com<\/a><\/p>\n

Investor Enquiries
\n<\/b>
Anunay Shahi, Nitin Vaid | ir@renew.com<\/a><\/p>\n

KEYWORDS:<\/b> Ireland Asia Pacific United Kingdom Europe India<\/p>\n

INDUSTRY KEYWORDS:<\/b> Environment Other Energy Environmental Health Professional Services Alternative Energy Sustainability Green Technology Energy Environmental, Social and Governance (ESG)<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment \u25cf ReNew has scored 71, registering a remarkable ~30% enhancement in its score \u25cf This achievement places ReNew in the top 10 percentile of the global energy sector GURUGRAM, India–(BUSINESS WIRE)– ReNew Energy Global Plc (“ReNew”) (NASDAQ: RNW), India\u2019s leading decarbonization solutions provider, has secured the highest score for a pure-play renewable energy company in the Indian power sector in the recently released S&P Global Corporate Sustainability Assessment (CSA) results. Demonstrating a remarkable leap in its Environmental, Social, and Governance (ESG) performance, ReNew scored an impressive 71 out of 100, registering an extraordinary growth of almost 30% from its FY 2023 score of 55. This achievement … <\/p>\n

Continue reading “ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799177","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renew-becomes-indias-highest-rated-pure-play-renewable-energy-company-in-sp-globals-corporate-sustainability-assessment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ReNew Becomes India\u2019s Highest-rated Pure-play Renewable Energy Company in S&P Global\u2019s Corporate Sustainability Assessment \u25cf ReNew has scored 71, registering a remarkable ~30% enhancement in its score \u25cf This achievement places ReNew in the top 10 percentile of the global energy sector GURUGRAM, India–(BUSINESS WIRE)– ReNew Energy Global Plc (“ReNew”) (NASDAQ: RNW), India\u2019s leading decarbonization solutions provider, has secured the highest score for a pure-play renewable energy company in the Indian power sector in the recently released S&P Global Corporate Sustainability Assessment (CSA) results. 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