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Indian Renewable Energy Development Agency Ltd

Common Name
IREDA
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
160
Ticker
IREDA
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Indian Renewable Energy Development Agency Ltd. is a public sector financial institution dedicated to promoting and developing renewable energy projects across India. As a non-banking financial compan...

IREDA's GHG Emissions Data Preview

In 2025, IREDA completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, IREDA has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
21.74a
25.61a
N/A
Total Scope 2
Unspecified Calculation Method
541.18a
404.62a
749.59b
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0277a
0.0436a
N/A
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Verified Sources Behind IREDA’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. IREDA's Annual Report 2025
b. IREDA's Annual Report 2024

Insights into IREDA's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of IREDA amounted to 562.92 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of IREDA increased by 30.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

IREDA's Scope 1 Emissions Over Time

2024202507142128tCO2e-15%
  • Total Scope 1
  • Year-over-Year Change

What are IREDA's Scope 1 emissions?

In 2025, the total Scope 1 emissions of IREDA were 21.74 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), IREDA's Scope 1 emissions decreased by 15.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are IREDA's Scope 2 emissions?

In 2025, IREDA reported Scope 2 greenhouse gas (GHG) emissions of 541.18 tCO₂e without specifying the calculation method.a

Has IREDA reduced its Scope 2 emissions over time?

Since 2023, IREDA's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 27.8%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), IREDA's Scope 2 emissions (Unspecified Calculation Method) rose by 33.75% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does IREDA use for Scope 2 reporting?

In 2025, IREDA reported its Scope 2 emissions using an unspecified methodology.a

IREDA's Scope 2 Emissions Over Time

2023202420250200400600800tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into IREDA’s GHG Emissions Intensity Compared to Industry Peers

In 2025, IREDA reported Scope 1 greenhouse gas (GHG) emissions of 21.74 tCO₂e and total revenues of USD 785 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.a

IREDA's Scope 1 Emissions Intensity Compared to Peers

205005,000200,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)Credit SaisonYear: 2024Scope 1: 822 tCO2eRevenue: $M 2,775Scope 1 Intensity: 0.30 tCO2e/$MMarui GroupYear: 2025Scope 1: 9,003 tCO2eRevenue: $M 1,696Scope 1 Intensity: 5.31 tCO2e/$MSamsung CardYear: 2024Scope 1: 311 tCO2eRevenue: $M 1,911Scope 1 Intensity: 0.16 tCO2e/$MIPG PhotonicsYear: 2024Scope 1: 41,764 tCO2eRevenue: $M 977Scope 1 Intensity: 42.74 tCO2e/$MGenteraYear: 2024Scope 1: 6,783 tCO2eRevenue: $M 1,845Scope 1 Intensity: 3.68 tCO2e/$MSLMYear: 2023Scope 1: 157 tCO2eRevenue: $M 1,809Scope 1 Intensity: 0.09 tCO2e/$MAcomYear: 2024Scope 1: 1,317 tCO2eRevenue: $M 1,946Scope 1 Intensity: 0.68 tCO2e/$MFar East HorizonYear: 2024Scope 1: 51,912 tCO2eRevenue: $M 5,172Scope 1 Intensity: 10.04 tCO2e/$MAsia Sermkij LeasingYear: 2023Scope 1: 370 tCO2eRevenue: $M 189Scope 1 Intensity: 1.96 tCO2e/$MSBI CardYear: 2025Scope 1: 198 tCO2eRevenue: $M 1,736Scope 1 Intensity: 0.11 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,864Scope 1 Intensity: 0.21 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,565Scope 1 Intensity: 0.12 tCO2e/$MIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MMuthoot FinanceYear: 2025Scope 1: 129 tCO2eRevenue: $M 1,504Scope 1 Intensity: 0.09 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,599Scope 1 Intensity: 0.22 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,672Scope 1 Intensity: 1.59 tCO2e/$MBajaj FinanceYear: 2025Scope 1: 6,169 tCO2eRevenue: $M 4,958Scope 1 Intensity: 1.24 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,096Scope 1 Intensity: 0.15 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 490Scope 1 Intensity: 0.71 tCO2e/$MMahindra FinanceYear: 2025Scope 1: 4,022 tCO2eRevenue: $M 2,161Scope 1 Intensity: 1.86 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 491Scope 1 Intensity: 4.86 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 785Scope 1 Intensity: 0.03 tCO2e/$M

How does IREDA's GHG emissions intensity compare to its peers?

In 2025, IREDA reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does IREDA rank on GHG emissions intensity within its industry?

In 2025, IREDA ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places IREDA among the top performers, with one of the lowest emissions intensities relative to peers.a

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