REC Limited

Common Name
REC
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
512
Ticker
RECLTD
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Rec Ltd. is a specialized financial institution that plays a pivotal role in India's power sector. Established to provide financial assistance to power projects across the nation, Rec Ltd. primarily f...

REC's GHG Emissions Data Preview

In 2025, REC 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

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

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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b
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind REC’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. Explore REC’s data sources below and access millions more through our Disclosure Search.

a. REC's Annual Report 2025
a. REC's Annual Report 2025
b. REC's Sustainability Report 2024
b. REC's Sustainability Report 2024

Insights into REC's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of REC amounted to 2,182.99 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 REC increased by 2.37%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

REC's Scope 1 Emissions Over Time

2023202420250150300450600tCO2e+97%-45%
  • Total Scope 1
  • Year-over-Year Change

What are REC's Scope 1 emissions?

In 2025, the total Scope 1 emissions of REC were 306.46 metric tons of CO₂ equivalent (tCO₂e). a

Has REC reduced its Scope 1 emissions over time?

Since 2023, REC's Scope 1 emissions have increased by 8.7%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2024), REC's Scope 1 emissions decreased by 44.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are REC's Scope 2 emissions?

In 2025, REC reported Scope 2 greenhouse gas (GHG) emissions of 1,876.53 tCO₂e without specifying the calculation method. a

Has REC reduced its Scope 2 emissions over time?

Since 2023, REC's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 42.1%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2024), REC's Scope 2 emissions (Unspecified Calculation Method) rose by 18.98% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does REC use for Scope 2 reporting?

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

REC's Scope 2 Emissions Over Time

20232024202505001 k1.5 k2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into REC's Value Chain Emissions

In 2025, REC reported 10,752 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2025 disclosure of REC includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

REC's Scope 3 Emissions Over Time

20232024202503 k6 k9 k12 ktCO2e0%+4%
  • Total Scope 3
  • Year-over-Year Change

What are REC's Scope 3 emissions?

In 2025, REC reported total Scope 3 emissions of 10,752 metric tons of CO₂ equivalent (tCO₂e). a

Has REC reduced its Scope 3 emissions over time?

Since 2023, REC's Scope 3 emissions have remained relatively stable, indicating that REC 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2024), REC's Scope 3 emissions remained relatively stable, indicating that REC 's emissions have plateaued with no significant change in its value chain footprint. a

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

In 2025, REC reported Scope 1 greenhouse gas (GHG) emissions of 306.46 tCO₂e and total revenues of USD 2,550 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD. a

REC's Scope 1 Emissions Intensity Compared to Peers

102002,00050,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)IGo Digit General InsuranceYear: 2025Scope 1: 26 tCO2eRevenue: $M 1,137Scope 1 Intensity: 0.02 tCO2e/$MIndusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MMotilal Oswal Financial ServicesYear: 2024Scope 1: 3 tCO2eRevenue: $M 610Scope 1 Intensity: 0.01 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,077Scope 1 Intensity: 0.15 tCO2e/$MYes BankYear: 2025Scope 1: 4,586 tCO2eRevenue: $M 1,765Scope 1 Intensity: 2.60 tCO2e/$MBank of MaharashtraYear: 2025Scope 1: 804 tCO2eRevenue: $M 1,610Scope 1 Intensity: 0.50 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MBajaj FinanceYear: 2025Scope 1: 6,169 tCO2eRevenue: $M 4,958Scope 1 Intensity: 1.24 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 493Scope 1 Intensity: 4.84 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 468Scope 1 Intensity: 0.74 tCO2e/$MBank of BarodaYear: 2025Scope 1: 1,807 tCO2eRevenue: $M 8,154Scope 1 Intensity: 0.22 tCO2e/$MPunjab National BankYear: 2025Scope 1: 10,621 tCO2eRevenue: $M 6,994Scope 1 Intensity: 1.52 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.34 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MCDSLYear: 2025Scope 1: 5 tCO2eRevenue: $M 127Scope 1 Intensity: 0.04 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MICICI LombardYear: 2024Scope 1: 907 tCO2eRevenue: $M 2,612Scope 1 Intensity: 0.35 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 774Scope 1 Intensity: 0.03 tCO2e/$MIIIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,550Scope 1 Intensity: 0.12 tCO2e/$M

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

In 2025, REC reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 0.34 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2025, REC ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

REC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into REC's Total Carbon Footprint

In 2025, REC reported a total carbon footprint of 12,934.99 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.08% increase compared to 2024, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to REC's total carbon footprint was Scope 3 emissions, accounting for 83.12% of the company's total carbon footprint, followed by Scope 2 emissions at 14.51%. a

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