Renew Energy Global PLC

Common Name
Renew Energy Global
Country
United Kingdom
Sector
Utilities
Industry
Utilities - Renewable
Employees
3,988
Ticker
RNW
Exchange
NASDAQ/NGS
Description
Renew Energy Global Plc is a prominent player in the renewable energy sector, focusing on the development and management of clean energy projects. As a key driver in sustainable power solutions, the c...

Renew Energy Global's GHG Emissions Data Preview

In 2024, Renew Energy Global 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).

Renew Energy Global has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Renew Energy Global's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Renew Energy Global amounted to 51,580 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Renew Energy Global increased by 44.29%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Renew Energy Global's Scope 1 Emissions Over Time

2022202320240200400600800tCO2e+8%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Renew Energy Global's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Renew Energy Global were 637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Renew Energy Global reduced its Scope 1 emissions over time?

Since 2022, Renew Energy Global's Scope 1 emissions have increased by 1.43%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Renew Energy Global's Scope 1 emissions decreased by 6.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Renew Energy Global's Scope 2 emissions?

In 2024, Renew Energy Global reported Scope 2 greenhouse gas (GHG) emissions of 31,539 tCOâ‚‚e using the market-based method and 50,943 tCOâ‚‚e using the location-based method.

Has Renew Energy Global reduced its Scope 2 emissions over time?

Since 2022, Renew Energy Global's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 44.18%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Renew Energy Global's Scope 2 emissions (Location-Based) rose by 45.27% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Renew Energy Global use for Scope 2 reporting?

In 2024, Renew Energy Global reported its Scope 2 emissions using the market-based method and using the location-based method.

Renew Energy Global's Scope 2 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Renew Energy Global's Value Chain Emissions

In 2024, Renew Energy Global reported 2,766,752 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Renew Energy Global includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Renew Energy Global's Scope 3 Emissions Over Time

2022202320240700 k1.4 M2.1 M2.8 MtCO2e+135%+172%
  • Total Scope 3
  • Year-over-Year Change

What are Renew Energy Global's Scope 3 emissions?

In 2024, Renew Energy Global reported total Scope 3 emissions of 2,766,752 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Renew Energy Global reduced its Scope 3 emissions over time?

Since 2022, Renew Energy Global's Scope 3 emissions have increased by 540.01%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Renew Energy Global's Scope 3 emissions increased by 172.09%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Renew Energy Global disclose?

In 2024, Renew Energy Global reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Renew Energy Global's Scope 3 emissions?

In 2024, the largest contributors to Renew Energy Global's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 2,476,339 tCOâ‚‚e (89.5%)
  • Purchased Goods and Services (Cat. 1): 167,781 tCOâ‚‚e (6.06%)
  • Upstream Transportation and Distribution (Cat. 4): 72,353 tCOâ‚‚e (2.62%)

Renew Energy Global's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.1%)Capital Goods(Cat. 2)(89.5%)UpstreamTransportation andDistribution(Cat. 4)(2.6%)

Insights into Renew Energy Global's Total Carbon Footprint

In 2024, Renew Energy Global reported a total carbon footprint of 2,818,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 167.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Renew Energy Global's total carbon footprint was Scope 3 emissions, accounting for 98.17% of the company's total carbon footprint, followed by Scope 2 emissions at 1.81%.

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