Waaree Energies Ltd

Common Name
Waaree Energies
Country
India
Sector
Technology
Industry
Solar
Employees
1,804
Ticker
WAAREEENER
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Waaree Energies Ltd. is a prominent player in the renewable energy sector, primarily focusing on the manufacturing and distribution of solar photovoltaic modules. The company's core mission is to harn...

Waaree Energies's GHG Emissions Data Preview

In 2025, Waaree Energies 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, Waaree Energies 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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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Waaree Energies’s Greenhouse Gas (GHG) Emissions Data

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a. Waaree Energies's Sustainability Report 2025
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Insights into Waaree Energies's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Waaree Energies amounted to 93,819.15 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 Waaree Energies increased by 40.81%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Waaree Energies's Scope 1 Emissions Over Time

202420250200400600800tCO2e-42%
  • Total Scope 1
  • Year-over-Year Change

What are Waaree Energies's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Waaree Energies were 357.13 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2024), Waaree Energies's Scope 1 emissions decreased by 42.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Waaree Energies's Scope 2 emissions?

In 2025, Waaree Energies reported Scope 2 greenhouse gas (GHG) emissions of 93,462.02 tCO₂e without specifying the calculation method. a

Has Waaree Energies reduced its Scope 2 emissions over time?

Compared to the previous year (2024), Waaree Energies's Scope 2 emissions (Unspecified Calculation Method) rose by 41.58% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Waaree Energies use for Scope 2 reporting?

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

Waaree Energies's Scope 2 Emissions Over Time

20242025025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Waaree Energies’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Waaree Energies reported Scope 1 greenhouse gas (GHG) emissions of 357.13 tCO₂e and total revenues of USD 1,691 millions. This translates into an emissions intensity of 0.21 tCO₂e per millions USD. a

Waaree Energies's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000200,000Scope 1 Emissions (tCO2e)0.252002,000100,000Revenues (Millions of USD)Firstsource SolutionsYear: 2023Scope 1: 366 tCO2eRevenue: $M 729Scope 1 Intensity: 0.50 tCO2e/$MCoforgeYear: 2025Scope 1: 1,265 tCO2eRevenue: $M 1,410Scope 1 Intensity: 0.90 tCO2e/$MHexaware TechnologiesYear: 2023Scope 1: 2,701 tCO2eRevenue: $M 1,261Scope 1 Intensity: 2.14 tCO2e/$MVakrangeeYear: 2023Scope 1: 27 tCO2eRevenue: $M 24Scope 1 Intensity: 1.11 tCO2e/$MOne 97 CommunicationsYear: 2025Scope 1: 182 tCO2eRevenue: $M 807Scope 1 Intensity: 0.23 tCO2e/$MITIYear: 2023Scope 1: 3,305 tCO2eRevenue: $M 170Scope 1 Intensity: 19.45 tCO2e/$MBirlasoftYear: 2023Scope 1: 76 tCO2eRevenue: $M 584Scope 1 Intensity: 0.13 tCO2e/$MAdani Total GasYear: 2024Scope 1: 80,497 tCO2eRevenue: $M 0Scope 1 Intensity: 396,331.95 tCO2e/$MTata Consultancy ServicesYear: 2024Scope 1: 21,949 tCO2eRevenue: $M 28,888Scope 1 Intensity: 0.76 tCO2e/$MTata TechnologiesYear: 2024Scope 1: 134 tCO2eRevenue: $M 613Scope 1 Intensity: 0.22 tCO2e/$MMphasisYear: 2023Scope 1: 172 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.10 tCO2e/$MZensar TechnologiesYear: 2023Scope 1: 49 tCO2eRevenue: $M 590Scope 1 Intensity: 0.08 tCO2e/$MHappiest Minds TechnologiesYear: 2023Scope 1: 57 tCO2eRevenue: $M 174Scope 1 Intensity: 0.33 tCO2e/$ML&T Technology ServicesYear: 2024Scope 1: 247 tCO2eRevenue: $M 1,157Scope 1 Intensity: 0.21 tCO2e/$MSterlite TechnologiesYear: 2023Scope 1: 8,913 tCO2eRevenue: $M 827Scope 1 Intensity: 10.78 tCO2e/$MKPIT TechnologiesYear: 2024Scope 1: 688 tCO2eRevenue: $M 584Scope 1 Intensity: 1.18 tCO2e/$MLTIMindtreeYear: 2023Scope 1: 1,663 tCO2eRevenue: $M 4,041Scope 1 Intensity: 0.41 tCO2e/$MPersistent SystemsYear: 2025Scope 1: 275 tCO2eRevenue: $M 1,397Scope 1 Intensity: 0.20 tCO2e/$MDixon Technologies (India)Year: 2024Scope 1: 621 tCO2eRevenue: $M 2,112Scope 1 Intensity: 0.29 tCO2e/$MHCL TechnologiesYear: 2024Scope 1: 12,508 tCO2eRevenue: $M 13,180Scope 1 Intensity: 0.95 tCO2e/$MTejas NetworksYear: 2024Scope 1: 720 tCO2eRevenue: $M 278Scope 1 Intensity: 2.60 tCO2e/$MWiproYear: 2024Scope 1: 6,515 tCO2eRevenue: $M 10,763Scope 1 Intensity: 0.61 tCO2e/$MOFSSYear: 2024Scope 1: 372 tCO2eRevenue: $M 764Scope 1 Intensity: 0.49 tCO2e/$MWNS (Holdings)Year: 2024Scope 1: 2,737 tCO2eRevenue: $M 1,323Scope 1 Intensity: 2.07 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$M

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

In 2025, Waaree Energies reported a Scope 1 emissions intensity of 0.21 tCO₂e per millions USD. Compared to the peer group median of 0.55, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Waaree Energies rank on GHG emissions intensity within its industry?

In 2025, Waaree Energies ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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