New Delhi: Clean energy firm ReNew on Thursday said the company managed to avoid over 14 million tonnes of carbon emissions during the fiscal year ended March 31, 2023. According to its ‘Third Sustainability Report: Driving Decarbonisation’, the company also saved 3.18 lakh kilolitres of water during FY23, a 48 per cent year-on-year increase.
“ReNew’s net-zero targets by 2040 were validated by SBTi which include an interim commitment to reduce absolute Scope 1, 2 and 3 GHG (greenhouse gases) emissions by 29.4 per cent by FY 2026-27, from a base year of FY 2021-22,” it said.