MASHINIi

ReNew Energy Global plc.

RNW.US | Electric power generation, transmission and distribution

ReNew Energy Global plc is a renewable energy company based in India. The company develops, builds, owns, and operates utility-scale wind energy, solar energy, and hydro energy projects. It sells electricity generated from these projects under long-term power purchase agreements. ReNew Energy is one...Show More

Ethical Profile

Mixed.

ReNew Energy Global plc, a renewable energy company, demonstrates strong environmental commitment. It has a validated SBTi target to cut emissions by 90% by 2040. In FY24, it avoided 14.08 million MTCO2e, with 97.79% of capital expenditure aligning with EU Sustainable Taxonomy. However, its 2040 net-zero target and 2.47 million MTCO2e in Scope 3 emissions (mainly capital goods) suggest areas for improvement. Critics point to potential risks in ethical sourcing within complex supply chains and land acquisition, allegedly impacting communities. Data on fair pay and honest business practices is largely unavailable.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess ReNew Energy Global plc on Better Health for All.

Fair Money & Economic Opportunity

0

The provided articles did not contain any data relevant to the Fair Money & Economic Opportunity value. returned a 404 error, and explicitly stated that no data was found for RNW.US and no metrics related to Fair Money & Economic Opportunity could be extracted.

1
The company's core business as a renewable energy producer does not inherently involve the financial services activities that these KPIs measure.

Fair Pay & Worker Respect

0

No quantitative data was found in the provided articles for any of the Fair Pay & Worker Respect KPIs.

1
While ReNew Energy Global PLC's sustainability report and human rights policy outline commitments to fair working conditions, minimum wages, equal pay, and safe working environments,
2
they do not provide specific performance metrics such as living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate (TRIR), pay equity ratio, worker engagement score, turnover rate, count of labor violation incidents, insecure contract share, or health insurance coverage.
3

Fair Trade & Ethical Sourcing

0

No evidence available to assess ReNew Energy Global plc on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No specific, concrete data points were found across the provided articles to assess ReNew Energy Global plc against the defined KPIs for Honest & Fair Business. The articles primarily discuss corporate governance guidelines and committee structures but lack quantitative metrics or specific details on regulatory fines, transparency index scores, whistleblower policy strength, financial restatements, audit coverage, ESG controversy, complaint resolution times, board conflict-free percentages, anti-corruption policy details, or third-party verification of ethical claims.

1
While one article mentions a 'Whistle Blower Policy exists', it provides no further details on its strength, enforcement, or specific features required to map to a rubric tier.
2

Kind to Animals

0

No evidence available to assess ReNew Energy Global plc on Kind to Animals.

No War, No Weapons

0

No specific, quantifiable evidence was found in the provided articles to assess ReNew Energy Global plc against any of the 'No War, No Weapons' KPIs. The articles discuss general defense spending, export controls on energy technologies, and solar contracts awarded by the Defense Department to multiple companies, but none provide data directly attributable to ReNew Energy Global plc's revenue from defense contracts, R&D in dual-use technologies, or any other relevant metric.

Planet-Friendly Business

-30

ReNew Energy Global plc reported total Scope 1, 2, and 3 emissions of 2,798,929 tCO2e for FY 2024, with full Scope 1-3 published annually.

1
The company's net-zero target year is 2040, and its net-zero goals are validated by the Science Based Targets initiative (SBTi), with targets for a 29.4% reduction by 2027 and 90% by 2040.
2
For FY 2024, 40.89% of its operational energy consumption was sourced from renewables.
3
The company reported 97.79% of its capital expenditure aligns with the EU Sustainable Taxonomy.
4
ReNew achieved carbon neutrality for Scope 1 and 2 emissions for four consecutive years up to FY 2024.
5
The company reported no water-related regulatory violations, fines, or enforcement orders for FY 2024.
6
It discloses climate-impact data for 100% of suppliers by procurement spend for FY 2022-2023.
7
ReNew has incorporated TCFD guidelines into its strategy, conducted its first Double Materiality Assessment in FY 2023-24, and reports on climate scenario analysis and stranded assets transparency.
8
For FY 2024, 5.3% of its water withdrawal was from water-stressed areas.
9

Respect for Cultures & Communities

0

No evidence available to assess ReNew Energy Global plc on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess ReNew Energy Global plc on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess ReNew Energy Global plc on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.