The company’s commitment aligns with the ‘Race To Zero’, the largest ever global alliance for achieving net zero carbon emissions.
ReNew Power recently announced its commitment to achieving net-zero greenhouse gas emissions by 2050. With this commitment, ReNew Power aims to help address the global climate crisis and lead the way in the world’s transition to a low carbon economy.
ReNew’s pledge aligns with the ‘Race To Zero’ campaign – the largest ever global alliance committed for achieving net-zero carbon emissions. At the same time, ReNew Power stands committed to its long-standing program of research and collaboration with businesses, policymakers and non-governmental organisations to accelerate the transition to a net-zero economy.
ReNew Power is playing a leading role in India’s transition to clean energy as one of the largest renewable energy companies in India. Going beyond business, the company has always been at the forefront of the climate action agenda, utilising diversified platforms to mobilise different stakeholders, share knowledge and opinions, discuss strategies, and chart a practical course of action. The company is committed to reducing its carbon footprint through improved energy efficiency, increased renewable energy supply, and reducing network waste.
Speaking about the campaign, Sumant Sinha, Founder, Chairman and CEO of ReNew Power said, “As one of India’s leading renewable energy companies, ReNew Power is committed to tackling climate change by identifying, assessing and managing climate-related risks and opportunities. By extending our support to the ‘Race to Zero’ campaign, we aim to stabilise global emissions by 2050 and create opportunities for low carbon innovations that will drive the transition to a low carbon economy and spur the investment and innovation needed to make the net-zero goal attainable. We endeavor to embed sustainability in the ethos, strategies and practices of our organisation, as well as in product design, to secure sustainable economic growth and prosperity for all.”
The ‘Race To Zero’ campaign is a global effort to rally leadership and support from businesses, cities, regions and investors for a healthy, resilient, zero-carbon future that prevents future threats, creates jobs and unlocks inclusive sustainable growth.
Representing 471 cities, 23 regions, 1,675 businesses, 85 of the biggest investors, and 569 universities, the campaign mobilises a coalition of leading net-zero initiatives. With an objective to build momentum around the shift to a decarbonised economy ahead of COP26, the campaign intends to communicate to governments a resounding signal of businesses, cities, regions and investors that are united in meeting the Paris goals and creating a more inclusive and resilient economy.
For more information, visit: www.renewpower.in