ReNew Power Announces Commitment to Achieving Net-Zero Emissions by 2050

ReNew has announced its commitment to achieving net-zero emissions by 2050.  With this commitment, ReNew aims to help address the global 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 to achieving net zero carbon emissions.

At the same time, ReNew stands committed to its long-standing program of research and collaboration with businesses, policy makers and non-governmental organizations to accelerate the transition to a net-zero economy. 

ReNew Power is playing a leading role in ’s transition to clean energy as the nation’s largest energy company. Going beyond business, the Company has always been at the forefront of the action agenda, utilizing diversified platforms to mobilize 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 supply, and reducing network waste.

Speaking about the campaign, Sumant Sinha, Founder, Chairman and Chief Executive Officer of ReNew Power said, “As one of ’s leading companies, ReNew Power is committed to tackling climate change by identifying, assessing and managing climate related risks and opportunities.“

He added “By extending our support to the “Race to Zero” campaign, we aim to stabilize 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 organization, 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 mobilizes a coalition of leading net zero initiatives. With an objective to build momentum around the shift to a decarbonized 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 goals and creating a more inclusive and resilient economy.