Decarbonisation: Roadmap and Progress FY22

Decarbonisation: Roadmap and progress

Solid progress on decarbonisation goals

Being an integrated power company, we take cognisance of the role we can play in the global movement to mitigate climate change. We have taken proactive steps towards climate action, and have identified a robust decarbonisation roadmap and targets for making our overall portfolio greener.

Our climate commitment

Objective

Achieve carbon net zero before 2045 by growing renewable generation portfolio and targeting carbon intensity reduction scientifically while aligning ourselves to the global goals of SDG 7 and SDG 13

Decarbonisation

Zero coal-based growth Thermal phase-out upon completion of contractual obligations Thermal operation at benchmark efficiency Afforestation SBTi alignment

Innovation

Distributed generation Storage solutions Home automation Smart grids Carbon mitigation EV charging Infrastructure

Renewable growth

Renewable utility scale growth Rooftop solar Solar pumps Microgrids

Stakeholders

Demand-side management KYEC Club Enerji Be Green Low carbon lifestyle guide Responsible sourcing Green power supply TCFD alignment

Leading utility transition to clean energy

Evolving generation mix

2015

Largely coal-based capacity expansion to meet the growing energy demand in India

2022

Major capacity expansion of greenfield solar capacity Inorganic growth through acquisition of Welspun portfolio

2030

Pursuing new solar and hybrid capacities

2040-2050

Phase-out of all coal‑based generation

Carbon net zero before 2045

Thermal
Clean (non-carbon based)

Committed to Science Based Targets Initiative (SBTi)

Commit

Submit a letter establishing your intent to set a science-based target

MARCH 2021

Develop

Work on an emissions reduction target in line with SBTi’s criteria

Alignment with Businesses & CDP

Submit

Present your target to SBTi for official validation

2023

Communicate

Announce your target and inform your stakeholders

Disclose

Report company-wide emissions and progress against targets on an annual basis

Currently evaluating different options aligned to below 2° Celsius scenarios and fixing yearly reduction targets basis the Sectoral Decarbonisation Approach (SDA)

Setting collaborative and newer benchmarks in carbon mitigation

Our carbon mitigation framework includes initiatives for powering CO₂ savings across stakeholder groups.

Suppliers

Encourage ESG disclosure among Tier-1 suppliers
Responsible supply chain management - ethics, environment, human rights, safety

Business

Stringent targets for carbon intensity reduction
Focus on viable technologies
- Storage technology (hydrogen)
- Carbon capture/mitigation

Employees

Zero emission campus – EVs for in-campus
Mobile app to reduce travel emissions
Paperless office

Customers

Qualification of carbon savings (DSM, ESCO, New businesses)
Green power supply for customers
Digitalise customer processes (Paperless billing and chatbot)

Community

Scaling up Club Enerji as a brand property
Focus on skill-based and virtual volunteering
Refining of Tree Mittra initiative to increase plant survival rates

Back to Home

Being an integrated power company, we take cognisance of the role we can play in the global movement to mitigate climate change. We have taken proactive steps towards climate action, and have identified a robust decarbonisation roadmap and targets for making our overall portfolio greener.

Currently evaluating different options aligned to below 2° Celsius scenarios and fixing yearly reduction targets basis the Sectoral Decarbonisation Approach (SDA)

Our carbon mitigation framework includes initiatives for powering CO2 savings across stakeholder groups.

Our carbon mitigation framework includes initiatives for powering CO₂ savings across stakeholder groups.