To achieve its goal of becoming the best renewable energy company globally, ReNew recognizes the need for top-notch EH&S practices. With inputs from DuPont Sustainable Solutions and its operations team, ReNew has developed EH&S standards integrated within its organizational culture. ReNew aims to establish a benchmark for EH&S in the renewable energy industry.
Read MOREReNew has an established Environmental & Social Management System (ESMS) which defines a set of policies, procedures, tools and internal capabilities to identify and manage its exposure to the environmental and social risks based on international norms from IFC, ADB, OPEC, FMO, DEG, Gurantco, RABO, JERA and IREDA etc. and aligns its approach to mitigate any impact on people, environment and communities.
Tracking performance and comparing against the established benchmarks or requirements in the ESMS
Recording information in order to track performance and establish relevant operational controls
Establishing key quantitative and qualitative measures for social, environment, health and safety indicators
Verifying compliance against the national laws and regulations and investors’ safeguard requirements, and progress towards the desired outcomes
Reflecting the necessary corrective and preventive actions in the ESMS
Implementing the suggested mitigation measures according to ESMP for each site
ReNew is dedicated to environmental and biodiversity conservation. As a pure-play renewable energy company, it aims to accelerate the energy transition by providing clean energy. The company adheres to its sustainable operations approach and policy, conducting ESIA for all projects to identify possible impacts beyond regulatory requirements.
We acknowledge that water is an essential resource for life and aim to positively impact our employees, customers, communities and other stakeholders through our actions. We are committed to:
We are committed to reducing the waste generated in our operations by adopting the 3R approach. Our sites are advised to adopt waste management practices in compliance with national regulations. We are in the process of defining our KPIs both at the group level and at the business level to monitor the quantum of waste generated.
Though we are at a nascent stage with respect to our operations, we are conscious of the fact that we need to start developing the strategy and framework for the safe disposal of solar panels and wind turbines. ReNew is working with some of the leading academic institutions to identify and develop a sustainable approach to manage the waste to create and implement a circular economy. In order to develop effective renewable waste management framework, ReNew is also working with Indian policy makers to formulate suitable policy guidelines.
ReNew is committed to becoming a carbon neutral company by 2050. In 2020, ReNew worked to develop its greenhouse gas inventory to map its Scope 1 and Scope 2 emissions within the operations. It plans to adopt the Science Based Targets (SBTi) framework to validate its emissions targets and mitigation strategies for off-setting carbon emissions within the operations and across the value chain.
We proactively take initiatives in protecting our biodiversity. As per our ESMS, we are committed to causing the least disturbance to the local ecology of our sites. We strictly follow the recommendations of the ESIA with respect to ecology and we ensure that no additional clearance of land and vegetation takes place apart from the project footprint, and precautionary measures are taken so as not to disturb wildlife due to the movement of project vehicles and machineries.
We undertake bird and bat studies on the recommendations of our ESIA studies and take proactive measures like installation of bird guards and divertors on our transmission lines to mitigate bird collisions due to the same. We have robust internal monitoring and reporting through an online portal, taking data directly from our sites to assess the impact on avifauna due to our operations. We train our staff to monitor internally any incidence of bird collisions and report on regular basis.
A strong internal control mechanism has been put in place to ensure regular monitoring of the performances of our environmental indicators. The business units have internal environmental targets, which is monitored at the CMD level. ReNewers are encouraged to work on improvement initiatives using the IIFC framework.
Through the local site in charge
Through the grievance register
Through email/letter
Types of grievance
Frequency of grievance
Concerned party
Assign grievance to concerned business teams
Work on a suitable solution
Engage with the concerned party for the explanation of the action taken to resolve grievance
ReNew implemented the Road to Excellence Program to efficiently achieve its vision, adopting the globally-recognized EFQM excellence model. The program helped ReNew understand gaps, implement solutions, and improve performance. ReNew received a 5-star rating, a first for a renewable company, power generation company in Asia, and Indian company in five years. The company strives to continue raising the bar in organizational excellence.
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