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Business Standard
4 days ago
- Business
- Business Standard
ReNew cuts 18.6 million tonnes of carbon emissions in FY25 report
ReNew on Tuesday said it reduced 18.6 million tonnes (MnT) of carbon emissions in FY25 by setting up clean energy capacities. Through its water saving initiatives, the company also helped in saving over 540 million litres of water, 50 per cent more than last year, ReNew said in its Second Integrated Report. "The company helped avoid over 18.6 million tonnes of carbon emissions in FY25 and is focused on meeting its SBTi (Science Based Targets initiative) validated net-zero target, a first for an Indian pure-play renewable energy company," the report said. In FY25, ReNew achieved an 18.2 per cent reduction in Scope 1 and 2 emissions from its FY22 baseline, exceeding the annual target of 12.6 per cent and maintained carbon neutrality for the fifth consecutive year. Additionally, the company has sourced 76 per cent of its electricity from renewables, well ahead of the 2025 target of 50 per cent. Sumant Sinha, Founder, Chairman and CEO, ReNew, said, "India is in the middle of a once-in-a-generation clean energy leap, one that will define the world's future. This Integrated Report goes beyond data; it offers a lens into how we are building a future-ready company that delivers clean energy with integrity, innovation, and real-world impact." ReNew is a leading decarbonization solutions company with a clean energy portfolio of 18.5 GW on a gross basis as of June 16, 2025. In addition to being a major independent power producer in India, the company provides end-to-end solutions in the areas of clean energy. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
4 days ago
- Business
- News18
ReNew says it reduced 18.6 MnT of carbon emissions in FY25
Agency: New Delhi, Aug 5 (PTI) ReNew on Tuesday said it reduced 18.6 million tonnes (MnT) of carbon emissions in FY25 by setting up clean energy capacities. Through its water saving initiatives, the company also helped in saving over 540 million litres of water, 50 per cent more than last year, ReNew said in its Second Integrated Report. 'The company helped avoid over 18.6 million tonnes of carbon emissions in FY25 and is focused on meeting its SBTi (Science Based Targets initiative) validated net-zero target, a first for an Indian pure-play renewable energy company," the report said. In FY25, ReNew achieved an 18.2 per cent reduction in Scope 1 and 2 emissions from its FY22 baseline, exceeding the annual target of 12.6 per cent and maintained carbon neutrality for the fifth consecutive year. Sumant Sinha, Founder, Chairman and CEO, ReNew, said, 'India is in the middle of a once-in-a-generation clean energy leap, one that will define the world's future. This Integrated Report goes beyond data; it offers a lens into how we are building a future-ready company that delivers clean energy with integrity, innovation, and real-world impact." ReNew is a leading decarbonization solutions company with a clean energy portfolio of 18.5 GW on a gross basis as of June 16, 2025. In addition to being a major independent power producer in India, the company provides end-to-end solutions in the areas of clean energy. PTI ABI HVA view comments First Published: August 05, 2025, 21:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Upturn
28-07-2025
- Business
- Business Upturn
Nxtra by Airtel signs power-wheeling agreement with AMPIN Energy for 125.65 MW solar-wind hybrid via ISTS
Nxtra by Airtel has taken another major step towards sustainability by expanding its partnership with AMPIN Energy Transition. The two companies have signed a new power-wheeling agreement for 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS)-connected plants. With this, their total renewable energy collaboration now exceeds 200 MW. This additional green energy capacity will be supplied to Nxtra in two phases through captive projects located in Rajasthan and Karnataka. Until now, AMPIN has been delivering solar power to Nxtra's data centres via intra-state open access in states like Uttar Pradesh, Maharashtra, and Odisha. Under the new agreement, AMPIN will expand its renewable energy footprint to 11 more states and bring in advanced ISTS-connected projects and large-scale energy delivery from a single Independent Power Producer (IPP). The move aims to enhance Nxtra's infrastructure efficiency, reduce its carbon footprint, and solidify its position as the country's leading provider of sustainable data centre solutions. AMPIN's scalable energy solutions and focus on long-term partnerships continue to set the benchmark in India's renewable energy space. Nxtra is aligning its efforts with its Net Zero goal, now officially validated by the Science Based Targets initiative (SBTi). It has also joined the global RE100 initiative in June 2024, becoming the first data centre company in India—and only the 14th Indian company overall—to commit to sourcing 100% of its electricity from renewables. With this expanded alliance, Nxtra and AMPIN aim to show how large-scale renewable energy partnerships can reshape the digital infrastructure landscape through innovation, efficiency, and sustainability. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Wire
01-07-2025
- Business
- Business Wire
Titan Group: Announcement of Intention to Acquire Own Shares
BRUSSELS--(BUSINESS WIRE)--Regulatory News: Titan SA (the Company) (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces that its Board of Directors at its latest meeting decided to implement a new share buy-back program in Euronext Brussels and the Athens Exchange, for an amount of up to EUR 10,000,000 and a duration of up to nine months (March 31, 2026), which will begin today, July 1, 2025. The Company may terminate, suspend, or postpone the program if deemed appropriate. The program will be implemented under the terms and conditions approved by the Extraordinary Meeting of Shareholders of 5 May 2025 and Article 15 of the Company's Articles of Association. The bought-back shares will be held as treasury shares and may also be used in the context of share-based remuneration of employees and directors of the Company. The Company will keep the market informed of the progress of the relevant transactions in line with applicable rules and regulations. This press release may be consulted on the website of Titan SA via the below link: For further information, please contact Investor Relations at +30 210 2591 257 About Titan Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs more than 6,000 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The parent company is listed on Euronext and the Athens Exchange. For more information, visit our website at
Korea Herald
30-06-2025
- Automotive
- Korea Herald
Hanon Systems Releases 2024 Sustainability Report
SEOUL, South Korea, June 30, 2025 /PRNewswire/ -- Hanon Systems (KS:018880), a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, is pleased to announce the release of its eighth annual sustainability report, published in both Korean and English for the fourth consecutive year. The 2024 report highlights continued progress in environmental, social, and governance (ESG) performance, including the formal approval of the company's near-term 2030 greenhouse gas (GHG) reduction goals and 2050 net-zero target by the Science Based Targets initiative (SBTi), along with its second consecutive inclusion in the S&P Global Sustainability Yearbook. As part of its long-term climate change strategy, Hanon Systems aims to reduce absolute Scope 1 and Scope 2 emissions by 50% and Scope 3 emissions from purchased good and services by 55% per ton of purchased raw material by 2030, compared to the 2019 baseline. By 2040, the company aims to achieve carbon neutrality by reducing absolute Scope 1, Scope 2, and Scope 3 emissions by 90%. And by 2050, Hanon Systems commits to reach net-zero for all greenhouse gas emissions across the value chain. "We are dedicated to building a sustainable future, driven by continuous technological innovation and a strong commitment to creating value for our customers and shareholders," said Soo Il Lee, Vice Chairman and CEO of Hanon Systems. "We remain committed to advancing ESG initiatives, developing talent, and strengthening global collaboration to reinforce our position as a leading company in future mobility." Since 2022, the company's ESG Committee has been responsible for establishing, managing and overseeing environmental, social and governance matters. The committee approves ESG strategies and implementation plans, and defines mid- to long-term targets. View the report on the company's website here. About Hanon Systems Hanon Systems, founded in 1986, is a global leader in thermal management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning (HVAC), powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit
