Data & Us

Mitigating Scope 2 & 3 Emissions: The India Story

India's Climate Targets

India, being the third-largest emitter of greenhouse gases globally, has made a pivotal commitment to reach net-zero emissions by 2070. This ambitious goal underscores India’s critical role in achieving global climate targets and the need for significant action in reducing Scope 2 and 3 emissions

Green Energy Investment

To support its climate goals, India has pledged $4 billion towards green energy initiatives. This investment is aimed at cutting carbon emissions and transitioning the economy towards more sustainable energy production, directly impacting the reduction of Scope 2 emissions​

India’s Energy Transition

The IEA’s India Energy Outlook 2021 emphasizes India’s significant role in the global energy system, driven by its pivotal shift towards solar power. It highlights the importance of managing both Scope 2 & 3 emissions in the context of rapidly increasing energy demand & infrastructure development

Supply Chain Emissions

A study focusing on the impact of consumption-based PM2.5 emissions from critical supply chains on mortalities in India, emphasizing the need for managing Scope 3 emissions effectively.

Emission Target Setting

The Science Based Targets initiative discusses evolving methodologies and challenges in setting and achieving Scope 3 emissions targets, aiming to catalyze scientific value chain decarbonization.

Steel & Scope 3 GHG

This study details the  complexity of managing downstream supply chain emissions, the lack of visibility and data accuracy, and proposes various decarbonization levers specific to the steel industry.

Meet the Founders

With a foundation built on diverse experiences and a shared passion for sustainability, the founders of ReNewCred, Abhimanyu and Niranjan, bring together a unique blend of expertise to the forefront of climate technology. Abhimanyu, with his journey from inventing sustainable water purifiers to deploying large-scale solar projects, coupled with academic rigor in climate science, mirrors the technical and environmental ethos of ReNewCred. Niranjan, with a rich background in product management and a proven track record of scaling businesses, embodies the operational and strategic growth vision. Together, they aim to democratize climate financing and renewable energy solutions, making the path to Net Zero accessible and achievable for millions.

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