Suzlon becomes India's first energy company to commit to power all manufacturing facilities with 100% renewable energy by 2030

Suzlon Group, India's No.1 Wind Energy Solutions provider, has become the first Indian energy company to join the prestigious RE100 Initiative-a global movement led by Climate Group in partnership with CDP (Carbon Disclosure Project). Suzlon has pledged to use 100% renewable energy by 2030 at all 15 manufacturing facilities, reinforcing its leadership in clean, responsible manufacturing.

This milestone is part of Suzlon's broader decarbonization roadmap - achieving Carbon Neutrality (for Scope 1 and 2 emissions) by 2035 and Net Zero (Scope 1, 2 and 3 emissions) by 2040. Scope 1 covers direct operational emissions, Scope 2 covers indirect emissions from purchased electricity, and Scope 3 spans the entire value chain - from suppliers to the lifecycle of products. With this commitment, Suzlon is embedding sustainability into the very core of its operations, staying true to its founding purpose of combating climate change.

Mr. JP Chalasani, CEO Suzlon Group said, "Joining RE100 is a powerful affirmation of our belief that true leadership in renewable energy begins at home - in how we run our own operations. We are not just delivering clean power to the world; we are ensuring that every megawatt we produce is backed by a manufacturing process powered entirely by renewables. This commitment is both a responsibility to the planet and a promise to future generations - to lead by example, to innovate without compromise, and to embed sustainability into the DNA of everything we do."

Over the last year, Suzlon has made significant progress in advancing its ESG goals, with clear and measurable achievements. The company reached 92.87% carbon neutrality at even plant level in Rotor Blade Unit, Dhule being powered by 100% renewables, reflecting its strong commitment to environmental stewardship. It achieved a 17.19% reduction in energy intensity compared to FY 2023-24 and has cut Scope 1 and Scope 2 emission intensity by 88.51%. Furthermore, renewable energy consumption increased by 80.7%, highlighting Suzlon's dedication to sustainable and efficient growth.

RE100 comprises over 400 of the world's most prominent companies across industries, all unified by the ambition to transition to 100% renewable electricity. Suzlon has been included as first Gold Member from India advancing its commitments towards low carbon, sustainable future.

Shares of Suzlon Energy Limited was last trading in BSE at Rs. 59.59 as compared to the previous close of Rs. 58.01. The total number of shares traded during the day was 6427853 in over 22497 trades.

The stock hit an intraday high of Rs. 59.75 and intraday low of 57.80. The net turnover during the day was Rs. 378100392.00.

Source : Equity Bulls

Keywords

SuzlonEnergy INE040H01021 RE100Initiative ClimateGroup CarbonDisclosureProject