GURGAON, India, Oct. 29, 2021 /PRNewswire/ -- ReNew ("ReNew" or
"the Company") (NASDAQ: RNW), India's leading renewable energy company, has
been ranked 10th by Fortune Magazine in its annual
"Change the World" list for 2021, the highest rank achieved by an
Indian company in this year's list. The annual list by Fortune
recognizes leading businesses that are working to improve human
condition even as they pursue their business goal of seeking
profitable growth.
Citing the reason for selecting ReNew, Fortune magazine says,
"ReNew has the daunting task of building an alternative to fossil
fuels in the nation that is the world's third-largest oil importer
and one of the fastest-growing energy consumers."
Fortune's editorial team identifies companies that are making an
impact on social and environmental issues globally. They evaluate
companies on primarily four factors including impact on societal
issues, business outcomes, innovation, and integration of socially
impactful initiatives with the company's business approach.
Speaking about the recognition, a first for any renewable energy
company from India, Mr
Sumant Sinha, Chairman and CEO of
ReNew said, "It is heartening to see ReNew's name among the top
10 companies that are bringing about a positive change in the
world. This recognition by Fortune is not only a matter of immense
pride for ReNew but also for all those who are striving to contain
the impact of climate change and protect communities from its
adverse fallout. As a company at the vanguard of India's clean energy transition, ReNew will
continue to work towards a cleaner and greener world."
Additional Resources:
- View the entire 2021 Change the World list on Fortune's
website
- ReNew Sustainability Report – 2021 - Read here
- ReNew Corporate Social Responsibility Report 2021 - Read
here
About ReNew Power (or "ReNew"): ReNew is one of the
largest renewable energy Independent Power Producers (IPPs) in
India and globally. ReNew
develops, builds, owns, and operates utility-scale wind and solar
energy projects, hydro projects and distributed solar energy
projects. As of September 30, 2021,
ReNew had a total capacity of approximately 10.2 GW of renewable
energy projects across India
including commissioned and committed projects.
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SOURCE ReNew Power Private Limited