All Capgemini facilities in India are now operating on 100% Renewable Energy (RE), achieving a new sustainability milestone. This allows the company to avoid over 70,000 tonnes of carbon emissions per annum. The company transitioned to 100% renewable energy through onsite renewable energy generation, offsite renewable energy purchase through power purchase agreements, and green power purchasing through utility programs, all contributing to 83% of renewable energy. The balance of 17% is sourced from Renewable Energy Certificates (RECs).
Renewable Energy Certificates (RECs) are a market-based instrument that certifies the bearer owns one megawatt-hour (MWh) of electricity generated from a renewable energy resource. Once the power provider has fed the energy into the grid, the REC received can then be sold on the open market as an energy commodity.
Commenting on the milestone, Ashwin Yardi, CEO of Capgemini in India and Member of the Group Executive Committee, said, “At Capgemini, sustainability has always been a priority, and, over the years, we have taken significant steps to ensure we reduce our carbon footprint. In India, we have progressed our journey towards our net-zero goal, through this milestone of achieving 100% renewable energy across all offices in India. With the use of innovative technology like Battery Energy Storage Solutions and intelligent Energy Management Systems, we can very clearly see a path towards transforming and decarbonizing the energy industry through technology. We will continue to leverage technology to drive meaningful impact and help nurture a sustainable tomorrow, making our communities future ready.”
