The Dream 2050 - Laying the path For A 100% Renewable Future

Overall, 23 companies with RE targets have reported 15 TWh of electricity consumption, of which 9% came from renewables

As per the data reported in 2019, the collective electricity consumption of RE100 members is on par with a medium sized country.

RE100 members sourced 87 TWh/yr of renewable electricity in 2018 – up from 72 TWh/yr the year before.

They consumed 228 TWh/yr in 2018 globally, comparable to Indonesia or South Africa.

This means that 38% of their total electricity usage comes from renewables.

RE100 IS THE GLOBAL CORPORATE RENEWABLE ENERGY INITIATIVE bringing together hundreds of large and ambitious businesses committed to 100% renewable electricity. RE100 is led by The Climate Group in partnership with CDP. There are 241 companies [ND1] committed to RE100 initiative globally, of which 5 companies are headquartered in India.

RE100 has continued to expand geographically, with 44% of new joiners in 2019 from across the Asia Pacific.

3

YINGGE WANG DIRECTOR- LONGi BRAND MANAGEMENT DEPARTMENT LONGi GROUP

WHAT IS LON CONSUMPTIO PERCENTAGE RENEWABLE

COULD YOU P LONGi’S PLA 3 OF ITS GREE FOR SOLAR?

4

NGi'S TOTAL ENERGY ON AND WHAT E OF IT COMES FROM E ENERGY SOURCES?

WHAT MADE LONGi JOIN THE RE100 PROGRAM? WHAT HAVE BEEN THE KEY RENEWABLE ENERGY INITIATIVES UNDERTAKEN BY THE COMPANY SO FAR?

WHAT IS LONGi'S OPINION AND STRATEGY ON SOLAR WASTE DISPOSAL/ END-OF-PLANT-LIFE MANAGEMENT?

PLEASE ELABORATE ON ANS TO MOVE TO STAGE EN STRATEGY – SOLAR ?

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

WHAT INITIATIVES HAS LONGi UNDERTAKEN TO HELP OR EDUCATE ITS CUSTOMERS OR RAW MATERIAL SUPPLIERS TO MOVE TO CLEAN ENERGY USE FOR THEIR OPERATIONS? IN OTHER WORDS, WHAT IS THE COMPANY'S MESSAGE TO ITS CUSTOMERS AND VENDORS?

LONGi ADVOCATES THAT PACKAGING MATERIAL IN EACH UNIT BE RECYCLABLE. FOR EXAMPLE, WHEN THE SILICON ROD ARRIVES AT THE SLICING FACTORY, THE PACKAGING MATERIALS IS RETURNED TO THE SILICON ROD FACTORY FOR RECYCLING.

5

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

44%

UNITED STATES OF AMERICA

56%

56%

29,045,374 MWH

38%

18%

UK

82% 82%

3

7%

9,794,022 MWh

OTHER NORTH AMERICA 64%

DENMARK

93%

36%

93%

36%

19%

SWIT

81

508,961 MWh

885,9

A

2,546,848 MWh

3

20%

% OF

RE100 MEMBERS ELECTRICITY USE SOURCED FROM RENEWABLE ENERGY

CENTRAL AND SOUTH AMERICA AND CARIBBEAN

20%

80%

6,843,395 MWH

1,563

9%

OTHER ASIA

9% 91%

EUROPE

62%

8%

JAPAN

5,961,641 MWh

8%

62%

92%

3,280,144 MWh

35,007,585 MWh

25%

TZERLAND

CHINA

1%

25%

81%

75%

990 MWh

3%

AFRICA

3%

68%

INDIA 32%

32%

3,889,512 MWh

3%

97%

3,207 MWh

OCIANIA

2,485,349 MWh

2% 97%

574,250 MWh

Source: RE 100 Annual Report 2018| The Climate Group | CDP

6

MAHENDRA SINGHI MD & CEO

DALMIA CEMENT (BHARAT) LTD.

WHAT MADE YOUR STRIVE TO BE 100%

7

COMPANY % RENEWABLE?

WHAT MEASURES ARE YOUR COMPANY TAKING TOWARDS FAST PROGRESS FOR AMBITIOUS 100% RENEWABLE ELECTRICITY GOALS.

WHY DO YOU THINK RE100 IS A GOOD INITIATIVE TO JOIN?

OUR FIRST PRIORITY IS TO REPLACE THE FOSSIL FUEL BASED ELECTRICITY THROUGH ZERO CARBON ELECTRICITY GENERATION TECHNOLOGIES SUCH AS WASTE HEAT RECOVERY POWER GENERATION SYSTEMS"

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

8

HOW DOES CONVERSION TO 10 RENEWABLE GIVE YOUR COMPA AN EDGE OVER YOUR COMPETITORS?

BEING THE FIRST INDIAN CEMENT COMPANY TO JOIN RE100, WHAT OPPORTUNITIES AND CHALLENGES ARE YOU ENCOUNTERING?

9

WILL THE MEMBERSHIP OF RE100, HELP THE INDIAN COMPANIES GET CLOSER COOPERATION WITH REGULATORY AUTHORITIES AND OTHER KEY STAKEHOLDERS IN EACH STATE?

00% ANY

HAS THE PRESENT SCENARIO PUSHED BACK YOUR 100% RENEWABLE GOAL?

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

AT PRESENT, OUR FOCUS IS TO DEVELOP ON-SITE FOSSIL FREE ELECTRICITY GENERATION FACILITIES SUCH AS WASTE HEAT RECOVERY PLANTS, ROOFTOP AND GROUND-MOUNTED SOLAR ENERGY PLANTS AND CONVERTING EXISTING FOSSIL-FUEL BASED CAPTIVE POWER PLANTS TO RE GENERATION BY USE OF RENEWABLE BIOMASS AS A FUEL.

WHY DO YOU THINK IT IS IMPORTANT FOR COMPANIES TO PLAY A ROLE IN INCREASING DEMAND FOR RENEWABLE ELECTRICITY?

PRESENTLY WHAT PERCENTAGE OF CEMENT (BHARAT) LTD. IS BASED O PLANS DO YOU HAVE FOR FURTHER RENEWABLE ELECTRICITY SHARE?

10

F ELECTRICITY SOURCED BY DALMIA ON RENEWABLE ENERGY AND WHAT R INVESTMENTS TO INCREASE THE

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

HUMAN INDUCED WARMING REAC 1째C ABOVE PRE-INDUSTRIAL

Global Temperature Change Relative To 1850-1900 (째C)

Current Warm

150 1.50

1.00 100

Human Induced Warming 0.65

50 0.75

0

0.40 0.25

1960

Clima 1.5째C 1980

2000

Source : IPCC Report

HOW CLOSE AR TO 1.5째C?

CHED APPROXIMATELY L LEVELS IN 2017

ming Rate 1.50

1.00

HUMAN ACTIVITIES ARE ESTIMATED TO HAVE CAUSED APPROXIMATELY

ate Uncertainty For Pathway 2020

2040

RE WE

1.0째C OF GLOBAL WARMING ABOVE PRE-INDUSTRIAL LEVELS, WITH A LIKELY RANGE OF 0.8째C TO 1.2째C. GLOBAL WARMING IS LIKELY TO REACH 1.5째C BETWEEN 2030 AND 2052 IF IT CONTINUES TO INCREASE AT THE CURRENT RATE Source : IPCC Report

11

VAISHALI NIGAM SINHA

AS A LOT OF COMP WORKING TOWAR DO YOU THINK RE INITIATIVE TO JOI

CHIEF SUSTAINABILITY, CSR AND COMMUNICATIONS OFFICER, RENEW POWER

BEING A LEADING SOLAR PROJECTS TURNING SOLAR IS EFFICIENT FOR YO YOUR CUSTOMERS RENEWABLE SOUR

PANIES ARE RDS GOING GREEN. E100 IS A GOOD IN?

12 DO YOU THINK MORE AND MORE ORGANIZATIONS SHOULD CONTRIBUTE TOWARDS CLEAN ENERGY BY INVESTING IN RENEWABLE SOURCES SUCH AS SOLAR?

WITH THE GREEN WAVE SPREADING ACROSS THE NATION; WHAT TREND IN THE SOLAR SECTOR WILL WE WITNESS IN THE NEXT 5 YEARS AND WHAT WOULD BE ITS SOCIAL IMPACTS?

G DEVELOPER OF S, DO YOU THINK S MORE COST OU AS WELL AS S THAN OTHER RCES?

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

INFOSY

WHAT WE SAID WE WOULD DO BY 2020

ELECTRIC

RENEWABLE

YS

WHAT WE ACHIEVED

CITY

ENERGY

13

RAVINDRA KUMAR G.P.

WHY DO YOU THINK GOOD INITIATIVE TO

PRESIDENT & CHIEF HUMAN RESOURCE OFFICER,TATA MOTORS

WHAT MADE YOUR COMPANY STRIVE TO BE 100% RENEWABLE?

WHAT MEASURES AR COMPANY TAKING T PROGRESS FOR AMB RENEWABLE ELECTR

14

K RE100 IS A O JOIN?

WILL THE MEMBERSHIP OF RE100, HELP THE INDIAN COMPANIES GET CLOSER COOPERATION WITH REGULATORY AUTHORITIES AND OTHER KEY STAKEHOLDERS IN EACH STATE?

BEING A TOP INDIAN AUTOMOTIVE COMPANY TO JOIN RE100, WHAT OPPORTUNITIES AND CHALLENGES ARE YOU ENCOUNTERING?

OUR GOAL OF MAXIMIZING RENEWABLE ENERGY CONSUMPTION IN

RE YOUR TOWARDS FAST BITIOUS 100% RICITY GOALS.

COMPLIANCE WITH THE PREVAILING LEGAL AND REGULATORY REQUIREMENTS, HOW DOES CONVERSION TO 100% RENEWABLE GIVE YOUR COMPANY AN EDGE OVER YOUR COMPETITORS?

WILL HELP US IN OPTIMIZING OUR ENERGY MIX AND LEAD TO LONG TERM ENVIRONMENTAL BENEFITS FOR OUR FUTURE GENERATIONS.

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

HAS THE PRESENT SCENARIO PUSHED BACK YOUR 100% RENEWABLE GOAL?

PRESENTLY WHAT PERCENTAGE OF ELECTRICITY SOURCED BY TATA MOTORS IS BASED ON RENEWABLE ENERGY?

PROCEEDING TOWARDS YOUR 100% RENEWABLE GOAL, DO YOU HAVE PLANS FOR FURTHER INVESTMENTS IN SOLAR TO INCREASE THE SOURCE OF POWER GENERATION?

WHY DO YOU THINK IT IS IMPORTANT FOR COMPANIES TO PLAY A ROLE IN INCREASING DEMAND FOR RENEWABLE ELECTRICITY?

BY SETTING AN EXAMPLE, WE ARE CREATING AWARENESS AMONGST OUR STAKEHOLDERS AND IN THE VALUE CHAIN.

15

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

100% RENEWABLES GOAL

TIM COOK

WITH THE

WITH SUP

ENERGY B

K, CEO OF APPLE, SAID: “WE’RE GOING TO KEEP PUSHING THE BOUNDARIES OF WHAT IS POSSIBLE

E MATERIALS IN OUR PRODUCTS, THE WAY WE RECYCLE THEM, OUR FACILITIES AND OUR WORK

PPLIERS TO ESTABLISH NEW CREATIVE AND FORWARD-LOOKING SOURCES OF RENEWABLE

BECAUSE WE KNOW THE FUTURE DEPENDS ON IT.”

16

KUSHAGRA NANDAN

CO-FOUNDER & PRESIDENT SUNSOURCE ENERGY

AS A LOT OF COMPANIES ARE WORKING TOWARDS GOING GREEN. DO YOU THINK RE100 IS A GOOD INITIATIVE TO JOIN?

BEING A LEADING DEVE SOLAR PROJECTS, DO Y TURNING SOLAR IS MO EFFICIENT FOR YOU AS CUSTOMERS THAN OTH RENEWABLE SOURCES

DO YOU THINK MORE AND MORE ORGANIZATIONS SHOULD CONTRIBUTE TOWARDS CLEAN ENERGY BY INVESTING IN RENEWABLE SOURCES SUCH AS SOLAR?

17

ELOPER OF YOU THINK ORE COST S WELL AS YOUR HER S?

WITH THE GREEN WAVE SPREADING ACROSS THE NATION; WHAT TREND IN THE SOLAR SECTOR WILL WE WITNESS IN THE NEXT 5-10YEARS AND WHAT WOULD BE ITS SOCIAL IMPACTS?

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

INDIA ELECTRICITY PRODUCTION Electricity Production in India reached 96,273 GWh in May 2020, compared with 81,045 GWh in the previous month. Electricity Production data of India is updated monthly averaging at 46,748 GWh from Sep 1987 to May 2020. The data reached an all-time high of 117,047 GWh in May 2019 and a record low of 16,318 GWh in Nov 1987. Central Electricity Authority provides monthly Electricity Generation.

96,273.240

May 20

81,045.220

Apr 20

96,063.000

Mar 20

101,168.800

Feb 20 Jan 20

10,3010.960

Dec 19

99,098.130

Nov 19

93,665.890

Oct 19

98,908.980

Sep 19

105,194.500

Aug 19

106,200.230

Jul 19

108,407.550

Jun 2019

112,946.840

0

25,000

50,000

75,000

100,000

125,000

SOURCE: CEIC DATA

Electricity Generation : Monthly : India

18

ATUL MUDALIAR

WHAT ARE THE PL CLIMATE GROUP I ITS EXISTING RE10

SENIOR MANAGER – ENERGY TRANISTIONS AND KEY RE100 REPRESENTATIVE THE CLIMATE GROUP, INDIA

WHAT WAS THE CLIMATE GROUP'S MOTIVE TO INITIATE RE100?

WHAT SHOULD BE FACTORS FOR MO INDIAN COMPANIE RENEWABLE?

19

LATFORMS THE IS PROVIDING TO 00 MEMBERS?

GOING GREEN IS THE NECESSITY FOR A BRIGHTER FUTURE. WHAT IS YOUR ADVICE FOR COMPANIES TO FUTUREPROOF THEIR OPERATIONS?

IS MISSION 2050 OF RE100 A POSSIBLE REALITY FOR INDIA?

COMPANIES JOINING RE100 SET A PUBLIC GOAL TO SOURCE 100% OF THEIR GLOBAL ELECTRICITY CONSUMPTION FROM RENEWABLE SOURCES NOT LATER THAN 2050. THEY DISCLOSE THEIR ELECTRICITY DATA ANNUALLY, AND WE REPORT ON THEIR PROGRESS.

E THE MOTIVATING ORE AND MORE ES TO GO 100%

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

CDP SENDS ANNUAL CLIMATE CHANGE DISCLOSURE REQUEST TO TOP 200 COMPANIES IN INDIA (BSE S&P 200 INDEX). THE CLIMATE CHANGE INFORMATION REQUEST HAS A SET OF QUESTIONS WHICH ENABLE CDP TO CAPTURE (RELEVANT) INFORMATION LIKE -

In 2019, there are total 59 Indian companies (49 from top 200 sample, and 10 as self-selected compani responded to CDP’s disclosure request.

These 59 companies have reported about 95 TWh of electricity in their operations, of which 5% came from Renewable Energy sources.

23 companies from India reported RE targets, a 44% growth over 2018.

About 29 companies have reported active renewable electricity consumption using variety of sourcing options like PPA, onsite RE generation, use of unbundled RECs.

About 32 companies have identified energy related opportunities in their direct operations and four in their supply chain of worth Rs 285 billion in the use of low-carbon energy, Companies from Materials sector have reported the highest volume of RE consumption followed by Services, Biotech, Health care & Pharma and Manufacturing.

Source : CDP

ies)

g

n

20 DAMANDEEP SINGH DIRECTOR CDP INDIA

SHAILESHÂ TELANG

TECHNICAL MANAGER (RENEWABLE ENERGY) CDP INDIA

WHAT WAS CDP'S MOTIVE TO INITIATE RE100?

WHAT ARE THE P PROVIDING TO IT MEMBERS?

21 RE100 IS ONE OF SEVERAL INITIATIVES DESIGNED TO LEAD US TOWARDS A SUSTAINABLE FUTURE. CDP MANAGE TECHNICAL SIDE OF THE RE100 INITIATIVE.

RENEWABLE ENERGY IS RAPIDLY ADVANCING FIELD AND LIKELY TO

PLATFORMS CDP IS TS EXISTING RE100

SUPPORT THE GROWING GLOBAL ELECTRICITY DEMAND. IT ALSO PLAY AN IMPORTANT ROLE IN CLIMATE CHANGE WHAT SHOULD BE THE MOTIVATING FACTORS FOR MORE AND MORE INDIAN COMPANIES TO GO 100% RENEWABLE?

MITIGATION (HELP MEET 1.5°C GOAL).

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

22

IS MISSION 2050 OF RE100 A DISTANT REALITY FOR INDIA?

₹

BUSINESSES ARE ALREADY TAKING BOLD AND AMBITIOUS ACTION TO HELP CREATE THE

GOING GREEN IS THE NECESSITY FOR A BRIGHTER FUTURE. WHAT IS YOUR ADVICE FOR SUSTAINABILITY?

TRANSFORMATIVE CHANGE WE NEED TO DRIVE THE CLEAN ENERGY TRANSITION. ONE OF THE WAYS THEY ARE DOING THIS IS BY SWITCHING TO RENEWABLE POWER. THIS IS A SMART BUSINESS DECISION.

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

SCIENCE SHOWS WE NEED TO HALVE G EMISSIONS BY 2030 TO GET THE WORL ZERO BY 2050, AND TO BE IN WITH A F GLOBAL HEATING TO 1.5°C. WE NEED E COMMIT TO 100% RENEWABLE POWER. Source: RE 100

GLOBAL GREENHOUSE GAS LD ON TRACK TO REACHING NET FIGHTING CHANCE OF LIMITING EVERY MAJOR COMPANY TO .

Source : IRENA

23

SAURABH KUMAR

MANAGING DIRECTOR EESL. (ENERGY EFFICIENCY SERVICES LIMITED)

CONSIDERING INDIA’S HUGE SOLAR CAPACITY AND NEED TO HAVE ACCESS TO CLEAN, RELIABLE AND CHEAP ELECTRICITY, WHAT ARE THE MAJOR STEPS TAKEN BY EESL’S SOLAR PROGRAMME.

24

EESL HAS AN AMBITIOUS TARGET OF SETTING UP AROUND 2000 MW SOLAR PROJECTS BY 2021 WHICH TRANSLATES TO A GENERATION OF AROUND 3066 GWH OF CLEAN ELECTRICITY. DO YOU THINK SOLAR ENERGY IS MORE COST EFFICIENT AND PRODUCTIVE THAN OTHER SOURCES OF RENEWABLE ENERGY IN INDIA?

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

HOW IMPORTANT IS IT FOR OUR INDIAN INDUSTRIES TO TURN 100% RENEWABLE?

EESL HAS INITIATED A FIRST OF ITS KIND LARGE SCALE PROGRAMME WHEREIN EXISTING AGRICULTURAL FEEDERS IS BEING SOLARIZED VIA IMPLEMENTATION OF SMALL SOLAR POWER PLANTS AT VACANT/UNUSED LANDS AT DISCOM SUBSTATIONS.

25

THE DREAM 2050 : LAYING THE PATH FOR A 100% RENEWABLE FUTURE

GOOGLE CONFIRMS 100% RENEWABLES ACHIEVEMENT

WE ARE RUNNING THE MOST DANGEROUS EXPERIMENT IN HISTORY RIGHT NOW, WHICH IS TO SEE HOW MUCH CARBON DIOXIDE THE ATMOSPHERE CAN HANDLE BEFORE THERE IS AN ENVIRONMENTAL CATASTROPHE."

Elon Musk, CEO of Tesla & SpaceX