Emissions reporting, TCFD-aligned disclosure, BRSR compliance, and net-zero strategy for India's power generation, refining, and utilities sector.
The Challenge
ESG in the Energy Sector
The energy and utilities sector carries the highest emission intensity of any industry. Coal-fired and gas-based power plants, refinery operations, LNG processing, and transmission and distribution losses collectively account for the largest share of India's greenhouse gas emissions. Every stage of the energy value chain — from fuel extraction to end-user delivery — generates substantial Scope 1, 2, and 3 emissions.
The imperative for a credible renewable energy transition has never been stronger. Institutional investors are intensifying scrutiny on stranded fossil fuel assets, while regulators are demanding TCFD-aligned climate risk disclosures. India's commitment to 500 GW of non-fossil capacity by 2030 and net zero by 2070 means energy companies must demonstrate a clear decarbonization pathway — or risk losing access to capital markets.
Simultaneously, BRSR reporting mandates from SEBI require listed power utilities and energy companies to disclose environmental performance, climate risks, and social impact metrics. For energy firms, this is not an optional exercise — it is a compliance imperative that directly affects market access and investor confidence.
What We Do
Our Services for Energy & Utilities
We deliver end-to-end ESG consulting tailored to the specific emissions profile, regulatory exposure, and decarbonization potential of energy and utility companies. Each engagement is customized to your operational reality — whether you operate coal-fired plants, gas processing facilities, renewable installations, or transmission infrastructure.
GHG Emissions Inventory
Comprehensive GHG Protocol-aligned inventories covering Scope 1 combustion emissions, Scope 2 grid electricity, and Scope 3 fuel supply chain and downstream consumption. Tailored to power plants, refineries, and distribution networks.
TCFD-Aligned Reporting
Climate risk disclosures structured around TCFD's four pillars — governance, strategy, risk management, and metrics. Includes scenario analysis for stranded asset risk, physical climate exposure, and transition pathway modelling.
BRSR Compliance
End-to-end BRSR and BRSR Core reporting — data collection, materiality assessment, and SEBI-compliant disclosures for listed power generation, transmission, and distribution companies.
Renewable Transition Roadmap
Phased decarbonization plans covering renewable energy procurement, energy storage integration, coal/gas retirement timelines, and grid modernization aligned with SBTi targets and India's climate commitments.
Net Zero Strategy
Science-based net-zero pathways with interim milestones, covering operational emissions reduction, renewable procurement, energy efficiency, and residual emissions management through verified carbon credits.
Carbon Credit Advisory
Strategy for carbon credit generation from renewable energy projects, advisory on voluntary and compliance carbon markets, and Renewable Energy Certificate (REC) sourcing for power purchase agreements.
Locations
Where We Serve Energy & Utilities
Our energy sector consulting is grounded in on-the-ground knowledge of Gujarat's major energy hubs. We understand the specific regulatory, operational, and environmental contexts of each location.
Our consulting is grounded in globally recognized reporting frameworks and standards, ensuring your disclosures are credible, investor-ready, and aligned with sector-specific expectations for energy companies.
What are the biggest ESG challenges for energy companies in India?
India's energy companies face high Scope 1 emissions from coal and gas combustion, growing regulatory pressure under BRSR and SEBI mandates, investor scrutiny on stranded fossil fuel assets, TCFD disclosure requirements for climate-related financial risks, and the imperative to build a credible renewable energy transition roadmap aligned with India's 2070 net-zero commitment.
How does TCFD apply to the energy sector?
TCFD requires energy companies to disclose climate-related risks and opportunities across four pillars: governance, strategy, risk management, and metrics & targets. For energy firms, this includes scenario analysis for stranded asset risk, physical climate risk to infrastructure, transition risk from policy changes, and carbon pricing exposure. TCFD is increasingly expected by institutional investors and lenders evaluating energy sector portfolios.
Is BRSR mandatory for power and utility companies in India?
Yes, BRSR is mandatory for the top 1,000 listed companies in India by market capitalization, which includes most major power generation, transmission, and distribution companies. BRSR Core extends assurance requirements to the value chain, affecting fuel suppliers, equipment manufacturers, and service providers in the energy ecosystem. Read our detailed guide to BRSR reporting.
How can energy companies build a renewable transition strategy?
A credible renewable transition strategy starts with a comprehensive GHG inventory across Scope 1, 2, and 3 emissions, followed by setting science-based targets (SBTi) for decarbonization. Key steps include mapping renewable energy procurement options, evaluating energy storage and grid integration, developing a phased coal/gas retirement plan, securing carbon credits for residual emissions, and aligning the strategy with TCFD and CDP disclosure frameworks.
Ready to decarbonize your energy operations?
From GHG inventories to TCFD disclosure, we help energy companies build a credible sustainability strategy.