7 Indian Companies Making Significant Revenue From Clean Energy

Seven Indian companies are among a list of the 200 largest publicly traded entities that are making significant revenue from clean energy, an international report complied by “As You Sow” and “Corporate Knights”.

While “As You Sow” is a non-profit organization promoting environmental and social corporate responsibility, “Corporate Knights” is empowering people to harness markets for a better world.

They made public the 2017 Q3 Carbon Clean 200TM (Clean200TM), a list of the 200 largest publicly traded companies that are leading the way with solutions for the transition to a clean energy future.

The Clean200 ranks the largest publicly listed companies worldwide by their total clean energy revenues as rated by Bloomberg New Energy Finance. In order to be eligible, a company must have a market capitalisation greater than $1 billion (end of Q3 2017) and earn over 10 per cent of total revenues from clean energy sources.

The top 10 global companies making the list are Siemens, Toyota, Schneider Electric, ABB, Panasonic, Vestas, Bombardier, Innogyse, Johnson Controls and SSE.

The seven Indian companies are Suzlon Energy Ltd, Bharat Heavy Electricals, Tata Chemicals Ltd, Exide Industries Ltd, IDFC Ltd, Thermax Ltd and Havells India Ltd.

Suzlon Energy Ltd ranked 55th, while Bharat Heavy Electricals 85th, Tata Chemicals 144th, Exide Industries 155th, IDFC Ltd 167th, Thermax Ltd 169th and Havells India ranked the last among the 200 countries.