Case Studies
Building Blocks of Sustainability Reporting
Developing an evidence-based impact narrative to support capital raising journey
Sculpt Partners developed an impact reporting framework and a related narrative for an Electric Vehicle (EV) eco-system player in India to support its capital raising journey
Challenge
- Indian subsidiary of a leading energy company headquartered in the European Union (EU)
- Four full-scale plants in India with 200 MW installed solar capacity and an additional 1 GW pipeline
- Significant and persistent variation in per capita water consumption practices across the solar energy plants
- Required further investigation to identify root causes and recommend initiatives to optimise water usage
Our Approach
- Conducted a benchmarking assessment to identify water consumption norms for solar Renewable Energy (RE) companies in India
- Reviewed water consumption practices across the four plants and diagnose underlying issues driving variation
- Drew insights from contemporary water savings and optimisation initiatives
- Recommended plant-level initiatives to optimise water consumption and move towards net water positivity
Impact
Evidence-based impact reporting to bolster Series A capital raising efforts
Preliminary list of impact topics and metrics based on the IRIS+ catalogue
Refinement of impact topics and metrics based on materiality assessment
Impact scorecard with topics, metrics and targets
