Public Profile

Hindustan Petroleum

Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the Indian oil and gas industry, is headquartered in Mumbai, India. Established in 1974, HPCL has grown to become a key player in refining and marketing petroleum products across the country, with significant operations in various regions including northern and western India. HPCL's core offerings encompass a wide range of products, including fuels, lubricants, and petrochemicals, distinguished by their commitment to quality and innovation. The company operates a state-of-the-art refinery in Mumbai and another in Visakhapatnam, contributing to its robust market position. Notable achievements include recognition for its sustainability initiatives and a strong focus on customer satisfaction, solidifying HPCL's reputation as a trusted name in the energy sector.

DitchCarbon Score

How does Hindustan Petroleum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

22

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

Hindustan Petroleum's score of 22 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Hindustan Petroleum's reported carbon emissions

In 2023, Hindustan Petroleum reported total carbon emissions of approximately 4,304,201,000 kg CO2e from Scope 1, 776,480,000 kg CO2e from Scope 2, and 12,950,066,000 kg CO2e from Scope 3 emissions. This reflects a significant engagement in emissions reporting across all three scopes, indicating a comprehensive approach to understanding their carbon footprint. Over the years, Hindustan Petroleum has shown fluctuations in emissions, with Scope 1 emissions peaking at approximately 3,854,200,000 kg CO2e in 2021 and Scope 2 emissions reaching about 699,000,000 kg CO2e in 2020. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Despite the lack of formal commitments, Hindustan Petroleum's emissions data suggests an ongoing effort to monitor and report on their carbon emissions, which is essential for transparency and accountability in the context of climate change. The company operates within a challenging industry landscape, where reducing carbon emissions is critical for aligning with global climate goals.

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2012201320142015201620172018201920202021202220232024
Scope 1
3,216,945,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
965,040,000
000,000,000
0,000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
Scope 3
-
-
000,000,000
000,000,000
000,000,000
000,000,000
-
000,000,000
0,000,000,000
0,000,000,000
000,000,000,000
00,000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hindustan Petroleum's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hindustan Petroleum is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Hindustan Petroleum is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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