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.
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.
Industry Benchmark
Hindustan Petroleum's score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hindustan Petroleum's reported carbon emissions
In 2023, Hindustan Petroleum Corporation Limited (HPCL) reported significant carbon emissions, totalling approximately 471,752,200 kg CO2e for Scope 1, 1,059,353,000 kg CO2e for Scope 2, and a substantial 137,373,805,000 kg CO2e for Scope 3 emissions. This data reflects HPCL's comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. HPCL has set ambitious climate commitments, aiming for Net Zero emissions for both Scope 1 and Scope 2 by 2040. This long-term target demonstrates the company's dedication to reducing its carbon footprint and aligns with global climate action initiatives. The commitment was formalised in their sustainability report for 2023-24. The emissions intensity for HPCL's operations in 2023 was reported at approximately 259 kg CO2e per tonne, indicating a focus on improving efficiency and reducing emissions per unit of output. This figure is part of their ongoing efforts to enhance sustainability within the mineral fuels and oils sector. HPCL's emissions data is cascaded from its parent company, Hindustan Petroleum Corporation Limited, ensuring a consistent approach to sustainability across its operations. The company is actively engaged in various initiatives to monitor and reduce its environmental impact, reflecting a broader commitment to corporate responsibility and climate resilience.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,582,060,000 | 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 | 940,371,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 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 | - | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in any of the initiatives that 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.
