Bharat Petroleum Corporation Limited (BPCL) is a prominent player in the non-specified petroleum products industry, headquartered in Mumbai, India. Established in 1976, BPCL has grown to become one of the leading integrated energy companies in the country, with a significant presence across India and international markets.
Specialising in refining, marketing, and distribution of petroleum products, BPCL is renowned for its high-quality fuels, lubricants, and other petrochemical offerings. The company's focus on innovation and sustainability has helped it maintain a strong market position, recognised for its reliable supply chain and customer-centric services. As a key contributor to India’s energy sector, BPCL continues to advance its operations through strategic initiatives and technological advancements.
+6 vs industry average
Bharat Petroleum’s score of 16 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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Industry Intensity
Petroleum Products is among the most carbon-intensive industries
Industry performance
The Petroleum Products industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bharat Petroleum's reported carbon emissions
Bharat Petroleum Corporation Limited (BPCL) headquartered in India, in the Non-specified Petroleum Products industry, has reported significant carbon emissions across its operations. For the financial year ending 2024, BPCL reported a total of approximately 162.2 billion kg CO2e, comprising Scope 1 emissions of about 9.7 billion kg CO2e, Scope 2 emissions of approximately 820 million kg CO2e, and Scope 3 emissions of approximately 151.7 billion kg CO2e.
In the previous year, 2023, BPCL's total emissions were around 151.6 billion kg CO2e. This included Scope 1 emissions of approximately 9.7 billion kg CO2e, Scope 2 emissions of about 720 million kg CO2e, and Scope 3 emissions of roughly 141.2 billion kg CO2e.
BPCL is committed to reducing its environmental impact and has set ambitious climate targets. The company aims to achieve Net Zero emissions for its Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions by 2040. This target aligns with India's national objective of reaching Net Zero emissions by 2070. BPCL's climate commitments underscore its dedication to sustainable operations within the petroleum products sector.
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Bharat Petroleum’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Bharat Petroleum
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