Chennai Petroleum Corporation Limited
Chennai Petroleum Corporation Limited (CPCL), a prominent player in the Indian oil and gas sector, is headquartered in Chennai, India. Established in 1965, CPCL has evolved into a key entity in refining and marketing petroleum products, primarily serving the southern regions of India. The company operates a state-of-the-art refinery with a capacity of 10.5 million tonnes per annum, producing a diverse range of products, including petrol, diesel, and LPG. CPCL is recognised for its commitment to quality and innovation, leveraging advanced technologies to enhance operational efficiency. With a strong market position, CPCL has achieved significant milestones, including the implementation of environmentally sustainable practices. Its dedication to excellence has solidified its reputation as a leader in the petroleum industry, contributing to India's energy security and economic growth.
DitchCarbon Score
How does Chennai Petroleum Corporation Limited'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
Chennai Petroleum Corporation Limited's score of 19 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chennai Petroleum Corporation Limited's reported carbon emissions
In 2023, Chennai Petroleum Corporation Limited (CPCL) reported total carbon emissions of approximately 29,043,860 kg CO2e from Scope 1, 13,646,000 kg CO2e from Scope 2, and 346,000 kg CO2e from Scope 3 emissions. This indicates a significant operational footprint, with Scope 1 emissions primarily arising from direct operations, while Scope 2 emissions are linked to purchased electricity. The company also reported Scope 3 emissions related to purchased goods and services. In 2024, CPCL's emissions showed a slight decrease in Scope 1 to about 28,136,170 kg CO2e, while Scope 2 emissions increased to approximately 14,365,000 kg CO2e, and Scope 3 emissions decreased to about 34,600 kg CO2e. This data reflects ongoing efforts to manage and potentially reduce their carbon footprint. Despite these figures, CPCL has not publicly disclosed specific reduction targets or initiatives aimed at decreasing emissions, nor have they committed to any climate pledges or science-based targets. The absence of defined reduction strategies suggests that while the company is aware of its emissions, it may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 2,904,386 | 00,000,000 |
| Scope 2 | 13,646,000 | 00,000,000 |
| Scope 3 | 346,000 | 00,000 |
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.
Chennai Petroleum Corporation Limited 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.
