Gujarat State Petroleum Corporation Limited
Gujarat State Petroleum Corporation Limited (GSPC) is a prominent player in the energy sector, headquartered in Gandhinagar, India. Established in 1979, GSPC has evolved into a leading oil and gas exploration and production company, with significant operations across Gujarat and other regions in India. The company focuses on upstream and downstream activities, including natural gas distribution, oil exploration, and power generation. GSPC is recognised for its innovative approach to energy solutions, particularly in the development of natural gas infrastructure. With a commitment to sustainability and efficiency, GSPC has achieved notable milestones, positioning itself as a key contributor to India's energy landscape. Its dedication to quality and service excellence has solidified its reputation as a trusted name in the industry.
DitchCarbon Score
How does Gujarat State 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
Gujarat State Petroleum Corporation Limited's score of 5 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gujarat State Petroleum Corporation Limited's reported carbon emissions
In 2023, Gujarat State Petroleum Corporation Limited (GSPC) reported total carbon emissions of approximately 8,000,000 kg CO2e, comprising 141,940 kg CO2e from Scope 1, 8,157,710 kg CO2e from Scope 2, and 582,410 kg CO2e from Scope 3 emissions. This data highlights the company's significant reliance on energy consumption, particularly in Scope 2 emissions, which are primarily associated with electricity usage. For the following year, 2024, GSPC's emissions increased notably, with Scope 1 emissions rising to 8,200,200 kg CO2e, Scope 2 emissions decreasing to 6,330,050 kg CO2e, and Scope 3 emissions slightly increasing to 622,660 kg CO2e. This fluctuation in emissions underscores the challenges faced in managing carbon outputs effectively. Despite these figures, GSPC has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that the company may need to enhance its commitment to sustainability and carbon reduction strategies in line with industry standards. As the energy sector increasingly prioritises climate action, GSPC's future commitments will be crucial in addressing its environmental impact.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 141,940 | 0,000,000 |
| Scope 2 | 8,157,710 | 0,000,000 |
| Scope 3 | 582,410 | 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.
Gujarat State Petroleum Corporation Limited 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.
