HBL Power Systems Limited, commonly referred to as HBL, is a leading player in the power solutions industry, headquartered in Hyderabad, India. Established in 1977, the company has made significant strides in providing innovative power systems and services across various sectors, including defence, railways, and renewable energy. HBL is renowned for its core products, which include advanced battery systems, power electronics, and energy storage solutions, distinguished by their reliability and efficiency. With a strong presence in both domestic and international markets, HBL has achieved notable milestones, such as being a key supplier for critical infrastructure projects. The company’s commitment to quality and innovation has solidified its position as a trusted name in the power systems sector, making it a preferred choice for clients seeking cutting-edge energy solutions.
How does Hbl Power Systems'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.
Mean score of companies in the Electricity from Other Sources 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.
Hbl Power Systems's score of 4 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, HBL Power Systems reported total carbon emissions of approximately 56,971,150 kg CO2e, comprising about 9,893,830 kg CO2e from Scope 1 and about 46,808,320 kg CO2e from Scope 2 emissions. This marks a significant reduction in Scope 1 emissions from 2023, where they were approximately 9,961,930 kg CO2e, while Scope 2 emissions increased from about 36,785,560 kg CO2e in the same year. In 2023, the company had total emissions of about 46,747,490 kg CO2e, with Scope 1 emissions at approximately 9,961,930 kg CO2e and Scope 2 emissions at about 36,785,560 kg CO2e. The previous year, 2022, saw total emissions of about 27,839,900 kg CO2e, with Scope 1 emissions at approximately 24,081,940 kg CO2e and Scope 2 emissions at about 3,071,960 kg CO2e. Despite these figures, HBL Power Systems has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to navigate its carbon footprint within the context of its operational growth and revenue, which increased from approximately 183.68 million USD in 2022 to about 269.90 million USD in 2023. Overall, HBL Power Systems is actively managing its emissions, particularly in Scope 1 and Scope 2, but lacks defined reduction targets or commitments at this time.
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Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 24,081,940 | 0,000,000 | 0,000,000 |
Scope 2 | 3,071,960 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Hbl Power Systems 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.