Hellenic Petroleum

Hellenic Petroleum, a Greek Petroleum Refineries company, reported approximately 58.3 billion kg CO2e in total emissions for 2025. This includes about 4.23 billion kg CO2e in Scope 1 emissions, 199.4 million kg CO2e in market-based Scope 2 emissions, and approximately 53.88 billion kg CO2e in Scope 3 emissions.

For 2024, the company's total emissions were approximately 55.65 billion kg CO2e, comprising about 3.98 billion kg CO2e in Scope 1 emissions, 261 million kg CO2e in market-based Scope 2 emissions, and approximately 51.41 billion kg CO2e in Scope 3 emissions. In 2023, Hellenic Petroleum reported Scope 1 emissions of approximately 3.84 billion kg CO2e, market-based Scope 2 emissions of about 336.9 million kg CO2e, and Scope 3 emissions of approximately 54.75 billion kg CO2e.

Hellenic Petroleum has set several climate commitments. The company aims for carbon neutrality by 2050 across all scopes. In the near term, Hellenic Petroleum is targeting a reduction of over 30% in Scope 1 and Scope 2 (market-based) emissions by 2030, compared to a 2019 baseline, through optimising energy use and implementing innovative GHG emission reduction technologies in its refining activities. Furthermore, the company previously aimed for a 25% reduction in intensity of CO2 emissions per tonne of crude oil index by 2020 (compared to 2014) for both Scope 1 and Scope 2.