Hellenic Petroleum
Hellenic Petroleum S.A., commonly referred to as Hellenic Petroleum, is a leading energy company headquartered in Greece (GR). Established in 1998, the company has grown to become a key player in the oil and gas industry, with significant operations across Southeast Europe and the Mediterranean region. Hellenic Petroleum focuses on refining, distribution, and marketing of petroleum products, alongside renewable energy initiatives. Its core offerings include high-quality fuels, lubricants, and petrochemicals, distinguished by their commitment to sustainability and innovation. With a robust market position, Hellenic Petroleum has achieved notable milestones, including advancements in refining technology and a strong emphasis on environmental responsibility. The company continues to lead the way in energy solutions, adapting to the evolving demands of the industry while maintaining a focus on customer satisfaction and operational excellence.
DitchCarbon Score
How does Hellenic Petroleum'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 Gas/Diesel Oil 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
Hellenic Petroleum's score of 42 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hellenic Petroleum's reported carbon emissions
In 2024, Hellenic Petroleum reported total carbon emissions of approximately 51,411,449,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 3,976,553,000 kg CO2e, Scope 2 emissions of approximately 261,044,000 kg CO2e (market-based), and significant Scope 3 emissions of around 51,411,449,000 kg CO2e. In 2023, the company recorded similar figures, with total emissions of about 54,748,608,000 kg CO2e, including Scope 1 emissions of approximately 3,842,567,000 kg CO2e and Scope 2 emissions of about 336,000,000 kg CO2e (market-based). Hellenic Petroleum has set ambitious climate commitments, aiming to reduce its carbon footprint by at least 500,000 tonnes by 2025 through the development of a renewable energy portfolio with an installed capacity of about 300 MW. Additionally, the company targets a reduction of Scope 1 and 2 emissions by more than 30% by 2030, leveraging energy optimisation and innovative GHG reduction technologies in its refining processes. Furthermore, Hellenic Petroleum aims to achieve carbon neutrality by 2050, contributing to global climate change mitigation efforts.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 298,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 303,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 860,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
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.
Hellenic Petroleum 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.
