Public Profile

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 retail network. The company continues to lead in energy solutions, adapting to the evolving landscape of the energy sector while prioritising environmental responsibility.

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.

3

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Hellenic Petroleum's score of 3 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

9%

Hellenic Petroleum's reported carbon emissions

In 2022, Hellenic Petroleum reported total carbon emissions of approximately 3,618,000,000 kg CO2e for Scope 1 and 305,000,000 kg CO2e for Scope 2. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Historically, emissions have varied, with 2013 emissions recorded at about 2,980,000,000 kg CO2e for Scope 1, 303,000,000 kg CO2e for Scope 2, and a significant 860,000,000 kg CO2e for Scope 3. The data indicates a trend of fluctuating emissions across the years, with notable figures such as 4,200,000,000 kg CO2e for Scope 1 and 2 combined in 2019. Hellenic Petroleum's commitment to addressing climate change is evident, although specific reduction strategies remain unspecified. The company operates within a challenging industry context, where carbon emissions are a critical concern, and ongoing efforts to enhance sustainability are essential for future compliance and environmental stewardship.

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Add to project
20132014201520162017201920212022
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
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
Scope 3
860,000,000
000,000,000
000,000,000
000,000,000
000,000,000
-
000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hellenic Petroleum's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hellenic Petroleum is headquartered in GR, which has a rank of medium, indicating medium grid carbon 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 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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