Hellenic Petroleum S.A., commonly referred to as Hellenic Petroleum, is a leading player in the gas and diesel oil industry, headquartered in Greece (GR). Established in 1998, the company has grown to become a significant force in the energy sector, with major operational regions across Southeast Europe and the Mediterranean.
Hellenic Petroleum focuses on refining, marketing, and distributing petroleum products, including high-quality fuels and lubricants. Its commitment to innovation and sustainability sets it apart in a competitive market. The company has achieved notable milestones, including advancements in refining technology and a strong presence in retail fuel distribution.
With a robust market position, Hellenic Petroleum continues to expand its portfolio, striving for excellence in service delivery and environmental responsibility, making it a trusted name in the energy landscape.
+34 vs industry average
Hellenic Petroleum’s score of 53 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hellenic Petroleum's reported carbon emissions
HELLENiQ ENERGY, headquartered in GR and operating within the Gas/Diesel Oil industry, has reported significant carbon emissions data. In 2025, the company's total emissions were approximately 58.3 billion kg CO2e. This figure is comprised of approximately 4.2 billion kg CO2e from Scope 1 emissions, and about 199.4 million kg CO2e from Scope 2 emissions (market-based). Scope 3 emissions accounted for the largest portion, totalling approximately 53.9 billion kg CO2e. Key contributors to Scope 3 emissions in 2025 include use of sold products (about 43.0 billion kg CO2e) and purchased goods and services (approximately 8.1 billion kg CO2e). The following year, 2024, saw total emissions at approximately 55.6 billion kg CO2e. Scope 1 emissions were about 4.0 billion kg CO2e, and Scope 2 emissions (market-based) were approximately 261.0 million kg CO2e. Scope 3 emissions for 2024 were around 51.4 billion kg CO2e, with use of sold products contributing approximately 40.6 billion kg CO2e and purchased goods and services at about 7.8 billion kg CO2e. For 2023, total emissions were approximately 58.6 billion kg CO2e. Scope 1 emissions were around 3.8 billion kg CO2e, and Scope 2 emissions (market-based) were about 336.9 million kg CO2e. Scope 3 emissions reached approximately 54.7 billion kg CO2e, with use of sold products being the primary driver at about 42.9 billion kg CO2e and purchased goods and services at approximately 7.5 billion kg CO2e. HELLENiQ ENERGY has established several climate commitments and reduction targets. The company aims to become carbon-neutral by 2050. In the near term, HELLENiQ ENERGY is committed to reducing Scope 1 and 2 emissions by more than 30% by 2030, compared to a 2019 baseline. This reduction is to be achieved through energy use optimisation and the application of innovative Greenhouse Gas (GHG) emission reduction technologies within its refining activities. Data is not cascaded from a parent organisation.
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Hellenic Petroleum’s Climate Goals (2030 & 2050)
6 goals2030
30% reduction in Scope 1
Reducing Scope 1 and 2 emissions (market-based) by more than 30% compared to base year 2019 through energy use optimization and the applicat…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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