Hibiscus Petroleum Berhad, a prominent player in the oil and gas industry, is headquartered in Malaysia (MY) and operates primarily in Southeast Asia and the United Kingdom. Founded in 2007, the company has achieved significant milestones, including successful exploration and production ventures that underscore its commitment to sustainable energy solutions. Specialising in upstream oil and gas activities, Hibiscus Petroleum focuses on exploration, development, and production of hydrocarbons. Its unique approach combines innovative technology with a strong emphasis on environmental stewardship, setting it apart in a competitive market. The company has established a solid market position, recognised for its operational efficiency and strategic partnerships, which enhance its growth potential in the energy sector.
How does Hibiscus 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.
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.
Hibiscus Petroleum's score of 33 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hibiscus Petroleum, headquartered in Malaysia, reported total carbon emissions of approximately 7,249,428,000 kg CO2e. This figure includes 6,603,734,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 500,920,000 kg CO2e from Scope 3 emissions, which cover indirect emissions from the value chain. The company has disclosed emissions data across all three scopes, indicating a commitment to transparency in its environmental impact. In 2024, Hibiscus Petroleum's emissions decreased to about 6,128,611,000 kg CO2e, with Scope 1 emissions at 9,673,000 kg CO2e and Scope 3 emissions at 2,407,000 kg CO2e. This reduction reflects the company's ongoing efforts to manage and mitigate its carbon footprint. Despite these figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of documented reduction targets suggests that while Hibiscus Petroleum is actively monitoring its emissions, it may need to establish more defined strategies to address climate change effectively. Overall, Hibiscus Petroleum's emissions data highlights the significant environmental impact of its operations, while the lack of formal reduction commitments indicates an area for potential improvement in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
---|---|---|---|---|---|---|---|
Scope 1 | 533,325,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 1,683,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
Hibiscus 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.