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Public Profile
Gas/Diesel Oil
MY
updated a month ago

Hibiscus Petroleum Sustainability Profile

Company website

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.

DitchCarbon Score

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.

17

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.

16

Industry Benchmark

Hibiscus Petroleum's score of 17 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Hibiscus Petroleum's reported carbon emissions

In 2024, Hibiscus Petroleum, headquartered in Malaysia (MY), reported total carbon emissions of approximately 6,767,692,000 kg CO2e, comprising 6,765,417,000 kg CO2e from Scope 1 and 2 emissions, and 52,001,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions included significant contributions from mobile combustion (about 123,841,000 kg CO2e), fugitive emissions (approximately 1,411,000 kg CO2e), and stationary combustion (around 3,459,630,000 kg CO2e). The Scope 2 emissions from purchased electricity were about 2,275,000 kg CO2e. In 2023, the company reported similar emissions, with total emissions of approximately 7,250,028,000 kg CO2e, including 7,247,924,000 kg CO2e from Scope 1 and 2, and 50,092,000 kg CO2e from Scope 3. The breakdown for Scope 1 emissions was approximately 7,247,324,000 kg CO2e, with mobile combustion at about 111,129,000 kg CO2e and fugitive emissions at around 2,148,000 kg CO2e. Hibiscus Petroleum has not disclosed specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Hibiscus Petroleum Berhad. Overall, Hibiscus Petroleum's emissions reflect the challenges faced by the oil and gas sector in managing carbon footprints, with a need for strategic initiatives to address climate change effectively.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022202320242025
Scope 1
533,325,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
-
-
Scope 2
1,683,000
0,000,000
0,000,000
0,000,000
0,000,000
-
-
Scope 3
-
-
-
00,000,000
00,000,000
-
-

How Carbon Intensive is Hibiscus Petroleum's Industry?

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

How Carbon Intensive is Hibiscus Petroleum's Location?

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. This request for Hibiscus Petroleum is in MY, which has a medium grid carbon intensity relative to other regions.

Hibiscus Petroleum's Scope 3 Categories Breakdown

Hibiscus Petroleum's Scope 3 emissions, which increased by 91% last year and increased by approximately 91% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2023
Upstream Transportation & Distribution
100%

Hibiscus Petroleum's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Hibiscus Petroleum has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hibiscus Petroleum's Emissions with Industry Peers

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•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 10 hours ago

Husky Energy Inc.

CA
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 30 days ago

Ithaca Energy

GB
•
Gas/Diesel Oil
Updated about 1 month ago

Diversified Energy

US
•
Gas/Diesel Oil
Updated about 1 month ago

Amplitude Energy Limited

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 20 days ago

Marathon Oil

US
•
Oil seeds
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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