Hibiscus Petroleum
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.
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
Hibiscus Petroleum's score of 33 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hibiscus Petroleum's reported carbon emissions
In 2023, Hibiscus Petroleum reported total carbon emissions of approximately 7,249,428,000 kg CO2e. This figure includes Scope 1 emissions of about 6,603,734,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 458,000 kg CO2e. Additionally, Scope 3 emissions were recorded at around 50,092,000 kg CO2e, mainly from upstream transportation and distribution. The company has shown a significant increase in emissions from 2022, where total emissions were about 6,490,703,000 kg CO2e. Despite this rise, Hibiscus Petroleum has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined reduction strategies suggests a need for enhanced climate commitments in line with industry standards. Hibiscus Petroleum's emissions intensity for 2023 was approximately 231,700 kg CO2e per kboe, reflecting the company's operational impact on climate change. As a Malaysian-based entity, it is crucial for Hibiscus Petroleum to align its practices with global climate goals to mitigate environmental impacts effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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 |
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.
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.
