Hindustan Petroleum
Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the Indian oil and gas industry, is headquartered in Mumbai, India. Established in 1974, HPCL has grown to become a key player in refining and marketing petroleum products across the country, with significant operations in various regions including northern and western India. HPCL's core offerings encompass a wide range of products, including fuels, lubricants, and petrochemicals, distinguished by their commitment to quality and innovation. The company operates a state-of-the-art refinery in Mumbai and another in Visakhapatnam, contributing to its robust market position. Notable achievements include recognition for its sustainability initiatives and a strong focus on customer satisfaction, solidifying HPCL's reputation as a trusted name in the energy sector.
DitchCarbon Score
How does Hindustan 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 Crude Oil Extraction 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
Hindustan Petroleum's score of 14 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hindustan Petroleum's reported carbon emissions
In 2023, Hindustan Petroleum Corporation Limited (HPCL) reported significant carbon emissions, totalling approximately 4304201000 kg CO2e for Scope 1, 776480000 kg CO2e for Scope 2, and a substantial 129500663000 kg CO2e for Scope 3 emissions. This data reflects HPCL's operations in India and is part of a broader commitment to sustainability. HPCL has set ambitious climate targets, aiming for Net Zero emissions for both Scope 1 and Scope 2 by 2040. This commitment was formalised in their sustainability report for 2023-24, indicating a long-term strategy to mitigate their carbon footprint. The company is currently classified as a current subsidiary of Hindustan Petroleum Corporation Limited, which influences its emissions reporting and climate initiatives. The emissions intensity metrics for HPCL indicate a focus on reducing emissions relative to revenue and production output. For instance, the total Scope 1 and Scope 2 emission intensity per rupee of turnover is reported at 0.000275 kg CO2e, while emissions per tonne of refinery throughput stand at approximately 266 kg CO2e. HPCL's climate commitments and emissions data are crucial for understanding their role in the energy sector's transition towards sustainability, particularly in the context of India's broader climate goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,582,060,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 940,371,000 | 000,000,000 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | - | - | 000,000,000,000 | 000,000,000,000 |
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.
Hindustan Petroleum is not participating in any of the initiatives that 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.
