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.
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.
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.
Hindustan Petroleum's score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hindustan Petroleum Corporation Limited (HPCL) reported total greenhouse gas emissions of approximately 471,752,200 kg CO2e for Scope 1, 1,059,353,000 kg CO2e for Scope 2, and a significant 137,373,805,000 kg CO2e for Scope 3 emissions. This data reflects HPCL's comprehensive approach to emissions reporting, covering all three scopes of emissions. HPCL has set ambitious climate commitments, aiming for Net Zero emissions for both Scope 1 and Scope 2 by 2040. This long-term target demonstrates the company's dedication to reducing its carbon footprint and aligns with global climate action initiatives. The commitment was established in 2023, indicating a proactive stance towards sustainability. The emissions intensity for HPCL's operations in 2023 was reported at approximately 259 kg CO2e per tonne for Scope 1 and Scope 2 combined, highlighting the company's ongoing efforts to improve efficiency and reduce emissions in its operations. HPCL's emissions data is cascaded from its parent organization, Hindustan Petroleum Corporation Limited, ensuring that the reported figures are consistent with the broader corporate family’s sustainability initiatives. The company is actively engaged in various climate initiatives, including participation in the CDP, which further underscores its commitment to transparency and accountability in environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,582,060,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 940,371,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 000,000,000 | - | - | 000,000,000,000 | 000,000,000,000 |
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.
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.