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 29 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hindustan Petroleum's reported carbon emissions
In 2023, Hindustan Petroleum Corporation Limited (HPCL) reported total carbon emissions of approximately 4,304,201,000 kg CO2e for Scope 1, 776,480,000 kg CO2e for Scope 2, and 12,950,066,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting. Over the years, HPCL has shown fluctuations in emissions, with Scope 1 emissions peaking at about 3,854,200,000 kg CO2e in 2021 and Scope 2 emissions reaching a high of 965,040,000 kg CO2e in 2012. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to understanding and managing their carbon footprint. Despite the detailed emissions reporting, HPCL has not set specific reduction targets or initiatives as part of their climate commitments. This absence of defined reduction goals suggests a need for further strategic planning in their sustainability efforts. HPCL's emissions intensity, which measures emissions relative to production, has varied, with a reported intensity of 266.0 in 2023. The company continues to navigate the challenges of reducing its carbon footprint while maintaining operational efficiency in the competitive energy sector.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,216,945,000 | 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 | 0,000,000,000 |
| Scope 2 | 965,040,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 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 | 000,000,000 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 00,000,000,000 | 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 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.
