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 34 is higher than 98% 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 2024, Hindustan Petroleum Corporation Limited (HPCL) reported total carbon emissions of approximately 4,717,522,000 kg CO2e for Scope 1, 1,059,353,000 kg CO2e for Scope 2, and 137,374,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting across all three scopes. HPCL has set ambitious targets to achieve Net Zero emissions for both Scope 1 and Scope 2 by the year 2040, with a focus on reducing carbon intensity. This commitment aligns with their long-term sustainability goals, which were reiterated in their recent sustainability reports. In 2023, HPCL's emissions were recorded at approximately 4,304,201,000 kg CO2e for Scope 1, 776,480,000 kg CO2e for Scope 2, and a substantial 12,950,066,000 kg CO2e for Scope 3, indicating a proactive approach to managing their carbon footprint. The company has demonstrated a consistent effort to monitor and reduce emissions, with a notable reduction in Scope 1 and 2 emissions intensity over the years. HPCL's commitment to achieving Net Zero emissions by 2040 positions them as a responsible player in the energy sector, addressing the urgent need for climate action.
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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 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.
