Hindustan Petroleum Sustainability Profile
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 31 is higher than 63% 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 significant carbon emissions, totalling approximately 4,717,522,000 kg CO2e for Scope 1, 1,059,353,000 kg CO2e for Scope 2, and 137,374 kg CO2e for Scope 3 emissions. The Scope 1 emissions primarily stem from direct operations, while Scope 2 emissions relate to purchased electricity. The Scope 3 emissions include categories such as business travel and the use of sold products, with the latter contributing the majority at about 135,056 kg CO2e. In 2023, HPCL's emissions were slightly lower, with Scope 1 at approximately 4,304,201,000 kg CO2e, Scope 2 at 776,480,000 kg CO2e, and Scope 3 emissions reaching about 129,500,663,000 kg CO2e. This indicates a substantial increase in Scope 3 emissions, which may reflect broader operational changes or increased product sales. HPCL has set ambitious climate commitments, aiming for Net Zero emissions for both Scope 1 and Scope 2 by 2040. This long-term target reflects the company's dedication to reducing its carbon footprint and aligns with global climate initiatives. The commitment is part of a broader strategy to enhance sustainability and reduce greenhouse gas emissions across its operations. The emissions data for HPCL is cascaded from its parent company, Hindustan Petroleum Corporation Limited, which oversees the overall performance and sustainability initiatives. This corporate relationship underscores HPCL's alignment with industry standards and climate action goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 |
| Scope 2 | 940,371,000 | 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 |
How Carbon Intensive is Hindustan Petroleum's Industry?
How Carbon Intensive is Hindustan Petroleum's Location?
Hindustan Petroleum's Scope 3 Categories Breakdown
Hindustan Petroleum's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Hindustan Petroleum's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hindustan Petroleum has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
