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 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 11 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hindustan Petroleum reported total carbon emissions of approximately 15,000,000,000 kg CO2e, comprising 4,304,201,000 kg CO2e from Scope 1, 776,480,000 kg CO2e from Scope 2, and about 12,950,066,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to previous years, reflecting the challenges faced in reducing carbon output amidst growing operational demands. The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, it continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. Hindustan Petroleum's emissions intensity metrics, such as emissions per rupee of turnover and emissions per refinery throughput, are also tracked, with values of 0.000275 INR and 266.0 kg CO2e respectively in 2023. These metrics are essential for assessing the company's operational efficiency and environmental performance over time. Overall, while Hindustan Petroleum has made strides in emissions reporting, the absence of defined reduction targets suggests a need for enhanced climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 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 | 00,000,000,000 |
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 committed to some 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.