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Sugar Products
IN
updated a month ago

HPCL Biofuels Limited Sustainability Profile

Company website

HPCL Biofuels Limited, a subsidiary of Hindustan Petroleum Corporation Limited, is a prominent player in the biofuels industry, headquartered in India. Established in 2008, the company has made significant strides in the production of bioethanol and other renewable energy solutions, primarily operating in key regions such as Bihar and Uttar Pradesh. Specialising in the manufacture of biofuels from sugarcane and other feedstocks, HPCL Biofuels stands out for its commitment to sustainable practices and innovation. The company’s core products include bioethanol, which is increasingly vital for blending with petrol to reduce carbon emissions. With a strong market position, HPCL Biofuels has achieved notable milestones, contributing to India's renewable energy goals and enhancing energy security.

DitchCarbon Score

How does HPCL Biofuels Limited'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.

31

Industry Average

Mean score of companies in the Sugar Products 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.

11

Industry Benchmark

HPCL Biofuels Limited'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.

63%

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HPCL Biofuels Limited's reported carbon emissions

Inherited from Hindustan Petroleum Corporation Limited

HPCL Biofuels Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Hindustan Petroleum Corporation Limited, which may influence its climate commitments and emissions reporting. As of now, HPCL Biofuels Limited has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of documented reduction targets suggests that the company is still in the early stages of formalising its climate strategy. The emissions data and performance metrics may be inherited from its parent company, Hindustan Petroleum Corporation Limited, which operates at a higher cascade level (level 1). This relationship may provide insights into broader corporate sustainability efforts, although specific figures for HPCL Biofuels Limited are not disclosed. In summary, while HPCL Biofuels Limited is part of a larger corporate family with potential climate commitments, it currently lacks specific emissions data and reduction targets. The company may benefit from aligning its strategies with those of its parent organisation to enhance its climate action framework.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2012201320142015201620202021202220232024
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 HPCL Biofuels Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HPCL Biofuels Limited's primary industry is Candy/sugar products, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is HPCL Biofuels Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HPCL Biofuels Limited is in IN, which has a very high grid carbon intensity relative to other regions.

HPCL Biofuels Limited's Scope 3 Categories Breakdown

HPCL Biofuels Limited'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

2024
Use of Sold Products
98%
Downstream Transportation & Distribution
<1%
Upstream Transportation & Distribution
<1%
Fuel and Energy Related Activities
<1%
Employee Commuting
<1%
Business Travel
<1%

HPCL Biofuels Limited'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.

HPCL Biofuels Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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