HPCL-Mittal Energy Limited
HPCL-Mittal Energy Limited (HMEL), a prominent player in the Indian energy sector, is headquartered in India. Established in 2000, HMEL operates primarily in the oil and gas industry, focusing on refining and marketing petroleum products. The company’s flagship asset, the Bathinda Refinery in Punjab, is a testament to its commitment to innovation and efficiency. With a diverse portfolio that includes high-quality fuels, lubricants, and petrochemicals, HMEL stands out for its advanced refining technologies and sustainable practices. The company has achieved significant milestones, including the successful commissioning of its refinery, which has positioned it as a key contributor to India's energy landscape. HMEL's dedication to excellence and sustainability has solidified its reputation as a leader in the market, making it a vital player in the country's energy future.
DitchCarbon Score
How does HPCL-Mittal Energy 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.
Industry Average
Mean score of companies in the Insurance Services 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
HPCL-Mittal Energy Limited's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HPCL-Mittal Energy Limited's reported carbon emissions
In 2023, HPCL-Mittal Energy Limited (HMEL) reported total carbon emissions of approximately 4,290,000,000 kg CO2e from Scope 1 and 2, alongside 1,600,000,000 kg CO2e from Scope 3 emissions. This marked a slight decrease in Scope 1 emissions compared to 2022, which recorded about 4,340,000,000 kg CO2e. The company’s Scope 2 emissions also decreased from 160,000,000 kg CO2e in 2022 to 130,000,000 kg CO2e in 2023. In 2024, HMEL's emissions are projected to rise significantly, with Scope 1 emissions expected to reach approximately 5,950,000,000 kg CO2e and Scope 2 emissions at about 720,000,000 kg CO2e. The Scope 3 emissions are anticipated to remain constant at 1,600,000,000 kg CO2e. Despite these fluctuations in emissions, HMEL has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The company has not made any formal climate pledges or set targets under the Science Based Targets initiative (SBTi). Overall, HMEL's emissions data reflects ongoing challenges in managing carbon outputs, with a need for strategic initiatives to enhance sustainability and reduce greenhouse gas emissions in alignment with global climate goals.
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Get Started| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,910,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 160,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
HPCL-Mittal Energy Limited 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.
