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 84% 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 2024, HPCL-Mittal Energy Limited (HMEL) reported total carbon emissions of approximately 6,670,000,000 kg CO2e, comprising 5,950,000,000 kg CO2e from Scope 1, 720,000,000 kg CO2e from Scope 2, and 1,600,000,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to 2023, where total emissions were about 6,590,000,000 kg CO2e, with Scope 1 emissions at 4,290,000,000 kg CO2e, Scope 2 at 130,000,000 kg CO2e, and Scope 3 remaining constant at 1,600,000,000 kg CO2e. In 2022, HMEL's emissions were approximately 6,400,000,000 kg CO2e, with Scope 1 emissions at 4,340,000,000 kg CO2e and Scope 2 at 160,000,000 kg CO2e. The trend indicates a significant increase in Scope 1 emissions over the years, reflecting the company's operational intensity. Despite the rising emissions, HMEL has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The company has reported its emissions across all three scopes, demonstrating transparency in its climate impact. However, without defined reduction commitments or climate pledges, HMEL's approach to addressing climate change remains unclear within the current industry context. Overall, HMEL's emissions data highlights the challenges faced in reducing carbon outputs while maintaining operational growth, underscoring the need for strategic climate action in the energy sector.
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| 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.
