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 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HPCL-Mittal Energy Limited's reported carbon emissions
In 2024, HPCL-Mittal Energy Limited (HMEL) reported total carbon emissions of approximately 5,950,000,000 kg CO2e for Scope 1 and 720,000,000 kg CO2e for Scope 2, resulting in combined emissions of about 6,670,000,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. For the previous year, 2023, no emissions data was reported. However, in 2022, HMEL's emissions in India were approximately 3,958,973,000 kg CO2e for Scope 1 and 183,349,000 kg CO2e for Scope 2, totalling around 4,142,322,000 kg CO2e. The GHG intensity for 2022 was reported at 0.00502 metric tons CO2e per revenue in INR million. Despite the significant emissions figures, HMEL has not set specific reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is self-reported and does not cascade from any parent organisation. Overall, while HMEL has made strides in reporting its emissions, the absence of reduction targets highlights an area for potential improvement in its climate commitments.
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| 2024 | |
|---|---|
| Scope 1 | 5,950,000,000 |
| Scope 2 | 720,000,000 |
| Scope 3 | - |
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 participating in any of the initiatives that 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.
