HPCL-Mittal Energy Limited

HPCL-Mittal Energy Limited's reported carbon emissions

In 2024, HPCL-Mittal Energy Limited (HMEL) reported total carbon emissions of approximately 6.67 billion kg CO2e, comprising 5.95 billion kg CO2e from Scope 1 emissions and 720 million kg CO2e from Scope 2 emissions. Notably, HMEL has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the significant emissions figures, there are currently no publicly stated reduction targets or climate pledges from HMEL. The absence of specific reduction initiatives or commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a key player in the energy sector, HMEL's emissions data is crucial for understanding its environmental impact and aligning with industry standards for sustainability. The company’s emissions intensity, measured in relation to revenue, was reported at 0.0073 metric tons CO2e per INR million in 2024, reflecting its operational efficiency in relation to financial performance. Overall, while HMEL has made strides in emissions reporting, the lack of reduction targets highlights an opportunity for the company to enhance its climate commitments and align with global sustainability goals.