HPCL-Mittal Energy Limited Sustainability Profile
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 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
HPCL-Mittal Energy Limited's reported carbon emissions
In 2024, HPCL-Mittal Energy Limited (HMEL) reported significant carbon emissions, totalling approximately 5,950,000,000 kg CO2e for Scope 1 and about 720,000,000 kg CO2e for Scope 2, resulting in a combined total of around 6,670,000,000 kg CO2e. This data reflects HMEL's operational impact on climate change, with emissions primarily from direct operations (Scope 1) and energy consumption (Scope 2). The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, HMEL has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. In previous years, HMEL's emissions have shown variability, with no reported emissions for 2023 and 2022 emissions data indicating a total of approximately 3,958,973,000 kg CO2e for Scope 1 and about 183,349,000 kg CO2e for Scope 2 in India. The GHG intensity for 2022 was reported at 0.00502 metric tons CO2e per revenue in INR million, suggesting a focus on improving efficiency relative to revenue generation. Overall, while HMEL has made strides in reporting its emissions, the absence of reduction targets and comprehensive Scope 3 data highlights opportunities for enhanced climate action and transparency in its sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2024 | |
|---|---|
| Scope 1 | 5,950,000,000 |
| Scope 2 | 720,000,000 |
| Scope 3 | - |
How Carbon Intensive is HPCL-Mittal Energy Limited's Industry?
How Carbon Intensive is HPCL-Mittal Energy Limited's Location?
HPCL-Mittal Energy 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-Mittal Energy 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.
