HPL Electric & Power Limited
HPL Electric & Power Limited, commonly referred to as HPL, is a prominent player in the electrical equipment industry, headquartered in India. Established in 1956, the company has made significant strides in the manufacturing of a diverse range of products, including energy meters, circuit breakers, and LED lighting solutions. With a strong presence in major operational regions across India, HPL has built a reputation for innovation and quality. The company is recognised for its commitment to advanced technology and sustainable practices, setting it apart in a competitive market. HPL's core offerings not only meet stringent industry standards but also cater to the evolving needs of consumers. Over the years, HPL has achieved notable milestones, solidifying its position as a trusted name in the electrical sector, and continues to drive growth through its dedication to excellence and customer satisfaction.
DitchCarbon Score
How does HPL Electric & Power 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 Electrical Machinery Manufacturing 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
HPL Electric & Power Limited's score of 21 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HPL Electric & Power Limited's reported carbon emissions
In 2024, HPL Electric & Power Limited reported total carbon emissions of approximately 11,362,000 kg CO2e, comprising 250,000 kg CO2e from Scope 1 and 11,120,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2023, where the company recorded total emissions of about 9,787,000 kg CO2e, with 353,000 kg CO2e from Scope 1 and 9,437,000 kg CO2e from Scope 2. Despite these figures, HPL Electric & Power Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. The company’s commitment to addressing climate change remains unclear, as no formal climate pledges or science-based targets have been established. Overall, while HPL Electric & Power Limited has made strides in emissions reporting, further transparency and commitment to reduction initiatives would enhance their climate strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 353,000 | 000,000 |
| Scope 2 | 9,437,000 | 00,000,000 |
| 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.
HPL Electric & Power 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.
