HPL Electric & Power Limited Sustainability Profile
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 76% 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 reflects a decrease from 2023, where the company recorded total emissions of about 9,787,000 kg CO2e, with Scope 1 emissions at 353,000 kg CO2e and Scope 2 emissions at 9,437,000 kg CO2e. Despite these figures, HPL Electric & Power Limited has not set specific reduction targets or climate pledges, nor does it report any Scope 3 emissions. The company’s emissions data is not cascaded from any parent organisation, indicating that it operates independently in its reporting and climate commitments. Overall, HPL Electric & Power Limited is actively monitoring its carbon footprint, but further commitments and reduction initiatives would enhance its sustainability profile in the industry.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 353,000 | 000,000 |
| Scope 2 | 9,437,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is HPL Electric & Power Limited's Industry?
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HPL Electric & Power 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.
HPL Electric & Power 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.
