Public Profile

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.

14

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.

21

Industry Benchmark

HPL Electric & Power Limited's score of 14 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

HPL Electric & Power Limited's reported carbon emissions

In 2023, HPL Electric & Power Limited reported total carbon emissions of approximately 9,790,000 kg CO2e, comprising 353,000 kg CO2e from Scope 1 and 9,437,000 kg CO2e from Scope 2 emissions. The following year, 2024, emissions decreased to about 11,312,000 kg CO2e, with Scope 1 emissions at 250,000 kg CO2e and Scope 2 emissions rising to 11,312,000 kg CO2e. 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 defined climate commitments or Science-Based Targets Initiative (SBTi) targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a player in the electric and power sector, HPL Electric & Power Limited is positioned within an industry increasingly focused on sustainability and carbon reduction, highlighting the importance of establishing clear climate commitments to align with global efforts to combat climate change.

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20232024
Scope 1
353,000
000,000
Scope 2
9,437,000
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HPL Electric & Power Limited's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. HPL Electric & Power Limited is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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