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OrganisationsHindustan Petroleum
Hindustan Petroleum logo

Hindustan Petroleum

Crude Oil ExtractionIndiaNSE: HINDPETRO.NS
Last verified 4 months agohindustanpetroleum.com

Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the crude petroleum industry, is headquartered in India. Established in 1974, HPCL has grown to become a key provider of services related to crude oil extraction, excluding surveying, with significant operations across various regions in India.

The company is renowned for its refining and marketing of petroleum products, including fuels, lubricants, and petrochemicals. HPCL's commitment to innovation and sustainability sets it apart in the competitive landscape. With a robust market position, it has achieved notable milestones, including the establishment of state-of-the-art refineries and a vast network of retail outlets.

HPCL's dedication to quality and customer satisfaction has solidified its reputation as a trusted name in the industry, making it a vital contributor to India's energy sector.

19
DitchCarbon score

+4 vs industry average

Hindustan Petroleum’s score of 19 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Crude Oil Extraction is among the most carbon-intensive industries

Industry performance

0.356
20192025

The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hindustan Petroleum's reported carbon emissions

Hindustan Petroleum (HPCL) in India, operating in the crude petroleum and related services sector, has outlined ambitious climate commitments, including a target to achieve Net Zero emissions for Scope 1 and 2 by 2040.

For the reporting year 2024, HPCL reported Scope 1 emissions of approximately 4,717,522,000 kg CO2e and Scope 2 emissions of about 1,059,353,000 kg CO2e. Scope 3 emissions for the same period were approximately 137,374 kg CO2e, with specific breakdowns for business travel, employee commute, use of sold products, fuel and energy-related activities, upstream transportation and distribution, and downstream transportation and distribution.

In 2023, HPCL's Scope 1 emissions were approximately 4,304,201,000 kg CO2e, and Scope 2 emissions were around 776,480,000 kg CO2e.

Earlier reporting shows:

  • 2022: Scope 1 emissions were approximately 3,341,600,000 kg CO2e, and Scope 2 emissions were about 637,000,000 kg CO2e. Scope 3 emissions were substantial, driven by the use of sold products at approximately 14,503,000,000 kg CO2e, along with employee commute, fuel and energy-related activities, upstream and downstream transportation and distribution.
  • 2021: Scope 1 emissions stood at approximately 3,854,200,000 kg CO2e, with Scope 2 emissions at about 670,000,000 kg CO2e.
  • 2020: Scope 1 emissions were approximately 3,654,600,000 kg CO2e, and Scope 2 emissions were about 699,000,000 kg CO2e.
  • 2016: Scope 1 emissions were approximately 3,410,000,000 kg CO2e, and Scope 2 emissions were around 450,000,000 kg CO2e. Scope 3 emissions included employee commute, upstream and downstream transportation and distribution.
  • 2015: Scope 1 emissions were approximately 3,390,000,000 kg CO2e, with Scope 2 emissions at about 430,000,000 kg CO2e.

HPCL's commitment to achieving Net Zero for Scope 1 and 2 emissions by 2040 underscores its dedication to climate action within the crude petroleum industry. The company's sustainability reports, referenced for these figures, are a key source of its environmental performance data. HPCL operates as a current subsidiary and its climate initiatives align with broader corporate family efforts.

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Hindustan Petroleum’s Climate Goals (2030 & 2050)

2 goals

2040

HPCL is committed to achieving Net Zero emissions (Scope 1 a…

HPCL is committed to achieving Net Zero emissions (Scope 1 and 2) by 2040.

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Use of Sold Products98%
Downstream Transportation & Distribution1%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Employee Commuting0%
Business Travel0%
Use of Sold Products98%
Downstream Transportation & Distribution1%
Upstream Transportation & Distribution1%
Fuel & Energy Activities0%
Employee Commuting0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Oil and Natural Gas Corporation Limited
See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

Inherited from Oil and Natural Gas Corporation Limited
See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hindustan Petroleum logoHindustan Petroleum
INCrude Oil Extraction
4 months ago
19
Royal Dutch Shell logoRoyal Dutch Shell
GBPetroleum Refineries
12 hours ago
85
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
4 hours ago
71
View
Larsen And Toubro logoLarsen And Toubro
INConstruction Work
27 days ago
47
View
Bp logoBp
GBCrude Petroleum Extraction
12 hours ago
43
View
Reliance Industries logoReliance Industries
INBusiness Services
26 minutes ago
42
View
Hindustan Colas Private Limited logoHindustan Colas Private Limited
INCrude Oil Extraction
3 months ago
42
View

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