Hibiscus Petroleum
Hibiscus Petroleum Berhad, a prominent player in the oil and gas industry, is headquartered in Malaysia (MY) and operates primarily in Southeast Asia and the United Kingdom. Founded in 2007, the company has achieved significant milestones, including successful exploration and production ventures that underscore its commitment to sustainable energy solutions. Specialising in upstream oil and gas activities, Hibiscus Petroleum focuses on exploration, development, and production of hydrocarbons. Its unique approach combines innovative technology with a strong emphasis on environmental stewardship, setting it apart in a competitive market. The company has established a solid market position, recognised for its operational efficiency and strategic partnerships, which enhance its growth potential in the energy sector.
DitchCarbon Score
How does Hibiscus Petroleum'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 Gas/Diesel Oil 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
Hibiscus Petroleum's score of 25 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hibiscus Petroleum's reported carbon emissions
In 2025, Hibiscus Petroleum reported total carbon emissions of approximately 29,000 kg CO2e. This figure represents a significant reduction from previous years, where emissions were notably higher. For instance, in 2024, the company recorded total emissions of about 6,767,692,000 kg CO2e, which included Scope 1 emissions of approximately 6,765,417,000 kg CO2e, Scope 2 emissions of about 2,275,000 kg CO2e, and Scope 3 emissions of around 52,001,000 kg CO2e. In 2023, Hibiscus Petroleum's total emissions were approximately 7,249,428,000 kg CO2e, with Scope 1 emissions at about 7,247,324,000 kg CO2e, Scope 2 emissions of approximately 2,104,000 kg CO2e, and Scope 3 emissions of around 50,092,000 kg CO2e. The trend shows a substantial decrease in emissions over the years, indicating the company's commitment to reducing its carbon footprint. Despite the significant emissions in previous years, there are currently no publicly disclosed reduction targets or climate pledges from Hibiscus Petroleum. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. This lack of formal targets suggests that while emissions have decreased, a structured approach to long-term climate commitments may still be in development. Hibiscus Petroleum's headquarters is located in Malaysia (MY), and the company operates within the oil and gas sector, which is under increasing scrutiny for its environmental impact. The ongoing efforts to reduce emissions are crucial for aligning with global climate goals and enhancing sustainability practices in the industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 533,325,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,683,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Hibiscus Petroleum 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.
