Hindustan Petroleum
Hindustan Petroleum Corporation Limited (HPCL), a prominent player in the Indian oil and gas industry, is headquartered in Mumbai, India. Established in 1974, HPCL has grown to become a key player in refining and marketing petroleum products across the country, with significant operations in various regions including northern and western India. HPCL's core offerings encompass a wide range of products, including fuels, lubricants, and petrochemicals, distinguished by their commitment to quality and innovation. The company operates a state-of-the-art refinery in Mumbai and another in Visakhapatnam, contributing to its robust market position. Notable achievements include recognition for its sustainability initiatives and a strong focus on customer satisfaction, solidifying HPCL's reputation as a trusted name in the energy sector.
DitchCarbon Score
How does Hindustan 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 Crude Oil Extraction 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
Hindustan Petroleum's score of 14 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hindustan Petroleum's reported carbon emissions
In 2023, Hindustan Petroleum Corporation Limited (HPCL) reported total carbon emissions of approximately 137,373,805,000 kg CO2e, comprising 4,717,522,000 kg CO2e from Scope 1, 1,059,353,000 kg CO2e from Scope 2, and 137,373,805,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw similar figures with Scope 1 emissions at about 4,304,201,000 kg CO2e, Scope 2 at 776,480,000 kg CO2e, and Scope 3 at 129,500,663,000 kg CO2e. HPCL has set ambitious climate commitments, aiming for Net Zero emissions for both Scope 1 and Scope 2 by 2040. This long-term target reflects the company's dedication to reducing its carbon footprint and aligning with global climate goals. The company is actively working towards these targets, demonstrating a commitment to sustainability in the mineral fuels and oils sector. HPCL's emissions intensity for 2023 was reported at 259.0 tonnes CO2e per unit of production, indicating a focus on improving operational efficiency and reducing greenhouse gas emissions. As the company progresses towards its Net Zero goal, it will be crucial to monitor its emissions reduction strategies and overall impact on climate change.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,582,060,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 940,371,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 000,000,000 | - | - | 000,000,000,000 | 000,000,000,000 |
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.
Hindustan 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.
