- Fluctuations in commodity prices impacting profitability
- High-risk industry operations requiring robust health and safety measures
- Water stress in Bathinda refinery location
- Climate change risks (physical: cyclones, floods, heat stress, water scarcity; transitional: market, policy, technology, reputational risks)
- Cybersecurity risks
- Data security risks
- Process safety risks
- Manpower management challenges
- Biodiversity impacts
- Human rights and working conditions risks
HPCL Mittal Energy Limited (HMEL)
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, HPCL Mittal Energy Limited (HMEL) disclosed greenhouse gas emissions of 6.0M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 6.0M tCO2e/year; Scope 2: 719.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
6.0M tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
Renewable Energy
6.92% (14,434 MWh out of 2085262 MWh)
of total energy
Water Usage
27.92 MCM/year (net freshwater consumption)
2023-04 to 2024-03
Waste
11.5K KT/year (production-finished goods)
2023-04 to 2024-03
Energy Use
2.1M MWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6.0M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 719.4K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 6.0M tCO2e/year (Scope 1 & 2) |
| 2022-04 to 2023-03 | 4.29 Million MT CO2e (Scope 1 & 2) |
| 2021-04 to 2022-03 | 4.1M tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 13.8MWp Rooftop Solar Project (~750 KWp installed by March 31, 2024)
- Commissioned a 300 KLPD Bio-Ethanol plant
- Planted 13,100 trees
- 100% water recycled and reused
- 11,000 MT CO2 equivalent emissions avoided from renewable energy sources
- Annual savings in OPEX of INR 20-25 million from rooftop solar installation
🎯 Climate & Sustainability Targets
🔜 Short-term
- Recording and analysis of sickness absence with targeted initiatives by 2025
- 100% integration of ESG risks in capital allocation decisions by 2025
- SOPs for investment appraisals and decisions to be framed and incorporated in material ESG risks
- 100% employees to be trained under health and safety including permanent and contractual workers by 2025
- Monitoring of process safety incidents against international benchmarks by 2025
📅 Medium-term
- 20% reduction in withdrawal of freshwater use per unit of crude processed by 2027
- Achieve 12.7% reduction in GHG emissions by 2030
- Achieve ~38% renewable energy share by 2030
- Implement development plans for senior management in Leadership, Digital and Innovation by 2025
🔭 Long-term
- Achieve net zero emissions by 2040
- Achieve 35% reduction in emissions by 2035
- Achieve 100% reduction in emissions by 2040
🌱 ESG Focus Areas
Climate ChangeEnergy ManagementGHG EmissionsWater ManagementWaste ManagementBiodiversityHealth and SafetyHuman RightsDiversity, Equity, and InclusionSupply Chain ManagementCSR