- Lower refining margins and substantial inventory and foreign exchange variation losses.
- Market risk (currency, interest rate, commodity rate, price risks).
- Liquidity risk.
- Credit risk.
- Eviction from Retail Outlets.
- Non-compliance with Competition Law.
- Non-adherence to statutory/internal compliances.
- HSSE risks (occupational health and safety, cybersecurity).
- Inadequate infrastructure (LPG import dependency, lack of facilities at Navi Mumbai airport, incomplete MWP for gas business).
- Succession planning and talent shortage.
Bharat Petroleum Corporation Limited
Greenhouse gas emissions & sustainability report data
In its 2019-04 to 2020-03 reporting, Bharat Petroleum Corporation Limited disclosed greenhouse gas emissions of 104.4K + 1686400 MT CO2e (Scope 1 & 2). By scope: Scope 1: 3.5K thousand MTCO2e; Scope 2: 259.36 thousand MTCO2e; Scope 3: 11.2K thousand MTCO2e. 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
104.4K + 1686400 MT CO2e (Scope 1 & 2)
2019-04 to 2020-03
Water Usage
62.0K thousand KL
2019-04 to 2020-03
Waste
5.0K MT (hazardous) 9330.66 MT (non-hazardous)
2019-04 to 2020-03
📊 Emissions by Scope (2019-04 to 2020-03)
| 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). | 3.5K thousand MTCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 259.36 thousand MTCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 11.2K thousand MTCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Increased renewable energy capacity by 37%, from 31.7 MW to 43.43 MW.
- Augmented energy-efficient lighting capacity by 41%, from 12.7 MW to 17.95 MW.
- Annual reduction of Greenhouse Gas (GHG) emissions by more than 104,376 MT CO2e through renewable energy initiatives.
- Further GHG emission reduction by 1,686,400 MTCO2e through pipelines, LPG under PMUY, and biofuels.
- Reduced specific energy consumption at Kochi and Mumbai Refineries by 3.6% and 3.1% respectively.
- Mumbai Refinery became the first in India to convert 100% of conventional lights to LEDs, saving 9,840 MWh/annum and reducing CO2 emissions by 7,085 MT/annum.
- Responsibly disposed of approximately 350 MT of organic waste through composting.
- Increased carbon sink by approximately 8000 MTCO2e through tree plantation.
- Planted 3.2 lakh trees, aiming for 1 million by 2030.
- Recycled and reused 4210.9 TKLs of wastewater at Kochi Refinery and 2639.7 TKLs at Mumbai Refinery.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Plant 1 million trees by 2030.
- Solarisation of 7200 Retail Outlets across India.
🌱 ESG Focus Areas
EconomicEnvironmentalSocialGovernance