Hindustan Petroleum Corporation Limited

Mumbai, India

Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and natural gas company involved in the exploration, production, refining, transportation, and marketing of petroleum products, playing a key role in fulfilling India’s energy needs.

CCI Score

37.56

-0.02% April 18

Latest Event

HPCL's Rs 50,000 cr Renewable Energy Investment

State-run HPCL announced plans to invest ₹50,000 crore to build a 10 GW renewable energy portfolio by 2030 through its wholly-owned subsidiary, HPCL Renewable and Green Energy Ltd. This move signals a strategic shift toward sustainable energy practices, potentially reducing the company’s long-standing reliance on fossil fuels and its association with traditional, authoritarian-aligned energy policies.

Take Action

So what can you do? Support HPCL by shopping, spreading the word, or offering your support.

Shop Alternatives SEE ALL: Mercuria

BP

Shell
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

DISSENTER

Hindustan Petroleum Corporation Limited is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

FEB

14

2025

HPCL's Rs 50,000 cr Renewable Energy Investment
41.27

State-run HPCL announced plans to invest ₹50,000 crore to build a 10 GW renewable energy portfolio by 2030 through its wholly-owned subsidiary, HPCL Renewable and Green Energy Ltd. This move signals a strategic shift toward sustainable energy practices, potentially reducing the company’s long-standing reliance on fossil fuels and its association with traditional, authoritarian-aligned energy policies.
+30

Public and Political Behavior

March 23

HPCL’s investment plan, coming from a state-run entity with a fossil fuel legacy, reflects a moderate enhancement in its public and political behavior. While the move towards renewables is a positive sign, the historical context and existing state affiliations temper the score.

HPCL plans Rs 50,000 cr investment to build 10 GW RE portfolio by 2030
+50

Business Practices and Ethical Responsibility

March 23

The planned ₹50,000 crore investment into renewable energy demonstrates a significant shift in business practices. This move is viewed positively as it diversifies HPCL's operations away from fossil fuels, aligning more closely with ethical and sustainable business practices.

HPCL plans Rs 50,000 cr investment to build 10 GW RE portfolio by 2030
+50

Technology and Services Impact

March 23

HPCL’s efforts to build a renewable portfolio, including initiatives in green hydrogen, solar power, and expansion of EV charging infrastructure, reflect a strong positive impact on technology and services. This technological shift supports a move away from repressive, outdated fossil fuel technologies.

HPCL plans Rs 50,000 cr investment to build 10 GW RE portfolio by 2030
+40

Economic and Structural Influence

March 23

Although historically entrenched in fossil fuel operations, this strategic investment in renewables may signal a gradual restructuring of HPCL’s economic influence. The initiative could diminish the company’s reliance on traditional energy regimes that have been linked with authoritarian practices.

HPCL plans Rs 50,000 cr investment to build 10 GW RE portfolio by 2030
JUL

11

2024

HPCL Commits to UN Global Compact Principles
78.69

HPCL publicly outlines its commitment to internationally proclaimed human rights, labor rights, and environmental responsibility as part of its membership in the UN Global Compact, reinforcing its stance against practices that could contribute to authoritarianism.
+85

Labor Relations and Human Rights Practices

March 23

The article details HPCL’s commitment to the UN Global Compact principles, emphasizing protection of human rights, elimination of forced labor, and respect for collective bargaining. This proactive stance in upholding labor and human rights practices represents a positive corporate behavior that contrasts with policies that could fuel authoritarianism or fascist practices.

UNGC (Global Compact) - Hindustan Petroleum Corporation Ltd. or HPCL
JUN

27

2023

HPCL Silent on Community Protest Over Proposed Petrochemical Refinery
-41.71

HPCL failed to respond to local community protests regarding environmental and livelihood threats associated with a proposed Saudi-backed petrochemical refinery, raising concerns about its ethical business practices.
-50

Business Practices and Ethical Responsibility

March 23

Hindustan Petroleum Corporation Limited did not address local community protests highlighting potential deforestation, pollution, and water access issues linked to the proposed petrochemical refinery. This non-response reflects a disregard for ethical responsibilities and community welfare, indirectly supporting broader systemic neglect that can facilitate authoritarian practices.

Hindustan Petroleum Corporation Limited did not respond
MAY

01

2023

HPCL Labour Law Compliance Fortnight 2.0
57.49

HPCL organized Labour Law Compliance Fortnight 2.0 from May 1st to May 15th, 2023, aimed at raising awareness about statutory labour compliances among its contractors, contract workers, and officers. The initiative includes training sessions, health camps, and sessions about government schemes, showcasing the company’s commitment to upholding labour rights and ethical labor practices.
+70

Labor Relations and Human Rights Practices

March 23

By organizing a comprehensive Labour Law Compliance Fortnight, HPCL demonstrates a proactive approach to worker rights and safety. The initiative provides training and awareness on statutory compliances, which supports ethical labor practices and reduces potential exploitation. This positive action is a significant counter to oppressive labor practices, and it contributes positively against corporate complicity in authoritarian tendencies.

HPCL observed Labour Law Compliance Fortnight 2.0
JAN

01

2021

HPCL Human Rights Policy Commitment
52.05

HPCL reinforces its commitment to human rights by adopting a comprehensive policy that supports labor rights, inclusive employment, and ethical business practices, aligning with international human rights standards and reducing complicity in human rights abuses.
+80

Labor Relations and Human Rights Practices

March 23

HPCL’s human rights policy is robust, outlining commitments to equal opportunity, union engagement, safe and healthy work environments, and grievance redressal mechanisms. The policy references international standards such as the UN Guiding Principles and emphasizes ethical practices, thereby strongly opposing practices that could enable authoritarian or fascist abuses.

Human Rights Policy - HPCL