20 October 2026
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HPCL Receives ‘Inadequate’ ESG Rating with Overall Score of 39 from ESG Risk Assessments & Insights 

ESG Risk Assessments & Insights Limited assigned HPCL environmental, social and governance scores of 27.78, 45.33 and 49.37, respectively. 
Indian Masterminds Stories

New Delhi: Hindustan Petroleum Corporation Limited (HPCL) has received an Environmental, Social and Governance (ESG) rating of ‘Inadequate’ with an overall score of 39 from ESG Risk Assessments & Insights Limited as of September 9, 2026.

The rating covers HPCL’s performance across environmental, social and governance parameters in the Petroleum Products sector.

HPCL ESG Rating and Scores

As per the disclosure made by HPCL to the stock exchanges, the company received the following ESG scores:

  • Overall ESG Score: 39
  • Environmental Score: 27.78
  • Social Score: 45.33
  • Governance Score: 49.37
  • ESG Rating Category: Inadequate
  • Sector: Petroleum Products

Read also: HPCL Participates in MC² Ignite Event in Bengaluru, MoU with IISc to Boost Energy Innovation 

Environmental Score Stands at 27.78

HPCL received an Environmental score of 27.78, which is the lowest among the three ESG parameters assessed by the rating agency.

The environmental component forms part of the overall ESG assessment of the company within the petroleum products sector.

Social and Governance Scores

HPCL recorded a Social score of 45.33 and a Governance score of 49.37.

The governance score was the highest among the three individual parameters, followed by the social score.

Together with the environmental assessment, these parameters resulted in HPCL’s overall ESG score of 39 and an ‘Inadequate’ rating category.

ESG Rating Independently Prepared by Agency

HPCL clarified that the ESG rating was independently prepared by ESG Risk Assessments & Insights Limited.

The company also stated that it had not engaged the agency for carrying out the ESG rating.

The disclosure has been made by HPCL under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About Hindustan Petroleum Corporation Limited

Hindustan Petroleum Corporation Limited (HPCL) is a major Indian oil and gas company engaged in the refining, marketing and distribution of petroleum products. It operates refineries and an extensive network of fuel stations and other energy infrastructure across India.

Read also: HPCL Receives ‘Crisil ESG 60’ Rating in Independent Assessment by CRISIL ESG Ratings & Analytics 


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