Below is the information acquired on HINDUSTAN PETROLEUM CORPORATION LIMITED, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Extraction of crude petroleum (NACE2 0610)

This company refines, markets, and transports petroleum products in India. It was incorporated in July 1952 as Standard Vacuum Refining Company of India Limited. The company has its registered head office located in Mumbai, India. Its common stock is listed on the Bombay Stock Exchange under the trading name HINDPETRO.The company, a Fortune 500 company, is the second largest oil refining and marketing company in India. It operates two refineries and has 86 regional offices; 37 terminals/tap off points; 93 depots; 42 LPG bottling plants; and 7,909 retail outlets. The company's products include petrol, diesel, auto lubricants, lpg, and aviation turbine fuel.The company offers gasoline, diesel, aviation turbine fuel, kerosene oil, liquefied petroleum gas (LPG), fuel oil, naphtha, and bitumen, as well as lubricants, specialties, and greases. It also markets and exports bulk fuels and specialties products, including fuels, bitumen, marine bunker fuels, marine lubes, hexane, propylene, jute batch oil, solvents, turpentine oil, carbon black feed stock, molten sulphur, and super kerosene oil(SKO), as well as HP FINIT, a household insecticide. The company’s international trade activities comprise crude oil imports, petroleum product imports/exports, shipping, production planning for refineries, supplies for domestic markets, and product exchange with other Indian oil marketing companies and oil price risk management. In addition, it offers LPG products under the HP Gas brand, as well as markets LPG cylinders for commercial and industrial purposes, and bulk LPG products for industries; operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates wind power farms with an installed capacity of 101 MW located in Maharashtra and Rajasthan.The company has joint venture agreements with some other companies including Guru Gobind Singh Refineries Limited (GGSRL); Hindustan Colas (HINCOL); South Asia LPG Co Pvt. Ltd. (SALPG); Mangalore Refineries and Petrochemicals Limited (MRPL); Bhagyanagar Gas Limited (BGL); and Petronet India Limited (PIL) among others.The company aims to be a world class energy company known for caring and delighting the customers with high quality products and innovative services across domestic and international markets with aggressive growth and delivering superior financial performance.
  • HINDUSTAN PETROLEUM CORPORATION LIMITED

  • India (IN)
  • Company type: Corporate
  • Parent company: OIL & NATURAL GAS CORPORATION LIMITED
  • Chief Executive Officer (CEO): Mr Mukesh Kumar Surana
  • CEO Total remuneration: N/A
  • Website: www.hindustanpetroleum.com

Financial data

Number of employees

N/A
9,448
9,696
10,239

Revenue 1

N/A
27
33
36

EBIT 1

N/A
2
445
1

EBITDA 1

N/A
2
853
2

1 numbers are in millions

  • RepRisk Indicator (last month):  14

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact:
  • N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions