Chennai Petroleum Corporation Limited Reports on Sustainable Operations and ESG Commitments for FY 2025-26

Chennai Petroleum Corporation Limited Reports on Sustainable Operations and ESG Commitments for FY 2025-26​

Chennai Petroleum Corporation Limited (CPCL), a group company of Indian Oil Corporation Ltd (IOCL) and established since December 30, 1965, has detailed its operations and sustainability efforts in the Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report details the company's role in refining and manufacturing petroleum products while highlighting commitments across environmental stewardship, social responsibility, and human rights.

Operational Scope and Market Presence​

CPCL’s primary business activity is the processing of crude oil into refined petroleum products and related goods, accounting for 100% of its turnover. The company operates a network comprising two plants and three offices nationally.

The enterprise supplies various refined fuels to different markets, with key products contributing significant percentages of total turnover:


CPCL operates exclusively within the domestic market in India, though it supports exports of certain products like HSD and Naphtha through IOCL. The company’s customer base is diverse, including its parent company IOCL, local petrochemical industries that utilize CPCL's products as raw materials, and end consumers served through the branded retail outlet initiative, CPCL SOOPER.

Environmental Stewardship and Resource Efficiency​

CPCL has set a commitment to achieve Net Zero Operational emissions by 2046. Significant environmental initiatives undertaken during the reporting period included renewable energy integration and resource conservation across operations.

For FY 2025-26, CPCL installed 3.1 MW of rooftop solar power, generating 2.62 Million units of power from these solar panels. Furthermore, demonstrating commitment to cleaner energy sources, the company generated 31.4 Million Units of power using a windmill farm in Dindigul District, which was the first of its kind in the oil industry.

In water management, the facilities utilize advanced methods for resource conservation. For FY 2025-26, CPCL managed an intensive operational focus on water use and discharge, with total water consumption reported at 84,15,670 kilolitres. Treated effluent is repurposed for uses such as boiler feed water and cooling tower make-up.

The company's commitment to waste management resulted in the generation of 19,202.94 metric tonnes of total waste (including plastic and hazardous waste) during FY 2025-26. Of this amount, 10,010.57 metric tonnes were recovered through recycling or re-use operations.

Compliance and Risk Management​

CPCL is a designated consumer under the Performance, Achieve and Trade (PAT) Scheme of the Government of India. The company achieved an actual MBN of 75.2 against its target of 76.85 in PAT Cycle VI for the assessment year FY 2022-23, making it eligible for the award of 18,162 ESCerts.

The corporation has addressed past environmental matters related to an oil spill that occurred during a cyclone in December 2023, which led to an environmental compensation levy by the Tamil Nadu Pollution Control Board (TNPCB). CPCL contested this levy and subsequently deposited a Bank Guarantee of ₹19.12 crore on April 15, 2025, and another deposit of ₹3.12 crore in April 2025, with the case currently proceeding before the National Green Tribunal (NGT).

Human Rights and Social Responsibility​

CPCL maintains a strong focus on human rights adherence within its workforce and supply chain. The company ensures that all employees are aware of their responsibilities concerning human rights. For FY 2025-26, there were zero reported instances of complaints related to sexual harassment, discrimination at the workplace, child labor, forced or involuntary labor, or wages among employees or workers.

The company adheres to a preferential procurement policy that aims to support marginalized groups and local industry. Procurement from Micro and Small Enterprises (MSEs) stood at 66.2% in FY 2025-26.

Furthermore, the corporation actively undertakes CSR initiatives across various states and districts, focusing on community development, healthcare, education, and livelihood projects, with multiple programs targeting vulnerable and marginalized groups.

Workforce and Governance​

The company employed a total of 739 employees and 664 workers in FY 2025-26. The management oversight is shared between Mr. H. Shankar, Managing Director & CEO, and Mr. Rohit Kumar Agrawala, Director (Finance) & CFO.

Key stakeholder engagement groups include government, industry associations, business partners, customers, investors, and regulatory bodies. CPCL maintains comprehensive policies across operations, including a Code of Conduct for Board members and Senior Management Personnel to mitigate corruption and bribery risks.

CHENNPETRO Stock Price Movement​

Chennai Petroleum Corporation Limited shares rallied on Friday, edging higher by 1.66% to settle at ₹1260.6. The stock traded within its daily range of ₹1222.3 and ₹1274, with a total volume of 1.50 million shares exchanged during the session.