Business Responsibility & Sustainability Report Highlights MRPL’s Commitment to Renewable Energy, Green Hydrogen, Circular Economy, Workplace Safety, and Transparent Corporate Governance
Mangaluru, Karnataka: Mangalore Refinery and Petrochemicals Limited (MRPL), a Schedule ‘A’ Miniratna Central Public Sector Enterprise (CPSE) and a subsidiary of Oil and Natural Gas Corporation (ONGC), has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025–26. The report was submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in compliance with Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The BRSR, published as part of MRPL’s Annual Report, outlines the company’s long-term sustainability strategy, reaffirming its commitment to environmental stewardship, responsible corporate governance, employee well-being, and India’s clean energy transition.
MRPL Sets Ambitious Net Zero Target for 2038
One of the most significant announcements in the report is MRPL’s commitment to achieving Net Zero Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions by 2038.
This target reflects the company’s long-term strategy to reduce its environmental footprint by improving operational efficiency, adopting cleaner technologies, and increasing the use of renewable energy sources.
Scope 1 emissions include direct emissions from company-owned operations, while Scope 2 emissions relate to indirect emissions from purchased electricity and energy.
Key Sustainability Priorities
The report outlines several strategic initiatives that will guide MRPL’s sustainability journey over the coming years.
Renewable Energy Integration
MRPL plans to expand the use of renewable energy within its operations to reduce dependence on conventional energy sources and lower carbon emissions.
Energy Efficiency
The company continues to invest in technologies that improve energy efficiency, helping optimize refinery operations while reducing energy consumption.
Green Hydrogen
Recognizing the growing importance of clean fuels, MRPL has identified Green Hydrogen as a key component of its future decarbonization strategy.
Sustainable Aviation Fuel (SAF)
The report also highlights MRPL’s focus on exploring Sustainable Aviation Fuel, supporting efforts to reduce emissions from the aviation sector.
Waste Management and Circular Economy
MRPL aims to strengthen its waste management practices and promote a circular economy by maximizing resource efficiency, recycling, and minimizing waste generation.
People-Centric Development
The company continues to prioritize its workforce through initiatives focused on:
- Occupational Health & Safety
- Employee Skill Development
- Workplace Diversity & Inclusion
- Leadership Development
- Community Empowerment
- Employee Welfare Programs
MRPL stated that creating a safe and inclusive work environment remains central to its long-term business sustainability.
Strong Corporate Governance
The BRSR also emphasizes the company’s commitment to maintaining:
- Transparent Business Practices
- Ethical Corporate Conduct
- Regulatory Compliance
- Risk Management
- Stakeholder Trust
- Responsible Decision-Making
These governance principles are intended to strengthen investor confidence while supporting sustainable business growth.
Supporting India’s Energy Transition
According to the report, MRPL seeks to balance the nation’s growing energy requirements with environmental responsibility by investing in cleaner technologies and sustainable operations.
Its sustainability strategy aligns with India’s broader goals of:
- Reducing Carbon Emissions
- Improving Energy Security
- Increasing Renewable Energy Adoption
- Promoting Cleaner Fuels
- Supporting Climate Commitments
About MRPL
Mangalore Refinery and Petrochemicals Limited (MRPL) operates a 15 Million Metric Tonnes Per Annum (MMTPA) refinery at Mangaluru, Karnataka, producing a wide range of petroleum and petrochemical products for domestic and international markets.
As a subsidiary of ONGC, MRPL plays an important role in India’s downstream energy sector while increasingly focusing on sustainability and environmental responsibility.
Regulatory Disclosure
The company informed both:
- BSE (Scrip Code: 500109)
- NSE (Symbol: MRPL)
regarding the submission of its FY 2025–26 Business Responsibility and Sustainability Report, in accordance with applicable SEBI Listing Regulations.
American Experts Share Their Perspective
Dr. Michael Anderson, an energy transition specialist based in Houston, Texas, said sustainability reporting has become a key benchmark for global energy companies.
“Setting a clear Net Zero timeline and publicly outlining decarbonization strategies demonstrates a company’s long-term commitment to environmental responsibility. Investors increasingly evaluate energy companies based not only on financial performance but also on measurable sustainability goals.”
Meanwhile, Emily Carter, a Washington, D.C.-based environmental policy analyst, highlighted the strategic importance of cleaner fuels.
“Investments in renewable energy, green hydrogen, sustainable aviation fuel, and circular economy initiatives indicate that traditional refining companies are adapting to a rapidly evolving global energy landscape. Such initiatives help balance energy security with climate objectives.”
Why This BRSR Matters
The FY 2025–26 Business Responsibility and Sustainability Report demonstrates MRPL’s commitment to integrating sustainability into its long-term business strategy.
Key Highlights
- Net Zero Scope 1 & 2 Emissions Target by 2038.
- Increased focus on Renewable Energy Integration.
- Strategic investments in Green Hydrogen and Sustainable Aviation Fuel.
- Enhanced Energy Efficiency initiatives.
- Strong emphasis on Waste Management and the Circular Economy.
- Continued focus on Occupational Safety, Employee Development, and Community Empowerment.
- Reinforced commitment to Corporate Governance, Ethics, and Transparency.
- BRSR submitted under SEBI Regulation 34(2) as part of the FY26 Annual Report.
Outlook
As the global energy industry accelerates its transition toward lower-carbon operations, MRPL’s FY 2025–26 Business Responsibility and Sustainability Report positions the company as an active participant in India’s evolving energy landscape. By setting a Net Zero target for 2038, investing in renewable energy, green hydrogen, sustainable aviation fuel, and strengthening environmental, social, and governance (ESG) practices, MRPL aims to balance energy security, operational excellence, and long-term sustainability, reinforcing its role in supporting India’s clean energy ambitions.
