Indian Oil
Indian Oil Corporation Limited (IOCL), headquartered in New Delhi, India, is a leading player in the oil and gas industry. Founded in 1959, the company has established itself as a key player in refining, pipeline transportation, and marketing of petroleum products across the country. With a vast network of refineries and a significant presence in major operational regions, Indian Oil is renowned for its commitment to quality and innovation. The company offers a diverse range of products, including fuels, lubricants, and petrochemicals, distinguished by their reliability and performance. Indian Oil's strategic initiatives and investments in sustainable energy solutions have positioned it as a market leader, consistently ranking among the top companies in the Fortune Global 500. With a legacy of excellence and a focus on customer satisfaction, Indian Oil continues to drive growth in the energy sector.
DitchCarbon Score
How does Indian Oil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Indian Oil's score of 20 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indian Oil's reported carbon emissions
In 2024, Indian Oil reported total carbon emissions of approximately 22,000,000,000 kg CO2e for Scope 1, about 760,000,000 kg CO2e for Scope 2, and around 324,810 kg CO2e for Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2023, where they recorded approximately 20,210,000,000 kg CO2e for Scope 1, 630,000,000 kg CO2e for Scope 2, and about 277,000 kg CO2e for Scope 3. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in its reporting. Notably, Indian Oil's Scope 1 and 2 emissions combined totalled approximately 22,760,000,000 kg CO2e in 2024, compared to about 20,840,000,000 kg CO2e in 2023. Despite the lack of specific reduction targets or initiatives outlined in their recent disclosures, Indian Oil continues to engage in industry-standard practices for emissions reporting. The company is committed to addressing its carbon footprint, although specific climate pledges or reduction targets have not been detailed in the available data. Overall, Indian Oil's emissions data highlights the ongoing challenges faced by the organisation in managing its carbon output while maintaining operational efficiency in the energy sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,300,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 262,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 390,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Indian Oil is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
