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 26 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Indian Oil's reported carbon emissions
In 2023, Indian Oil reported carbon emissions of approximately 20,210,000,000 kg CO2e for Scope 1, 630,000,000 kg CO2e for Scope 2, and 299,920,000,000 kg CO2e for Scope 3. This reflects a significant reliance on fossil fuels, with Scope 3 emissions primarily arising from the use of sold products, which accounted for about 277,440,000,000 kg CO2e. The company has shown a trend of increasing emissions over the years, with Scope 1 emissions rising from about 14,300,000,000 kg CO2e in 2013 to the current figure. Despite this increase, Indian Oil has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Indian Oil's emissions intensity per unit of revenue has varied, with a reported intensity of 0.0322 kg CO2e per INR in 2023. The company continues to face challenges in reducing its carbon footprint amidst growing global climate concerns.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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 | 000,000,000,000 | 000,000,000,000 | 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 committed to any reduction initiatives 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.
