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 24 is higher than 89% 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 Corporation Limited (IOCL) reported total carbon emissions of approximately 22,010,000,000 kg CO2e, comprising 20,210,000,000 kg CO2e from Scope 1, 630,000,000 kg CO2e from Scope 2, and 299,920,000,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stem from stationary combustion, while Scope 3 emissions include significant contributions from the use of sold products. In 2024, IOCL's emissions increased to about 22,000,000,000 kg CO2e for Scope 1, 760,000,000 kg CO2e for Scope 2, and 351,090,000,000 kg CO2e for Scope 3. This indicates a continued reliance on fossil fuels and highlights the challenges faced in reducing overall emissions. Despite the lack of specific reduction targets or initiatives disclosed, IOCL is actively engaged in monitoring and reporting its emissions across all scopes. The company has not yet committed to any science-based targets or climate pledges, which may limit its ability to align with global climate goals. Overall, IOCL's emissions data reflects the complexities of transitioning to a low-carbon economy while maintaining operational efficiency in the energy sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
