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Indian Oil Corporation Limited, commonly known as Indian Oil, is a leading player in the gas and diesel oil industry, headquartered in New Delhi, India. Established in 1959, the company has grown to become one of the largest oil and gas companies in the country, with a significant presence across various operational regions, including northern and western India.
Indian Oil's core business areas encompass refining, pipeline transportation, and marketing of petroleum products, including petrol, diesel, and lubricants. The company is renowned for its commitment to quality and innovation, offering unique products that cater to diverse consumer needs. With a robust market position, Indian Oil has achieved numerous milestones, including being the highest-ranked Indian company in the Fortune Global 500 list, underscoring its prominence in the energy sector.
+14 vs industry average
Indian Oil’s score of 30 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas/Diesel Oil is among the most carbon-intensive industries
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Indian Oil, headquartered in IN and operating in the Gas/Diesel Oil industry, reported total Scope 1, 2, and 3 emissions of approximately 353,900,000 kg CO2e in 2024. In 2023, the company's Scope 1 emissions were approximately 22,000,000,000 kg CO2e, Scope 2 emissions were approximately 760,000,000 kg CO2e, and Scope 3 emissions totalled about 351,090,000,000 kg CO2e. This followed 2022, where Scope 1 emissions were approximately 20,210,000,000 kg CO2e, Scope 2 emissions were around 630,000,000 kg CO2e, and Scope 3 emissions reached approximately 299,920,000,000 kg CO2e. In 2021, Scope 1 emissions were about 20,830,000,000 kg CO2e, Scope 2 emissions were approximately 710,000,000 kg CO2e, and Scope 3 emissions were around 258,140,000,000 kg CO2e.
Indian Oil has established several climate commitments. The company aims to achieve net-zero operational emissions for Scope 1 and Scope 2 by 2046. Additionally, it has a near-term target to achieve net-zero emissions for Scope 1 and Scope 2 by 2030. Indian Oil is also committed to reducing its Scope 1 emissions intensity by 30% from 2021 levels by 2030, and its Scope 2 emissions intensity by 30% from 2021 levels by 2030. Furthermore, the company aims for an absolute reduction of its Scope 1 and Scope 2 emissions by 30% from 2021 levels by 2025.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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