Indian Oil

Indian Oil, headquartered in IN and operating in the Gas/Diesel Oil industry, reported total Scope 1, 2, and 3 emissions of approximately 375.3 billion kg CO2e in 2023. This included approximately 22 billion kg CO2e for Scope 1 emissions, 760 million kg CO2e for Scope 2 emissions, and 351.09 billion kg CO2e for Scope 3 emissions.

For 2022, the company's Scope 1 emissions were approximately 20.21 billion kg CO2e, Scope 2 emissions were approximately 630 million kg CO2e, and Scope 3 emissions were approximately 299.92 billion kg CO2e. In 2021, Scope 1 emissions were approximately 20.83 billion kg CO2e, Scope 2 emissions were approximately 710 million kg CO2e, and Scope 3 emissions were approximately 258.14 billion kg CO2e.

Indian Oil has set several climate commitments. The company aims to achieve net-zero operational Scope 1 and 2 emissions by 2046. Additionally, Indian Oil has a near-term goal to reduce its Scope 1 emissions by 30% from 2021 levels by 2025 and its Scope 2 emissions by 30% from 2021 levels by 2025. The company also aims to reduce its Scope 1 and Scope 2 emissions intensity by 30% by 2030 from 2021 levels. Separately, the company aims to achieve net-zero Scope 1 and 2 emissions by 2030. All emissions data and reduction targets are directly from Indian Oil Corporation Limited.