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 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Indian Oil's reported carbon emissions
In 2023, Indian Oil's carbon emissions included approximately 20,210,000 kg CO2e from Scope 1, 630,000 kg CO2e from Scope 2, and a minimal amount of 277,000 kg CO2e from Scope 3 emissions. The total emissions from Scope 1 and 2 combined were about 20,840,000 kg CO2e. Over the years, Indian Oil has shown fluctuations in its emissions. For instance, in 2021, the company reported approximately 20,210,000 kg CO2e for Scope 1 and 710,000 kg CO2e for Scope 2, with Scope 3 emissions reaching about 20,910,000 kg CO2e. In 2022, the Scope 1 emissions remained the same, while Scope 2 emissions slightly decreased to 700,000 kg CO2e, and Scope 3 emissions were around 20,830,000 kg CO2e. Despite these figures, Indian Oil has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for improvement in its sustainability strategy. Overall, Indian Oil's emissions data reflects its operational impact, and the absence of defined reduction targets suggests a need for enhanced climate commitments in the future.
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 | 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.
