Oil And Natural Gas Sustainability Profile
Oil and Natural Gas Corporation Limited (ONGC), a leading player in the energy sector, is headquartered in Dehradun, India. Established in 1956, ONGC has grown to become one of the largest oil and gas exploration and production companies in the country, with significant operations across various regions, including the western offshore and the northeastern states. Specialising in hydrocarbon exploration, ONGC offers a diverse range of services, including oil and gas production, refining, and transportation. The company is renowned for its innovative technologies and commitment to sustainable practices, setting it apart in a competitive market. With numerous accolades and a strong market position, ONGC continues to play a pivotal role in India's energy landscape, contributing significantly to the nation's energy security and economic growth.
DitchCarbon Score
How does Oil And Natural Gas'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 Crude Oil Extraction 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
Oil And Natural Gas's score of 16 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oil And Natural Gas's reported carbon emissions
In 2024, Oil and Natural Gas Corporation Limited (ONGC) reported significant carbon emissions, totalling approximately 8,961,199,000 kg CO2e for Scope 1, 402,000,000 kg CO2e for Scope 2, and 19,350,000 kg CO2e for Scope 3. This data reflects ONGC's global operations and highlights the company's substantial carbon footprint. Comparatively, in 2023, ONGC's emissions were approximately 8,545,142,000 kg CO2e for Scope 1 and 351,444,000 kg CO2e for Scope 2, indicating a slight increase in emissions year-on-year. The company has not disclosed specific Scope 3 emissions for 2023. ONGC has not set any formal reduction targets or initiatives as per the latest data, and there are no climate pledges reported. The absence of specific reduction commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while ONGC's emissions data illustrates the scale of its environmental impact, the lack of defined reduction targets indicates a need for enhanced climate action and commitment to sustainability practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,760,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000,000 |
| Scope 2 | 390,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 |
How Carbon Intensive is Oil And Natural Gas's Industry?
How Carbon Intensive is Oil And Natural Gas's Location?
Oil And Natural Gas's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Oil And Natural Gas has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
