Oil And Natural Gas
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 21 is higher than 94% 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 2023, Oil and Natural Gas (ONGC) reported significant carbon emissions, with Scope 1 emissions totalling approximately 8,545,142,000 kg CO2e and Scope 2 emissions at about 351,444,000 kg CO2e. The company has also disclosed Scope 3 emissions, which reached approximately 19,350,000,000 kg CO2e. In 2022, ONGC's emissions were approximately 8,920,000,000 kg CO2e for Scope 1, 210,000,000 kg CO2e for Scope 2, and 24,300,000,000 kg CO2e for Scope 3. The trend indicates a substantial carbon footprint, particularly in Scope 3 emissions, which often represent the largest share for oil and gas companies. Despite the high emissions figures, ONGC has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in addressing climate change while maintaining operational and economic viability. Overall, ONGC's emissions data highlights the ongoing challenges faced by the oil and gas sector in balancing energy production with climate responsibilities.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 9,154,942,000 | 0,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 |
| Scope 2 | 260,306,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 |
| Scope 3 | - | 00,000,000,000 | - | 00,000,000,000 |
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.
Oil And Natural Gas is participating in some 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.
