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 not disclosed any specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. In 2024, ONGC's emissions increased, with Scope 1 emissions reaching approximately 8,961,199,000 kg CO2e, Scope 2 emissions at about 402,000,000 kg CO2e, and Scope 3 emissions reported at approximately 19,350,000,000 kg CO2e. This trend highlights the ongoing challenges the company faces in managing its carbon footprint. Historically, ONGC's emissions have fluctuated, with Scope 1 emissions in 2019 recorded at approximately 24,570,000,000 kg CO2e and Scope 2 emissions at about 740,000,000 kg CO2e. The company has not established any publicly available reduction targets or climate pledges, which may impact its long-term sustainability and compliance with global climate initiatives. Overall, while ONGC has made strides in reporting its emissions, the absence of specific reduction commitments raises questions about its future climate strategy and alignment with industry standards for carbon management.
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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.
