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Oil and Natural Gas Corporation Limited (ONGC), a leading player in the crude petroleum industry, is headquartered in India. Established in 1956, ONGC has significantly contributed to the nation’s energy sector, focusing on crude oil extraction and related services, excluding surveying. With major operational regions across India, including offshore and onshore fields, the company has achieved numerous milestones, enhancing its market position.
ONGC's core services encompass exploration, production, and refining of crude oil, distinguished by its commitment to innovation and sustainability. The company is recognised for its substantial reserves and production capabilities, making it a key contributor to India's energy security. With a strong emphasis on technological advancement, ONGC continues to solidify its status as a leader in the oil and gas sector, driving growth and development in the industry.
25
DitchCarbon score
+9 vs industry average
Oil And Natural Gas’s score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Oil And Natural Gas's reported carbon emissions
Oil And Natural Gas, headquartered in IN, operates in the Crude petroleum and services related to crude oil extraction, excluding surveying industry.
In 2024, the company's total reported emissions were approximately 9.4 trillion kg CO2e, comprising about 8.96 trillion kg CO2e from Scope 1, 402 billion kg CO2e from Scope 2, and 19.35 billion kg CO2e from Scope 3 emissions. In the previous year, 2023, Oil And Natural Gas reported Scope 1 emissions of approximately 8.55 trillion kg CO2e and Scope 2 emissions of about 351.44 billion kg CO2e.
Oil And Natural Gas has set ambitious climate commitments, aiming to achieve Net Zero operational emissions (Scope 1 and Scope 2) by 2038, from a baseline year of FY 2021-22, with a 100% reduction target. The company also aims for Net Zero carbon emissions by 2038, which encompasses Scope 3 downstream emissions.
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Oil And Natural Gas’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Oil And Natural Gas4 months ago
25
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