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 18 is higher than 58% 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 marks a notable increase in emissions compared to 2023, where the figures were approximately 8,545,142,000 kg CO2e for Scope 1 and 351,444,000 kg CO2e for Scope 2, with no Scope 3 data disclosed. Over the past few years, ONGC has shown a trend of fluctuating emissions. In 2022, the company reported approximately 8,920,000,000 kg CO2e for Scope 1 and 210,000,000 kg CO2e for Scope 2, alongside 24,300 kg CO2e for Scope 3. The emissions intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) was reported at about 0.00000657 kg CO2e in 2024. Despite the substantial emissions figures, ONGC has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company has not participated in the Science Based Targets initiative (SBTi) or set any formal climate pledges, indicating a potential area for improvement in their sustainability strategy. Overall, while ONGC's emissions data reflects the challenges faced by the oil and gas sector in managing carbon outputs, the absence of clear reduction targets suggests a need for enhanced commitment to climate action.
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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 | - | 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.
