Oil India Limited Sustainability Profile
Oil India Limited (OIL) is a prominent player in the Indian oil and gas sector, headquartered in Noida, India. Established in 1959, the company has grown to become a key contributor to the nation’s energy landscape, with significant operations in Assam and Arunachal Pradesh, among other regions. Specialising in exploration, production, and refining of crude oil and natural gas, OIL is recognised for its commitment to sustainable practices and technological innovation. The company’s core offerings include crude oil, natural gas, and various petrochemical products, setting it apart through its focus on efficiency and environmental stewardship. With a strong market position, Oil India Limited has achieved notable milestones, including significant discoveries and expansions in its operational capacity, reinforcing its status as a vital entity in India's energy sector.
DitchCarbon Score
How does Oil India Limited'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 Gas/Diesel Oil 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 India Limited's score of 22 is higher than 51% 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 India Limited's reported carbon emissions
In 2024, Oil India Limited reported significant carbon emissions, with Scope 1 emissions at approximately 1,245,928,000 kg CO2e, Scope 2 emissions at about 22,477,000 kg CO2e, and Scope 3 emissions reaching approximately 16,877,351,340 kg CO2e. The total emissions for Scope 1 and 2 combined were around 1,268,405,000 kg CO2e. For the previous year, 2023, the company recorded Scope 1 emissions of about 1,441,072,580 kg CO2e, Scope 2 emissions of approximately 16,198,000 kg CO2e, and Scope 3 emissions at around 20,028,610 kg CO2e. The total for Scope 1 and 2 was approximately 1,449,566,450 kg CO2e. Oil India Limited has not disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent organization, and its climate strategy remains unspecified. The absence of defined reduction targets suggests a need for further development in their sustainability approach. Overall, Oil India Limited's emissions data highlights the scale of its carbon footprint, particularly in Scope 3 emissions, which are significantly higher than Scope 1 and 2 combined, indicating a substantial impact from its value chain activities.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 3,593,224,200 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 125,283,150 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Oil India Limited's Industry?
How Carbon Intensive is Oil India Limited's Location?
Oil India Limited'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 India Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
