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.
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.
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.
Oil India Limited's score of 15 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Oil India Limited reported total carbon emissions of approximately 14,227,930,000 kg CO2e, comprising 1,422,793,000 kg CO2e from Scope 1, 26,773,000 kg CO2e from Scope 2, and a significant 17,772,900,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, with 2023 emissions at about 1,461,101,000 kg CO2e for Scope 1, 16,198,000 kg CO2e for Scope 2, and 18,962,000 kg CO2e for Scope 3. The company has disclosed emissions data for Scope 1, Scope 2, and Scope 3, indicating a comprehensive approach to tracking its carbon footprint. However, there are currently no specific reduction targets or climate pledges outlined in their sustainability reports. This lack of formal commitments may reflect the broader industry context, where many companies are still developing their strategies to address climate change. Overall, Oil India Limited's emissions data highlights the ongoing challenges in reducing carbon footprints within the oil and gas sector, underscoring the need for robust climate commitments and reduction initiatives moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 1,509,102,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 30,758,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 00,000,000 | 00,000,000,000 |
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 India Limited is not committed to any reduction initiatives 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.