Oil India Limited
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 0 is lower than 98% 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 2023, Oil India Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 2,006,704,000 kg CO2e and Scope 2 emissions at about 16,198,000 kg CO2e. This reflects a continuation of their emissions profile, as in 2022, the company recorded Scope 1 emissions of about 1,360,555,000 kg CO2e and Scope 2 emissions of approximately 14,537,000 kg CO2e in India. The company has not disclosed any Scope 3 emissions for 2023, but in 2022, their global Scope 3 emissions were reported at about 18,962,000 kg CO2e. This indicates a focus on direct emissions (Scope 1 and 2) while lacking comprehensive data on indirect emissions. Despite the substantial emissions figures, Oil India Limited has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported. Overall, Oil India Limited's emissions data highlights the need for enhanced transparency and commitment to climate action, particularly in setting measurable reduction targets to align with global climate goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 3,593,224,200 | 0,000,000,000 |
| Scope 2 | 125,283,150 | 00,000,000 |
| Scope 3 | - | 00,000,000 |
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 India Limited is not participating in any 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.
