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 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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Oil India Limited's reported carbon emissions
In 2024, Oil India Limited reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,422,793,000,000 kg CO2e and Scope 2 emissions at about 26,773,000,000 kg CO2e. This data reflects the company's operational impact within India. The previous year, 2023, saw similar figures, with Scope 1 emissions at around 1,461,101,000,000 kg CO2e and Scope 2 emissions at approximately 16,198,000,000 kg CO2e. Globally, in 2024, Oil India Limited's emissions included about 1,405,804,090 kg CO2e for Scope 1, 26,773,000 kg CO2e for Scope 2, and 16,989,370 kg CO2e for Scope 3. The 2023 global figures were slightly lower, with Scope 1 emissions at approximately 1,441,072,580 kg CO2e, Scope 2 emissions at about 16,198,000 kg CO2e, and Scope 3 emissions reaching around 20,028,610 kg CO2e. Despite these substantial emissions, Oil India Limited has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of Oil India Limited's operations. Overall, while Oil India Limited's emissions figures are considerable, the lack of defined climate commitments highlights an area for potential improvement in their sustainability strategy.
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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.
