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 9 is lower than 72% 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 total carbon emissions of approximately 1,406,000,000 kg CO2e for Scope 1, 26,773,000 kg CO2e for Scope 2, and 16,989,370 kg CO2e for Scope 3. This represents a significant reduction from 2022, where emissions were about 2,007,000,000 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 demonstrated a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been disclosed. The emissions data is not cascaded from any parent organisation, indicating that these figures are solely from Oil India Limited. The company has not reported any climate pledges or SBTi (Science Based Targets initiative) commitments, which suggests a need for further development in its climate strategy. Overall, while Oil India Limited has made strides in reducing its emissions, the absence of formal reduction targets highlights an area for potential improvement in its climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,593,224,200 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 125,283,150 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 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.
