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 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.
Oil India Limited's reported carbon emissions
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, where in 2023, the company emitted about 1,461,101,000 kg CO2e (Scope 1), 16,198,000 kg CO2e (Scope 2), and 18,962,000 kg CO2e (Scope 3). In 2022, the total emissions were approximately 1,375,091,000 kg CO2e (Scope 1) and 14,537,000 kg CO2e (Scope 2), leading to a combined total of about 3,778,340,190 kg CO2e for Scope 1 and 2. The trend indicates a gradual increase in emissions over the years, with the total emissions for 2021 being around 3,718,507,350 kg CO2e. Despite these figures, Oil India Limited has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or SBTi (Science Based Targets initiative) commitments suggests a need for enhanced focus on sustainability and emissions reduction strategies within the organisation. As the company continues to operate in a carbon-intensive industry, addressing these emissions will be crucial for aligning with global climate goals.
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| 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 |
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 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.
