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 17 is higher than 69% 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 1,478,000,000 kg CO2e, comprising 1,461,101,000 kg CO2e from Scope 1, 16,198,000 kg CO2e from Scope 2, and 18,962,000 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to 2022, where total emissions were about 1,478,340,190 kg CO2e, with Scope 1 emissions at 1,375,091,000 kg CO2e and Scope 2 at 14,537,000 kg CO2e. In 2024, the company reported a total of approximately 17,772,900,000 kg CO2e in Scope 3 emissions, indicating a significant focus on this category, which includes emissions from the use of sold products and other indirect sources. The Scope 1 emissions for 2024 were about 1,422,793,000 kg CO2e, and Scope 2 emissions were approximately 26,773,000 kg CO2e. Despite these figures, Oil India Limited has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that while the company is aware of its emissions, it may not yet have committed to formal reduction strategies. Overall, Oil India Limited's emissions data highlights the ongoing challenges faced by the oil and gas sector in managing carbon emissions while navigating the transition towards more sustainable practices.
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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 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.
