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.
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.
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.
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.
In 2023, Oil India Limited reported total carbon emissions of approximately 1,406,000,000 kg CO2e from Scope 1, 26,773,000 kg CO2e from Scope 2, and 16,989,370 kg CO2e from Scope 3. This represents a significant decrease in emissions compared to 2022, where Scope 1 emissions were about 2,007,000,000 kg CO2e, Scope 2 emissions were approximately 16,198,000 kg CO2e, and Scope 3 emissions were around 18,962,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its climate impact. Overall, Oil India Limited's emissions data reflects ongoing efforts to manage and reduce its carbon footprint, although specific reduction strategies or targets have not been articulated.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.