Oil India Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2020-21

In its 2023-04 to 2024-03 reporting, Oil India Limited disclosed greenhouse gas emissions of 1.4M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.4M tCO2e/year; Scope 2: 26.8K tCO2e/year; Scope 3: 17.8M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
1.4M tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
⚡
Renewable Energy
24.67%
of total energy
💧
Water Usage
2.73 million cubic meters/year
2023-04 to 2024-03
♻️
Waste
6.2K tons/year
2023-04 to 2024-03
⚙️
Energy Use
24.9M GJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.4M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.26.8K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).17.8M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-031.4M tCO2e/year (Scope 1 & 2)
2020-211.6M tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduction of flares
  • Zero Flare by 2025
  • Use of cleaner fuels in operations
  • Renewable Energy: Setting up solar plants for captive utilization
  • Green Hydrogen and Green Ammonia

📅 Medium-term

  • Adoption of energy-efficient technology
  • Clean Development Mechanism (CDM) Projects
  • Creation of Carbon Sinks
  • 2GW renewable energy capacity by 2035
  • 0.3MMT of compressed biogas (CBG) by 2035

🔭 Long-term

  • Net zero for Scope 1 and 2 emissions by 2040

🌱 ESG Focus Areas

Environmental StewardshipSocial PerformanceGovernance

⚠️ Challenges & Risks +

  • GHG Emissions from operations
  • Physical Climate Risk impacting operations due to extreme weather events
  • Water scarcity issues in Rajasthan
  • Waste generation from oil and gas extraction and processing
  • Energy transition risks

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards 2021, UN Sustainable Development Goals
Assurance: Bureau Veritas (India) Private Limited