- Climate change risks requiring a coordinated global effort to reduce greenhouse gas emissions.
- Climate-related major physical risks from rising sea levels and extreme weather.
- Increasing pressure to decarbonize its value chain.
- Waste management challenges and moving towards a circular economy.
- Water management concerns.
- Air quality emissions and their reductions.
- Ecosystem and biodiversity loss.
- Human rights issues with extensive supplier footprint.
- HSE risks due to geographical location and technical complexity of operations.
- Disaster risks from climate change and oil industry-specific events.
Oil and Natural Gas Corporation Limited
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, Oil and Natural Gas Corporation Limited disclosed greenhouse gas emissions of 8.5M tCO2e/year (Scope 1) + 351444 tCO2e/year (Scope 2). By scope: Scope 1: 8.5M tCO2e/year; Scope 2: 351.4K 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
8.5M tCO2e/year (Scope 1) + 351444 tCO2e/year (Scope 2)
2022-04 to 2023-03
Water Usage
18.7M kl/year
2022-04 to 2023-03
Waste
110.8K tons/year
2022-04 to 2023-03
Energy Use
134.0M GJ/year
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 8.5M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 351.4K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Total installed capacity of renewable energy as on 31 March 2023 was about 189.53 MW (Solar: 36.53 MW and Wind: 153 MW).
- Reduction in GHG emission and proportional SOx, NOx suspended particles
- 4861 tCO2e/year estimated emission reduction from a 5 MW solar plant installed in Hazira.
- 93,151 MT of oil sludge & oil mix soil was bio-remediated to convert into non-hazardous waste for safe disposal.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Installing around 100 MW solar power plant
📅 Medium-term
- Achieve an installed renewable energy (RE) capacity of 10 gigawatts (GW) by 2030.
- Source 50% of its energy from renewable sources by 2030.
- Spend `1 trillion on green initiatives by 2030.
🔭 Long-term
- Achieve net zero (Scope-1 and Scope-2) emissions by 2038.
🌱 ESG Focus Areas
Climate Change and Energy TransitionEnergy and Emission ManagementWaste ManagementLow Carbon and Sustainable ProductsWater ManagementAir QualityBiodiversity and Ecosystem ConservationHuman RightsWorkforce Competency and EngagementHealth, safety and securityDisaster ManagementCommunity EngagementInnovation & Technology Up-gradationBusiness Ethics and TransparencyCompliance with legal and regulatory environmentCrisis and Risk Management