Indian Oil Corporation (IndianOil)
Indian Oil Corporation is a state-owned integrated oil and gas company headquartered in India. In 2020, it had USD 77.43 billion in revenue and a reported 32,998 employees*. Indian Oil's goal is to transform into an integrated energy company offering low-carbon products. However, the company has no emissions reduction targets or clear low-carbon transition plan.
- Ranking position
- #60 /100
- Total score
- 3.8 /100
- Performance score
- 1.6 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Trend
Indian Oil receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company is not on track to achieve a low-carbon transition aligned with its 1.5°C pathway. The intensity of the company’s scope 1 and 2 emissions and its scope 1, 2 and 3 emissions are projected to stay at the same level between 2019 and 2024. Without emissions reduction targets, a clear transition plan and significant CapEx dedicated to low-carbon projects, Indian Oil’s goal of becoming an integrated energy company is likely to remain an aspiration rather than becoming a reality.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- New Delhi, New Delhi, India
- Group revenue
- INR 5669.5 billion (USD 77.3 billion)
- Ownership structure
- State owned
- Number of employees
- 32,998
- Scope of activity
- Fully integrated
- Website
- https://iocl.com/