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Oil and Natural Gas Corporation (ONGC)

Oil and Natural Gas Corporation (ONGC) is a state-owned fully integrated oil and gas company headquartered in India. In 2020, it had USD 13.14 billion in revenue and a reported 30,000 employees.* ONGC plans to nearly double its upstream oil and gas production and triple oil refining by 2040. It lacks a credible climate strategy and adequate emissions reduction targets.

Ranking position
#67/100
Total score
3.1/100
Performance score
1.3/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

12.8 /100 #20

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

12.5 /100 #76

Supplier Engagement

0.0 /100 #57

Client Engagement

0.0 /100 #53

Policy Engagement

60.0 /100 #3

Business Model

5.0 /100 #37

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

ONGC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company made little progress in reducing its emissions intensity between 2014 and 2019. The company’s absolute emissions are expected to continue to rise, due to its plans to increase upstream production and refining. It intends to increase upstream production from 65 million tonnes of oil equivalent per year in 2019 to 110 million tonnes in 2040, and to nearly triple its refining capacity from 35 million tonnes per year in 2019 to 100 million tonnes in 2040.

Progress towards the Paris Agreement

More about the company

Headquarters
New Delhi, India
Group revenue
INR 962,136,000,000 (USD 13.14 billion)
Ownership structure
State owned
Number of employees
30,000
Scope of activity
Fully integrated
Website
https://www.ongcindia.com/wps/wcm/connect/en/home/