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Reliance Industries

Reliance Industries is a publicly listed conglomerate headquartered in India. It undertakes oil and gas exploration, production and refining and has an integrated role in the value chain. In 2020, it had USD 86.27 billion in revenue and a reported 195,618 employees*. In June 2021, the company announced a considerable low-carbon investment plan and renewable energy goals.

Ranking position
#28 /100
Total score
16.7 /100
Performance score
1.0 /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

0.0 /100 #84

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

27.5 /100 #63

Supplier Engagement

8.8 /100 #42

Client Engagement

0.0 /100 #53

Policy Engagement

30.0 /100 #27

Business Model

5.0 /100 #37

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Reliance Industries receives a trend score of =. If the company were reassessed in the near future, its score would likely stay the same. The company has no intermediate targets to drive its aim of net-zero emissions by 2035 and reverse its predicted increasing intensity trend between 2019 and 2024. The company does not disclose the emission scopes covered by its net-zero goal and whether it includes scope 3 emissions. However, the company’s recent announcement to invest in low-carbon activities and manufacture enough solar panels to generate 100 GW of energy by 2030 may trigger a change of direction towards better alignment with its low-carbon transition.

 

 

Progress towards the Paris Agreement

More about the company

Headquarters
Mumbai, India
Group revenue
USD 86.27 billion
Ownership structure
Publicly listed
Number of employees
195,618
Scope of activity
Fully integrated
Website
https://www.ril.com