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Indian Oil Corporation Ltd

Common Name
Indian Oil
Country
India
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
29,941
Ticker
IOC
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Indian Oil Corporation Limited is a prominent state-owned energy company in India, specializing in the refining and marketing of petroleum products. As one of the country's largest commercial enterpri...

Indian Oil's GHG Emissions Data Preview

In 2025, Indian Oil completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Indian Oil has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Indian Oil’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Indian Oil’s data sources below and access millions more through our Disclosure Search.

a. Indian Oil's Sustainability Report 2025
a. Indian Oil's Sustainability Report 2025
b. Indian Oil's Sustainability Report 2024
b. Indian Oil's Sustainability Report 2024
c. Indian Oil's Sustainability Report 2023
c. Indian Oil's Sustainability Report 2023

Insights into Indian Oil's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofIndian Oil amounted to22,530,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Indian Oildecreased by 1.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Indian Oil's Scope 1 Emissions Over Time

2021202220232024202505.5 M11 M16.5 M22 MtCO2e+3%-3%+9%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Indian Oil's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Indian Oil were 21,240,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Indian Oil reduced its Scope 1 emissions over time?

Since 2021, Indian Oil's Scope 1 emissions have increased by 5.1%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2024), Indian Oil's Scope 1 emissions decreased by 3.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Indian Oil's Scope 2 emissions?

In 2025, Indian Oil reported Scope 2 greenhouse gas (GHG) emissions of 1,290,000 tCOâ‚‚e without specifying the calculation method.a

Has Indian Oil reduced its Scope 2 emissions over time?

Since 2021, Indian Oil's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 84.29%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

What methodology does Indian Oil use for Scope 2 reporting?

In 2025, Indian Oil reported its Scope 2 emissions using an unspecified methodology.a

Indian Oil's Scope 2 Emissions Over Time

202120222023202420250350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Indian Oil's Value Chain Emissions

In 2025, Indian Oil reported 353,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Indian Oil includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,down from 6 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Indian Oil's Scope 3 Emissions Over Time

20212022202320242025090 M180 M270 M360 MtCO2e+7%+16%+17%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Indian Oil's Scope 3 emissions?

In 2025, Indian Oil reported total Scope 3 emissions of 353,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Indian Oil reduced its Scope 3 emissions over time?

Since 2021, Indian Oil's Scope 3 emissionshave increased by 46.3%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2024), Indian Oil's Scope 3 emissions remained relatively stable, indicating that Indian Oil's emissions have plateaued with no significant change in its value chain footprint.ab

Insights into Indian Oil’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Indian Oil reported Scope 1 greenhouse gas (GHG) emissions of 21,240,000 tCOâ‚‚e and total revenues of USD 88,315 millions. This translates into an emissions intensity of 240.5 tCOâ‚‚e per millions USD.a

Indian Oil's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000500,000Revenues (Millions of USD)IWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MSK InnovationYear: 2024Scope 1: 9,669,648 tCO2eRevenue: $M 50,918Scope 1 Intensity: 189.91 tCO2e/$MHindustan PetroleumYear: 2025Scope 1: 5,510,000 tCO2eRevenue: $M 50,561Scope 1 Intensity: 108.98 tCO2e/$MPetronet LNGYear: 2025Scope 1: 242,657 tCO2eRevenue: $M 5,967Scope 1 Intensity: 40.67 tCO2e/$MIIItochu EnexYear: 2024Scope 1: 499,000 tCO2eRevenue: $M 6,361Scope 1 Intensity: 78.45 tCO2e/$MIRPCYear: 2024Scope 1: 3,290,000 tCO2eRevenue: $M 9,169Scope 1 Intensity: 358.80 tCO2e/$MRubisYear: 2024Scope 1: 271,000 tCO2eRevenue: $M 6,914Scope 1 Intensity: 39.20 tCO2e/$MPetro RabighYear: 2021Scope 1: 4,771,823 tCO2eRevenue: $M 12,154Scope 1 Intensity: 392.61 tCO2e/$MDelek US HoldingsYear: 2024Scope 1: 2,600,000 tCO2eRevenue: $M 11,852Scope 1 Intensity: 219.37 tCO2e/$MDCCYear: 2025Scope 1: 64,000 tCO2eRevenue: $M 23,303Scope 1 Intensity: 2.75 tCO2e/$MNorth Atlantic EnergiesYear: 2024Scope 1: 2,254,000 tCO2eRevenue: $M 18,673Scope 1 Intensity: 120.71 tCO2e/$MReliance IndustriesYear: 2025Scope 1: 36,459,294 tCO2eRevenue: $M 112,908Scope 1 Intensity: 322.91 tCO2e/$MUltrapar ParticipacoesYear: 2024Scope 1: 27,322 tCO2eRevenue: $M 21,609Scope 1 Intensity: 1.26 tCO2e/$MMRPLYear: 2025Scope 1: 5,675,575 tCO2eRevenue: $M 11,082Scope 1 Intensity: 512.17 tCO2e/$MENEOS HoldingsYear: 2024Scope 1: 22,180,000 tCO2eRevenue: $M 81,515Scope 1 Intensity: 272.10 tCO2e/$MCastrol IndiaYear: 2023Scope 1: 745 tCO2eRevenue: $M 614Scope 1 Intensity: 1.21 tCO2e/$MValero EnergyYear: 2024Scope 1: 24,300,000 tCO2eRevenue: $M 129,881Scope 1 Intensity: 187.09 tCO2e/$MBharat PetroleumYear: 2025Scope 1: 9,935,960 tCO2eRevenue: $M 51,350Scope 1 Intensity: 193.50 tCO2e/$MIdemitsu KosanYear: 2024Scope 1: 12,445,000 tCO2eRevenue: $M 57,575Scope 1 Intensity: 216.15 tCO2e/$MAmpolYear: 2024Scope 1: 670,509 tCO2eRevenue: $M 19,555Scope 1 Intensity: 34.29 tCO2e/$MSarasYear: 2023Scope 1: 5,603,437 tCO2eRevenue: $M 12,666Scope 1 Intensity: 442.41 tCO2e/$MS-OilYear: 2024Scope 1: 7,954,000 tCO2eRevenue: $M 24,967Scope 1 Intensity: 318.57 tCO2e/$MHF SinclairYear: 2024Scope 1: 8,198,000 tCO2eRevenue: $M 28,580Scope 1 Intensity: 286.84 tCO2e/$MThai OilYear: 2024Scope 1: 3,447,284 tCO2eRevenue: $M 13,277Scope 1 Intensity: 259.65 tCO2e/$MClean Energy FuelsYear: 2024Scope 1: 24,742 tCO2eRevenue: $M 416Scope 1 Intensity: 59.49 tCO2e/$MIndian OilYear: 2025Scope 1: 21,240,000 tCO2eRevenue: $M 88,315Scope 1 Intensity: 240.50 tCO2e/$M

How does Indian Oil's GHG emissions intensity compare to its peers?

In 2025, Indian Oil reported a Scope 1 emissions intensity of 240.5 tCOâ‚‚e per millions USD. Compared to the peer group median of 189.91, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Indian Oil rank on GHG emissions intensity within its industry?

In 2025, Indian Oil ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Indian Oil is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Indian Oil's Total Carbon Footprint

In 2025, Indian Oil reported a total carbon footprint of 376,410,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.68% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Indian Oil's total carbon footprint was Scope 3 emissions, accounting for 94.01% of the company's total carbon footprint, followed by Scope 1 emissions at 5.64%.a

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