Climate Change Data

Oil India Limited

Climate Impact & Sustainability Data (2020-21, 2023-04 to 2024-03)

Reporting Period: 2020-21

Environmental Metrics

Total Carbon Emissions:1,646,503 tCO2e/year
Scope 1 Emissions:1,509,102 tCO2e/year
Scope 2 Emissions:137,401.21 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:11,47,28,608 kWh/year
Water Consumption:19,64,000 KLS/year
Waste Generated:3,796.39 tonnes of oily sludge and 192.15 KL used/spend oil/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Energy management
  • Water management
  • Waste management
  • Biodiversity
  • Climate change
  • Employee well-being
  • Diversity and inclusion
  • Community development
  • Corporate governance
  • Responsible supply chain

Environmental Achievements

  • Conserved 11,47,28,608 kWh equivalent of energy
  • Reduced water consumption by almost 30% at Rajasthan field drilling site
  • Rainwater harvesting saving approximately 4.38 million litres of rainwater per day
  • Successfully completed repair jobs at 23 drilling locations after completion of drilling operations
  • Treated 3,894 KL of oily sludge, extracting 472 KL of crude oil
  • Recycled and reused 22,785 bbls of mud
  • Disposed of 250 industrial batteries (16.175 MT) and 7,430 kgs of e-waste

Social Achievements

  • Awarded for ‘Best training and development’ for conducting in-house training for Basic Life Support and First Responder (BLS FR)
  • Ranked 2nd in ‘Dream Company to Work for’ by World HRD Congress Awards
  • Consistently exceeded prescribed CSR expenditure
  • Implemented various COVID-19 relief measures including donation to PM CARES Fund and provision of healthcare supplies
  • Implemented competency-based human resource management system, with 365 executives appraised through assessment development centres

Governance Achievements

  • Robust governance framework based on ethics, transparency, and accountability
  • 30% independent directors on the Board
  • Six Board level committees
  • Implemented E-tendering system for procurement

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • COVID-19 pandemic impact on operations and workforce
  • Volatility of crude oil prices
  • Baghjan incident environmental and social consequences
Mitigation Strategies
  • Implemented programs to address COVID-19 impact and limit worker exposure
  • Donated INR 25 crore to PM CARES Fund
  • Provided healthcare facilities and PPE kits
  • Extended adequate compensation for Baghjan incident losses and livelihood support
  • Strengthened contingency plans for emergency situations

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • C&P Procedure Manual based on fairness, transparency, and equal opportunity
  • Use of ERP for procurement activities
  • E-tendering system
  • GeM portal usage

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI: Core option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Exploration & Production - Company of the Year and Excellence in Human Resource Management by Federation of Indian Petroleum Industry (FIPI)
  • 7th Annual CSR INDIA 2020 Award
  • Mahatma Award 2020 for CSR excellence
  • Grow Care Safety Award 2020
  • Greentech Safety Award 2020
  • Best Training & Development program
  • Rank—2 in ‘Dream Companies to Work For’ Award

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:14,45,566 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:14,22,793 tCO2e/year
Scope 2 Emissions:26,773 tCO2e/year
Scope 3 Emissions:17,772,900 tCO2e/year
Renewable Energy Share:24.67%
Total Energy Consumption:2,49,08,726.75 GJ/year
Water Consumption:2.73 million cubic meters/year
Waste Generated:6,154.10 tons/year
Carbon Intensity:65.50 Metric tonnes of CO2 equivalent/ INR Crores

ESG Focus Areas

  • Environmental Stewardship
  • Social Performance
  • Governance

Environmental Achievements

  • 23% reduction in waste generation in FY 2023-24 compared to the previous year
  • 24.67% increase in renewable energy consumption
  • Restored 35 well sites in Assam and Rajasthan in FY 2023-24
  • Strategic investments in PWRI facilities enabled efficient treatment, reuse & re-injection of formation water
  • Achieved record Natural Gas Production of 3.182 BCM

Social Achievements

  • Invested INR 122.80 Cr. for CSR initiatives in FY 2023-24
  • Launched several initiatives to foster a culture of performance, including the adoption of competency-based HR models, ensuring transparency and objectivity in HR processes, and introducing a rewards and recognition program named Help Our People Excel (HOPE) to encourage outstanding performance
  • Numerous programs under CSR initiatives to foster the socioeconomic development of individuals and communities where we operate
  • OIL Arogya, OIL Shakti, and OIL Sparsha healthcare projects benefiting 138,945 individuals
  • OIL Dikhya-Schools educational initiative reaching 6,066 students
  • OIL Super 30 initiative aiding 200 students

Governance Achievements

  • Conferred with the prestigious “Maharatna” status
  • “C&P Confluence: Sourcing Synergy, Achieving Excellence” conference to foster collaboration and enhance contracts and purchasing processes
  • Formulated the “Equal Opportunity Policy of OIL 2023” ensuring a work environment devoid of discrimination against Persons with Benchmark Disabilities

Climate Goals & Targets

Long-term Goals:
  • Net zero for Scope 1 and 2 emissions by 2040
Medium-term Goals:
  • Adoption of energy-efficient technology
  • Clean Development Mechanism (CDM) Projects
  • Creation of Carbon Sinks
  • 2GW renewable energy capacity by 2035
  • 0.3MMT of compressed biogas (CBG) by 2035
  • 50 crore liters of bioethanol by 2035
Short-term Goals:
  • Reduction of flares
  • Zero Flare by 2025
  • Use of cleaner fuels in operations
  • Renewable Energy: Setting up solar plants for captive utilization
  • Green Hydrogen and Green Ammonia

Environmental Challenges

  • GHG Emissions from operations
  • Physical Climate Risk impacting operations due to extreme weather events
  • Water scarcity issues in Rajasthan
  • Waste generation from oil and gas extraction and processing
  • Energy transition risks
Mitigation Strategies
  • Zero routine flaring plan by 2025
  • Net zero for Scope 1 and 2 emissions by 2040
  • Investments in PWRI facilities for efficient treatment, reuse & re-injection of formation water
  • Bioremediation and recycling techniques for waste disposal
  • Transitioning to cleaner energy sources, including renewables, green hydrogen, and biofuels
  • Implementing acomprehensive management approach for addressing physical climate risks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct for Service Providers
  • Screening of suppliers based on environmental and social criteria
  • Adherence to agreements reflecting environmental and social values
  • Public Procurement Policy for Micro and Small Enterprises (MSEs)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (Floods, Cyclones, Droughts, water stress, precipitation etc.)
Transition Risks
  • Energy transition risks (growing pressure from policies, society, legal, and market risks)
Opportunities
  • Development of green energy products (biofuels and green hydrogen)
  • Investments in renewable energy ventures
  • Application of cutting-edge technologies to lower greenhouse gas emissions

Reporting Standards

Frameworks Used: GRI Standards 2021, UN Sustainable Development Goals

Certifications: ISO 14001:2015, ISO 50001:2018, ISO 45001:2018, ISO 27001:2013, ISO 17025:2017, ISO 9001:2015

Third-party Assurance: Bureau Veritas (India) Private Limited

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Green hydrogen
  • Compressed biogas (CBG)
  • Bioethanol

Awards & Recognition

  • Saksham 2023 award by PCRA India
  • 23rd Annual Greentech Environment Award
  • APEX India Quality Excellence Award 2023
  • Apex India Safe Workplace Award 2023
  • Greentech Excellent Award 2022
  • Apex India Occupational Health & Safety (OHS) Platinum Award 2023
  • Energy Leadership Awards 2023
  • SCOPE Eminence Award
  • National Award for Excellence In CSR & Sustainability
  • 10th Greentech CSR India Award 2023