Oil and Natural Gas Corporation Ltd.
Climate Impact & Sustainability Data (1955-2005, 2012-04 to 2013-03)
Reporting Period: 1955-2005
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions
- Lack of trained manpower
- Paucity of funds
- Blowouts and fires
- Industrial unrest
- Communication gaps
- Bureaucratic hurdles
- Environmental concerns in Assam
Mitigation Strategies
- Recruitment and training programs
- Collaboration with foreign experts (Russia, Romania, France, USA)
- Development of indigenous technologies and capabilities
- Improved communication systems (control room)
- Restructuring of the organization
- Implementation of safety measures
- Improved relations with government and stakeholders
- Development of infrastructure in operating areas
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2012-04 to 2013-03
Environmental Metrics
Scope 3 Emissions:23443 tCOe
ESG Focus Areas
- Energy Security and Reserve Accretion
- Worker Health, Safety and Asset Security
- Water and Waste
- Hiring and Retaining Workforce
- Community
Environmental Achievements
- Reduced GHG emission by 5%
- Reduced fresh water consumption by 15%
- Reduced gas flaring to 631 MMSCM (22% reduction over FY12)
- Registered 10 CDM projects with an accruable CERs of 1.9 Million per annum
- Reduced approx. 2.44 MMSCM of methane from emitting into the atmosphere
Social Achievements
- Increased community investment to INR 2.62 billion (116.5% increase over FY12)
- Considerable reduction in incident rates for injuries (22.52%), fatalities (55.56%) and lost days (12.75%) in FY13 over FY12
- Total number of training hours: 207447 man-days
Governance Achievements
- Re-designated HSE Committee as “HSE and Sustainable Development Committee”
- Implemented a new GMS in FY13
- Implemented the Whistle Blower Policy
Climate Goals & Targets
Long-term Goals:
- Perspective Plan 2030 (PP2030): Double ONGC's production, 3-fold revenue growth, 4-fold increase in market capitalization
Medium-term Goals:
- Reduce water consumption
- Develop 6.5 GW renewable energy by 2030
Environmental Challenges
- Natural decline from ageing matured oil fields
- Limited supply of water in some operational areas
- Land acquisition and overlapping of CBM blocks with mining blocks
- Policy framework for exploration and exploitation of new sources of energy
- Sharing of under-recoveries with oil marketing companies
- Volatile oil market and devaluation of Rupees against Dollars
Mitigation Strategies
- Developed companywide ‘Sustainable Water Management Strategy’
- Implemented rain water harvesting in all future projects
- Developed Perspective Plan 2030 (PP2030) to address energy security needs
- Took up intensive exploration in challenging locales
- Forayed into unconventional sources like CBM, UGC and Shale gas
- Continuous engagement with stakeholders to address under-recoveries issue
Supply Chain Management
Responsible Procurement
- Competitive bidding
- Preference to local suppliers
- Integrity pact with vendors
Climate-Related Risks & Opportunities
Opportunities
- Development of renewable energy sources
Reporting Standards
Frameworks Used: GRI 3.0, Business Responsibility Report (BRR), UNGC
Certifications: ISO 9001, OHSAS 18001, ISO 14001
Third-party Assurance: Det Norske Veritas AS (DNV)
Awards & Recognition
- Gold Trophy of SCOPE Meritorious Award for CSR
- 10 awards in Oil Mines Category at National Safety Awards
- Certificate of Recognition for corporate governance
- Two CII-ITC Sustainability Awards
- Randstad Award for Most Attractive Employer