IndianOil is steadfast in its commitment to shaping the future of energy. The company has set a visionary goal to achieve operational Net-Zero Emissions by 2046, aligning with India’s broader target of Net-Zero by 2070. This ambitious objective highlights IndianOil’s dedication to setting new benchmarks in environmental sustainability. IndianOil’s decarbonisation plans encompass both Scope 1 & 2 emissions. IndianOil’s current RE portfolio is 237.77 MW which includes 167.6 MW of Wind capacity and 70.1 MW of Solar capacity. Currently, ~150 MW of IndianOil’s RE projects supply power to the national grid. IndianOil has set up solar power units in 20,000+ retail outlets (~57%) with a total capacity of 111.5 MW. As part of its green transition, IndianOil is focused on seven key areas: reducing operational emissions; integrating renewable energy; expanding greener fuel options; investing in low-carbon technologies; greening the supply chain; aligning employee skills with climate goals; and maintaining leadership in environmental sustainability.
IndianOil’s pathway to net-zero includes measures such as improving energy efficiency, shifting to green hydrogen, carbon capture, using renewable energy, expanding compressed biogas infrastructure, and contributing to environmental conservation. The company is also growing its renewable energy portfolio and EV infrastructure, while promoting a greener supply chain by optimizing its pipeline network and implementing solar units across retail outlets. You can find more details about climate action and sustainable initiatives of IOCL by clicking on the link
Indian Oil Corporation of India Limited (IOCL)
