Balancing Growth And Sustainability

An overview of IndianOil's journey on an environmentally conscious pathway that helps the nation achieve its SDG's and contribute towards a greener and cleaner planet.

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For over six decades now, Indian Oil Corporation Limited (IOCL) or IndianOil has been India's largest refiner and fuel retailer. It has one of the largest networks of cross-country hydrocarbon pipelines of over 19,500 km in the world and is a leading player in petrochemicals and natural gas in India. This highestranked Indian energy public sector company in the Fortune 500 listing, (#94 for 2023), has recorded a revenue of Rs 8,66,345 crores and highest ever net profit of 39,619 crore in FY 2023-24. Its resounding success has found a reflection in the company's operational achievements, with IndianOil securing its highest ever sales volume, record refinery capacity utilisation, best pipelines throughput, among other key parameters,

While bolstering its core business, the energy major is also taking giant strides into a new era of environmental stewardship through a diligently crafted green agenda. Validating the company's pioneering sustainability initiatives, Bloomberg NEF, in the Energy Transition Score Ranking-2023, acknowledged IndianOil as the top company steering India's green agenda forward. The company also led the Dow Jones Sustainability Index Ranking 2023, ahead of all Indian energy majors.