Oil and Natural Gas Corporation (ONGC) has received its ESG Rating Report from NSE Sustainability Ratings and Analytics Ltd., along with its ‘Scores on Climate Change’ report from CDP. The ESG rating is an independent assessment based on publicly available information. The CDP climate change scores are based on information provided by ONGC, reflecting their environmental performance and disclosure.
ESG Rating Overview
ONGC’s ESG rating from NSE Sustainability Ratings and Analytics Ltd. for FY2025 is 61, categorized as ‘Adequate’. This rating reflects an assessment across three pillars: Environment, Social, and Governance.
Key ESG Scores
- Environment Score: 51
- Social Score: 73
- Governance Score: 63
The report highlighted strengths such as a low lost time incident rate for workers and better independent director representation in key committees. Areas for improvement include greenhouse gas emissions from direct operations and renewable energy adoption.
Climate Change Score
CDP assessed ONGC’s ‘Scores on Climate Change,’ resulting in a B rating. This assessment reflects ONGC’s actions to manage climate risks and opportunities.
Source: BSE