BSECompany Update18 Sept 2026 · 18 Sept 2026, 07:10 pm
Intimation regarding ESG Rating
Oil and Natural Gas Corporation Ltd · 500312
✦ AI SummaryESG
Oil and Natural Gas Corporation Ltd has received an ESG rating report from Crisil ESG Ratings with a score of 57 and 65 for Crisil ESG Score and Crisil Core ESG score respectively, which the company considers low and not commensurate with its efforts in decarbonization and governance. The company has made disclosures on Scope 3 emissions and targets net zero Scope 1 and 2 operational emissions by 2038, but was evaluated with a below average score of 44 out of 100 on Environmental parameters.
Analysis Scores
Earnings Impact1/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Oil and Natural Gas Corporation Ltd - 500312 - Intimation Regarding ESG Rating
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OIL AND NATURAL GAS CORPORATION LIMITED
COMPANY SECRETARIAT
ONGC/CS/SE/2026-27 18.09.2026
National Stock Exchange of India Ltd. BSE Limited
Listing Department Corporate Relationship Department
Exchange Plaza Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort
Mumbai – 400 051 Mumbai – 400 001
Symbol-ONGC; Series – EQ BSE Security Code Equity: 500312
NCD: 959881
Sub: Intimation regarding ESG Rating
Madam/Sir,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed
that the Company has received “ESG Rating Report” issued by Crisil ESG Ratings & Analytics Ltd (Crisil ESG Ratings).
It is informed that the Company has neither engaged the above-mentioned agency for preparation of the said Report nor the
report has been finalised in consultation with the Company.
The Crisil ESG Score of 57 and Crisil Core ESG score of 65 provided to the Company is low and not commensurate with its
efforts in respect of decarbonization initiatives & governance structure, as well as detailed disclosures made in Business
Responsibility and Sustainability Report (BRSR).
The Company has made elaborate disclosures on Scope 3 emissions and has a target to achieve net zero Scope 1 and
2 operational emissions by 2038. In spite of all these valiant efforts, the Company has been evaluated with a below average score
of 44 out of 100 on Environmental parameters.
Further, the report contained a factual error w.r.t. attendance of Independent Directors in Board and Board Level Committee
(BLCs) meetings. As such there was 100% attendance of independent directors in Board and BLC meetings, except leave of
absence in one BLC meeting by an Independent Director (~92.30%).
This is for your information and record, please.
Thanking You,
Yours Sincerely,
for Oil and Natural Gas Corporation Ltd.
(Shashi Bhushan Singh)
Company Secretary & Compliance Officer
Regd. Office: Plot No 5A-5B, Nelson Mandela Marg, Vasant Kunj, New Delhi-110070
Phone: 011-2675 4073, 011-2675 4085 EPABX: 2675 0111, 2629000
CIN: L74899DL1993GOI054155 Website: www.ongcindia.com Email: secretariat@ongc.co.in