Oil & Natural Gas Corporation Limited — Updates, 18-02-2025: Press Release

Oil and Natural Gas Corporation Limited (ONGC) has achieved a B- rating in its 2024 CDP thematic score for Climate, highlighting its commitment to sustainability and transparency in environmental, social, and governance (ESG) practices. This recognition positions ONGC as a responsible leader in the energy sector, aligning with global best practices and pushing for a low-carbon future.

With over 24,800 organizations participating, the CDP framework supports companies in managing climate risks and identifying sustainable opportunities, ultimately enhancing market resilience and investor confidence.

ONGC's continuous improvement in climate-related disclosures illustrates its commitment to addressing climate impacts and integrating sustainability into its core operations. The company’s data will be shared with stakeholders to support broader climate action initiatives. As it advances its sustainability strategy, ONGC also aims to balance energy security with environmental responsibility, contributing to India’s transition to a sustainable energy ecosystem. Positive outlook for investors as ONGC leverages its commitment to sustainability for long-term growth.