Indian Oil Corporation Limited

Welcome to the world of IndianOil, a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D; a world of best practices, quality-consciousness and transparency; and a world where energy in all its forms is tapped most responsibly and delivered to the consumers most affordably. India's highest ranked Energy PSU in Fortune-500 list of 2023 (Rank 94), IndianOil recorded Revenue from Operations of ₹9,34,953 Crores and a net profit of ₹8,242 Crores for the financial year 2022-23.

As a Brand with one of the largest customer interfaces in India, IndianOil reaches precious petroleum fuels to every nook and corner of the country through its network of over 60,000 plus customer touch-points, surmounting the challenges of tough terrain, climate and accessibility. The marketing network is bolstered by 70.05 MMTPA of Refining Capacity and more than 17,000 KM of cross-country pipelines. Moreover, IndianOil's R&D Centre at Faridabad, one of Asia's finest in downstream petroleum R&D, offers a competitive advantage to the Corporation through world-class technology and process solutions and innovative products. IndianOil R&D has also been instrumental in pioneering path-breaking research to leverage the potential of Hydrogen and other cleaner fuels for the sustainable progress of the nation.

One of India’s most socially responsive brands, IndianOil, has successfully combined its corporate social responsibility agenda with its business offerings. The Corporation has been partnering with communities in which it operates by supporting numerous initiatives connected with health, family welfare, education, environment protection, potable water, sanitation, empowerment of women and other marginalised groups.

IndianOil’s Net Zero Commitment

We are committed towards integrating sustainability initiatives into its business strategy. At IndianOil, we understand that value creation cannot happen in a vacuum. It is possible only through careful consideration of the relationship between the capitals that we use and the potential linkages between our strategic choices and actions that we undertake to deliver on our vision. In addition, our activities also contribute to the United Nations Sustainable Development Goals (SDGs) covering a range of multi-stakeholder goals that we aspire to achieve.

IndianOil has resolved to achieve net-zero operational emissions by the year 2046. IndianOil’s decarbonisation plans encompass both Scope 1 & 2 emissions. The year 2046 coincides with India completing 99 years of independence and the celebration of its 100^th Independence Day. This historic declaration by the country’s energy major, aligns with India's net zero commitment by 2070 announced as part of the Panchamrit goals by the Hon'ble Prime Minister at the COP-26 Summit in 2021.

https://iocl.com/pages/NetZeroone

Freshers IndianOil leaders at offices and refineries across the nation talk about what makes it a 'Great Place to Work' saying that IOCL facilitates planned development of careers and broaden outlook through Job rotation and inter-location transfers throughout the country. IndianOil, apart from perks and attractive scales also provides its employees many continuously upgrading welfare measures and facilities and hence supporting an inclusive and participative culture with the growth in the number of millennials joining the workforce.

Values Ingrained at IndianOil are:

• Ethics: setting high standards for ethics and values.
• People: leading with a passion to excel.
• Innovation: pioneering the spirit of creativity and research.
• Environment: caring for the environment and community.
• Technology: harnessing frontier technology.
• Customers: fostering relationships for a lifetime.