SUSTAINABLE PRACTICES IN INDIA BY OIL & GAS INDUSTRY: AN OVERVIEW

Abstract

The UN introduced the 17 Sustainable Development Goals (SDGs) in 2015 under 17 indivisible goals and 169 targets. These goals give a comprehensive attitude in addressing the issues of society, environment, and economy. The Oil and Gas (O&G) industry is a major contributor to the overall GDP of India. India is a net crude oil importer and has good refining capacities. In general, the O&G industry can contribute to all 17 SDGs. However, most industries focus on certain goals that are in alliance with their company. This paper gives a quantitative content analysis about the involvement of the major 5 Indian O&G industries' involvement in sustainability. The frequency of projects and policies by each industry toward Sustainable Development Goals are computed. From analysis, it is concluded that these 5 Indian firms largely concentrate on Goals 12 and 13.