Cairn Vedanta Oil and Gas cuts absolute carbon emissions by 25% in five years
english.punjabkesari.comCairn, Vedanta Oil & Gas, India's largest private oil and gas exploration company, reported a roughly 25% reduction in absolute carbon emissions over the past five years. The company says it now mitigates about 410,000 tonnes of CO2 equivalent annually. It has also planted 800,000 saplings as part of a goal to plant 2 million trees by 2030 and developed around 4,000 acres of greenbelt across its operational sites in Rajasthan, Andhra Pradesh, the North-East, and Gujarat. The company received Gold Standard Pathway status under the UN Environment Programme's Oil and Gas Methane Partnership 2.0 for 2025. It has pledged a 30% cut in absolute methane emissions over the next five years. Other reported metrics include conservation of roughly 0.98 million kiloliters of water, recovery of 155,393 barrels of hydrocarbons through oil sludge processing, and over 86% water recycling in fiscal year 2026. The article is based on a company press release.
