Cairn Oil & Gas attains UNEP’s ‘Gold Standard Pathway’ recognition under the Oil and Gas Methane Partnership 2.0 initiative

New Delhi, 3^rd December 2025: Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has attained the Gold Standard Pathway status for reporting year 2025 under the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) – the United Nations Environment Programme’s flagship oil and gas reporting and mitigation programme.

As a member company of OGMP 2.0, Cairn has established its methane reduction target and submitted a granular and credible implementation plan to attain ‘Gold Standard Reporting’. The company has pledged a 30% reduction in absolute methane emissions over the next five years.

Cairn Oil & Gas became the first and the only Upstream company in India to join UNEP’s OGMP 2.0 in 2024, committing to effectively reducing methane emissions and transparent climate reporting along with accelerating its efforts to decarbonise operations.

Talking about this milestone, Giulia Ferrini, Head of UNEP’s International Methane Emissions Observatory said, “Achieving OGMP 2.0’s Gold Standard Pathway reflects a company’s commitment to transparency and to improving the accuracy of methane emissions data. Measurement-based reporting is essential to improving operational excellence and driving the emissions reductions needed to meet global climate goals.”

Jasmin Sahurity, COO, Cairn Oil & Gas said, “Cairn Oil & Gas is fully committed to reducing methane emissions from our operations. This recognition by UNEP underscores our resolve to advance India’s energy security through sustainable operations. With renewable energy integration, flare reduction, Carbon Capture Utilisation and Storage (CCUS), adoption of low carbon technologies, and extensive nature-based carbon solutions, we are inching closer to our Net Zero goals and setting new benchmarks in sustainable energy production for the future.”

Operating 55 blocks across India, Cairn has a vision to contribute 50% of domestic hydrocarbon production, while safeguarding the planet’s precious ecosystems. Building on its significant progress in emission reduction, including a 57% reduction in flaring volumes of potential gas since 2021, Cairn is now advancing towards the Zero Routine Flaring Agenda while setting an ambitious target to reduce absolute methane emissions by 30% over the next five years.  Other interventions include installation of recycled gas compressors and ejectors, laying of gas transportation pipelines from satellite fields, gas cascading and bottling, process optimisation, and the deployment of advanced digital solutions.

OGMP 2.0 covers over 42% of global oil and gas production, empowering companies to improve the quality and accuracy of emissions data for effective methane reduction. It is increasingly recognised as the global standard for Measurement, Reporting and Verification (MRV) of methane emissions in the oil and gas sector.

OGMP 2.0 operates under UNEP’s International Methane Emissions Observatory (IMEO), which provides open, reliable, and actionable data to drive effective to reduction strategies.

About Cairn Oil & Gas

Cairn Oil & Gas, part of Vedanta Limited, is India’s largest private oil and gas exploration and production company, contributing about a quarter of India’s domestic crude production and driving energy security for the country. With a world-class resource base, Cairn has an interest in 55 blocks in India spread over 60,000 square kilometres with gross 2P (Gross Proved Plus Probable Reserves) and 2C (Gross Contingent Reserves) of 1.4 bnboe. Cairn has producing assets across Rajasthan, Andhra Pradesh, Gujarat, and Assam, and has spearheaded several technological innovations with high-reward prospects, over the last 30 years of its operations. The company has a vision to contribute 50% of India’s domestic production, executing one of the largest exploration projects in the country across its diversified portfolio comprising conventional and unconventional projects such as Tight Oil & Gas, Deep & Shallow Water, ASP Injection, Satellite Field Development, reinstating the faith in India’s hydrocarbon potential.

Cairn is committed to achieving Net Zero by 2030 by prioritising environmental resilience and is driving transformative social impact at scale. It is the first Indian company to sign the United Nations Environment Programme’s methane reporting and reduction initiative – OGMP 2.0.

About Vedanta Limited

Vedanta Limited (“Vedanta”), a subsidiary of Vedanta Resources Limited, is one of the world’s leading natural resources, critical minerals, energy and technology companies spanning across India, South Africa, Namibia, Liberia, UAE, Saudi Arabia, Korea, Taiwan and Japan with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, Nickel, Aluminium, Power & Glass Substrate and foraying into electronics and display glass manufacturing. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector, is committed to reducing carbon emissions to net zero by 2050 or sooner and aims to spend $5 billion over the next 10 years to accelerate this transition. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, aims to spend Rs 5000 crore over the next five years on various social impact programs and its flagship project, Nand Ghar is setting up model anganwadis across India. Vedanta Ltd. ranked among top 5 in the S&P Global Corporate Sustainability Assessment 2024, and has been listed in the Dow Jones Sustainability World Index. The company has also been certified as a Great Place to Work and Kincentric Best Employer 2023. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.

For more information, please visit www.cairnindia.com / www.vedantalimited.com