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Abstract Physical, Regulatory and Brand value risks due to climate change challenges are foreseen by businesses globally. This paper is oriented towards these challenges and prepared a comprehensive Greenhouse gases (GHG) footprint plan and identification of mitigation opportunities for ONGC, a fortune 500 and national oil company of India. Internationally recognized standards and guidelines like Greenhouse Gas Protocol, ISO-14064, and American Petroleum Institute compendium have been referred for quantifying carbon emissions in nearly real 400 + operation control facilities. The GHG inventory is based on Operational Control approach to identify the boundary for which emissions are to be quantified and two significant scopes of emissions viz Direct Emissions and Indirect Emissions are identified and quantified. The quantification concluded that GHG emission footprint for the year 2016–17 is in the range of 9 million tons of CO 2 equivalent. GHG emissions mainly account due to stationary combustion, fugitive emissions and wastewater treatment, which share the around 56% of total emissions. Another 24–26% of emissions are contributed due to flaring, processes by glycol dehydrator, acid gas removal units, and by electricity purchased from the grid. As a result, it has been found that ONGC emits 187 kg CO 2 e emissions per tonne throughput and also compared with its global peer organizations. At the organization level, "Key Industrial Sites" have been identified as contributing higher GHG emissions and accordingly key "hot-spots," a list of 15 GHG mitigation opportunities have been proposed in the paper. Two GHG mitigation initiatives based on solar energy and bioenergy application undertaken at ONGC has also been briefed on case studies. Highlights • Comprehensive carbon footprint plan and identification of mitigation opportunities for Oil and Natural Gas Corporation (ONGC), a fortune 500 and national oil company of India. • Guidelines like Greenhouse Gas Protocol, ISO-4064 and American Petroleum Institute compendium are referred for quantifying carbon emissions from direct and indirect sources. • Green policy, incentives and mandatory compliance. • CO2e emissions per tonne throughput and also compared with its peer global organisations. • Key hot-spots, with a list of 15 GHG mitigation opportunities. [ABSTRACT FROM AUTHOR]