diff --git a/sdk/python/kfp/compiler/_default_transformers.py b/sdk/python/kfp/compiler/_default_transformers.py
index bb33d212668..4c59555cfcf 100644
--- a/sdk/python/kfp/compiler/_default_transformers.py
+++ b/sdk/python/kfp/compiler/_default_transformers.py
@@ -12,7 +12,9 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
+import re
 from typing import Callable, Dict, Optional, Text
+
 from ..dsl._container_op import BaseOp, ContainerOp
 
 # Pod label indicating the SDK type from which the pipeline is
@@ -20,6 +22,16 @@
 _SDK_ENV_LABEL = 'pipelines.kubeflow.org/pipeline-sdk-type'
 _SDK_ENV_DEFAULT = 'kfp'
 
+# Common prefix of KFP OOB components url paths.
+_OOB_COMPONENT_PATH_PREFIX = 'https://raw.githubusercontent.com/kubeflow/'\
+                             'pipelines'
+
+# Key for component origin path pod label.
+COMPONENT_PATH_LABEL_KEY = 'pipelines.kubeflow.org/component_origin_path'
+
+# Key for component spec digest pod label.
+COMPONENT_DIGEST_LABEL_KEY = 'pipelines.kubeflow.org/component_digest'
+
 
 def get_default_telemetry_labels() -> Dict[Text, Text]:
     """Returns the default pod labels for telemetry purpose."""
@@ -68,3 +80,40 @@ def _add_pod_labels(task):
         return task
 
     return _add_pod_labels
+
+
+def _remove_suffix(string: Text, suffix: Text) -> Text:
+    """Removes the suffix from a string."""
+    if suffix and string.endswith(suffix):
+        return string[:-len(suffix)]
+    else:
+        return string
+
+
+def add_name_for_oob_components() -> Callable:
+    """Adds the OOB component name if applicable."""
+    
+    def _add_name_for_oob_components(task):
+        # Detect the component origin uri in component_ref if exists, and
+        # attach the OOB component name as a pod label.
+        component_ref = getattr(task, '_component_ref', None)
+        if component_ref:
+            if component_ref.url:
+                origin_path = _remove_suffix(
+                    component_ref.url, 'component.yaml').rstrip('/')
+                # Only include KFP OOB components.
+                if origin_path.startswith(_OOB_COMPONENT_PATH_PREFIX):
+                    origin_path = origin_path.split('/', 7)[-1]
+                else:
+                    return task
+                # Clean the label to comply with the k8s label convention.
+                origin_path = re.sub('[^-a-z0-9A-Z_.]', '.', origin_path)
+                origin_path_label = origin_path[-63:].strip('-_.')
+                task.add_pod_label(COMPONENT_PATH_LABEL_KEY, origin_path_label)
+            if component_ref.digest:
+                task.add_pod_label(
+                    COMPONENT_DIGEST_LABEL_KEY, component_ref.digest)
+            
+        return task
+    
+    return _add_name_for_oob_components
\ No newline at end of file
diff --git a/sdk/python/kfp/compiler/compiler.py b/sdk/python/kfp/compiler/compiler.py
index d6cbddb203f..bb70b45d488 100644
--- a/sdk/python/kfp/compiler/compiler.py
+++ b/sdk/python/kfp/compiler/compiler.py
@@ -27,7 +27,7 @@
 from .. import dsl
 from ._k8s_helper import convert_k8s_obj_to_json, sanitize_k8s_name
 from ._op_to_template import _op_to_template
-from ._default_transformers import add_pod_env, add_pod_labels, get_default_telemetry_labels
+from ._default_transformers import add_pod_env, add_pod_labels, add_name_for_oob_components, get_default_telemetry_labels
 
 from ..components.structures import InputSpec
 from ..components._yaml_utils import dump_yaml
@@ -836,6 +836,7 @@ def _create_workflow(self,
     if allow_telemetry:
       pod_labels = get_default_telemetry_labels()
       op_transformers.append(add_pod_labels(pod_labels))
+      op_transformers.append(add_name_for_oob_components())
 
     op_transformers.extend(pipeline_conf.op_transformers)
 
diff --git a/sdk/python/tests/compiler/compiler_tests.py b/sdk/python/tests/compiler/compiler_tests.py
index 593e5053622..3a175ed15f6 100644
--- a/sdk/python/tests/compiler/compiler_tests.py
+++ b/sdk/python/tests/compiler/compiler_tests.py
@@ -26,6 +26,8 @@
 import unittest
 import yaml
 
+from kfp import components
+from kfp.compiler._default_transformers import COMPONENT_DIGEST_LABEL_KEY, COMPONENT_PATH_LABEL_KEY
 from kfp.dsl._component import component
 from kfp.dsl import ContainerOp, pipeline
 from kfp.dsl.types import Integer, InconsistentTypeException
@@ -40,6 +42,11 @@ def some_op():
       command=['sleep 1'],
   )
 
+_TEST_GCS_DOWNLOAD_COMPONENT_URL = 'https://raw.githubusercontent.com/kubeflow/'\
+                                   'pipelines/2dac60c400ad8767b452649d08f328df'\
+                                   'af230f96/components/google-cloud/storage/'\
+                                   'download/component.yaml'
+
 
 class TestCompiler(unittest.TestCase):
   # Define the places of samples covered by unit tests.
@@ -711,6 +718,27 @@ def some_pipeline():
       container = template.get('container', None)
       if container:
         self.assertEqual(template['retryStrategy']['limit'], 5)
+        
+  def test_oob_component_label(self):
+    gcs_download_op = components.load_component_from_url(
+        _TEST_GCS_DOWNLOAD_COMPONENT_URL)
+    
+    @dsl.pipeline(name='some_pipeline')
+    def some_pipeline():
+      _download_task = gcs_download_op('gs://some_bucket/some_dir/some_file')
+      
+    workflow_dict = compiler.Compiler()._compile(some_pipeline)
+    
+    found_download_task = False
+    for template in workflow_dict['spec']['templates']:
+      if template.get('container', None):
+        found_download_task = True
+        self.assertEqual(
+            template['metadata']['labels'][COMPONENT_PATH_LABEL_KEY],
+            'google-cloud.storage.download')
+        self.assertIsNotNone(
+            template['metadata']['labels'].get(COMPONENT_DIGEST_LABEL_KEY))
+    self.assertTrue(found_download_task, 'download task not found in workflow.')
   
   def test_image_pull_policy(self):
     def some_op():