Bangchak Corporation Public Company Limited, commonly known as Bangchak, is a leading player in the energy sector, headquartered in Thailand. Established in 1984, the company has made significant strides in the oil and energy industry, focusing on refining, distribution, and renewable energy solutions. With major operations across Thailand and a commitment to sustainability, Bangchak stands out for its innovative approach to biofuels and solar energy. The company’s core products include refined petroleum products and renewable energy, which are distinguished by their emphasis on environmental responsibility and efficiency. Recognised for its market leadership, Bangchak has received numerous accolades for its commitment to sustainable practices and corporate social responsibility, solidifying its position as a forward-thinking energy provider in the region.
How does Bangchak's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Petroleum Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Bangchak's score of 24 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bangchak reported total carbon emissions of approximately 940,428,340 kg CO2e from Scope 1, 6,274,750 kg CO2e from Scope 2, and a negligible amount of 6,260 kg CO2e from Scope 3 emissions. This marks a significant reduction in emissions compared to previous years, particularly in Scope 3, which saw a drastic decrease from over 1,900,000,000 kg CO2e in 2022. Over the years, Bangchak has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported approximately 1,919,764,730 kg CO2e in Scope 3 emissions, highlighting a substantial effort to lower emissions across its operations. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to climate accountability. Despite the absence of specific reduction targets or climate pledges, Bangchak's ongoing efforts to monitor and report emissions reflect its commitment to sustainability and climate action. The company continues to focus on reducing its greenhouse gas emissions intensity, as evidenced by its reported emissions factors over the years.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 989,258,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 15,540,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,004,798,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bangchak is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.