Bangchak
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Bangchak's score of 22 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bangchak's reported carbon emissions
In 2023, Bangchak reported total carbon emissions of approximately 971,000,000 kg CO2e, comprising about 965,000,000 kg CO2e from Scope 1 and about 6,000,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where emissions were approximately 1,073,000,000 kg CO2e, with Scope 1 emissions at about 1,070,000,000 kg CO2e and Scope 2 emissions remaining consistent at about 6,000,000 kg CO2e. Bangchak has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas emissions from both Scope 1 and Scope 2 by 2030, using 2019 as the base year. This target reflects their "Breakthrough Performance" initiative, which is currently on track for the near term. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. As part of their sustainability strategy, Bangchak is committed to enhancing their environmental performance and reducing their carbon footprint in alignment with industry standards.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 972,926,230 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 23,554,480 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
