Petronas
Petroliam Nasional Berhad, commonly known as Petronas, is a leading Malaysian oil and gas company headquartered in Kuala Lumpur, Malaysia. Established in 1974, Petronas has grown to become a key player in the global energy sector, with significant operations across Asia, the Middle East, and beyond. The company is primarily engaged in the exploration, production, and distribution of oil and gas, alongside petrochemical manufacturing. Petronas is renowned for its innovative technologies and commitment to sustainability, setting it apart in a competitive market. With a strong market position, Petronas has achieved numerous milestones, including being ranked among the Fortune Global 500 companies. Its diverse portfolio of core products and services, coupled with a focus on research and development, underscores its role as a vital contributor to the energy landscape.
DitchCarbon Score
How does Petronas'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 Gas/Diesel Oil 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
Petronas's score of 20 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petronas's reported carbon emissions
In 2023, Petronas reported significant carbon emissions, with Scope 1 emissions totalling approximately 39,210,000,000 kg CO2e and Scope 2 emissions at about 530,000,000 kg CO2e. The company also reported Scope 3 emissions related to the use of sold products, amounting to approximately 286,690,000,000 kg CO2e. Over the years, Petronas has shown fluctuations in its emissions. For instance, in 2022, the company recorded Scope 1 emissions of about 40,320,000,000 kg CO2e and Scope 2 emissions of approximately 490,000,000 kg CO2e. In 2021, the figures were approximately 41,770,000,000 kg CO2e for Scope 1 and 770,000,000 kg CO2e for Scope 2. Despite these emissions, there are currently no specified reduction targets or climate pledges documented for Petronas. The company has not disclosed any specific initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry as global pressure mounts for companies to commit to substantial climate action. Petronas's headquarters is located in Malaysia (MY), and its revenue for 2023 was approximately 66,649,591,212 USD. The company continues to navigate the complexities of carbon emissions management while facing increasing scrutiny regarding its environmental impact.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Petronas is not participating in any 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.
