Absolute Clean Energy Public Company Limited
Absolute Clean Energy Public Company Limited, commonly referred to as ACE, is a leading player in the transmission services of electricity sector, headquartered in Thailand. Established in 2015, the company has rapidly expanded its operations across key regions, focusing on sustainable energy solutions that meet the growing demand for clean power.
ACE is dedicated to providing innovative electricity transmission services, with a strong emphasis on renewable energy sources. Its unique approach combines advanced technology with a commitment to environmental sustainability, positioning the company as a frontrunner in the industry. Notable achievements include significant partnerships and projects that enhance energy efficiency and reliability.
With a robust market presence, Absolute Clean Energy continues to set benchmarks in the electricity transmission landscape, driving the transition towards a greener future.
-1 vs industry average
Absolute Clean Energy Public Company Limited’s score of 24 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Transmission is among the most carbon-intensive industries
Industry performance
The Electricity Transmission industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Absolute Clean Energy Public Company Limited's reported carbon emissions
Absolute Clean Energy Public Company Limited (ACE), headquartered in Thailand and operating in electricity transmission services, reported substantial carbon emissions across Scopes 1, 2, and 3 in recent years. For the reporting year 2024, ACE's total calculated emissions were approximately 105.6 billion kg CO2e. This total comprised around 5.5 billion kg CO2e for Scope 1, approximately 42.1 million kg CO2e for Scope 2, and an estimated 5.48 billion kg CO2e for Scope 3. Within Scope 3, specific categories included approximately 4.6 billion kg CO2e from investments, about 6.3 million kg CO2e from purchased goods and services, and around 875 million kg CO2e from fuel and energy-related activities. In 2023, total calculated emissions were approximately 49.7 million kg CO2e, with Scope 1 emissions at about 5.7 billion kg CO2e and Scope 2 at approximately 4.8 million kg CO2e. Scope 3 emissions for 2023 were reported as approximately 5,700 kg CO2e, with a significant portion of around 4 billion kg CO2e attributed to investments. ACE has set ambitious climate commitments, including a long-term goal to become a net-zero greenhouse gas emitter by 2050. In the short term, ACE aims to reduce emissions from stacks by 10% of the stack air quality standard by 2024 and by 15% by 2027, as part of their operational emissions reduction strategy.
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Absolute Clean Energy Public Company Limited’s Climate Goals (2030 & 2050)
2 goals2027
10% reduction in Scope 1
• Short-term (2023 - 2024) The goal is to reduce the amount of emissions from the stack to be better than the standard values, with a target…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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