Bangchak Sustainability Profile
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 38 is higher than 71% 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 2024, Bangchak Corporation Public Company Limited reported total global carbon emissions of approximately 26,138,307,660 kg CO2e. This figure includes 1,131,248,390 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 5,250,550 kg CO2e from Scope 2 emissions. The majority of emissions, about 25,001,808,720 kg CO2e, were attributed to Scope 3 activities. Bangchak has set ambitious targets to reduce greenhouse gas emissions by 30% from a 2019 baseline for both Scope 1 and Scope 2 emissions, with a target completion year of 2030. This commitment reflects the company's dedication to improving its environmental performance and aligns with industry standards for climate action. In 2023, the company reported total emissions of approximately 969,500,150 kg CO2e, with Scope 1 emissions at 964,189,600 kg CO2e and Scope 2 emissions at 5,310,550 kg CO2e. The previous year, 2022, saw total emissions of about 1,066,498,710 kg CO2e, indicating a need for continued focus on emission reduction strategies. Bangchak's climate commitments are not cascaded from a parent organisation, indicating that their targets and data are independently reported. The company actively engages in sustainability initiatives, aiming to enhance its operational efficiency and reduce its carbon footprint in the coming years.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,084,090,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 2,648,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Bangchak's Industry?
How Carbon Intensive is Bangchak's Location?
Bangchak's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bangchak has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
