Bangchak

Bangchak, headquartered in Thailand and operating in the electricity by petroleum and other oil derivatives industry, has reported total GHG emissions of approximately 26.1 billion kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions. In 2023, the company's total emissions were approximately 969.5 million kg CO2e, with Scope 1 emissions at around 941 million kg CO2e and Scope 2 at about 5.3 million kg CO2e. Scope 3 emissions for 2023 were approximately 4.4 billion kg CO2e.

Bangchak has set ambitious climate commitments. The company aims to achieve carbon neutrality by 2030 and net zero emissions by 2050. To support these goals, Bangchak has established targets to reduce greenhouse gas emissions by 30% from a 2019 base year by 2030. Furthermore, the company intends to improve overall production efficiency and utilise products that reduce emissions by 20% by 2025 and 30% by 2030. In 2022, Scope 1 emissions were approximately 1.06 billion kg CO2e, Scope 2 emissions were approximately 5.9 million kg CO2e, and Scope 3 emissions were approximately 3.1 billion kg CO2e. Earlier reporting periods show: 2021 – total Scope 1 and 2 emissions of approximately 827.1 million kg CO2e; 2020 – total Scope 1 and 2 emissions of approximately 892.8 million kg CO2e; 2019 – total Scope 1 and 2 emissions of approximately 909 million kg CO2e; 2018 – total Scope 1 and 2 emissions of approximately 913.2 million kg CO2e; 2017 – total Scope 1 and 2 emissions of approximately 996.5 million kg CO2e; 2016 – Scope 1 emissions of approximately 1 billion kg CO2e and Scope 2 of approximately 15.5 million kg CO2e; 2015 – Scope 1 emissions of approximately 1.08 billion kg CO2e and Scope 2 of approximately 84.8 million kg CO2e; and 2014 – Scope 1 emissions of approximately 910.3 million kg CO2e and Scope 2 of approximately 157.2 million kg CO2e. Scope 3 data was not disclosed for reporting years prior to 2023.