Public Profile

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.

22

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.

8

Industry Benchmark

Bangchak's score of 22 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Bangchak's reported carbon emissions

In 2023, Bangchak reported total carbon emissions of approximately 940,428,340 kg CO2e from Scope 1, 6,274,750 kg CO2e from Scope 2, and a minimal 6,260 kg CO2e from Scope 3 emissions. This marks a significant reduction in emissions compared to previous years, particularly in Scope 3, which saw a drastic decrease from approximately 1,919,764,730 kg CO2e in 2022. Over the years, Bangchak has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a total of approximately 936,007,980 kg CO2e in Scope 1 and 2 emissions, down from about 892,751,850 kg CO2e in 2020. The trend indicates a consistent effort to lower emissions across all scopes, with a notable focus on improving operational efficiency and sustainability practices. Despite the absence of specific reduction targets or climate pledges, Bangchak's ongoing initiatives reflect a proactive approach to addressing climate change and reducing greenhouse gas emissions. The company continues to align its operations with industry standards and best practices in sustainability, contributing to a greener future.

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20162017201820192020202120222023
Scope 1
989,258,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
15,540,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
1,004,798,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bangchak's primary industry is Electricity by petroleum and other oil derivatives, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Bangchak is headquartered in TH, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers