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Bangchak Corporation Public Company Limited, commonly known as Bangchak, is a leading Thai energy company headquartered in Bangkok, Thailand. Established in 1984, the company specialises in the production and distribution of electricity derived from petroleum and other oil-based derivatives, positioning itself as a key player in Thailand’s energy sector.
With a strong presence across Thailand and expanding operations regionally, Bangchak’s core offerings include oil refining, renewable energy projects, and retail fuel services. Its innovative approach to integrating traditional petroleum products with sustainable energy solutions has earned it a notable market position and recognition within the industry. As a pioneer in Thailand’s energy landscape, Bangchak continues to focus on sustainable growth and technological advancement in the electricity and oil derivatives industry.
43
DitchCarbon score
+31 vs industry average
Bangchak’s score of 43 is higher than 75% 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
Very High
Petroleum Electricity is among the most carbon-intensive industries
Industry performance
3.336
20182025
The Petroleum Electricity industry has reduced its overall emissions by 30% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Bangchak's reported carbon emissions
Bangchak, a Thai electricity producer primarily from petroleum and other oil derivatives, reported its Scope 1 emissions as approximately 907.3 million kg CO2e, Scope 2 emissions as about 6.2 million kg CO2e, and Scope 3 emissions as approximately 7.1 billion kg CO2e in 2025.
The company has set a target to achieve carbon neutrality by 2030 and net-zero emissions by 2050. As part of its near-term commitments, Bangchak aims to reduce Scope 1 and Scope 2 greenhouse gas emissions by 30% from a 2019 baseline by 2030. Additionally, it plans to improve overall production efficiency and utilise products that reduce emissions by 20% by 2025 and 30% by 2030, using 2023 as a baseline year.
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Bangchak’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bangchak13 days ago
43
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