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.
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 27 is higher than 85% 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 2023, Bangchak reported total carbon emissions of approximately 940,428,340 kg CO2e for Scope 1, 6,274,750 kg CO2e for Scope 2, and 6,260 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all three scopes. The company has set ambitious reduction targets, aiming for a 30% decrease in greenhouse gas emissions from their 2019 baseline by 2030 for both Scope 1 and Scope 2 emissions. This initiative is part of their Breakthrough Performance strategy, demonstrating a proactive approach to climate action. In 2022, Bangchak's emissions were approximately 930,897,270 kg CO2e for Scope 1, 5,110,710 kg CO2e for Scope 2, and a significant 1,919,764,730 kg CO2e for Scope 3, indicating a substantial reliance on upstream activities. The company has consistently disclosed emissions data, showcasing their commitment to sustainability and accountability. Overall, Bangchak's climate commitments reflect a strategic focus on reducing their carbon footprint while maintaining operational transparency, aligning with industry standards for climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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
Location emissions 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 participating in some of the initiatives that 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.
