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 18 is higher than 52% 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 971,000,000 kg CO2e, comprising about 965,000,000 kg CO2e from Scope 1 and about 6,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce greenhouse gas emissions by 30% from its 2019 levels by 2030, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects Bangchak's dedication to improving its environmental performance and aligns with industry standards for climate action. Historically, in 2022, Bangchak's emissions included approximately 946,000,000 kg CO2e from Scope 1 and a significant 3,874,168,130 kg CO2e from Scope 3 emissions, indicating a substantial reliance on purchased goods and services. The company has not disclosed Scope 3 emissions data for 2023, focusing instead on its direct emissions. Bangchak's reduction initiatives are part of its broader sustainability strategy, which includes a commitment to carbon intensity reduction. The company is actively working towards these targets, demonstrating a proactive approach to mitigating climate change impacts.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 972,926,230 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 23,554,480 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 3 | - | - | - | - | - | 0,000,000,000 |
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.
