Bangchak Sriracha Public Company Limited Sustainability Profile
Bangchak Sriracha Public Company Limited, commonly referred to as Bangchak, is a prominent player in Thailand's energy sector, headquartered in Sriracha, Chonburi. Established in 1985, the company has evolved into a leading integrated energy firm, focusing on refining, distribution, and marketing of petroleum products. Bangchak's core offerings include high-quality fuels, lubricants, and renewable energy solutions, setting it apart with a commitment to sustainability and innovation. The company has achieved significant milestones, including the development of advanced biofuels and a robust network of service stations across Thailand. With a strong market position, Bangchak is recognised for its contributions to the energy landscape, emphasising eco-friendly practices and community engagement. Its dedication to excellence and sustainability continues to drive its growth and reputation in the industry.
DitchCarbon Score
How does Bangchak Sriracha Public Company Limited'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 Crude Oil Extraction 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 Sriracha Public Company Limited's score of 30 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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In 2024, Bangchak Sriracha Public Company Limited reported significant carbon emissions, totalling approximately 25,001,809,000 kg CO2e in Scope 3, primarily from the use of sold products. The company's Scope 1 emissions were about 1,131,250,000 kg CO2e, while Scope 2 emissions amounted to approximately 5,251,000 kg CO2e. The combined total for Scope 1 and Scope 2 emissions reached about 1,136,501,000 kg CO2e. In 2023, the company recorded Scope 1 emissions of around 964,190,000 kg CO2e and Scope 2 emissions of approximately 5,311,000 kg CO2e, leading to a total of about 969,500,000 kg CO2e for Scope 1 and 2 combined. The 2022 figures showed Scope 1 emissions at about 1,060,608,000 kg CO2e and Scope 2 emissions at approximately 5,892,000 kg CO2e, resulting in a total of around 1,066,500,000 kg CO2e for Scope 1 and 2. Despite the substantial emissions, there are currently no publicly disclosed reduction targets or climate pledges from Bangchak Sriracha. The company is a current subsidiary of Bangchak Corporation Public Company Limited, which may influence its climate strategies and performance metrics. Emissions data for Bangchak Sriracha is cascaded from its parent company, reflecting the broader corporate family's sustainability initiatives.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,084,090,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 2,648,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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Bangchak Sriracha Public Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bangchak Sriracha Public Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
