Gulf Energy Development Public
Gulf Energy Development Public Company Limited, commonly referred to as Gulf Energy, is a leading player in the energy sector, headquartered in Thailand. Established in 2007, the company has rapidly expanded its operations across Southeast Asia, focusing on power generation and renewable energy solutions. Gulf Energy is renowned for its diverse portfolio, which includes natural gas-fired power plants and renewable energy projects, setting it apart in a competitive market. The company has achieved significant milestones, including the successful listing on the Stock Exchange of Thailand, which has bolstered its market position. With a commitment to sustainability and innovation, Gulf Energy continues to drive advancements in energy efficiency and environmental stewardship, making it a key contributor to Thailand's energy landscape.
DitchCarbon Score
How does Gulf Energy Development Public'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 Gas/Diesel Oil 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
Gulf Energy Development Public's score of 19 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gulf Energy Development Public's reported carbon emissions
In 2024, Gulf Energy Development Public Company Limited reported significant carbon emissions, totalling approximately 17,102,847,000 kg CO2e from Scope 1, 13,304,395,000 kg CO2e from Scope 2, and 22,984,000 kg CO2e from Scope 3. This data highlights the company's substantial carbon footprint, particularly in Scope 1 and Scope 2 emissions, which are primarily associated with direct operations and energy consumption. In 2023, the company's global emissions were reported at approximately 14,624,745,000 kg CO2e, with Scope 1 emissions at about 11,245,262,000 kg CO2e, Scope 2 at 23,547,000 kg CO2e, and Scope 3 at approximately 3,355,936,000 kg CO2e. This indicates a trend of high emissions across all scopes, with a notable concentration in Scope 1. Despite the high emissions figures, Gulf Energy Development has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s climate strategy appears to be in its early stages, with no formal climate pledges or reduction initiatives disclosed. Overall, Gulf Energy Development Public Company Limited's emissions data underscores the need for enhanced climate commitments and strategies to address its significant carbon footprint, particularly in the context of global climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,931,649,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
| Scope 2 | 10,762,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,363,000 | 0,000,000 | 0,000,000,000 | 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.
Gulf Energy Development Public is not participating in any 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.
