Gulf Energy Development Public

Gulf Energy Development Public: Climate Commitments & Emissions Performance

Gulf Energy Development Public, a Gas/Diesel Oil industry company headquartered in Thailand, has disclosed its carbon emissions and set climate commitments.

In 2025, the company reported total greenhouse gas emissions of approximately 15.8 billion kg CO2e. This included roughly 12.3 billion kg CO2e from Scope 1 emissions, about 36 million kg CO2e from Scope 2 emissions, and approximately 3.4 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 were fuel and energy-related activities (around 3.4 billion kg CO2e) and purchased goods and services (approximately 8 million kg CO2e).

Looking back, Gulf Energy Development Public's total emissions were about 17.1 billion kg CO2e in 2024 and approximately 14.6 billion kg CO2e in 2023. In 2022, total emissions stood at around 8.8 billion kg CO2e, and in 2021, they were about 5.1 billion kg CO2e. The earliest data available shows total emissions of roughly 3.9 billion kg CO2e in 2020 and approximately 9.5 billion kg CO2e in 2019.

The company has established significant climate commitments:

• Net-Zero Target: Gulf Energy Development Public aims to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2050. It also states a net-zero target for Scope 3 emissions by 2050, as reported in its 2023 quantitative ESG data.
• Emissions Intensity Reduction: The company has a near-term target to reduce its Scope 1 greenhouse gas emissions intensity by 25% by 2030, compared to a 2019 baseline intensity of 0.407 tCO2e/MWh.