Mermaid Maritime Public Company Limited
Mermaid Maritime Public Company Limited, often referred to as Mermaid, is a leading player in the offshore oil and gas industry, headquartered in Thailand. Established in 1993, the company has built a strong reputation for its innovative solutions in subsea engineering, marine services, and drilling operations across Southeast Asia and the Middle East. Mermaid's core offerings include subsea construction, inspection, maintenance, and repair services, distinguished by their commitment to safety and environmental sustainability. With a focus on advanced technology and skilled personnel, the company has achieved significant milestones, positioning itself as a trusted partner in the maritime sector. Notably, Mermaid has garnered recognition for its operational excellence and has consistently expanded its market presence, solidifying its status as a key player in the maritime industry.
DitchCarbon Score
How does Mermaid Maritime 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
Mermaid Maritime Public Company Limited's score of 7 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mermaid Maritime Public Company Limited's reported carbon emissions
In 2023, Mermaid Maritime Public Company Limited reported carbon emissions of approximately 35,405,000 kg CO2e for Scope 1 and about 450,000 kg CO2e for Scope 2. This reflects a commitment to transparency in their emissions reporting, although no data for Scope 3 emissions was disclosed. Over the years, the company has shown a trend of reducing its emissions. For instance, in 2021, the total emissions were about 23,629,000 kg CO2e for Scope 1 and 723,000 kg CO2e for Scope 2, indicating a significant reduction in emissions over the years. The company has not set specific reduction targets or initiatives as per the latest data, which suggests a need for further commitments in line with industry standards for climate action. Mermaid Maritime's emissions intensity has improved, with a reported Scope 1 and 2 emission factor of approximately 0.127 metric tons CO2e per unit of revenue in 2023, down from higher values in previous years. This indicates a positive trajectory towards reducing their carbon footprint relative to their revenue generation. Overall, while Mermaid Maritime has made strides in emissions reduction, the absence of formal reduction targets highlights an opportunity for the company to enhance its climate commitments and align with global sustainability goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 37,695,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,227,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 00,000 | 00,000 | 00,000 | - | - |
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.
Mermaid Maritime Public Company Limited 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.
