Mermaid Maritime Public Company Limited Sustainability Profile
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 26 is higher than 57% 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 2024, Mermaid Maritime Public Company Limited reported total carbon emissions of approximately 123,401,000 kg CO2e, with Scope 1 emissions at about 33,958,000 kg CO2e and Scope 3 emissions reaching approximately 89,443,000 kg CO2e. The company has set ambitious near-term reduction targets, aiming for a 5% decrease in eCO2 intensity for Scope 1 and energy intensity for Scope 2, using 2023 as the baseline year. In 2023, the company’s global emissions included Scope 1 emissions of about 35,405,000 kg CO2e and Scope 2 emissions of approximately 450,000 kg CO2e. Notably, the Scope 3 emissions reported for employee commuting were about 1,169,000 kg CO2e. The emissions data reflects a commitment to transparency and accountability in addressing climate change. Mermaid Maritime's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company is actively working towards reducing its carbon footprint while maintaining operational efficiency, aligning with industry standards for climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 | 0,000,000 | 00,000,000 |
How Carbon Intensive is Mermaid Maritime Public Company Limited's Industry?
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Mermaid Maritime 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.
Mermaid Maritime 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.
