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.
+6 vs industry average
Mermaid Maritime Public Company Limited’s score of 21 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mermaid Maritime Public Company Limited's reported carbon emissions
In 2024, Mermaid Maritime Public Company Limited reported total carbon emissions of approximately 123.4 million kg CO2e. This figure includes Scope 1 emissions of about 33.96 million kg CO2e, Scope 2 emissions of approximately 360,000 kg CO2e, and Scope 3 emissions totalling around 89.44 million kg CO2e. The company has set ambitious near-term reduction targets, aiming for a 5% decrease in energy intensity for both Scope 1 and Scope 2 emissions based on 2023 data, to be achieved by the end of 2024. This commitment reflects Mermaid Maritime's proactive approach to mitigating its carbon footprint and enhancing sustainability within its operations. Mermaid Maritime's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company continues to focus on improving its environmental performance as part of its broader climate commitments.
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Mermaid Maritime Public Company Limited’s Climate Goals (2030 & 2050)
2 goals2024
5% reduction in Scope 2
The target is to reduce energy intensity by 5% from 2023 data.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Mermaid Maritime Public Company Limited
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