Public Profile

Petronas

Petroliam Nasional Berhad, commonly known as Petronas, is a leading Malaysian oil and gas company headquartered in Kuala Lumpur, Malaysia. Established in 1974, Petronas has grown to become a key player in the global energy sector, with significant operations across Asia, the Middle East, and beyond. The company is primarily engaged in the exploration, production, and distribution of oil and gas, alongside petrochemical manufacturing. Petronas is renowned for its innovative technologies and commitment to sustainability, setting it apart in a competitive market. With a strong market position, Petronas has achieved numerous milestones, including being ranked among the Fortune Global 500 companies. Its diverse portfolio of core products and services, coupled with a focus on research and development, underscores its role as a vital contributor to the energy landscape.

DitchCarbon Score

How does Petronas'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.

20

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.

12

Industry Benchmark

Petronas's score of 20 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Petronas's reported carbon emissions

In 2023, Petronas reported carbon emissions of approximately 39,210,000,000 kg CO2e for Scope 1 and 530,000,000 kg CO2e for Scope 2 in Malaysia. Globally, their emissions included about 4,692,356,000 kg CO2e for Scope 1, 49,165,000 kg CO2e for Scope 2, and 1,350,000,000 kg CO2e for Scope 3. Over the years, Petronas has shown fluctuations in emissions, with significant Scope 3 emissions peaking at approximately 108,840,000,000 kg CO2e in 2016 globally. The company has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in transparency and accountability regarding their climate strategy. Petronas's emissions data reflects their ongoing challenges in managing carbon outputs, particularly in the context of their extensive operations in the oil and gas sector. As they navigate the transition towards a more sustainable future, the need for clear reduction targets and actionable climate strategies remains critical.

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2014201520162017201820192020202120222023
Scope 1
-
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
-
-
0,000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
48,890,000,000
00,000,000,000
000,000,000,000
00,000,000,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Petronas's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Petronas is headquartered in MY, which has a rank of medium, indicating medium grid carbon 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.

Petronas is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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