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.
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.
Industry Benchmark
Petronas's score of 20 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petronas's reported carbon emissions
In 2023, Petronas reported total carbon emissions of approximately 39,210,000,000 kg CO2e for Scope 1 and 530,000,000 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, particularly from the use of sold products, amounting to approximately 286,690,000,000 kg CO2e. Over the years, Petronas has shown a commitment to reducing its carbon footprint. In 2022, the company reported Scope 1 emissions of about 40,320,000,000 kg CO2e and Scope 2 emissions of approximately 490,000,000 kg CO2e. This indicates a focus on managing and potentially reducing emissions across its operations. Despite the absence of specific reduction targets or initiatives disclosed in the provided data, Petronas has engaged in various sustainability efforts, including investments in solar energy, which resulted in a reduction of about 1,291 tonnes CO2e. The company continues to navigate the complexities of carbon emissions management within the oil and gas sector, aligning with global climate commitments.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Petronas 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.
