PETRONAS CHEMICALS GROUP BERHAD Sustainability Profile
PETRONAS Chemicals Group Berhad, a leading player in the petrochemical industry, is headquartered in Malaysia. Established in 1974, the company has grown to become a significant contributor to the region's economy, with major operations across Asia and beyond. Specialising in the production of a diverse range of chemical products, PETRONAS Chemicals focuses on areas such as olefins, polyolefins, and fertilisers, which are essential for various industrial applications. The company is renowned for its commitment to innovation and sustainability, consistently delivering high-quality products that meet global standards. With a strong market position, PETRONAS Chemicals has achieved numerous accolades, reflecting its dedication to excellence and operational efficiency. As a subsidiary of PETRONAS, the group plays a vital role in the broader energy sector, driving advancements in chemical manufacturing while prioritising environmental responsibility.
DitchCarbon Score
How does PETRONAS CHEMICALS GROUP BERHAD'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 Chemicals 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 CHEMICALS GROUP BERHAD's score of 24 is lower than 54% 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 CHEMICALS GROUP BERHAD's reported carbon emissions
In 2024, PETRONAS Chemicals Group Berhad reported total carbon emissions of approximately 6,131,320,000 kg CO2e. This figure includes 6,074,946,000 kg CO2e from Scope 1 emissions, 51,319,000 kg CO2e from Scope 2, and 5,436,000 kg CO2e from Scope 3, which encompasses business travel and employee commuting. The previous year, 2023, saw total emissions of about 5,910,816,000 kg CO2e, with Scope 1 emissions at 5,859,402,000 kg CO2e and Scope 2 at 49,165,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no disclosed SBTi (Science Based Targets initiative) reduction targets. However, PETRONAS Chemicals Group Berhad is a current subsidiary of PETRONAS, and its emissions data is cascaded from the parent company. The emissions data reflects the company's ongoing commitment to transparency in reporting its carbon footprint across all relevant scopes. Overall, PETRONAS Chemicals Group Berhad's emissions profile indicates a significant operational impact, with a focus on understanding and managing its carbon emissions as part of its corporate responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,770,000,000 | 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 | 1,310,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is PETRONAS CHEMICALS GROUP BERHAD's Industry?
How Carbon Intensive is PETRONAS CHEMICALS GROUP BERHAD's Location?
PETRONAS CHEMICALS GROUP BERHAD's Scope 3 Categories Breakdown
PETRONAS CHEMICALS GROUP BERHAD's Scope 3 emissions, which increased by 125% last year and decreased by approximately 100% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Employee Commuting" being the largest emissions source at 56% of Scope 3 emissions.
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PETRONAS CHEMICALS GROUP BERHAD'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.
PETRONAS CHEMICALS GROUP BERHAD 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.
