PETRONAS Chemicals Olefins Sdn Bhd Sustainability Profile
PETRONAS Chemicals Olefins Sdn Bhd, a subsidiary of the renowned PETRONAS Group, is a leading player in the petrochemical industry, headquartered in Malaysia. Established in 1997, the company has made significant strides in the production of olefins and derivatives, serving both domestic and international markets. With major operations across Southeast Asia, PETRONAS Chemicals Olefins focuses on the manufacture of ethylene, propylene, and their derivatives, which are essential for various applications in plastics, automotive, and consumer goods. The company is recognised for its commitment to innovation and sustainability, positioning itself as a key contributor to the region's economic growth. Notable achievements include its advanced production facilities and a strong market presence, making PETRONAS Chemicals Olefins a trusted name in the petrochemical sector.
DitchCarbon Score
How does PETRONAS Chemicals Olefins Sdn Bhd'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 Olefins Sdn Bhd's score of 27 is higher 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 Olefins Sdn Bhd, headquartered in Malaysia (MY), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of PETRONAS Chemicals Group Berhad, which may influence its climate commitments and performance metrics. As of now, PETRONAS Chemicals Olefins Sdn Bhd has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may still be in the early stages of formalising its climate strategy or reporting. Given the context of the industry, it is essential for companies like PETRONAS Chemicals Olefins Sdn Bhd to align with global climate standards and frameworks, such as the Science Based Targets initiative (SBTi), to enhance their sustainability efforts and reduce their carbon footprint in the future.
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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 Olefins Sdn Bhd's Industry?
How Carbon Intensive is PETRONAS Chemicals Olefins Sdn Bhd's Location?
PETRONAS Chemicals Olefins Sdn Bhd's Scope 3 Categories Breakdown
PETRONAS Chemicals Olefins Sdn Bhd'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.
Top Scope 3 Categories
PETRONAS Chemicals Olefins Sdn Bhd'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 Olefins Sdn Bhd 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.
