PTT Exploration and Production Public Company Limited
PTT Exploration and Production Public Company Limited, commonly known as PTTEP, is a leading Thai oil and gas exploration and production company headquartered in Thailand. Established in 1985, PTTEP has grown to become a significant player in the energy sector, with operations spanning across Southeast Asia, the Middle East, and Africa. Specialising in the exploration and production of petroleum resources, PTTEP is committed to sustainable practices and innovative technologies. The company’s core services include oil and gas exploration, development, and production, with a focus on maximising resource recovery while minimising environmental impact. With a strong market position, PTTEP has achieved notable milestones, including successful offshore projects and strategic partnerships that enhance its operational capabilities. As a subsidiary of PTT Public Company Limited, PTTEP continues to contribute to Thailand's energy security and economic growth.
DitchCarbon Score
How does PTT Exploration and Production Public Company Limited'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 Crude Oil Extraction 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
PTT Exploration and Production Public Company Limited's score of 20 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PTT Exploration and Production Public Company Limited's reported carbon emissions
PTT Exploration and Production Public Company Limited (PTTEP), headquartered in Thailand, has outlined significant climate commitments aimed at reducing its carbon emissions. Although specific emissions data for the most recent year is not available, PTTEP has set ambitious targets to address its greenhouse gas (GHG) emissions. The company is committed to achieving carbon neutrality by 2050 and aims for net-zero GHG emissions by 2065, aligning with the United Nations Sustainable Development Goal 13: Climate Action. This commitment was reinforced during the UN Climate Change Conference of the Parties (COP26). In the near term, PTTEP has established a target to reduce GHG emissions intensity from its exploration and production activities, covering both Scope 1 and Scope 2 emissions, by at least 25% by 2030, using 2012 as the base year. This initiative reflects PTTEP's proactive approach to mitigating climate change impacts and demonstrates its dedication to sustainable practices within the energy sector.
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.
PTT Exploration and Production Public Company Limited is participating in some 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.
