Ptt Public Company Limited, commonly known as PTT, is a leading state-owned enterprise headquartered in Thailand. Established in 1978, PTT has grown to become a key player in the energy sector, primarily focusing on oil and gas exploration, production, and distribution. With significant operations across Southeast Asia, the company has made notable strides in enhancing energy security and sustainability. PTT's core offerings include petroleum products, natural gas, and petrochemicals, distinguished by their commitment to innovation and environmental responsibility. The company has achieved several milestones, including its listing on the Stock Exchange of Thailand, which has solidified its market position as a top energy provider. PTT continues to lead the industry with a focus on sustainable practices and technological advancements, reinforcing its reputation as a cornerstone of Thailand's energy landscape.
How does Ptt Public'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.
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.
Ptt Public's score of 49 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, PTT Public Company Limited reported total greenhouse gas emissions of approximately 10,860,000,000 kg CO2e for Scope 1, 200,000,000 kg CO2e for Scope 2 (market-based), and 71,540,000,000 kg CO2e for Scope 3 emissions. In 2023, the company recorded similar emissions with approximately 9,830,000,000 kg CO2e for Scope 1, 190,000,000 kg CO2e for Scope 2 (market-based), and 73,660,000,000 kg CO2e for Scope 3. PTT has set ambitious climate commitments, aiming for a 15% reduction in total greenhouse gas emissions across all scopes by 2030, using 2020 as the baseline year. This target encompasses both Scope 1 and Scope 2 emissions, reflecting the company's commitment to reducing its operational impact. The company has disclosed emissions data for all three scopes, demonstrating transparency in its climate reporting. PTT's initiatives align with industry standards, and it continues to monitor its progress towards these reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,334,822,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
| Scope 2 | 317,309,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 127,078,140,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Ptt Public's Scope 3 emissions, which decreased by 3% last year and decreased by approximately 44% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
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.
Ptt Public has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
