Thai Oil
Thai Oil Public Company Limited, commonly referred to as Thai Oil, is a leading player in the energy sector, headquartered in Thailand. Established in 1961, the company has grown to become a significant force in refining and petrochemical production, primarily serving the Southeast Asian market. Thai Oil operates a state-of-the-art refinery in Sriracha, Chonburi, which is one of the largest in the region. The company’s core offerings include high-quality petroleum products, lubricants, and petrochemical derivatives, distinguished by their commitment to sustainability and innovation. With a strong market position, Thai Oil has achieved numerous accolades for its operational excellence and environmental initiatives, solidifying its reputation as a responsible industry leader. The company continues to focus on enhancing its product portfolio while contributing to Thailand's energy security and economic development.
DitchCarbon Score
How does Thai Oil'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 Petroleum Coke 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
Thai Oil's score of 8 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Thai Oil's reported carbon emissions
In 2023, Thai Oil reported carbon emissions of approximately 3,380,000,000 kg CO2e from Scope 1 sources, with an additional 8,244,000 kg CO2e from Scope 2 emissions. The company has shown a consistent trend in emissions over the years, with Scope 1 emissions peaking at about 3,650,000,000 kg CO2e in 2016. Notably, Thai Oil has not disclosed any Scope 3 emissions data, which is significant given the industry's focus on comprehensive emissions reporting. Despite the lack of specific reduction targets or initiatives, Thai Oil's emissions intensity for Scope 1 and 2 has been reported at approximately 31.0 kg CO2e per barrel of oil equivalent in 2023. The company has not committed to any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for improvement in their climate strategy. Overall, while Thai Oil has made strides in emissions reporting, the absence of clear reduction commitments may limit its effectiveness in addressing climate change challenges.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,420,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | 0,000,000 |
| Scope 3 | - | - | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - |
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.
Thai Oil is not committed to any reduction initiatives 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.
