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Thai Oil Public Company Limited, commonly referred to as Thai Oil, is a leading player in the petroleum coke industry, headquartered in Thailand. Established in 1961, the company has grown to become a significant force in the Southeast Asian energy sector, with major operations across the region.
Thai Oil primarily focuses on refining crude oil and producing high-quality petroleum coke, a vital component in various industrial applications. The company is renowned for its commitment to innovation and sustainability, setting it apart from competitors. With a robust market position, Thai Oil has achieved notable milestones, including advancements in refining technology and environmental initiatives.
As a key supplier in the petroleum coke market, Thai Oil continues to enhance its product offerings, ensuring they meet the evolving needs of its diverse clientele while maintaining a strong emphasis on quality and environmental responsibility.
-9 vs industry average
Thai Oil’s score of 11 is lower than 27% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petroleum Coke is among the most carbon-intensive industries
The Petroleum Coke industry has reduced its overall emissions by 27% since 2018
Scope 3 accounts for ••• of total emissions.
Thai Oil, headquartered in Thailand and operating within the Petroleum Coke industry, has outlined significant commitments to emissions reduction. The company aims to achieve Carbon Neutrality by 2050 and Net Zero Greenhouse Gas Emissions by 2060.
In line with these long-term goals, Thai Oil has set a target to reduce its greenhouse gas (GHG) emissions by 15% by 2035, using 2026 as its base year. This commitment encompasses all scopes of emissions.
For the reporting year 2024, Thai Oil reported Scope 1 emissions of approximately 3,447,284,000 kg CO2e and Scope 2 emissions of about 30,753,000 kg CO2e.
In 2023, the company reported Scope 1 emissions totalling approximately 3,376,162,000 kg CO2e. Previous Scope 1 emissions data includes:
Scope 3 emissions data is less comprehensive, with reported figures for "fuel and energy related activities" in 2018 at approximately 24,800,000,000 kg CO2e, in 2017 at approximately 19,900,000,000 kg CO2e, and in 2016 at approximately 20,400,000,000 kg CO2e. In 2016, an overall Scope 3 total of approximately 227,800,000,000 kg CO2e was reported. Thai Oil's data indicates that Scope 3 emissions from purchased goods and services are a missing data point across multiple reporting years.
The company also reports production emission factors, such as carbon emissions per employee and greenhouse gas intensity metrics, which contribute to understanding its environmental footprint.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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