Public Profile

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.

8

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.

13

Industry Benchmark

Thai Oil's score of 8 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

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, which include direct emissions from their operations. Additionally, they recorded about 8,244,000 kg CO2e from Scope 2 emissions, related to indirect emissions from purchased electricity. Over the years, Thai Oil's emissions have shown fluctuations, with Scope 1 emissions peaking at about 3,650,000,000 kg CO2e in 2016. The company has not disclosed any specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. Despite the lack of formal reduction targets, Thai Oil continues to monitor and report its emissions, reflecting an awareness of its environmental impact. The company’s emissions intensity for Scope 1 and 2 has remained consistent, with a reported intensity of 31.0 kg CO2e per barrel of oil equivalent in recent years. As the energy sector faces increasing scrutiny regarding climate change, Thai Oil's ongoing emissions reporting will be crucial in assessing its future commitments and actions towards reducing its carbon footprint.

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2014201520162017201820192020202120222023
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
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thai Oil's primary industry is Petroleum Coke, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Thai Oil is headquartered in TH, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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