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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.
-12 vs industry average
Thai Oil’s score of 11 is lower than 26% 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, a Petroleum Coke company headquartered in Thailand, reported Scope 1 emissions of approximately 3.45 billion kg CO2e and Scope 2 emissions of about 30.75 million kg CO2e in 2024. For 2023, the company reported Scope 1 emissions of around 3.38 billion kg CO2e. In 2022, Scope 1 emissions were approximately 3.26 billion kg CO2e.
Thai Oil aims to reduce its greenhouse gas emissions by 15% from a 2026 baseline by 2035. The company is committed to achieving Carbon Neutrality by 2050 and Net Zero Greenhouse Gas Emissions by 2060, as part of its Net Zero GHG Emissions Strategy.
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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