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.
-6 vs industry average
Thai Oil’s score of 13 is lower than 35% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Petroleum Coke is among the most carbon-intensive industries
Industry performance
The Petroleum Coke industry has reduced its overall emissions by 27% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Thai Oil's reported carbon emissions
Thai Oil's most recent disclosed emissions data is for 2024, reporting approximately 3.48 billion kg CO2e in Scope 1 emissions and about 30.75 million kg CO2e in Scope 2 emissions.
For 2023, Thai Oil reported approximately 3.38 billion kg CO2e in Scope 1 emissions. In 2022, Scope 1 emissions were approximately 3.26 billion kg CO2e. The previous year, 2021, saw Scope 1 emissions at approximately 3.15 billion kg CO2e. In 2020, Scope 1 emissions were around 3.03 billion kg CO2e. Scope 1 emissions for 2019 were approximately 3.31 billion kg CO2e.
In 2018, Thai Oil reported approximately 3.49 billion kg CO2e in Scope 1 emissions, and 0 kg CO2e in Scope 2 emissions. Additionally, Scope 3 emissions for fuel and energy-related activities were approximately 24.8 billion kg CO2e in 2018.
Thai Oil is committed to significant climate action. The company aims to reduce GHG emissions by 15% by 2035, using 2026 as the base year. This initiative is part of a broader strategy to achieve Carbon Neutrality by 2050 and Net Zero Greenhouse Gas Emissions by 2060.
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Thai Oil’s Climate Goals (2030 & 2050)
1 goal2060
15% reduction in all scopes
Net zero GHG reduction. Reduce greenhouse gas (GHG) emissions by 15% in 2035 from the base year of 2026 to achieve carbon neutrality in 2050…
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.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Thai Oil
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