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.
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.
Mean score of companies in the 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.
Thai Oil's score of 13 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. In 2022, their Scope 1 emissions were about 3,260,000,000 kg CO2e, while in 2021, they were approximately 3,150,000,000 kg CO2e. The company has also reported significant Scope 3 emissions, particularly from fuel and energy-related activities, which reached about 26,800,000,000 kg CO2e in 2021. Despite these figures, Thai Oil has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of the oil and gas industry, which faces increasing scrutiny regarding carbon emissions and climate commitments. Overall, while Thai Oil has made strides in tracking and reporting its emissions, the lack of defined reduction targets highlights an area for potential improvement in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 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 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - |
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.