Tipco Asphalt Pcl
Tipco Asphalt Pcl, a leading player in the asphalt and bitumen industry, is headquartered in Thailand. Established in 1980, the company has grown to become a significant force in Southeast Asia, with operations extending across various regions, including Thailand, Malaysia, and Vietnam. Specialising in the production and distribution of high-quality asphalt products, Tipco Asphalt is renowned for its innovative solutions in road construction and maintenance. Their core offerings include asphalt emulsions, modified bitumen, and other related products, distinguished by their commitment to sustainability and performance. With a strong market position, Tipco Asphalt Pcl has achieved notable milestones, including certifications for quality and environmental management, solidifying its reputation as a trusted partner in the construction industry.
DitchCarbon Score
How does Tipco Asphalt Pcl'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.
Industry Average
Mean score of companies in the Machinery and Equipment 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.
Industry Benchmark
Tipco Asphalt Pcl's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tipco Asphalt Pcl's reported carbon emissions
In 2024, Tipco Asphalt Pcl reported total greenhouse gas emissions of approximately 11,411,770 kg CO2e, comprising about 9,763,510 kg CO2e from Scope 1 and about 1,648,260 kg CO2e from Scope 2. This marks a reduction from 2023, where emissions were approximately 11,856,310 kg CO2e, with Scope 1 emissions at about 10,254,750 kg CO2e and Scope 2 at about 1,601,560 kg CO2e. Tipco Asphalt has set an ambitious target to reduce its GHG emissions by 36% for both Scope 1 and Scope 2 by 2030, using 2020 as the baseline year. This commitment aligns with Thailand's Nationally Determined Contribution (NDC) to the Paris Agreement, reflecting the company's dedication to climate action and sustainability within the asphalt industry. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Overall, Tipco Asphalt's climate commitments and reduction targets demonstrate a proactive approach to mitigating its environmental impact while contributing to national climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 15,159,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 2,115,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Tipco Asphalt Pcl is not participating in any of the initiatives that 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.
