Tipco Asphalt Pcl Sustainability Profile
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 29 is higher than 56% 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 carbon emissions of approximately 11,412,000 kg CO2e, comprising about 9,764,000 kg CO2e from Scope 1 and about 1,648,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2023, when total emissions were about 11,856,000 kg CO2e, with Scope 1 emissions at approximately 10,255,000 kg CO2e and Scope 2 emissions at about 1,602,000 kg CO2e. Tipco Asphalt has set an ambitious target to reduce its greenhouse gas 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) under the Paris Agreement, demonstrating the company's dedication to climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Tipco Asphalt's climate commitments reflect a proactive approach to reducing its carbon footprint in the asphalt industry, particularly within Thailand.
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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 | - | - | - | - | - |
How Carbon Intensive is Tipco Asphalt Pcl's Industry?
How Carbon Intensive is Tipco Asphalt Pcl's Location?
Tipco Asphalt Pcl's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tipco Asphalt Pcl has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
