PTG Energy Public Company Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, PTG Energy Public Company Limited disclosed greenhouse gas emissions of 15.4K thousand tons of CO2e. By scope: Scope 1: 50.718 thousand tons of CO2e; Scope 2: 38.307 thousand tons of CO2e; Scope 3: 15.3K thousand tons of CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
15.4K thousand tons of CO2e
2023
💧
Water Usage
2.2K megaliters
2023
♻️
Waste
282.48 tons
2023
⚙️
Energy Use
75.2K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).50.718 thousand tons of CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.38.307 thousand tons of CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).15.3K thousand tons of CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202315.4K thousand tons of CO2e
202220.4K thousand metric tons of carbon dioxide equivalent
20219.9K thousand metric tons of carbon dioxide equivalent

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Reduce water consumption per unit of oil sales by 2% at oil depots and service stations.
  • Reduce electricity consumption per unit of oil sales by 3% at oil depots and COCO service stations.
  • Reduce electricity consumption per person at the head office by 3%.
  • Achieve a 3% reduction in average fuel consumption of vehicles.
  • 100% of Tier 1 high-risk suppliers to undergo ESG assessments and be briefed on the Supplier Code of Conduct.

🔭 Long-term

  • Carbon neutrality
  • Expand solar energy utilization to 30 million kilowatt-hours.
  • Reduce greenhouse gas emissions by 26,000 tons of CO2 equivalent.
  • Expand EV charging stations to 180 locations.
  • Achieve employee engagement score of 70-75%.

🌱 ESG Focus Areas

Good Corporate GovernanceRisk Management and CrisesDigital Transformation and CybersecurityBusiness and Social InnovationCustomer Relationship ManagementSupply Chain ManagementHuman Resources ManagementOccupational Safety and Work EnvironmentHuman RightsSocial and Community ResponsibilityClimate Change ManagementEnvironmental Management

⚠️ Challenges & Risks +

  • Volatility of oil prices due to geopolitical tensions and economic downturns.
  • Growing consumer interest in environmental concerns and the transition to a low-carbon economy.
  • Intense competition in non-oil business segments.
  • Integrating sustainability into corporate governance.
  • Managing risks associated with climate change (physical risks, policy changes, carbon tax).
  • Digital disruption and cybersecurity threats.
  • Economic challenges impacting social responsibility initiatives.
  • Ensuring equal access to products and services for all demographics.
  • Managing supply chain disruptions.
  • Addressing human rights issues across the value chain.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (GRI Standard 2021) Core Option, GRI 11: Oil and Gas Sector 2021