- Physical risks: Increased rainfall (floods), rising sea levels, extreme heat, water scarcity (droughts).
- Transition risks: Carbon pricing, changes in crude oil prices, decreasing fuel demand, evolving investor expectations.
Bangchak Corporation Public Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Bangchak Corporation Public Company Limited disclosed greenhouse gas emissions of 4.43 million tCO2e (Scope 3) + 0.946 million tCO2e (Scope 1) + 0.006 million tCO2e (Scope 2). By scope: Scope 1: 0.94 million tCO2e; Scope 2: 0.006 million tCO2e; Scope 3: 4.43 million tCO2e. 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
4.43 million tCO2e (Scope 3) + 0.946 million tCO2e (Scope 1) + 0.006 million tCO2e (Scope 2)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 0.94 million tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.006 million tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.43 million tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a Gold-level assessment in criteria of measure and reduce GHG emission by Thailand Carbon Neutral Network (TCNN)
- Reduced GHG emission intensity by 2% despite a 4% increase in GHG emissions (Scope 1 and 2) due to increased refinery capacity.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions by 30% by 2030 (compared to 2019 baseline)
📅 Medium-term
- Achieve Carbon Neutrality by 2030
🔭 Long-term
- Achieve Net Zero GHG emissions by 2050
🌱 ESG Focus Areas
Climate Change