PTT Exploration and Production Public Company Limited
PTT Exploration and Production Public Company Limited, commonly known as PTTEP, is a leading Thai oil and gas exploration and production company headquartered in Thailand. Established in 1985, PTTEP has grown to become a significant player in the energy sector, with operations spanning across Southeast Asia, the Middle East, and Africa. Specialising in the exploration and production of petroleum resources, PTTEP is committed to sustainable practices and innovative technologies. The company’s core services include oil and gas exploration, development, and production, with a focus on maximising resource recovery while minimising environmental impact. With a strong market position, PTTEP has achieved notable milestones, including successful offshore projects and strategic partnerships that enhance its operational capabilities. As a subsidiary of PTT Public Company Limited, PTTEP continues to contribute to Thailand's energy security and economic growth.
DitchCarbon Score
How does PTT Exploration and Production Public Company Limited'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 Crude Oil Extraction 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
PTT Exploration and Production Public Company Limited's score of 23 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PTT Exploration and Production Public Company Limited's reported carbon emissions
In 2016, PTT Exploration and Production Public Company Limited (PTTEP) reported total carbon emissions of approximately 4,885,952,000 kg CO2e. This figure includes Scope 1 emissions of about 4,459,039,000 kg CO2e, Scope 2 emissions of approximately 1,830,000 kg CO2e, and Scope 3 emissions of around 12,470,000 kg CO2e. PTTEP is committed to addressing climate change by supporting the United Nations Sustainable Development Goal 13: Climate Action. The company aims for carbon neutrality by 2050 and has set a target for achieving Net Zero GHG emissions by 2065, aligning with commitments made during the UN Climate Change Conference of the Parties (COP26). In the near term, PTTEP has established a goal to reduce greenhouse gas emissions intensity from its exploration and production activities by at least 25% by 2030, using 2012 as the base year. This target applies to both Scope 1 and Scope 2 emissions, demonstrating PTTEP's proactive approach to mitigating its environmental impact.
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| 2016 | |
|---|---|
| Scope 1 | 4,459,039,000 |
| Scope 2 | 1,830,000 |
| Scope 3 | 12,470,000 |
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.
PTT Exploration and Production Public Company Limited is participating in some 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.
