Bangchak Corporation PCL
Bangchak's GHG Emissions Data Preview
In 2023, Bangchak completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Bangchak has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Bangchak’s Greenhouse Gas (GHG) Emissions Data
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Insights into Bangchak's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Bangchak amounted to 952,726.07 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Bangchak increased by 1.07%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Bangchak's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bangchak's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Bangchak were 941,578.32 metric tons of CO₂ equivalent (tCO₂e). a
Has Bangchak reduced its Scope 1 emissions over time?
Since 2018, Bangchak's Scope 1 emissions have increased by 4.54%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Bangchak's Scope 1 emissions increased by 1.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Bangchak's Scope 2 emissions?
In 2023, Bangchak reported Scope 2 greenhouse gas (GHG) emissions of 11,147.75 tCO₂e using the market-based method and 11,147.75 tCO₂e using the location-based method. a
Has Bangchak reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Bangchak's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bangchak 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Bangchak use for Scope 2 reporting?
In 2023, Bangchak reported its Scope 2 emissions using the market-based method and using the location-based method. a
Bangchak's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Bangchak's Value Chain Emissions
In 2023, Bangchak reported 4,845,833.46 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Bangchak includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Bangchak's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bangchak's Scope 3 emissions?
In 2023, Bangchak reported total Scope 3 emissions of 4,845,833.46 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 48.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.83% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Bangchak's Scope 3 emissions increased by 38.48%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Bangchak disclose?
In 2023, Bangchak reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Bangchak's Scope 3 emissions?
In 2023, the largest contributors to Bangchak's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 2,511,833.36 tCO₂e (51.83%)
- Purchased Goods and Services (Cat. 1): 1,786,610.16 tCO₂e (36.87%)
- Upstream Transportation and Distribution (Cat. 4): 440,556.86 tCO₂e (9.09%)
Bangchak's Scope 3 Emissions by Categories
Insights into Bangchak’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Bangchak reported Scope 1 greenhouse gas (GHG) emissions of 941,578.32 tCO₂e and total revenues of USD 10,878 millions. This translates into an emissions intensity of 86.56 tCO₂e per millions USD. a
Bangchak's Scope 1 Emissions Intensity Compared to Peers
How does Bangchak's GHG emissions intensity compare to its peers?
In 2023, Bangchak reported a Scope 1 emissions intensity of 86.56 tCO₂e per millions USD. Compared to the peer group median of 189.98, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Bangchak rank on GHG emissions intensity within its industry?
In 2023, Bangchak ranked 6 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Bangchak is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Bangchak's Total Carbon Footprint
In 2023, Bangchak reported a total carbon footprint of 5,798,559.53 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.55% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Bangchak's total carbon footprint was Scope 3 emissions, accounting for 83.57% of the company's total carbon footprint, followed by Scope 1 emissions at 16.24%. a