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Bts Group Holdings PCL

Common Name
Bts Group Holdings
Country
Thailand
Sector
Industrials
Industry
Railroads
Employees
N/A
Ticker
BTS
Exchange
Stock Exchange of Thailand
Description
BTS Group Holdings Public Company Limited is a prominent infrastructure and transportation company based in Thailand. Its core purpose is to develop and manage mass transit systems, primarily focusing...

Bts Group Holdings's GHG Emissions Data Preview

In 2024, Bts Group Holdings 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).

Bts Group Holdings has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
4,585a
5,681a
3,487b
Total Scope 2
Market-Based
73,531a
71,876a
68,139a
Location-Based
86,303a
82,174a
75,481a
Total Scope 3
32,990.61a
75,692a
68,325a
Total Scope 1 Revenue Intensity (tCO2e/$M)
9.3343a
10.6091a
4.4564b
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Verified Sources Behind Bts Group Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Bts Group Holdings's ESG Data Spreadsheet 2024
b. Bts Group Holdings's Sustainability Report 2022

Insights into Bts Group Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Bts Group Holdings amounted to 90,888 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 2023, the total operational greenhouse gas (GHG) emissions of Bts Group Holdings increased by 3.45%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Bts Group Holdings's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-41%+392%-3%+63%-19%
  • Total Scope 1
  • Year-over-Year Change

What are Bts Group Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bts Group Holdings were 4,585 metric tons of CO₂ equivalent (tCO₂e).a

Has Bts Group Holdings reduced its Scope 1 emissions over time?

Since 2019, Bts Group Holdings's Scope 1 emissions have increased by 273.68%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Bts Group Holdings's Scope 1 emissions decreased by 19.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Bts Group Holdings's Scope 2 emissions?

In 2024, Bts Group Holdings reported Scope 2 greenhouse gas (GHG) emissions of 73,531 tCO₂e using the market-based method and 86,303 tCO₂e using the location-based method.a

Has Bts Group Holdings reduced its Scope 2 emissions over time?

Since 2019, Bts Group Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 37.53%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Bts Group Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bts Group Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Bts Group Holdings use for Scope 2 reporting?

In 2024, Bts Group Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a

Bts Group Holdings's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Bts Group Holdings's Value Chain Emissions

In 2024, Bts Group Holdings reported 32,990.61 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 2024 disclosure of Bts Group Holdings includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Bts Group Holdings's Scope 3 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e+912%+11%-56%
  • Total Scope 3
  • Year-over-Year Change

What are Bts Group Holdings's Scope 3 emissions?

In 2024, Bts Group Holdings reported total Scope 3 emissions of 32,990.61 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 68.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 31.38% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Bts Group Holdings's Scope 3 emissions decreased by 56.41%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Bts Group Holdings disclose?

In 2024, Bts Group Holdings reported emissions for 7 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 Bts Group Holdings's Scope 3 emissions?

In 2024, the largest contributors to Bts Group Holdings's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 17,930.73 tCO₂e (54.35%)
  • Investments (Cat. 15): 6,506.83 tCO₂e (19.72%)
  • Downstream Leased Assets (Cat. 13): 3,846.88 tCO₂e (11.66%)

Bts Group Holdings's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(54.4%)Investments(Cat. 15)(19.7%)Downstream LeasedAssets (Cat. 13)(11.7%)

Insights into Bts Group Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Bts Group Holdings reported Scope 1 greenhouse gas (GHG) emissions of 4,585 tCO₂e and total revenues of USD 491 millions. This translates into an emissions intensity of 9.33 tCO₂e per millions USD.a

Bts Group Holdings's Scope 1 Emissions Intensity Compared to Peers

50010,000100,0002,000,00050,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)CRSCYear: 2024Scope 1: 16,212 tCO2eRevenue: $M 4,450Scope 1 Intensity: 3.64 tCO2e/$MAlstomYear: 2025Scope 1: 87,038 tCO2eRevenue: $M 20,012Scope 1 Intensity: 4.35 tCO2e/$MWest Japan RailwayYear: 2024Scope 1: 140,805 tCO2eRevenue: $M 10,797Scope 1 Intensity: 13.04 tCO2e/$MZhuzhou CRRC Times ElectricYear: 2024Scope 1: 22,839 tCO2eRevenue: $M 3,391Scope 1 Intensity: 6.73 tCO2e/$MGetlinkYear: 2025Scope 1: 33,101 tCO2eRevenue: $M 1,875Scope 1 Intensity: 17.65 tCO2e/$MHyundai RotemYear: 2024Scope 1: 7,632 tCO2eRevenue: $M 2,983Scope 1 Intensity: 2.56 tCO2e/$MCrrcYear: 2024Scope 1: 317,759 tCO2eRevenue: $M 33,770Scope 1 Intensity: 9.41 tCO2e/$MMTRYear: 2024Scope 1: 44,590 tCO2eRevenue: $M 7,727Scope 1 Intensity: 5.77 tCO2e/$MCentral Japan RailwayYear: 2024Scope 1: 93,000 tCO2eRevenue: $M 11,294Scope 1 Intensity: 8.23 tCO2e/$MEast Japan RailwayYear: 2025Scope 1: 1,610,000 tCO2eRevenue: $M 19,255Scope 1 Intensity: 83.61 tCO2e/$MWabtecYear: 2023Scope 1: 131,344 tCO2eRevenue: $M 9,677Scope 1 Intensity: 13.57 tCO2e/$MNorfolk SouthernYear: 2024Scope 1: 4,054,131 tCO2eRevenue: $M 12,123Scope 1 Intensity: 334.42 tCO2e/$MCanadian National RailwayYear: 2024Scope 1: 4,838,442 tCO2eRevenue: $M 11,850Scope 1 Intensity: 408.31 tCO2e/$MCanadian Pacific Kansas CityYear: 2024Scope 1: 4,645,300 tCO2eRevenue: $M 10,112Scope 1 Intensity: 459.39 tCO2e/$MCSXYear: 2023Scope 1: 4,239,321 tCO2eRevenue: $M 14,657Scope 1 Intensity: 289.24 tCO2e/$MUnion PacificYear: 2024Scope 1: 9,286,290 tCO2eRevenue: $M 24,250Scope 1 Intensity: 382.94 tCO2e/$MNobinaYear: 2022Scope 1: 61,165 tCO2eRevenue: $M 1,383Scope 1 Intensity: 44.21 tCO2e/$MFirstGroupYear: 2025Scope 1: 466,147 tCO2eRevenue: $M 6,021Scope 1 Intensity: 77.42 tCO2e/$MVosslohYear: 2025Scope 1: 25,053 tCO2eRevenue: $M 1,579Scope 1 Intensity: 15.87 tCO2e/$MGreenbrier CompaniesYear: 2025Scope 1: 54,648 tCO2eRevenue: $M 3,240Scope 1 Intensity: 16.87 tCO2e/$MNRC GroupYear: 2025Scope 1: 7,182 tCO2eRevenue: $M 651Scope 1 Intensity: 11.04 tCO2e/$MCONCORYear: 2025Scope 1: 28,951 tCO2eRevenue: $M 961Scope 1 Intensity: 30.12 tCO2e/$MJungfraubahn HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 324Scope 1 Intensity: 5.96 tCO2e/$MBangkok Expressway and MetroYear: 2023Scope 1: 8,059 tCO2eRevenue: $M 476Scope 1 Intensity: 16.95 tCO2e/$MBts Group HoldingsYear: 2024Scope 1: 4,585 tCO2eRevenue: $M 491Scope 1 Intensity: 9.33 tCO2e/$M

How does Bts Group Holdings's GHG emissions intensity compare to its peers?

In 2024, Bts Group Holdings reported a Scope 1 emissions intensity of 9.33 tCO₂e per millions USD. Compared to the peer group median of 16.37, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Bts Group Holdings rank on GHG emissions intensity within its industry?

In 2024, Bts Group Holdings ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Bts Group Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Bts Group Holdings's Total Carbon Footprint

In 2024, Bts Group Holdings reported a total carbon footprint of 123,878.61 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Bts Group Holdings's total carbon footprint was Scope 2 emissions, accounting for 69.67% of the company's total carbon footprint, followed by Scope 3 emissions at 26.63%.a

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