PETRONAS Chemicals Group Bhd
PETRONAS Chemicals Group's GHG Emissions Data Preview
In 2024, PETRONAS Chemicals Group 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).
PETRONAS Chemicals Group has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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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aVerified Sources Behind PETRONAS Chemicals Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into PETRONAS Chemicals Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of PETRONAS Chemicals Group amounted to 14,807,772 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 PETRONAS Chemicals Group increased by 3.79%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
PETRONAS Chemicals Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are PETRONAS Chemicals Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of PETRONAS Chemicals Group were 13,377,772 metric tons of CO₂ equivalent (tCO₂e). a
Has PETRONAS Chemicals Group reduced its Scope 1 emissions over time?
Since 2020, PETRONAS Chemicals Group's Scope 1 emissions have increased by 131.85%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), PETRONAS Chemicals Group's Scope 1 emissions increased by 4.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are PETRONAS Chemicals Group's Scope 2 emissions?
In 2024, PETRONAS Chemicals Group reported Scope 2 greenhouse gas (GHG) emissions of 2,496,299 tCO₂e using the market-based method and 1,430,000 tCO₂e using the location-based method. a
Has PETRONAS Chemicals Group reduced its Scope 2 emissions over time?
Compared to the previous year (2023), PETRONAS Chemicals Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that PETRONAS Chemicals Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does PETRONAS Chemicals Group use for Scope 2 reporting?
In 2024, PETRONAS Chemicals Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
PETRONAS Chemicals Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into PETRONAS Chemicals Group's Value Chain Emissions
In 2024, PETRONAS Chemicals Group reported 35,258,823 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 PETRONAS Chemicals Group includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
PETRONAS Chemicals Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are PETRONAS Chemicals Group's Scope 3 emissions?
In 2024, PETRONAS Chemicals Group reported total Scope 3 emissions of 35,258,823 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 32.67% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.33% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), PETRONAS Chemicals Group's Scope 3 emissions increased by 125.15%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does PETRONAS Chemicals Group disclose?
In 2024, PETRONAS Chemicals Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of PETRONAS Chemicals Group's Scope 3 emissions?
In 2024, the largest contributors to PETRONAS Chemicals Group's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 11,870,000 tCO₂e (67.33%)
- Purchased Goods and Services (Cat. 1): 5,750,000 tCO₂e (32.61%)
- Employee Commuting (Cat. 7): 10,000 tCO₂e (0.06%)
PETRONAS Chemicals Group's Scope 3 Emissions by Categories
Insights into PETRONAS Chemicals Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, PETRONAS Chemicals Group reported Scope 1 greenhouse gas (GHG) emissions of 13,377,772 tCO₂e and total revenues of USD 6,859 millions. This translates into an emissions intensity of 1,950.33 tCO₂e per millions USD. a
PETRONAS Chemicals Group's Scope 1 Emissions Intensity Compared to Peers
How does PETRONAS Chemicals Group's GHG emissions intensity compare to its peers?
In 2024, PETRONAS Chemicals Group reported a Scope 1 emissions intensity of 1,950.33 tCO₂e per millions USD. Compared to the peer group median of 307.94 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does PETRONAS Chemicals Group rank on GHG emissions intensity within its industry?
In 2024, PETRONAS Chemicals Group ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places PETRONAS Chemicals Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into PETRONAS Chemicals Group's Total Carbon Footprint
In 2024, PETRONAS Chemicals Group reported a total carbon footprint of 50,066,595 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 67.3% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to PETRONAS Chemicals Group's total carbon footprint was Scope 3 emissions, accounting for 70.42% of the company's total carbon footprint, followed by Scope 1 emissions at 26.72%. a