PTT Exploration and Production PCL

Common Name
PTTEP
Country
Thailand
Sector
Energy
Industry
Oil & Gas E&P
Employees
N/A
Ticker
PTTEP
Exchange
STOCK EXCHANGE OF THAILAND
Description
PTT Exploration and Production Public Company Limited is an integrated energy company headquartered in Bangkok, Thailand, primarily engaged in the exploration, development, and production of petroleum...

PTTEP's GHG Emissions Data Preview

In 2023, PTTEP 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).

However, PTTEP has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind PTTEP’s Greenhouse Gas (GHG) Emissions Data

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a. PTTEP's Sustainability Data Spreadsheet 2023
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Insights into PTTEP's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of PTTEP amounted to 6,761,550 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 PTTEP increased by 18.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

PTTEP's Scope 1 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e-4%+11%+18%
  • Total Scope 1
  • Year-over-Year Change

What are PTTEP's Scope 1 emissions?

In 2023, the total Scope 1 emissions of PTTEP were 6,744,227 metric tons of CO₂ equivalent (tCO₂e). a

Has PTTEP reduced its Scope 1 emissions over time?

Since 2020, PTTEP's Scope 1 emissions have increased by 25.18%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), PTTEP's Scope 1 emissions increased by 18.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are PTTEP's Scope 2 emissions?

In 2023, PTTEP reported Scope 2 greenhouse gas (GHG) emissions of 17,323 tCO₂e using the location-based method. a

Has PTTEP reduced its Scope 2 emissions over time?

Since 2020, PTTEP's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 20.53%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), PTTEP's Scope 2 emissions (Location-Based) rose by 16.12% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does PTTEP use for Scope 2 reporting?

In 2023, PTTEP reported its Scope 2 emissions using the location-based method. a

PTTEP's Scope 2 Emissions Over Time

202020212022202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based

Insights into PTTEP's Value Chain Emissions

In 2023, PTTEP reported 26,451 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 PTTEP includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

PTTEP's Scope 3 Emissions Over Time

202020212022202307 k14 k21 k28 ktCO2e-23%+88%+48%
  • Total Scope 3
  • Year-over-Year Change

What are PTTEP's Scope 3 emissions?

In 2023, PTTEP reported total Scope 3 emissions of 26,451 metric tons of CO₂ equivalent (tCO₂e). a

Has PTTEP reduced its Scope 3 emissions over time?

Since 2020, PTTEP's Scope 3 emissions have increased by 115.01%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), PTTEP's Scope 3 emissions increased by 48.37%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into PTTEP’s GHG Emissions Intensity Compared to Industry Peers

In 2023, PTTEP reported Scope 1 greenhouse gas (GHG) emissions of 6,744,227 tCO₂e and total revenues of USD 8,733 millions. This translates into an emissions intensity of 772.23 tCO₂e per millions USD. a

PTTEP's Scope 1 Emissions Intensity Compared to Peers

20,000100,0001,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)OOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MChord EnergyYear: 2023Scope 1: 1,500,209 tCO2eRevenue: $M 3,897Scope 1 Intensity: 385.00 tCO2e/$MMEG EnergyYear: 2022Scope 1: 2,368,081 tCO2eRevenue: $M 4,687Scope 1 Intensity: 505.30 tCO2e/$MAntero ResourcesYear: 2023Scope 1: 221,063 tCO2eRevenue: $M 4,279Scope 1 Intensity: 51.66 tCO2e/$MVar EnergiYear: 2023Scope 1: 195,706 tCO2eRevenue: $M 6,816Scope 1 Intensity: 28.71 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMedco Energi InternasionalYear: 2022Scope 1: 5,710,288 tCO2eRevenue: $M 2,312Scope 1 Intensity: 2,469.60 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2023Scope 1: 1,358,410 tCO2eRevenue: $M 5,914Scope 1 Intensity: 229.69 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MRange ResourcesYear: 2023Scope 1: 202,525 tCO2eRevenue: $M 2,553Scope 1 Intensity: 79.32 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MWoodside Energy GroupYear: 2023Scope 1: 6,172,000 tCO2eRevenue: $M 21,579Scope 1 Intensity: 286.02 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MPTTEPYear: 2023Scope 1: 6,744,227 tCO2eRevenue: $M 8,733Scope 1 Intensity: 772.23 tCO2e/$M

How does PTTEP's GHG emissions intensity compare to its peers?

In 2023, PTTEP reported a Scope 1 emissions intensity of 772.23 tCO₂e per millions USD. Compared to the peer group median of 286.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does PTTEP rank on GHG emissions intensity within its industry?

In 2023, PTTEP ranked 18 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places PTTEP among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into PTTEP's Total Carbon Footprint

In 2023, PTTEP reported a total carbon footprint of 6,788,001 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to PTTEP's total carbon footprint was Scope 1 emissions, accounting for 99.36% of the company's total carbon footprint, followed by Scope 3 emissions at 0.39%. a

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