Siamgas and Petrochemicals PCL

Common Name
Siamgas and Petrochemicals
Country
Thailand
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
N/A
Ticker
SGP
Exchange
STOCK EXCHANGE OF THAILAND
Description
Siamgas & Petrochemicals Public Company Limited is a major player in the energy sector, primarily focused on the import, storage, and distribution of liquefied petroleum gas (LPG) across Asia. The com...

Siamgas and Petrochemicals's Climate Target Data Preview

As of 2023, Siamgas and Petrochemicals has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Siamgas and Petrochemicals ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
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Verified Sources Behind Siamgas and Petrochemicals’s Climate Targets Data

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a. Siamgas and Petrochemicals's Sustainability Report 2023
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Insights into Siamgas and Petrochemicals's Greenhouse Gas Emissions Pathways

As of 2023, Siamgas and Petrochemicals has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Siamgas and Petrochemicals have a target to reduce the emissions from its operations?

As of 2023, Siamgas and Petrochemicals has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Siamgas and Petrochemicals's most ambitious operational target is to reduce these emissions by 10% by 2025, compared to a baseline of 29,150 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

Siamgas and Petrochemicals has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

Siamgas and Petrochemicals's Operational (Scope 1+2) Emissions Pathway

20212023202507.5 k15 k22.5 k30 kCurrent (-13%)

Does Siamgas and Petrochemicals have a target to reduce the emissions from its value chain?

As of 2023, Siamgas and Petrochemicals has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Siamgas and Petrochemicals's most ambitious value chain target is to reduce these emissions by 5% by 2025, compared to a baseline of 270 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

Instead of reducing value chain emissions, Siamgas and Petrochemicals has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a

Siamgas and Petrochemicals's Value Chain (Scope 3) Emissions Pathway

202120232025075150225300Current (+7%)Target 2025 (-5%)
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