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 Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
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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.
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.
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.
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.
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.
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.
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.