Thai Vegetable Oil PCL

Common Name
Thai Vegetable Oil
Country
Thailand
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
N/A
Ticker
TVO
Exchange
STOCK EXCHANGE OF THAILAND
Description
Thai Vegetable Oil Public Company Limited is a distinguished player in the agro-industrial sector, focusing primarily on the production and distribution of soybean oil and related products. As a publi...

Thai Vegetable Oil's GHG Emissions Data Preview

In 2023, Thai Vegetable Oil 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, Thai Vegetable Oil 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
Unspecified Calculation Method
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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 Thai Vegetable Oil’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. Explore Thai Vegetable Oil’s data sources below and access millions more through our Disclosure Search.

a. Thai Vegetable Oil's Sustainability Report 2023
a. Thai Vegetable Oil's Sustainability Report 2023

Insights into Thai Vegetable Oil's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Thai Vegetable Oil amounted to 44,568 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 Thai Vegetable Oil decreased by 7.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Thai Vegetable Oil's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e-8%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Thai Vegetable Oil's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Thai Vegetable Oil were 9,080 metric tons of CO₂ equivalent (tCO₂e). a

Has Thai Vegetable Oil reduced its Scope 1 emissions over time?

Since 2021, Thai Vegetable Oil's Scope 1 emissions have decreased by 9.07%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Thai Vegetable Oil's Scope 1 emissions decreased by 1.18%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Thai Vegetable Oil's Scope 2 emissions?

In 2023, Thai Vegetable Oil reported Scope 2 greenhouse gas (GHG) emissions of 35,488 tCO₂e without specifying the calculation method. a

Has Thai Vegetable Oil reduced its Scope 2 emissions over time?

Since 2021, Thai Vegetable Oil's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 13.56%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Thai Vegetable Oil's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Thai Vegetable Oil 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Thai Vegetable Oil use for Scope 2 reporting?

In 2023, Thai Vegetable Oil reported its Scope 2 emissions using an unspecified methodology. a

Thai Vegetable Oil's Scope 2 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Thai Vegetable Oil's Value Chain Emissions

In 2023, Thai Vegetable Oil reported 694,933 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 Thai Vegetable Oil 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

Thai Vegetable Oil's Scope 3 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e+4%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Thai Vegetable Oil's Scope 3 emissions?

In 2023, Thai Vegetable Oil reported total Scope 3 emissions of 694,933 metric tons of CO₂ equivalent (tCO₂e). a

Has Thai Vegetable Oil reduced its Scope 3 emissions over time?

Since 2021, Thai Vegetable Oil's Scope 3 emissions have remained relatively stable, indicating that Thai Vegetable Oil 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2022), Thai Vegetable Oil's Scope 3 emissions remained relatively stable, indicating that Thai Vegetable Oil 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Thai Vegetable Oil’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Thai Vegetable Oil reported Scope 1 greenhouse gas (GHG) emissions of 9,080 tCO₂e and total revenues of USD 993 millions. This translates into an emissions intensity of 9.14 tCO₂e per millions USD. a

Thai Vegetable Oil's Scope 1 Emissions Intensity Compared to Peers

2005,00050,0001,000,00010,000,000Scope 1 Emissions (tCO2e)505005,00050,000500,000Revenues (Millions of USD)ZOYTByhealthYear: 2022Scope 1: 1,214 tCO2eRevenue: $M 1,129Scope 1 Intensity: 1.08 tCO2e/$MMidsonaYear: 2024Scope 1: 3,014 tCO2eRevenue: $M 338Scope 1 Intensity: 8.91 tCO2e/$MGFPTYear: 2023Scope 1: 17,898 tCO2eRevenue: $M 551Scope 1 Intensity: 32.50 tCO2e/$MR&B Food SupplyYear: 2022Scope 1: 2,373 tCO2eRevenue: $M 114Scope 1 Intensity: 20.75 tCO2e/$MFine FoodsYear: 2024Scope 1: 8,104 tCO2eRevenue: $M 254Scope 1 Intensity: 31.95 tCO2e/$MCisarua Mountain DairyYear: 2024Scope 1: 9,921 tCO2eRevenue: $M 561Scope 1 Intensity: 17.68 tCO2e/$MZZZhou Hei YaYear: 2023Scope 1: 5,194 tCO2eRevenue: $M 421Scope 1 Intensity: 12.33 tCO2e/$MWei Chuan FoodsYear: 2024Scope 1: 14,528 tCO2eRevenue: $M 717Scope 1 Intensity: 20.27 tCO2e/$MCamil AlimentosYear: 2023Scope 1: 35,334 tCO2eRevenue: $M 1,963Scope 1 Intensity: 18.00 tCO2e/$MGrupo HerdezYear: 2023Scope 1: 43,897 tCO2eRevenue: $M 2,135Scope 1 Intensity: 20.56 tCO2e/$MLotus BakeriesYear: 2024Scope 1: 26,033 tCO2eRevenue: $M 1,282Scope 1 Intensity: 20.31 tCO2e/$MThai Union GroupYear: 2024Scope 1: 227,901 tCO2eRevenue: $M 4,032Scope 1 Intensity: 56.53 tCO2e/$MAryztaYear: 2024Scope 1: 91,090 tCO2eRevenue: $M 2,133Scope 1 Intensity: 42.70 tCO2e/$MOOOtokiYear: 2023Scope 1: 78,301 tCO2eRevenue: $M 2,703Scope 1 Intensity: 28.96 tCO2e/$MKagomeYear: 2023Scope 1: 90,642 tCO2eRevenue: $M 1,589Scope 1 Intensity: 57.04 tCO2e/$MYYYihai International HoldingYear: 2024Scope 1: 15,290 tCO2eRevenue: $M 980Scope 1 Intensity: 15.60 tCO2e/$MMeiji HoldingsYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 7,300Scope 1 Intensity: 28.63 tCO2e/$MNissuiYear: 2024Scope 1: 213,648 tCO2eRevenue: $M 5,490Scope 1 Intensity: 38.92 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MGodrej AgrovetYear: 2024Scope 1: 1,449 tCO2eRevenue: $M 1,136Scope 1 Intensity: 1.28 tCO2e/$MHilton Food GroupYear: 2024Scope 1: 13,495 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2.70 tCO2e/$MM. Dias BrancoYear: 2024Scope 1: 146,654 tCO2eRevenue: $M 1,564Scope 1 Intensity: 93.76 tCO2e/$MWH GroupYear: 2024Scope 1: 3,167,092 tCO2eRevenue: $M 202,795Scope 1 Intensity: 15.62 tCO2e/$MGlanbiaYear: 2024Scope 1: 141,880 tCO2eRevenue: $M 3,321Scope 1 Intensity: 42.72 tCO2e/$MTTTaokaenoi Food & MarketingYear: 2023Scope 1: 2,111 tCO2eRevenue: $M 155Scope 1 Intensity: 13.65 tCO2e/$MThai Vegetable OilYear: 2023Scope 1: 9,080 tCO2eRevenue: $M 993Scope 1 Intensity: 9.14 tCO2e/$M

How does Thai Vegetable Oil's GHG emissions intensity compare to its peers?

In 2023, Thai Vegetable Oil reported a Scope 1 emissions intensity of 9.14 tCO₂e per millions USD. Compared to the peer group median of 20.56 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Thai Vegetable Oil rank on GHG emissions intensity within its industry?

In 2023, Thai Vegetable Oil ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Thai Vegetable Oil among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Thai Vegetable Oil's Total Carbon Footprint

In 2023, Thai Vegetable Oil reported a total carbon footprint of 739,501 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.31% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Thai Vegetable Oil's total carbon footprint was Scope 3 emissions, accounting for 93.97% of the company's total carbon footprint, followed by Scope 2 emissions at 4.8%. a

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