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PTT

PTT is a majority state-owned company headquartered in Thailand. PTT is a publicly listed integrated oil and gas company engaged in petroleum exploration and production, refining, and petrochemicals as well as hydrogen production. In 2022, its revenue was USD 96.4 billion and employed 30,000 people.

Summary

PTT ranks 33rd overall and 20th in the Extractives sector. It performs best on remedies and grievance mechanisms, and has an opportunity to improve its disclosure on human rights practices.

PTT has established board and senior level accountability for human rights and discloses the first steps of its due diligence process to identify and mitigate salient human rights risks. The company also discloses information about the process and outcomes of its grievance mechanism and information on how it engages with rightsholders on human rights issues.

The company has an opportunity to disclose how it evaluates the effectiveness of its actions to mitigate human rights risks as well as the effectiveness of its grievance mechanism. It could also disclose how it monitors the implementation of its human rights policies across its operations.

Ranking position: #33 /110
Total score: 30.8 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 3.1 /10	#34
Embedding respect and human rights due diligence	#1 9.1 /25	#27
Remedies and grievance mechanisms	#1 7.5 /20	#15
Performance: Practices	#1 4.9 /25	#48
Performance: Responses	#1 6.2 /20	#15

Sector
Extractives	#20

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2020

This company is part of the SDG2000, the 2,000 most influential companies

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