PTT is a publicly listed integrated oil and gas company headquartered in Thailand, with majority state ownership. In 2020, it had USD 54.01 billion in revenue and a reported 27,990 employees*. PTT’s total scope 1, 2 and 3 emissions in 2019 were equivalent to 54% of Thailand's total 2019 CO2 emissions. Further, it expects its scope 1 and 2 emissions to increase by 61% by 2030 compared to 2019.
- Ranking position
- #37 /100
- Total score
- 7.9 /100
- Performance score
- 3.3 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
PTT receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company’s locked-in scope 3 emissions from existing and approved oil and gas fields are projected to significantly exceed its 1.5°C carbon budget by 64% between 2019 and 2050. PTT’s main emissions target will see its overall scope 1 and 2 emissions rise by 61% by 2030. This means the company’s plan to develop renewables and other low-carbon business activities will have little impact on the overall climate impact of the company.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Bangkok, Thailand
- Group revenue
- THB 1.62 trillion (USD 54.01 billion)
- Ownership structure
- Publicly listed with 51.11% owned by government of Thailand
- Number of employees
- 27,990
- Scope of activity
- Integrated
- Website
- https://www.pttplc.com/en/About/About-Ptt/Background.aspx