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Petroliam Nasional Bhd (PETRONAS)

Petroliam Nasional Bhd (PETRONAS) is a state-owned integrated oil and gas company headquartered in Malaysia. In 2020, it had USD 44.13 billion in revenue and a reported 47,669 employees*. Petronas is promoting natural gas as a low-carbon fuel and lacks short-term emissions reduction targets and a concrete transition plan. Its total scope 1, 2 and 3 emissions in 2019 were estimated to be the equivalent of 88% of Malaysia’s 2019 CO2 emissions.

Ranking position
#56 /100
Total score
4.5 /100
Performance score
1.9 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)


0.0 /100 #38

Material Investment

7.3 /100 #47

Intangible Investment

0.0 /100 #20

Sold products

10.0 /100 #14


23.4 /100 #70

Supplier Engagement

2.5 /100 #49

Client Engagement

10.0 /100 #27

Policy Engagement

20.0 /100 #47

Business Model

15.0 /100 #15

Leading practices

No leading practices were identified for this company.

Risks and opportunities


Petronas receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Petronas’ only near-term targets are to peak scope 1 and 2 emissions at a level which is 3% higher than its current levels and develop 3 GW of renewables by 2024. The company reports no detail around its long-term net-zero target and there is little evidence that it will succeed in decreasing its emissions in the near future.

Petronas does not have a detailed transition plan, emissions reduction targets or commitments to dedicate significant CapEx to low-carbon and mitigation technologies. Given this, it is unlikely that it will achieve a low-carbon transition aligned with its 1.5°C pathway.

Progress towards the Paris Agreement

More about the company

Kuala Lumpur, Malaysia
Group revenue
MYR 178,741,000,000 (USD 44.13 billion)
Ownership structure
State owned
Number of employees
Scope of activity