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PTT

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
Performance module name Performance module score Rank (0-100)

Targets

7.4 /100 #29

Material Investment

0.0 /100 #84

Intangible Investment

31.9 /100 #3

Sold products

7.3 /100 #20

Management

48.1 /100 #22

Supplier Engagement

53.8 /100 #6

Client Engagement

12.5 /100 #24

Policy Engagement

30.0 /100 #27

Business Model

15.0 /100 #15

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

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