Climate Change Strategy
Climate change is a highly prioritized issue at PTT. The awareness is reflected through management in accordance with PTT Group Sustainability Management Framework. The components and preferred approach with regards to climate change are as follows: setting emission target in alignment with PTT Group’s target, conduct sensitivity analysis in monetary impacts, and giving considerations on large scale project investment, either new project, expansion or significant changes to fundamental utility infrastructure, climate change adaptation, and implementation according to climate change work plan.
|Report GHG data and performance through participation in the CDP program annually.
||PTT’s 2017 score: B|
|To control GHG emissions intensity within the limit of 88.9 To control GHG emissions intensity within the limit of 88.9 kg CO2/boe
||77 kg CO2/boe
88.4 kg CO2/boe
|Long-term target: Reduce GHG intensity by 5% by 2020, compared to 2012 baseline.
Note: Progress and targets demonstrated are under reviewed and may be subjected to future changes, due to the scope changes in operational control, resulted from the Group’s shareholding structural changes – impacting operational control scope.
Methane emissions (leakage, venting, and flaring)
PTT Group's direct and indirect GHG emission
(Tonne of CO2 equivalents)
(Kilogram CO2 per barrel of oil equivalents)
Fuel Saving Program
PTT Public Company Limited has granted the Eco-Driving Award to 13 land freight carriers who recorded a reduction of greenhouse gas emissions at 3,100 tonnes per year.
The Chief Operating Officer, Downstream Petroleum Business Group of the PTT Public Company Limited Sarun Rungkasiri has presided over the Eco-Driving Award granting ceremony, under the fuel consumption reduction project in land fuel transport carriers.
The project aims to reduce fossil fuel consumption in land transport operations for the PTT group by 15%. The project aims to reduce fossil fuel consumption in land transport operations for the PTT group by 15 with 1,300 participating vehicles. It is expected that the project will help reduce the greenhouse gas emission to the environment by 3,100 tonnes each year. This figure is comparable to planting of 1.86 million trees each year, and is calculated to reduce fuel consumption by 1.15 million litres per year.
The project begun in 2013 with initial goals to provide safe and fuel efficient driving skills to participating drivers of 13 transport companies, prior to receiving the driving quality and energy consumption evaluation in 2014, categorized by types of freight, topography, and the types of vehicle.
The PTT group believes that this project will be a big step in taking care of the environment ranging from reformation in transportation to the delivery of goods with an emphasis on the reduction of carbon emissions caused by the burning of various types of fuel. Greenhouse gas emissions affects global climate change and could be the cause unforeseen environmental effects.
The PTT group's Chief Operating Officer said that PTT has established a continuous plan to reduce the consumption of fuel and to contribute to the good environment and good society for Thai people - See more : Click here