Thai Oil Public Co Ltd 2023 IR
The report highlights Thai Oil Public Company Limited's (Thaioil) operational and financial performance for the fiscal year 2023, during which the company achieved a net profit of THB 19,443 million despite global economic volatility. Key achievements include reaching a refinery utilization rate of 112% and making significant progress on the Clean Fuel Project (CFP), which reached 95% completion by December 2023. On the sustainability front, Thaioil established a Net Zero Greenhouse Gas Emissions pathway targeting a 15% reduction by 2035, carbon neutrality by 2050, and net zero emissions by 2060. Additionally, the company was recognized as a DJSI member for the 11th consecutive year, achieving the highest score in the Oil & Gas Refining and Marketing Industry for the 8th year.
Company: Thai Oil Public Co Ltd
Sector: Manufacturing
Country: Thailand
Year: 2023
Type: IR
Pages: 379
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Thai Oil Public Co Ltd
One Report
The report highlights Thai Oil Public Company Limited's (Thaioil) operational and financial performance for the fiscal year 2023, during which the company achieved a net profit of THB 19,443 million despite global economic volatility. Key achievements include reaching a refinery utilization rate of 112% and making significant progress on the Clean Fuel Project (CFP), which reached 95% completion by December 2023. On the sustainability front, Thaioil established a Net Zero Greenhouse Gas Emissions pathway targeting a 15% reduction by 2035, carbon neutrality by 2050, and net zero emissions by 2060. Additionally, the company was recognized as a DJSI member for the 11th consecutive year, achieving the highest score in the Oil & Gas Refining and Marketing Industry for the 8th year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Net Zero Target