Gulf Energy Development Public
Gulf Energy Development Public Company Limited, commonly referred to as Gulf Energy, is a leading player in the energy sector, headquartered in Thailand. Established in 2007, the company has rapidly expanded its operations across Southeast Asia, focusing on power generation and renewable energy solutions. Gulf Energy is renowned for its diverse portfolio, which includes natural gas-fired power plants and renewable energy projects, setting it apart in a competitive market. The company has achieved significant milestones, including the successful listing on the Stock Exchange of Thailand, which has bolstered its market position. With a commitment to sustainability and innovation, Gulf Energy continues to drive advancements in energy efficiency and environmental stewardship, making it a key contributor to Thailand's energy landscape.
DitchCarbon Score
How does Gulf Energy Development Public's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gulf Energy Development Public's score of 27 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gulf Energy Development Public's reported carbon emissions
In 2024, Gulf Energy Development Public reported total carbon emissions of approximately 17,102,847,000 kg CO2e, comprising 17,102,847,000 kg CO2e from Scope 1, 13,304,395,000 kg CO2e from Scope 2, and 22,984,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2023, where total emissions were about 14,624,745,000 kg CO2e, with Scope 1 emissions at 11,245,262,000 kg CO2e, Scope 2 at 23,547,000 kg CO2e, and Scope 3 at 3,355,936,000 kg CO2e. In 2022, the company reported total emissions of approximately 8,791,140,000 kg CO2e, with Scope 1 emissions at 6,651,222,000 kg CO2e, Scope 2 at 53,794,000 kg CO2e, and Scope 3 at 2,086,124,000 kg CO2e. The trend indicates a substantial increase in emissions over the years, with 2021 emissions recorded at about 5,109,713,000 kg CO2e and 2020 at approximately 3,944,773,000 kg CO2e. Despite the rising emissions, Gulf Energy Development Public has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint effectively. The company operates within a challenging industry context, where energy production is often associated with high emissions, necessitating a robust approach to sustainability and climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,931,649,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 10,762,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
| Scope 3 | 2,363,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gulf Energy Development Public is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
