Thai Oil Public Company Limited (Thaioil) introduced its 3Cs strategy at FTI EXPO 2025, reinforcing its goal of reducing emissions and promoting sustainable energy. The event took place from February 12 to 15, 2025, at Queen Sirikit National Convention Center in Bangkok. Key figures, including the Prime Minister and senior executives from PTT Group and Thaioil, were in attendance.
Mrs. Rungnapa Janchookiat, Executive Vice President of Corporate Commercials, presented the 3Cs strategy, which outlines three primary approaches to cutting emissions and progressing toward Net Zero goals.
Cutting Existing Emissions
Thaioil is improving energy efficiency to reduce greenhouse gas emissions. Between 2012 and 2024, it lowered emissions by over 456,000 tons of CO2 equivalent. The company is also exploring Carbon Capture and Storage (CCS) technology to store carbon dioxide underground permanently.
Offsetting Residual Emissions
Reforestation efforts and carbon credit programs help offset emissions. From 2019 to 2024, Thaioil Group accumulated approximately 1.68 million tons of CO2 equivalent in carbon credits through energy efficiency measures and solar rooftop installations at the Sriracha office.
Managing Future Emissions
Investments in low-carbon businesses play a crucial role in Thaioil’s sustainability strategy. Its subsidiary, TOP Ventures Co. Ltd., backs startups focused on green hydrogen and eco-friendly technologies.
Thaioil is committed to transitioning toward a low-carbon future. The company aims for carbon neutrality by 2050 and Net Zero emissions by 2060, aligning with national sustainability objectives.
For more information, visit www.thaioilgroup.com.