Bangchak Corporation Public Company Limited (BCP) is a leading petroleum marketing company in Thailand. Founded in 1963, BCP has grown to become a major player in the energy sector in Thailand, with a focus on decarbonisation and renewable energy. The company operates a network of petrol stations, convenience stores, and other related businesses throughout Thailand. BCP's mission is to provide sustainable energy solutions that meet the needs of its customers and contribute to the development of the country's economy.

Decarbonisation is a key focus for BCP. The company is committed to reducing its carbon footprint and promoting sustainable energy practices. BCP has set a target to reduce its carbon intensity by 25% by 2025, compared to its 2015 baseline. To achieve this goal, the company has invested in renewable energy projects, such as solar and wind power, and has implemented energy efficiency measures in its operations.

BCP is also committed to promoting corporate energy solutions, such as corporate power purchase agreements (PPAs). Corporate PPAs are agreements between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. This provides the company with a stable and predictable source of renewable energy, while also supporting the growth of the renewable energy sector.

In 2020, BCP signed a corporate PPA with a solar power company, which will provide the company with 100 MW of renewable energy over a 20-year period. This is one of the largest corporate PPAs in Thailand and demonstrates BCP's commitment to promoting sustainable energy solutions.

Renewable energy is a key focus for BCP. The company has set a target to increase its renewable energy capacity to 1,000 MW by 2030, up from its current capacity of 300 MW. BCP has invested in a range of renewable energy projects, including solar, wind, and biomass power. The company's renewable energy projects are located throughout Thailand, and include both large-scale and distributed generation projects.

BCP's renewable energy projects are not only good for the environment, but also provide economic benefits to local communities. For example, BCP's solar power project in Lopburi province has created jobs and provided income to local farmers who lease their land for the project. BCP's renewable energy projects also help to reduce Thailand's reliance on imported fossil fuels, which contributes to the country's energy security.

In addition to its focus on renewable energy, BCP is also committed to promoting energy efficiency and reducing its overall energy consumption. The company has implemented a range of energy efficiency measures in its operations, such as upgrading lighting and air conditioning systems, and using energy-efficient equipment. BCP has also implemented a program to encourage its employees to adopt energy-saving practices, such as turning off lights and equipment when not in use.

BCP's commitment to sustainability extends beyond its operations to its products and services. The company offers a range of eco-friendly products, such as biofuels and electric vehicle charging stations, to help reduce the environmental impact of transportation. BCP is also committed to reducing plastic waste, and has implemented a program to encourage customers to bring their own reusable bags and containers to its convenience stores.

In conclusion, Bangchak Corporation Public Company Limited is a leading petroleum marketing company in Thailand that is committed to decarbonisation and renewable energy. The company's focus on corporate energy solutions, such as corporate PPAs, and its investment in renewable energy projects demonstrate its commitment to promoting sustainable energy solutions. BCP's renewable energy projects not only provide environmental benefits, but also contribute to the economic development of local communities. BCP's commitment to sustainability extends beyond its operations to its products and services, and the company is actively working to reduce its overall environmental impact.