Shell – Thailand’s first oil company marks 130th anniversary, leveraging ‘Powering Progress’ strategy and moving Thailand towards a low-carbon society
Jun 28, 2022
Bangkok, Thailand – The Shell Company of Thailand Limited, Thailand’s first oil company, is celebrating its 130th anniversary, with the mission to enhance ‘Powering Progress’ strategy and become a ‘Trusted Partner for a Better Life’ by delivering sustainable, clean energy and supporting Thailand’s transition towards a low-carbon society. By incorporating its global expertise and collaborating with all sectors, Shell is highly committed to driving more effective and sustainable greenhouse gas emission reductions in Thailand.
Mr. Panun Prachuabmoh, Country Chairman, The Shell Company of Thailand Limited, said: "Throughout 130 years of our operations in the country, Shell is proud to have grown alongside Thailand, where we have seen significant development in terms of economy and society. Thailand is currently moving towards a low-carbon society, where the government aims to reach carbon neutrality by 2050 and net-zero emissions by 2065. Shell is ready to collaborate with every sector as a ‘Trusted Partner’ with the concordant target to become a net-zero emissions energy business both in terms of products and services. Concurrently, Shell continues to drive the growth of customer-centric business, in step with our stakeholders and Thai society to help reduce environmental impacts.”
With Shell's global expertise in the energy sector as well as the intention to operate its business with care for both customers and the environment throughout energy transitioning, Shell focuses on each step to achieve greenhouse gas emissions reductions namely: 1. our internal operations; 2. products bought from other companies; and 3. helping customers who use Shell products compensate for carbon emissions. Around the world, Shell also continues to transform its business to achieve its goals by delivering products that can reduce greenhouse gas emissions such as EV charging point stations, hydrogen refuelling stations for hydrogen fuel cell cars, and electricity generation from solar and wind energy. Shell is keen to cooperate with those who share a common vision, including industries in hard-to-abate sectors such as aviation, shipping, road transport, and heavy industry. Shell is expanding investments into renewable energy and low-emission energy businesses such as an investment in Ubitricity – an electric vehicle charging station operator in the UK.
Shell's determination in reducing greenhouse gas emissions has continued through both processes and products in Thailand, from the head office building to Shell service stations, where solar panels have been installed to reduce greenhouse gas emissions by using renewable energy. As a result, Shell was awarded Thailand Energy Awards 2020 and 2021 for building energy conservation for two consecutive years and was granted Renewable Energy Award for solar cell rooftop projects in the garage and the rooftop of Shell’s headquarter. In addition, Shell service stations also use sustainable innovations to help reduce greenhouse gas emissions in service stations by installing solar panels on the roof, choosing eco-friendly ‘Green Banding’ construction materials as well as sustainable environmental management with water and waste management systems for efficient reuse.
In terms of products, Shell has consistently focused on clean and alternative energy, such as an increase in the proportion of biofuel consumption i.e. biodiesel and ethanol, which is well-suited for an agricultural country such as Thailand and gives even greater support for farmers’ well-being. Shell also provides High-Performance Charging (HPC) stations for electric vehicles to best serve the latest customer needs as well as offers sustainable products and solutions in factories and the transport industry. In addition, Shell helps customers reduce greenhouse gas emissions by providing high-quality products such as premium fully-synthetic engine oil – Shell Helix Ultra 0W Carbon Neutral formula – one of Shell's first engine oil innovations that reduces net greenhouse gas emissions to zero, and Bitumen FreshAir, a low-heat and fragrant asphalt innovation, which reduces energy consumption and the evaporation of gases and particles that affect air quality.
Shell strongly supports various networks, which promote low-carbon, and is part of the ‘Climate Action Initiator’. Furthermore, Shell has been collaborating with the Thai government such as the Ministry of Natural Resources and Environment, Thailand Greenhouse Gas Management Organization (Public Organization), and other private organizations, to help move Thailand towards a low-carbon society.
Shell is committed to raising an awareness about clean and alternative energy through ongoing projects such as the Imagine the Future Scenarios Competition, which offers university students an opportunity to present scenarios in the next 30 years considering social, economic, and environmental challenges, along with Shell Forum, a platform to exchange ideas among experts from the government, private and public sectors to prepare for Thailand's future energy challenges and also to drive suitable energy transitioning for the country.
Over the past 130 years, Shell has always supported the growth of Thailand's energy industry and has become one of the leaders in providing quality and sustainable clean energy, along with aiding economic, social, and national growth development. The energy transition from now on is extremely important. Shell, as the country's first pioneer in the oil business, is committed to providing clean and sustainable energy with the ‘Powering Progress’ strategy, which supports Thailand’s energy transition to achieve net-zero greenhouse gas emissions.
Mr. Panun Prachuabmoh, Country Chairman, The Shell Company of Thailand Limited
Shell's head office building with solar panels installed
Shell’s Site of the Future
Shell Helix Ultra 0W Carbon Neutral formula reduces net greenhouse gas emissions to zero
Bitumen FreshAir, an asphalt innovation which reduces air quality impacts
Imagine the Future Scenarios Competition 2022
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The Shell Company of Thailand Limited
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H+K Strategies Thailand
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Shell’s net carbon footprint
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