Carabao
Carabao Group Public Company Limited, commonly known as Carabao, is a leading player in the energy drink industry, headquartered in Thailand. Founded in 2002, the company has rapidly expanded its operations across Southeast Asia and beyond, establishing a strong presence in markets such as the Philippines and the UK. Carabao is renowned for its flagship product, Carabao Energy Drink, which is distinguished by its unique blend of ingredients designed to boost energy and enhance performance. The brand has achieved significant market recognition, becoming one of the top energy drink brands in Thailand and gaining traction internationally. With a commitment to quality and innovation, Carabao continues to thrive, marking key milestones in its growth and solidifying its position as a formidable competitor in the global energy drink sector.
DitchCarbon Score
How does Carabao'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 Beverage Manufacturing 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
Carabao's score of 42 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Carabao's reported carbon emissions
In 2023, Carabao reported total carbon emissions of approximately 77,251,000 kg CO2e across all scopes. This includes 77,251,000 kg CO2e from Scope 1, 77,251,000 kg CO2e from Scope 2, and 77,251,000 kg CO2e from Scope 3 emissions, indicating a significant reliance on purchased goods and services. The total emissions for Scope 1 and 2 combined were about 76,642,530 kg CO2e. Comparatively, in 2022, Carabao's emissions were approximately 81,402,170 kg CO2e, with similar distributions across the scopes. This reflects a reduction in total emissions from 2022 to 2023, showcasing a commitment to lowering their carbon footprint. Despite these reductions, Carabao has not set specific science-based targets (SBTi) or documented reduction initiatives. The company has not publicly committed to any climate pledges or reduction targets, indicating a potential area for future improvement in their climate strategy. Carabao's emissions data is sourced directly from Carabao Group Public Company Limited, with no cascading from a parent or related organization. The company operates from its headquarters in Thailand (TH) and continues to navigate the challenges of carbon emissions in the beverage industry.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 97,785,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 69,105,490 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 97,785,000 | 00,000,000 | 00,000,000 | 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.
Carabao 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.
