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 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 23 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Carabao's reported carbon emissions
In 2023, Carabao reported total carbon emissions of approximately 77,251,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3 categories, each contributing equally to the total. The company’s emissions for Scope 1 and Scope 2 were also about 77,251,000 kg CO2e, while Scope 3 emissions matched this figure, indicating a significant reliance on purchased goods and services. Over the previous years, Carabao's emissions have shown a downward trend. In 2022, emissions were about 81,402,170 kg CO2e, while in 2021, they were approximately 90,172,910 kg CO2e, and in 2020, they reached about 97,785,000 kg CO2e. This reflects a consistent reduction in emissions over the three-year period. Despite these reductions, Carabao has not publicly committed to specific science-based targets or climate pledges, which may limit their accountability in the broader context of climate action. The absence of documented reduction targets suggests that while the company is making progress in reducing emissions, there is potential for more structured commitments to enhance their climate strategy.
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Add to project| 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 committed to some reduction initiatives 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.
