Carabao Sustainability Profile
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 34 is higher than 59% 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 2024, Carabao reported total carbon emissions of approximately 414,000,000 kg CO2e, comprising 82,000,000 kg CO2e from Scope 1, 38,000,000 kg CO2e from Scope 2, and 296,000,000 kg CO2e from Scope 3 emissions. In 2023, the company recorded similar Scope 1 emissions of 82,000,000 kg CO2e, with Scope 2 emissions at 42,000,000 kg CO2e and Scope 3 emissions significantly lower at 74,000,000 kg CO2e. For its operations in Thailand, Carabao's emissions in 2023 included 15,467,650 kg CO2e from Scope 1 and 61,174,880 kg CO2e from Scope 2. The previous year, 2022, saw Scope 1 emissions of 11,232,010 kg CO2e and Scope 2 emissions of 61,141,550 kg CO2e. Despite these figures, Carabao has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is sourced directly from Carabao Group Public Company Limited, with no cascaded data from a parent or related organization. Carabao's commitment to addressing climate change remains evident, although specific reduction strategies and targets have yet to be established.
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| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 15,838,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 42,761,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,298,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Carabao's Industry?
How Carbon Intensive is Carabao's Location?
Carabao's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Carabao has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
