Lam Soon Thailand Sustainability Profile
Lam Soon (Thailand) Public Company Limited, headquartered in Thailand, is a prominent player in the fast-moving consumer goods (FMCG) sector. Established in 1965, the company has grown significantly, with major operations across the Southeast Asian region. Specialising in the production of cooking oils, margarine, and other food products, Lam Soon is renowned for its commitment to quality and innovation. Its flagship brands, including "Golden Chef" and "Pioneer," are well-regarded for their superior taste and health benefits, setting them apart in a competitive market. With a strong market position, Lam Soon has achieved notable milestones, including sustainable practices in production and a robust distribution network, ensuring its products reach consumers effectively. The company continues to lead in the FMCG industry, driven by a dedication to excellence and customer satisfaction.
DitchCarbon Score
How does Lam Soon Thailand'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 Edible Oils and Fats 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
Lam Soon Thailand's score of 24 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lam Soon Thailand's reported carbon emissions
In 2024, Lam Soon Thailand reported total carbon emissions of approximately 21,270,000 kg CO2e, comprising 4,823,000 kg CO2e from Scope 1 and 16,447,000 kg CO2e from Scope 2 emissions. This represents a significant reduction from 2023, where total emissions were about 30,103,000 kg CO2e, with Scope 1 emissions at 3,231,000 kg CO2e and Scope 2 emissions at 26,872,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 10% reduction in Scope 1 and 2 emissions by 2030, relative to the 2024 baseline. Furthermore, Lam Soon Thailand has committed to achieving a 100% reduction in these emissions by 2050. These targets are part of their broader strategy to align with net-zero commitments, as indicated by their participation in the Science Based Targets initiative (SBTi). Lam Soon Thailand's emissions data is not cascaded from a parent company, indicating that these figures are independently reported. The company is actively working towards its climate goals, demonstrating a commitment to sustainability within the food and beverage processing sector in Thailand.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 3,231,000 | 0,000,000 |
| Scope 2 | 26,872,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Lam Soon Thailand's Industry?
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Lam Soon Thailand'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.
Lam Soon Thailand has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Lam Soon Thailand's sustainability data and climate commitments