Siam City Cement Public Company Limited, commonly referred to as Siam City Cement, is a leading player in the cement industry, headquartered in Thailand. Established in 1969, the company has grown to become a significant force in Southeast Asia, with operations extending across various regions, including Thailand, Cambodia, and Sri Lanka. Specialising in the production of high-quality cement and concrete products, Siam City Cement is renowned for its commitment to sustainability and innovation. The company offers a diverse range of products, including ordinary Portland cement and blended cements, which are designed to meet the evolving needs of the construction sector. With a strong market position, Siam City Cement has achieved numerous accolades for its environmental initiatives and product excellence, solidifying its reputation as a trusted partner in the construction industry.
How does Siam City Cement Public Company Limited'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.
Mean score of companies in the Cement Production 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.
Siam City Cement Public Company Limited's score of 8 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Siam City Cement Public Company Limited, headquartered in Thailand, has set ambitious carbon emissions reduction targets as part of its commitment to sustainability. Although specific emissions data for the most recent year is not available, the company has outlined significant initiatives aimed at reducing its carbon footprint. For Scope 1 emissions, Siam City Cement aims to lower its CO2 emissions to less than 530 kg net CO2 per ton of cementitious materials by 2030. This target represents a 30% reduction from 1990 levels and a 15% reduction from 2020 baselines. Additionally, the company plans to reduce its clinker factor to 65% by 2030, down from a baseline of 74% in 2020, which equates to a reduction of approximately 12.16%. In terms of Scope 2 emissions, the company is targeting a reduction to less than 37 kg net CO2 per ton of cementitious materials by 2030. This goal includes a 10% decrease in specific electricity consumption compared to 2020 and aims for at least 20% of its electricity to come from alternative energy sources. These initiatives reflect Siam City Cement's commitment to addressing climate change and reducing its environmental impact, aligning with industry standards and best practices. The company's targets are part of a broader strategy to enhance sustainability within the cement industry, although specific emissions data has not been disclosed.
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.
Siam City Cement Public Company Limited 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.