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 69% 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 targets to reduce its carbon emissions as part of its climate commitments. The company aims to achieve a reduction in Scope 1 emissions to less than 530 kg net CO2 per ton of cementitious materials by 2030, representing a 30% decrease from 1990 levels and a 15% reduction from 2020 baselines. Additionally, for Scope 2 emissions, Siam City Cement targets a reduction to less than 37 kg net CO2 per ton of cementitious materials, which includes a 10% decrease in specific electricity consumption compared to 2020 and a commitment for at least 20% of its electricity to come from alternative energy sources by 2030. Furthermore, the company plans to reduce its clinker factor to 65% by 2030, down from a baseline of 74% in 2020, which translates to a 12.16% reduction. These initiatives reflect Siam City Cement's proactive approach to addressing climate change and reducing its carbon footprint in the cement industry. It is important to note that the emissions data is cascaded from the parent company, Sunrise Equity Company Limited, indicating a structured approach to sustainability within the corporate family.
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.