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 climate commitments aimed at reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has outlined significant reduction targets for its Scope 1 and Scope 2 emissions. For Scope 1 emissions, Siam City Cement aims to reduce 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 decrease its clinker factor to 65% by 2030, down from a baseline of 74% in 2020, which corresponds 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% reduction in specific electricity consumption compared to 2020 and aims for at least 20% of its electricity consumption to come from alternative energy sources. These initiatives reflect Siam City Cement's commitment to sustainability and its proactive approach to addressing climate change, aligning with industry standards and expectations. The company's targets are part of a broader strategy to enhance its environmental performance and contribute to global climate goals.
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.
Siam City Cement Public Company Limited 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.
