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Siam Makro Public Company Limited, commonly known as Siam Makro, is a leading player in the retail trade services sector in Thailand. Headquartered in Bangkok, the company has established a strong presence across various regions, catering primarily to business customers and individual consumers. Founded in 1988, Siam Makro has achieved significant milestones, including the expansion of its wholesale and retail operations, which focus on providing high-quality products at competitive prices.
The company offers a diverse range of core products and services, including food, beverages, and household goods, distinguished by their commitment to quality and customer satisfaction. Siam Makro's unique business model, which combines wholesale and retail formats, positions it favourably in the market, making it a preferred choice for both small businesses and households. With a reputation for reliability and value, Siam Makro continues to thrive in the competitive retail landscape of Thailand.
+26 vs industry average
Siam Makro Public’s score of 62 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Siam Makro Public, a retail trade services company based in Thailand, reported total greenhouse gas emissions of approximately 9.24 billion kg CO2e in 2024. This includes about 108.56 million kg CO2e from Scope 1 emissions, 705.79 million kg CO2e from Scope 2 (market-based), and approximately 7.49 billion kg CO2e from Scope 3 emissions. In 2023, the company's total emissions were approximately 8.80 billion kg CO2e.
Siam Makro Public has set near-term absolute reduction targets for Scope 1 and 2 emissions, aiming for a 42% reduction by 2030, using 2020 as the base year (where 2020 Scope 1 and 2 emissions were 825,720.40 tonnes CO2e). For the long term, the company has committed to a 90% reduction in Scope 1 and 2 emissions by 2050, also against a 2020 base year. Siam Makro Public, listed as CP AXTRA PUBLIC COMPANY LIMITED on the Science Based Targets initiative (SBTi) database, has committed to net-zero across all scopes by 2050.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Siam Makro Public’s sustainability data and climate commitments
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