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.
+23 vs industry average
Siam Makro Public’s score of 59 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Siam Makro Public's reported carbon emissions
Siam Makro Public's latest disclosed carbon emissions are from 2024, reporting a total of approximately 9.24 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2024, Scope 1 emissions were approximately 108.6 million kg CO2e, Scope 2 emissions were approximately 705.8 million kg CO2e, and Scope 3 emissions totalled approximately 8.43 billion kg CO2e.
In the retail trade services sector, Siam Makro Public has set ambitious climate targets. They have committed to reducing Scope 1 and 2 emissions by 42% by 2030, using 2020 as a base year. Furthermore, they aim for a significant 90% reduction in Scope 1 and 2 emissions by 2050, also against the 2020 baseline. The company's overall commitment extends to net-zero targets for all scopes by 2050.
Previous emissions data shows a trend:
- 2023: Total emissions were approximately 8.80 billion kg CO2e (Scope 1: ~142.6 million kg CO2e, Scope 2: ~674.8 million kg CO2e, Scope 3: ~7.98 billion kg CO2e).
- 2022: Total emissions were approximately 8.02 billion kg CO2e (Scope 1: ~212.3 million kg CO2e, Scope 2: ~708.5 million kg CO2e, Scope 3: ~7.10 billion kg CO2e).
- 2021: Total emissions were approximately 7.72 billion kg CO2e (Scope 1: ~137.9 million kg CO2e, Scope 2: ~657.4 million kg CO2e, Scope 3: ~6.75 billion kg CO2e).
- 2020: Total Scope 1 and 2 emissions were approximately 825.7 million kg CO2e (Scope 1: ~129.4 million kg CO2e, Scope 2: ~696.3 million kg CO2e). Scope 3 was approximately 5.07 billion kg CO2e.
Siam Makro Public's climate commitments are aligned with science-based targets, demonstrating a structured approach to reducing their environmental impact within the retail trade services industry.
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Siam Makro Public’s Climate Goals (2030 & 2050)
4 goals2050
90% reduction in Scope 1
Scope 1-2 2020 : Greenhouse gas emissions 825,720.40 tCO2e 2050 : Reduced by 90% in comparison to the base year.
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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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Siam Makro Public
Frequently asked questions
Common questions about Siam Makro Public’s sustainability data and climate commitments
Data year: 2024
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