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 58 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 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Siam Makro Public's reported carbon emissions
Siam Makro Public, a retail trade services company headquartered in Thailand, has reported substantial carbon emissions across its operations. In 2024, the company recorded total emissions of approximately 9.24 billion kg CO2e. This figure is comprised of approximately 108.6 million kg CO2e for Scope 1 emissions, approximately 705.8 million kg CO2e for Scope 2 (market-based), and approximately 8.43 billion kg CO2e for Scope 3 emissions. Key contributors to its Scope 3 footprint include purchased goods and services, employee commute, and downstream leased assets. In 2023, Siam Makro Public's total emissions were approximately 8.80 billion kg CO2e, with Scope 1 at approximately 142.6 million kg CO2e, Scope 2 (market-based) at approximately 674.8 million kg CO2e, and Scope 3 at approximately 7.98 billion kg CO2e. The company's climate commitments include ambitious reduction targets. For Scope 1 and 2 emissions, Siam Makro Public aims for a 42% reduction by 2030 compared to the 2020 baseline of approximately 825,720.40 tonnes CO2e. Furthermore, a long-term goal is to achieve a 90% reduction in Scope 1 and 2 emissions by 2050, also referencing the 2020 baseline. The company is committed to net-zero emissions by 2050. These targets are aligned with broader Science Based Targets initiative (SBTi) commitments, with a net-zero commitment for all scopes set for 2050, based on a 2023 baseline. Siam Makro Public's emissions data and reduction targets are directly reported by the organisation and do not appear to be cascaded from a parent company.
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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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Common questions about Siam Makro Public’s sustainability data and climate commitments
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