Thai Beverage

Thai Beverage's Carbon Emissions and Climate Commitments:

For the year 2025, Thai Beverage reported a total of approximately 4.4 billion kg CO2e in greenhouse gas emissions. This figure encompasses Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (all other indirect emissions in the value chain). Scope 1 emissions were approximately 883.7 million kg CO2e, while Scope 2 emissions (market-based) were around 318.6 million kg CO2e. Scope 3 emissions constituted the largest portion, totalling approximately 3.2 billion kg CO2e, with purchased goods and services being the most significant contributor within this scope.

The company has established several climate commitments:

• Net-Zero Target: Thai Beverage aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.
• Scope 1 & 2 Reduction: The company has set a target for net-zero GHG emissions for Scope 1 and 2 by 2040.
• Near-Term Reductions: A 50% reduction in Scope 1 and 2 GHG emissions is targeted by 2030, using 2019 as a baseline year. Additionally, a 42% reduction in absolute Scope 1 and 2 GHG emissions is targeted by FY2030 from a FY2023 base year.
• Scope 3 Targets: Thai Beverage has committed to reducing absolute Scope 3 GHG emissions from purchased goods and services by 25% by FY2030 from a FY2023 base year. They also aim for a 30.3% reduction in absolute Scope 3 FLAG (Forest, Land, and Agriculture) GHG emissions by FY2030 from a FY2023 base year, with a commitment to no deforestation by 2025. Long-term, they aim for a 90% reduction in absolute Scope 3 GHG emissions by FY2050 from a FY2023 base year.

These targets have been set with the Science Based Targets initiative (SBTi), indicating alignment with a 1.5°C warming scenario.