Thai Beverage Sustainability Profile
Thai Beverage Public Company Limited, commonly known as ThaiBev, is a leading player in the beverage industry, headquartered in Thailand. Established in 2003, the company has rapidly expanded its operations across Southeast Asia, focusing on the production and distribution of alcoholic and non-alcoholic beverages. ThaiBev's core offerings include a diverse range of spirits, beers, and soft drinks, with its flagship product, Chang Beer, gaining international acclaim. The company is recognised for its commitment to quality and innovation, which has solidified its position as one of the largest beverage companies in the region. With a strong market presence and a portfolio that caters to various consumer preferences, ThaiBev continues to achieve significant milestones, reinforcing its reputation as a key player in the global beverage landscape.
DitchCarbon Score
How does Thai Beverage'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.
Industry Average
Mean score of companies in the Beverage Manufacturing 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.
Industry Benchmark
Thai Beverage's score of 70 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thai Beverage's reported carbon emissions
In 2024, Thai Beverage reported total greenhouse gas emissions of approximately 1,145,895,000 kg CO2e, which includes Scope 1 emissions of about 888,524,000 kg CO2e, Scope 2 emissions of approximately 257,371,000 kg CO2e, and significant Scope 3 emissions totalling around 2,241,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions by 2030, compared to a 2019 baseline. Furthermore, Thai Beverage has committed to achieving net-zero emissions for Scope 1 and 2 by 2040 and has established science-based targets to reduce absolute Scope 1 emissions by 90% and Scope 2 emissions by 90% by 2050, both from a 2023 base year. In addition to these targets, Thai Beverage aims to reduce Scope 3 emissions by 90% by 2050, with interim targets of a 30.3% reduction in Scope 3 FLAG emissions and a 25% reduction in emissions from purchased goods and services by 2030. The company is also committed to no deforestation across its primary deforestation-linked commodities by 2025. These initiatives reflect Thai Beverage's dedication to sustainability and its alignment with global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 760,519,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 165,668,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Thai Beverage's Industry?
How Carbon Intensive is Thai Beverage's Location?
Thai Beverage's Scope 3 Categories Breakdown
Thai Beverage's Scope 3 emissions, which decreased by 6% last year and increased by approximately 331% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Thai Beverage's Climate Goals (2030 & 2050)
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.
Thai Beverage has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
