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Business Services
TH
updated 2 months ago

Thai Group Holdings Sustainability Profile

Company website

Thai Group Holdings, often referred to as TGH, is a prominent player in the Thai industrial sector, headquartered in Thailand. Established in 1995, the company has made significant strides in various business areas, including manufacturing, logistics, and real estate development. With a strong operational presence across Southeast Asia, TGH has positioned itself as a leader in delivering innovative solutions tailored to meet the diverse needs of its clients. The company is renowned for its core products and services, which encompass high-quality manufacturing processes and efficient logistics management. TGH's commitment to sustainability and technological advancement sets it apart in a competitive market. Over the years, Thai Group Holdings has achieved notable milestones, solidifying its reputation as a trusted partner in the industry and contributing to the economic growth of the region.

DitchCarbon Score

How does Thai Group Holdings'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.

35

Industry Average

Mean score of companies in the Business Services 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.

29

Industry Benchmark

Thai Group Holdings's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Thai Group Holdings's reported carbon emissions

In 2023, Thai Group Holdings reported total carbon emissions of approximately 3,202,060 kg CO2e. This figure includes Scope 1 emissions of about 1,471,060 kg CO2e, Scope 2 emissions of around 1,427,130 kg CO2e, and Scope 3 emissions totalling approximately 258,870 kg CO2e. The previous year, 2022, the company recorded total emissions of about 2,668,000 kg CO2e, with Scope 1 at approximately 1,427,130 kg CO2e, Scope 2 at around 1,471,060 kg CO2e, and Scope 3 at about 168,000 kg CO2e. Despite these emissions figures, Thai Group Holdings has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from the parent company, Thai Group Holdings Public Company Limited, reflecting the company's current subsidiary status. Overall, while the company has made strides in reporting its emissions across all scopes, it currently lacks defined commitments to reduce its carbon footprint in the future.

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20222023
Scope 1
1,427,130
0,000,000
Scope 2
1,471,060
0,000,000
Scope 3
168,000
000,000

How Carbon Intensive is Thai Group Holdings's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thai Group Holdings's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Thai Group Holdings's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Thai Group Holdings is in TH, which has a low grid carbon intensity relative to other regions.

Thai Group Holdings'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 Group Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Thai Group Holdings's Emissions with Industry Peers

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Siemens

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Machinery and equipment n.e.c. (29)
Updated 10 days ago

Kasikornbank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Toshiba

JP
•
Electrical machinery and apparatus n.e.c. (31)
Updated 1 day ago

Thai Oil

TH
•
Petroleum Coke
Updated about 1 month ago

True

TH
•
Post and telecommunication services (64)
Updated 12 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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