Thai Union

Thai Union, a Thai company in the Insurance and pension funding services industry, reported its 2024 emissions as approximately 228,000,000 kg CO2e for Scope 1, 178,000,000 kg CO2e for Scope 2 (location-based), and 4,165,000,000 kg CO2e for Scope 3. In 2023, the company's Scope 1 emissions were approximately 269,000,000 kg CO2e, Scope 2 (location-based) were 165,000,000 kg CO2e, and Scope 3 emissions were approximately 4,165,000,000 kg CO2e. For 2022, Scope 3 emissions were approximately 3,555,070,000 kg CO2e.

Thai Union has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2050.

Near-term targets include:

• An absolute reduction of Scope 1 and 2 GHG emissions by 42% by 2030, from a 2021 base year.
• An absolute reduction of Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream and downstream transportation and distribution by 42% within the same timeframe (2030 from a 2021 base year).

Long-term targets include:

• An absolute reduction of Scope 1 and 2 GHG emissions by 90% by 2050, from a 2021 base year.
• An absolute reduction of Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream and downstream transportation and distribution, end-of-life treatment of sold products, and investments by 90% within the same timeframe (2050 from a 2021 base year).