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 77 is higher than 86% 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 significant greenhouse gas (GHG) emissions, totalling approximately 8,885,240,000 kg CO2e. This figure includes 888,524,000 kg CO2e from Scope 1 emissions, 322,874,000 kg CO2e from Scope 2 emissions (market-based), and a substantial 3,198,256,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (2,413,817,000 kg CO2e) and upstream transportation and distribution (154,124,000 kg CO2e). For 2023, the company reported total GHG emissions of approximately 8,800,000,000 kg CO2e, with Scope 1 emissions at 934,040,000 kg CO2e, Scope 2 emissions at 273,667,000 kg CO2e (market-based), and Scope 3 emissions reaching 3,415,643,000 kg CO2e. Thai Beverage has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 GHG emissions by 2030, using 2019 as the base year. Additionally, the company has committed to achieving net-zero GHG emissions for Scope 1 and 2 by 2040. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction for Scope 3 emissions. The company is also aligned with the Science Based Targets initiative (SBTi), committing to a minimum of 2.5% absolute reduction in emissions annually. Specific near-term targets include a 42% reduction in Scope 1 and 2 emissions by 2030 from a 2023 base year, and a 25% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. Thai Beverage's climate strategy reflects a comprehensive approach to sustainability, addressing emissions across all scopes while committing to responsible sourcing and operational efficiency.
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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 73% 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.
Frequently Asked Questions
Common questions about Thai Beverage's sustainability data and climate commitments