Carabao Group PCL

Common Name
Carabao Group
Country
Thailand
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Employees
N/A
Ticker
CBG
Exchange
STOCK EXCHANGE OF THAILAND
Description
Carabao Group Public Co. Ltd. is a prominent beverage company based in Thailand. The company is best known for its flagship energy drink, Carabao Dang, which has captured significant market share both...

Carabao Group's Climate Target Data Preview

As of 2024, Carabao Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Carabao Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2065
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product from Unspecified Activities
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a
2030
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Verified Sources Behind Carabao Group’s Climate Targets Data

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a. Carabao Group's Sustainability Report 2024
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Insights into Carabao Group's Greenhouse Gas Emissions Pathways

As of 2024, Carabao Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Carabao Group have a target to reduce the emissions from its operations?

As of 2024, Carabao Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Carabao Group's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 0.24 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product from Unspecified Activities in 2023. a

As of 2024, Carabao Group is on track to meet its operational emissions reduction target, having achieved 16.33% of the planned reduction. a

Carabao Group's Operational (Scope 1+2) Emissions Pathway

20232024203000.060.120.180.24Current (-5%)Target 2030 (-30%)

Does Carabao Group have a target to reduce its total carbon footprint?

As of 2024, Carabao Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Carabao Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 416,058 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023, by 90% by 2065. a

As of 2024, Carabao Group is ahead of schedule on its total carbon footprint reduction target, having achieved 29.98% of the planned reduction. a

Carabao Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2023202420650150 k300 k450 k600 kBaselineCurrent (-27%)Target 2065 (-90%)
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