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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 GHG Emissions Data Preview

In 2024, Carabao Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Carabao Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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a
0000000
Total Scope 3
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Carabao Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Carabao Group’s data sources below and access millions more through our Disclosure Search.

a. Carabao Group's TCFD Report 2024
a. Carabao Group's TCFD Report 2024

Insights into Carabao Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCarabao Group amounted to120,110metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Carabao Groupincreased by 0.19%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Carabao Group's Scope 1 Emissions Over Time

2021202220232024025 k50 k75 k100 ktCO2e+417%0%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Carabao Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Carabao Group were 80,681 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Carabao Group reduced its Scope 1 emissions over time?

Since 2021, Carabao Group's Scope 1 emissions have increased by 409.41%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Carabao Group's Scope 1 emissions decreased by 1.07%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Carabao Group's Scope 2 emissions?

In 2024, Carabao Group reported Scope 2 greenhouse gas (GHG) emissions of 39,429 tCOâ‚‚e using the location-based method.a

Has Carabao Group reduced its Scope 2 emissions over time?

Since 2021, Carabao Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Carabao Group's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Carabao Group's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Carabao Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Carabao Group use for Scope 2 reporting?

In 2024, Carabao Group reported its Scope 2 emissions using the location-based method.a

Carabao Group's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based

Insights into Carabao Group's Value Chain Emissions

In 2024, Carabao Group reported 28,702 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Carabao Group includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Carabao Group's Scope 3 Emissions Over Time

2021202220232024075 k150 k225 k300 ktCO2e+5626%+298%-90%
  • Total Scope 3
  • Year-over-Year Change

What are Carabao Group's Scope 3 emissions?

In 2024, Carabao Group reported total Scope 3 emissions of 28,702 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Carabao Group reduced its Scope 3 emissions over time?

Since 2021, Carabao Group's Scope 3 emissionshave increased by 2,111.25%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Carabao Group's Scope 3 emissions decreased by 90.31%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into Carabao Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Carabao Group reported Scope 1 greenhouse gas (GHG) emissions of 80,681 tCOâ‚‚e and total revenues of USD 611 millions. This translates into an emissions intensity of 132.14 tCOâ‚‚e per millions USD.a

Carabao Group's Scope 1 Emissions Intensity Compared to Peers

502,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)LNCMSEA G BarrYear: 2024Scope 1: 6,888 tCO2eRevenue: $M 522Scope 1 Intensity: 13.19 tCO2e/$MSuntory Beverage & FoodYear: 2024Scope 1: 522,000 tCO2eRevenue: $M 10,808Scope 1 Intensity: 48.30 tCO2e/$MLotte Chilsung BeverageYear: 2024Scope 1: 50,129 tCO2eRevenue: $M 2,743Scope 1 Intensity: 18.28 tCO2e/$MCoca Cola HBCYear: 2024Scope 1: 342,742 tCO2eRevenue: $M 9,685Scope 1 Intensity: 35.39 tCO2e/$MMonster BeverageYear: 2023Scope 1: 15,259 tCO2eRevenue: $M 7,140Scope 1 Intensity: 2.14 tCO2e/$MLLLassonde IndustriesYear: 2024Scope 1: 61,975 tCO2eRevenue: $M 1,808Scope 1 Intensity: 34.28 tCO2e/$MNongfu SpringYear: 2024Scope 1: 205,999 tCO2eRevenue: $M 6,402Scope 1 Intensity: 32.18 tCO2e/$MNNNicholsYear: 2024Scope 1: 767 tCO2eRevenue: $M 217Scope 1 Intensity: 3.54 tCO2e/$MPepsiCoYear: 2024Scope 1: 3,295,259 tCO2eRevenue: $M 91,854Scope 1 Intensity: 35.88 tCO2e/$MSpadelYear: 2024Scope 1: 7,388 tCO2eRevenue: $M 395Scope 1 Intensity: 18.72 tCO2e/$MVarun BeveragesYear: 2024Scope 1: 88,224 tCO2eRevenue: $M 2,267Scope 1 Intensity: 38.92 tCO2e/$MCCChina FoodsYear: 2024Scope 1: 50,858 tCO2eRevenue: $M 3,221Scope 1 Intensity: 15.79 tCO2e/$MCoca-Cola FemsaYear: 2024Scope 1: 596,520 tCO2eRevenue: $M 13,498Scope 1 Intensity: 44.19 tCO2e/$MOsotspaYear: 2023Scope 1: 153,645 tCO2eRevenue: $M 757Scope 1 Intensity: 202.98 tCO2e/$MKeurig Dr PepperYear: 2024Scope 1: 295,720 tCO2eRevenue: $M 15,351Scope 1 Intensity: 19.26 tCO2e/$MArca ContinentalYear: 2024Scope 1: 271,228 tCO2eRevenue: $M 11,558Scope 1 Intensity: 23.47 tCO2e/$MFraser & Neave HoldingsYear: 2024Scope 1: 42,568 tCO2eRevenue: $M 1,272Scope 1 Intensity: 33.47 tCO2e/$MCoca-ColaYear: 2024Scope 1: 474,413 tCO2eRevenue: $M 47,061Scope 1 Intensity: 10.08 tCO2e/$MMMMIXUE GroupYear: 2024Scope 1: 18,426 tCO2eRevenue: $M 3,710Scope 1 Intensity: 4.97 tCO2e/$MSSSunjuice HoldingsYear: 2023Scope 1: 2,418 tCO2eRevenue: $M 151Scope 1 Intensity: 16.02 tCO2e/$MSAPPEYear: 2023Scope 1: 5,286 tCO2eRevenue: $M 176Scope 1 Intensity: 30.07 tCO2e/$MUni-President China HoldingsYear: 2024Scope 1: 209,573 tCO2eRevenue: $M 4,513Scope 1 Intensity: 46.44 tCO2e/$MEEEastroc Beverage (Group)Year: 2024Scope 1: 60,322 tCO2eRevenue: $M 2,170Scope 1 Intensity: 27.79 tCO2e/$MCoca-Cola IcecekYear: 2024Scope 1: 192,613 tCO2eRevenue: $M 3,893Scope 1 Intensity: 49.48 tCO2e/$MFevertree DrinksYear: 2024Scope 1: 214 tCO2eRevenue: $M 462Scope 1 Intensity: 0.46 tCO2e/$MCarabao GroupYear: 2024Scope 1: 80,681 tCO2eRevenue: $M 611Scope 1 Intensity: 132.14 tCO2e/$M

How does Carabao Group's GHG emissions intensity compare to its peers?

In 2024, Carabao Group reported a Scope 1 emissions intensity of 132.14 tCOâ‚‚e per millions USD. Compared to the peer group median of 27.79, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Carabao Group rank on GHG emissions intensity within its industry?

In 2024, Carabao Group ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Carabao Group among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Carabao Group's Total Carbon Footprint

In 2024, Carabao Group reported a total carbon footprint of 148,812 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 64.23% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Carabao Group's total carbon footprint was Scope 1 emissions, accounting for 54.22% of the company's total carbon footprint, followed by Scope 2 emissions at 26.5%.a

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