Siam Cement PCL

Common Name
Siam Cement
Country
Thailand
Sector
Industrials
Industry
Conglomerates
Employees
55,578
Ticker
SCC
Exchange
STOCK EXCHANGE OF THAILAND
Description
Siam Cement Public Company Limited is a diversified conglomerate with roots deeply embedded in Thailand's industrial landscape. Known primarily for its significant operations within the cement and bui...

Siam Cement's GHG Emissions Data Preview

In 2023, Siam Cement 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).

Siam Cement has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
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Verified Sources Behind Siam Cement’s Greenhouse Gas (GHG) Emissions Data

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a. Siam Cement's Sustainability Report 2023
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Insights into Siam Cement's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Siam Cement amounted to 27,264,168 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Siam Cement decreased by 10.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Siam Cement's Scope 1 Emissions Over Time

202020212022202308 M16 M24 M32 MtCO2e-2%-10%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Siam Cement's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Siam Cement were 24,329,050 metric tons of CO₂ equivalent (tCO₂e). a

Has Siam Cement reduced its Scope 1 emissions over time?

Since 2020, Siam Cement's Scope 1 emissions have decreased by 21.51%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Siam Cement's Scope 1 emissions decreased by 10.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Siam Cement's Scope 2 emissions?

In 2023, Siam Cement reported Scope 2 greenhouse gas (GHG) emissions of 2,754,817 tCO₂e using the market-based method and 2,935,118 tCO₂e using the location-based method. a

Has Siam Cement reduced its Scope 2 emissions over time?

Since 2020, Siam Cement's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 13.38%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Siam Cement's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Siam Cement 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Siam Cement use for Scope 2 reporting?

In 2023, Siam Cement reported its Scope 2 emissions using the market-based method and using the location-based method. a

Siam Cement's Scope 2 Emissions Over Time

20202021202220230850 k1.7 M2.55 M3.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Siam Cement's Value Chain Emissions

In 2023, Siam Cement reported 10,606,251 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Siam Cement includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Siam Cement's Scope 3 Emissions Over Time

20212022202304 M8 M12 M16 MtCO2e-36%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Siam Cement's Scope 3 emissions?

In 2023, Siam Cement reported total Scope 3 emissions of 10,606,251 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 83.41% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.59% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Siam Cement's Scope 3 emissions remained relatively stable, indicating that Siam Cement 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Siam Cement disclose?

In 2023, Siam Cement reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Siam Cement's Scope 3 emissions?

In 2023, the largest contributors to Siam Cement's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 5,303,395 tCO₂e (50%)
  • Upstream Transportation and Distribution (Cat. 4): 1,480,778 tCO₂e (13.96%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,460,420 tCO₂e (13.77%)

Siam Cement's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(50.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.8%)UpstreamTransportation andDistribution(Cat. 4)(14.0%)

Insights into Siam Cement's Total Carbon Footprint

In 2023, Siam Cement reported a total carbon footprint of 37,870,419 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.16% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Siam Cement's total carbon footprint was Scope 1 emissions, accounting for 64.24% of the company's total carbon footprint, followed by Scope 3 emissions at 28.01%. a

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