Thai Beverage Company (ThaiBev) | Sustainability Performance

SBTi targets and commitments

Target details

Overall net-zero target: Thai Beverage Public Company Limited commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-term targets: Energy & Industry: Thai Beverage Public Company Limited commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2023 base year.* Thai Beverage Public Company Limited also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 25% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Thai Beverage Public Company Limited commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by FY2030 from a FY2023 base year.* Thai Beverage Public Company Limited commits to no deforestation across its primary deforestation-linked commodities, with a target date of 2025. *The target includes FLAG emissions and removals. Long-term targets: Energy & Industry: Thai Beverage Public Company Limited commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2050 from a FY2023 base year.* Thai Beverage Public Company Limited also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.* *The target boundary includes land-related emissions and removals from bioenergy feedstocks. FLAG: Thai Beverage Public Company Limited commits to reduce absolute scope 3 FLAG GHG emissions 72.0% by FY2030 from a FY2023 base year.* *The target includes FLAG emissions and removals.