Climate Change Data

Thai Beverage Public Company Limited

Climate Impact & Sustainability Data (October 2022 to September 2023)

Reporting Period: October 2022 to September 2023

Environmental Metrics

Total Carbon Emissions:1,388,693 tCO2e (Scope 1 & 2 without Vietnam); 1,500,000 tCO2e (Scope 1 & 2 with Vietnam)
Scope 3 Emissions:1,956,471 tCO2e
Renewable Energy Share:37%
Total Energy Consumption:2,041,512 MWh (without Vietnam); 2,314,191 MWh (with Vietnam)
Water Consumption:22,562 Megaliters (without Vietnam); 25,627 Megaliters (with Vietnam)
Waste Generated:90,735 tons
Carbon Intensity:43.11 kgCO2e/hL (Beverage business); 0.68 kgCO2e/kg (Food business)

ESG Focus Areas

  • Climate Change
  • Water Stewardship
  • Waste Management
  • Sustainable Supply Chain
  • Corporate Governance
  • Product Quality and Safety
  • Data Security and Privacy
  • Community Development
  • Talent Attraction and Retention
  • Human Capital Development

Environmental Achievements

  • Scope 1 and 2 emissions reduced by 8.7% compared to 2019 baseline
  • Reduced water intensity by 7.4% compared to 2019 baseline
  • 37% renewable energy consumption within the organization
  • 61.6% of food loss and waste utilized for alternative purposes
  • Installed a 30-tonne biomass boiler reducing GHG emissions by 48,632 tCO2e per year
  • Solar system project generating 29,383 MWh, reducing GHG emissions by 13,799 tCO2e in FY2023
  • Seven biogas plants reducing GHG emissions by 11,891 tCO2e
  • CO2 recovery practices in breweries reducing GHG emissions by 53,667 tCO2e in FY2023
  • 53 products with Carbon Footprint Reduction (CFR) certification
  • 91 products with Carbon Footprint Product (CFP) certification
  • 9.4% of total revenue from low-carbon products

Social Achievements

  • Established C asean Vietnam to expand social impact
  • ThaiBev employee volunteer participation: 3,997 employees, 57,676 volunteer hours
  • 100% of ThaiBev's operations in Thailand with community development programs
  • 73% of non-alcoholic beverage product variants in Thailand certified as “Healthier Choice”
  • 97% employee training (29.73 hours per employee)

Governance Achievements

  • Established six functional centers at group level to ensure consistent policies and practices
  • Integrated ESG, climate change KPIs, and monetary incentives into employee targets
  • Implemented climate-related scenario analysis, physical and transition risks, and opportunity analysis

Climate Goals & Targets

Long-term Goals:
  • Net-zero GHG emissions for Scope 1 & 2 by 2040
  • Net-zero GHG emissions for Scope 3 by 2050
  • 100% water replenishment by 2040
  • 100% of all beverages packaging to be made of reusable, recyclable or compostable material by 2040
  • Zero waste to landfill by 2040
Medium-term Goals:
  • 50% reduction of GHG emissions for Scope 1 & 2 by 2030 compared to 2019
  • >50% renewable energy by 2030
  • Retrieve 100% of PET bottles and aluminum cans sold in Thailand by 2030
  • 30% rPET in PET bottles by 2030
  • 80% healthy beverages in all non-alcoholic beverage sales in Thailand by 2030
  • 75% of non-alcoholic beverage products in Thailand certified as “Healthier Choice” by 2030
  • Employee engagement at >90% by 2030
Short-term Goals:
  • Reduce water intensity by 5% by 2025 compared to 2019
  • Retrieve 100% of glass packaging sold in Thailand by 2025

Environmental Challenges

  • Water shortages
  • Floods
  • Pollution
  • Climate change impacts
  • Supply chain disruptions
  • Rising commodity costs
  • Changes in consumer behaviors
  • Accelerating digitalization
  • Cyber threats
  • Tightening monetary policies
  • Climate change
  • Commodity price fluctuation
  • Climate-related risks leading to supply chain disruption and higher operating costs
  • Regulatory changes
  • Suppliers’ non-compliance with ESG requirements
  • Stakeholder conflict
Mitigation Strategies
  • Sustainable water management methods throughout the value chain
  • Water replenishment projects
  • Improving water use efficiency in production processes
  • Recycled wastewater project
  • Collaboration with suppliers in water-stressed areas
  • Sustainable Agriculture Guideline
  • Net-zero GHG emissions targets for Scope 1 & 2 by 2040, Scope 3 by 2050
  • Investment in innovative low-carbon technologies
  • Closed-loop packaging collection system
  • Increased use of reusable and recyclable packaging
  • Phasing out disposable plastic packaging
  • Increased incorporation of recycled materials into packaging
  • Digital area management tool (OASIS) to increase used glass bottle collection rate
  • Collaboration with stakeholders throughout the packaging value chain
  • Waste hierarchy system emphasizing reuse, re-manufacturing, and recycling
  • Using by-products and waste to generate renewable energy
  • Developing Green Block construction material using recycled materials
  • Reducing food loss and waste inventories
  • Collaboration with upstream and downstream partners to reduce food loss
  • Critical Habitat Assessment (CHA) for biodiversity
  • Biodiversity management plans
  • Community Forest Projects
  • Human Rights Policy
  • Human rights due diligence process
  • Supplier and Business Partner Code of Practice
  • Work-from-home arrangements
  • Part-time working options
  • Family policies
  • Beverest Life application
  • Employee Preparation Program for retirement
  • ThaiBev Clubs
  • Rigorous oversight across all operational stages (procurement, production, storage, transportation, and last-mile service)
  • Adopting globally recognized standards (ISO 22000, NSF, GMP, and HACCP)
  • Digital platforms to support customer capabilities
  • Annual customer satisfaction survey
  • Alcoholic Beverages Marketing Code of Practice
  • Ethical Marketing and Brand Communication Guideline
  • Sales training
  • Supplier and Business Partner Code of Practice
  • Digital platform (CROSS Procurement) to track supplier performance and ESG impacts
  • Supplier development via TSCN and Business Partner Award Program
  • Transition to electric vehicles and material handling
  • Solar rooftops at distribution centers
  • Consolidating shipments
  • Backhaul logistics
  • Certu System for logistics optimization
  • Driver development program
  • Logistics Development School
  • ISO 27001 certification
  • Zero Trust with 2FA Architecture
  • Phishing simulations
  • Cybersecurity Protection and Data Privacy Training Program
  • Annual Risk Assessment with External Assurance and Verification
  • Continuous Messaging, System, and Network Monitoring
  • ThaiBev Personal Data Privacy Handbook
  • Personal Data Privacy Escalation Process Monitoring
  • Green Cyber Security Technology

Supply Chain Management

Supplier Audits: 100% of active Tier 1 suppliers; 100% of Significant Suppliers

Responsible Procurement
  • ThaiBev Supplier and Business Partner Code of Practice
  • ISO 20400 Sustainable Procurement Guideline
  • Sustainable sourcing of key agricultural commodities

Climate-Related Risks & Opportunities

Physical Risks
  • Riverine floods
  • Storms
  • Water stress
  • Sea-level rise
  • Increasing temperature
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Investment in low-carbon technology

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD, CDP

Certifications: ISO 9001, ISO 14001, ISO 22000, GMP, HACCP, NSF, ISO 45001, FSSC 22000, ISO 27001

Third-party Assurance: LRQA (Thailand) Limited; KPMG Phoomchai Audit Ltd.

UN Sustainable Development Goals

  • Goal 1
  • Goal 3
  • Goal 4
  • Goal 6
  • Goal 8
  • Goal 11
  • Goal 17

ThaiBev's initiatives contribute to these goals through various projects and activities related to poverty reduction, health and well-being, education, water management, economic growth, sustainable cities, and partnerships.

Sustainable Products & Innovation

  • Low-carbon products
  • Products using recycled PET (rPET) packaging
  • Products with reduced sugar content
  • Products with controlled sodium content
  • Fortified products
  • Products without MSG and preservatives

Awards & Recognition

  • DJSI World member for seven consecutive years
  • DJSI Emerging Market member for eight consecutive years
  • Thailand Energy Awards 2023
  • HR Excellence Awards 2023
  • HR Asia Best Companies to Work for in Asia 2023
  • WorkVenture’s Top 50 Employers in Thailand 2023
  • Golden Television Award
  • White TV Award