- Rising costs of goods and logistics resulting in a 10% decline in total sales revenue compared to the previous year.
- Global economic recession and the Russia-Ukraine war impacting sales of canned pineapple.
- Drought season affecting pineapple supply and increasing production costs.
- Stagnant herbal extract market after COVID-19.
- Intense competition in the mineral water market.
- Increased sugar tax impacting beverage market competitiveness.
- Fluctuations in direct costs of goods due to rising raw material and fuel prices, and minimum wage increases.
- Exchange rate volatility impacting raw material purchases and sales.
- Climate change affecting the volume of agricultural products.
- Risks related to the protection of personal information under the Personal Data Protection Act.
Tipco Foods Public Company Limited
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 10.31 million tons of carbon dioxide |
| 2019 | 33.27 million kg CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed 350 kWp Solar Rooftop to generate electricity (started October 16, 2023)
- Received certificate for good human resources management during the COVID-19 pandemic from the Department of Labour Protection and Welfare.
- Tipco Biotech Co., Ltd. received the Green Industry Level 2 certificate from the Ministry of Industry for conducting activities to mitigate environmental impacts.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance