- COVID-19 pandemic impacting sales and operations
- Fluctuation in raw material prices
- Competition in the food and bakery industry
- Consumer perception of high prices
- Risks related to brand image and consumer behavior
S&P Syndicate Public Company Limited
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, S&P Syndicate Public Company Limited disclosed greenhouse gas emissions of 433 tCO2e/year (2020 data). By scope: Scope 1: 311 tCO2e/year (2020 data); Scope 2: 71 tCO2e/year (2020 data); Scope 3: 51 tCO2e/year (2020 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.
GHG Emissions
433 tCO2e/year (2020 data)
2021
Renewable Energy
35-40% (solar energy at Bangna-Trad bakery factory)
of total energy
Water Usage
446.2K units (2019)
2021
Waste
383.44 tons (2021)
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 311 tCO2e/year (2020 data) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 71 tCO2e/year (2020 data) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 51 tCO2e/year (2020 data) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced bakery waste by 44.57% compared to 2018
- Reduced greenhouse gas emissions by 11.86% from transportation efficiency project
- 93% of packaging changed to be eco-friendly, reducing more than 41.80 tons of plastic
🎯 Climate & Sustainability Targets
🔜 Short-term
- All S&P outlets to pass Quality Service and Cleanliness (QSC) assessment criteria by 2025
- Upgrade production line standards for ISO 22000:2018 certification by 2025
- Research and development of 100 healthy products/menus by 2025
- 100% compostable, recyclable, or reusable packaging by 2022
📅 Medium-term
- Reduce bakery waste by 30% by 2030
- Reduce turnover rate of management level employees to no more than 5% by 2025
- Increase HCROI by 20% by 2025
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Food quality, safety, and nutritionWaste and food waste managementPackagingCustomer relationship managementHuman capital managementClimate changeEnergy management and GHG emissionsSocial impact on community and community developmentWater managementResponsible sourcingOccupational health servicesCorporate governance and business ethicsResponsible marketing and product labelingInnovationHuman rights