Climate Change
Importance
The escalating severity of climate change, it impacts the business sectors to face major challenges such as potential disruptions to supply chain, increased operating costs, and reduced yields from the nature that affect commodity prices, the business operations with suppliers, consumer purchasing power, and health issues from pollutions due to greenhouse gas emissions and resource consumptions.
Nevertheless, climate change also presents opportunities for Central Retail to develop sustainable practices, such as integrating innovations into supply chains, advancing environmentally friendly products, and fostering stakeholder collaborations to ensure transitioning to low-carbon economy. These efforts are aligned with the Paris Agreement, the United Nations Framework Convention on Climate Change (UNFCCC COP), and Thailand's Climate Change Act, which is currently being drafted.
Central Retail recognizes the urgency and importance of addressing climate change and, in response, has established clear commitment to reduce greenhouse gas emissions on Scope 1 and Scope 2 by 30% in year 2030, with the long-term goal to achieve Net Zero by year 2050. These targets drive the creation of shared value and ensure long-term sustainable growth.
Management Approach
Climate Governance
Central Retail has assigned the Corporate Governance and Sustainability Committee, Executive Management, the Environment Committee, and Sustainable Development Working Team to govern and manage climate change-related issues. Their responsibilities include deploying strategy and action plans, implementation, monitoring, and evaluation. Additionally, the Risk Policy Committee and the Risk Management Working Team are responsible for overseeing and managing climate-related risks. Central Retail ensures the agenda on climate change management take place at least annually.
| Corporate Governance and Sustainability Committee |
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| Risk Policy Committee (RPC) |
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| Executive Management |
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| Environment Committee |
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| Sustainable Development Working Team |
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| Risk Management Working Team |
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Remark: Central Retail oversees and monitors its operations through various committees and working groups, including Supply Chain Sustainability Committee, Information Technology Committee (ITC), IT Compliance Agent, and Human Rights Due Diligence Champions.
Climate Change Management Framework
Central Retail has established the ReNEW strategy to drive all business units toward achieving net-zero greenhouse gas emissions across the group by 2050 (Scope 1 and 2). To ensure compliance with national and international regulations, requirements, and standards, Central Retail has established a climate change management process aligned with frameworks including the Task Force on Climate-related Financial Disclosures (TCFD) and the IFRS S2 Climate-related Disclosures Standard. The approach encompasses policy and strategy development, risk and opportunity assessment, implementation, monitoring, evaluation, and reporting.
1. Policy and Strategy
Central Retail has set a short-term target to reduce greenhouse gas emissions by 30% by 2030 (Scope 1 and 2), and a long-term goal to achieve net-zero emissions by 2050 (Scope 1 and 2). To guide its efforts in emission reduction and climate change adaptation, Central Retail has developed the Decarbonization Roadmap. Additionally, the ReNEW Strategy, which serves as Central Retail’s environmental strategy, has been established to minimize environmental impacts from business operations while ensuring compliance with national and international laws, regulations, and standards.
2. Risk and Opportunity Assessment
Assessing climate-related risks and opportunities is a crucial process that enables Central Retail to prepare and adapt its strategies to evolving circumstances. Central Retail evaluates physical risks, such as floods, heatwaves, and increasingly severe natural disasters, as well as transition risks, including policy and regulatory changes and shifts in market behavior. Additionally, Central Retail identifies opportunities such as the development of green technologies, access to green financing, and changing consumer preferences toward sustainable products. Including analyzing potential impacts and developing appropriate response measures for Central Retail.
3. Implementation
Central Retail undertakes projects to effectively reduce greenhouse gas emissions, including investments in modern technologies and equipment to enhance energy efficiency, promoting the use of renewable energy such as solar power and electric trucks, and improving infrastructure to adapt to climate change. Additionally, Central Retail supports nature-based solutions through reforestation projects and sustainable agricultural land restoration in collaboration with local communities, such as agroforestry and regenerative agriculture, to reduce the impacts of climate change throughout the supply chain. Furthermore, Central Retail promotes energy conservation awareness by conducting employee trainings and fostering engagement with stakeholders, including partners, customers, and government entities, to drive continuous and sustainable collaborative efforts.
4. Monitoring, Evaluation, and Reporting
Central Retail collects and monitors greenhouse gas emissions data across Scope 1, 2, and 3, in accordance with Greenhouse Gas Protocol (GHG Protocol) standards. It also analyzes impacts and evaluates progress against targets. Additionally, Central Retail reports its climate management performance in line with international standards, such as the Task Force on Climate-related Financial Disclosures (TCFD) guidelines and the IFRS S2 climate-related disclosure standards.
Climate Report
Project Highlights
Solar Panel Installation for Malls and Distribution Centers
Central Retail is committed to driving the use of renewable energy and promoting sustainable, environmentally friendly business operations by installing solar panel on the roofs of shopping malls and distribution centers to help reduce greenhouse gas emissions and increase energy efficiency. In 2025, Central Retail continuously expand the use of renewable energy from solar cells, covering a total of 184 locations. In Thailand, solar cell systems were installed at 152 locations, covering business units including Robinson Lifestyle, Central Department Store, Robinson Department Store, Tops Supermarket, GO Wholesale, Thaiwatsadu, and distribution centers. In Vietnam, solar cell systems were installed at 32 locations, covering business units including GO!, mini go! Supermarket, and Lanchi Mart. As a result, Central Retail was able to produce up to 204,818 megawatt-hours of clean electricity. These operations helped reduce greenhouse gas emissions by 102,389 tCO2e and saved over 647 million Baht in energy costs per year.
Sustainable Transportation and Logistics
Central Retail promotes the use of clean energy electric vehicles in its logistics system to support the reduction of greenhouse gas emissions and elevate sustainable transportation by utilizing a total of 50 electric trucks, covering Central Department Store distribution centers, Tops distribution centers, and Thaiwatsadu distribution centers, along with 94 electric motorcycles and electric tricycles for distributing products from GO Wholesale centers to customers. By transitioning to electric vehicles across various units, Central Retail can reduce diesel consumption by 1,023,209 liters per year and reduce greenhouse gas emissions by up to 2,706 tCO2e . Additionally, Central Retail has expanded the use of electric vehicles in Robinson Lifestyle shopping centers by utilizing electric motorcycles for security patrols and traffic facilitation, as well as using electric passenger vehicles (golf carts) for customer service in parking lots. Alongside this, Central Retail supports the use of electric vehicles by employees and customers through the installation of EV Charging Stations across shopping centers and department stores in both Thailand and Vietnam. In 2025, Central Retail had a total of 69 EV charging stations, which can accommodate the simultaneous charging of 458 electric vehicles. These projects reflect Central Retail's commitment to supporting the use of clean energy, reducing pollution and greenhouse gas emissions, and driving sustainable travel to meet future trends and environmentally friendly lifestyles.
Performance Summary 2024
GHG Emissions
Scope 1 (tonnes CO2e)
Scope 2 (Location-Based / Market-Based) (tonnes CO2e / Baht)
Scope 3 (tonnes CO2e)
GHG Emissions Intensity (Scope 1 and 2) (tonnes CO2e/Baht)
- Data coverage in 2024 covers the business operations in Thailand Vietnam and Italy.
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Scope 3 Emissions Include:
- Indirect Greenhouse Gas Emissions from Purchased goods and services. (Emissions from the consumption of packaging materials and water usage.)
- Indirect Greenhouse Gas Emissions from Fuel and energy related activities.
- Indirect Greenhouse Gas Emissions from Upstream transportation and distribution.
- Indirect Greenhouse Gas Emissions from Waste generated in operations.
- Indirect Greenhouse Gas Emissions from Business travel.
- Indirect Greenhouse Gas Emissions from Employee commuting.
- Indirect Greenhouse Gas Emissions from Downstream transportation and distribution.
- Indirect Greenhouse Gas Emissions from Leased assets.
