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Climate-Related Management Incentives

Climate Change

TCFD Report 2023

ThaiBev Physical Climate Risks Exposure
Management Level Type of Incentive Incentivized KPIs Detail
Chief Executive Officer (CEO) Monetary
  • Emission reduction
  • Water replenishment
ThaiBev sets Corporate KPIs that reflected our CEO, executive, and employee’s compensation. ThaiBev’s Corporate KPIs relating to Climate Strategy consist of GHG emissions reduction and Water Stewardship. We define and categorize the criteria for achieving Corporate KPIs into 5-level. Compensation & bonus will be allocated to relevant executives & employees, with related targets including:
  • Net zero emission by 2050 (scope 1 and scope 2)
  • 100% water replenish by 2040 (water used in finished goods)
Executives Officers Monetary
  • Emission reduction
  • Water efficiency
  • Waste management
ThaiBev sets Corporate KPIs that reflected our CEO, executive and employee compensation. ThaiBev’s Corporate KPIs relating to Climate Strategy consist of GHG emissions reduction, Water Stewardship, and Waste Management. We define and categorize the criteria for achieving Corporate KPIs into 5-level. Compensation & bonus will be allocated to relevant executives & employees, with related targets including:
  • 42% reduction of GHG emissions in scopes 1 and 2 by 2030 compared to 2023
  • 7% reduction of water intensity by 2030 compare to 2023
  • Zero Waste to Landfill: By 2040 to reduce waste to landfill by 100%.
Business Unit Managers Monetary
  • Emission reduction
  • Water efficiency
  • Waste management
ThaiBev sets Corporate KPIs that reflected our CEO, executive and employee compensation. ThaiBev’s Corporate KPIs relating to Climate Strategy consist of GHG emissions reduction, Water Stewardship, and Waste Management. We define and categorize the criteria for achieving Corporate KPIs into 5-level. Compensation & bonus will be allocated to relevant executives & employees, with related targets including:
  • 42% reduction of GHG emissions in scopes 1 and 2 by 2030 compared to 2023
  • 7% reduction of water intensity by 2030 compare to 2023
  • Zero Waste to Landfill: By 2040 to reduce waste to landfill by 100%.