C.P. Group Unites All Business Units for the “C.P. GROUP Carbon Neutral 2030” Workshop - Emphasizing Clear Roadmaps and Real Action Toward Achieving Carbon Neutrality by 2030

On 15 August 2025, Charoen Pokphand Group hosted a “Carbon Neutral Workshop” at True Digital Park, gathering participation from every business unit within the Group, alongside leading Thai environmental experts and academics. The workshop aimed to formulate strategic plans toward the goal of carbon neutrality by 2030. Representatives from each business unit presented their greenhouse gas reduction plans and received academic feedback and practical implementation guidance. This highlighted the Group’s strong commitment and collaborative effort to drive clean energy innovation, advanced technology adoption, and environmentally friendly operations. The workshop reinforced CP Group’s leadership in sustainability and its commitment to advancing a future that balances business growth with environmental responsibility. More than 100 executives from the Group and its subsidiaries attended, led by Dr. Teerapon Tanomsakyut, Chief Sustainability and Strategy Officer of Charoen Pokphand Group; Mr. Jomkitti Sirikul, Executive Vice President of Sustainability Development, Government and Public Affairs; Mr. Somjettana Passakanon, Senior Vice President of Sustainability; Ms. Malee Uthaikitsap, Vice President at CP All Public Company Limited; Dr. Natchanok Wipatasilpin, Head of Strategy at True Corporation Public Company Limited; Ms. Siriporn Dechsingha, Chief Sustainability and Corporate Communications Officer at CP AXTRA Public Company Limited; and other senior sustainability executives.

Dr. Teerapon Tanomsakyut, Chief Sustainability and Strategy Officer of Charoen Pokphand Group, stated that achieving carbon neutrality by 2030 is a formidable challenge, as the business must continue to grow in parallel. Therefore, the organization requires a clear and serious strategic direction. Under the leadership of Mr. Suphachai Chearavanont, Chairman of the Executive Committee, all business units have united to move forward in the same direction, in alignment with Thailand’s international climate commitments.

Dr. Teerapon continued by affirming that CP Group is a leader in technology and innovation in providing food for people, food for thought, access to opportunities, health, and well-being. The Group has established 15 Sustainability Goals, with three primary goals being: 1) achieving Carbon Neutral by 2030 and Net Zero by 2050; 2) Zero Waste and Sustainable Packaging; and 3) reducing inequality, especially by providing access to education for at least 50 million people.

CP Group’s greenhouse gas emissions in 2024 covered Scope 1, Scope 2, and Scope 3. For Scope 1 and 2, the Group targets a reduction from 6.43 million tonnes to 3.73 million tonnes by 2030. Scope 3 emissions, which cover the entire business value chain, currently stand at 34 million tonnes, with a target to reduce to 25.69 million tonnes.

“Today, we see real and meaningful action from all business units under the Group. Whether it's through transforming production processes, adopting clean technologies, or working with suppliers in the value chain, these efforts have led to tangible reductions in greenhouse gas emissions. These aren't just numbers—they are proof that the Carbon Neutral 2030 goal is truly possible when we work together,” said Dr. Teerapon

CP Group’s approach to reducing emissions is based on three key areas: 1) using 50% renewable energy, including 3 GW of solar PV, 15 million gigajoules of biomass, and 5 million gigajoules of biogas; 2) improving energy efficiency by 20% through combined heat and power systems, high-efficiency motors, and automation; and 3) reforestation and forest conservation, phasing out coal usage, and accelerating large-scale clean energy projects.

Ms. Jiranee Janrunguthai, Head of Global Net-Zero at Charoen Pokphand Foods Public Company Limited (CPF), revealed that CPF’s greenhouse gas reduction targets were approved by the Science Based Targets initiative (SBTi) in July 2023 and were publicly announced in August of the same year. CPF has committed to reporting annual progress.

For short-term targets by 2030, CPF aims to reduce emissions from energy use by 42% and emissions from land-use change and management by 30.3%. For long-term targets by 2050, CPF aims to reduce energy-related emissions by 90% and land-use-related emissions by 72%. These targets include Scope 1, Scope 2, and Scope 3 emissions, with Scope 3—primarily from the supply chain—accounting for more than 70% of total emissions.

Ms. Jiranee explained that the implementation must align with the FLAG (Forest, Land and Agriculture Guidance) standard, which emphasizes land-use change as a key factor in reducing emissions. CPF has therefore introduced measures such as sourcing raw materials from deforestation-free areas, installing solar power systems, using environmentally friendly animal feed, and transitioning to cleaner fuels.

CPF has established four key strategies, referred to as the “4 Intelligences,” to drive its climate goals: sustainable sourcing, renewable energy use, application of technology in production processes, and collaboration with network partners across sectors.

Mr. Liu Yihua and Ms. Feng Nan, representatives from CP Group’s business in China, stated that their sustainability efforts align with the Group’s Sustainable Development Goals. Over the past four years, they have successfully reduced greenhouse gas emissions by 32.38% and continue to implement several strategies to achieve further reductions.

A key initiative is the adoption of clean energy. All 19 farms have now installed solar panel systems, with further expansion underway in partnership with Altervim, aiming to generate over 1,221 megawatts of power. Some facilities have also improved their production processes to reduce emissions from egg production—for example, replacing stickers with laser-printed labels on eggshells, optimizing refrigeration systems, and controlling boiler temperatures and condensation levels—leading to over 30,000 tonnes of CO₂ reductions annually, along with operational cost savings.

In terms of green innovation, the China business units have developed solar thermal storage tanks for steam boilers, reducing emissions by approximately 20 tonnes per year. They also use biogas fuel and promote regenerative agriculture. Furthermore, they are driving their factories to meet “Green Factory” standards under national policy, which includes energy efficiency and sustainable waste management. Should China develop a carbon credit market, the business units are ready to participate to reinforce their carbon reduction efforts.

Mr. Akom Atsang, Senior General Manager at CP All Public Company Limited, shared that CP All is targeting carbon neutrality by 2030 in line with the Group’s overall goals. In 2024, CP All’s emissions totaled 1.29 million tonnes of CO₂ equivalent, while in the first half of 2025, emissions reached 0.77 million tonnes. Full-year projections estimate up to 1.4 million tonnes—an immense challenge due to the extensive store network and the fact that over 97% of emissions come from electricity consumption, necessitating an urgent shift to clean energy.

Following close collaboration with the Group, CP All has developed a strategic plan to reduce emissions by 25,000–30,000 tonnes of CO₂ equivalent per year, with further potential to reduce up to 80,000–90,000 tonnes under new strategies. This plan includes enhancing energy efficiency by 6%, cutting energy waste by 4%, increasing clean energy usage by 4%, reducing refrigerant leaks by 13%, and covering the remaining 73% through carbon credits and other alternatives.

In summary, CP All’s 2030 carbon neutrality target involves reducing emissions by 484,207 tonnes of CO₂ equivalent (27%), decreasing fossil fuel energy use by 596 GWh, and offsetting 1,292,685 tonnes of CO₂ equivalent through carbon credits (73%).

Mr. Weerasak Pongtanyavichai, Head of the Innovation Center at True Corporation Public Company Limited, noted that while Scope 1 emissions are minimal, most of True’s emissions come from Scope 2. Last year, True achieved its GHG reduction target. Going forward, the main focus is on reducing electricity consumption across its 30,000–50,000 telecom towers nationwide. This will be accomplished by improving tower energy efficiency, installing solar panels in collaboration with Altervim—already completed at over 10,000 sites—and developing more efficient power generators to cut fuel use and carbon emissions.

True has also established the Business and Network Intelligence Center (BNIC) to enhance energy efficiency and systematically minimize energy waste. For Scope 3, True aims to work with suppliers to reduce emissions by 25% by 2030. Mr. Weerasak emphasized that cooperation with suppliers is essential for achieving sustainable carbon reduction.

Dr. Anan Watcharapongwinich, Head of the Climate Resilience Taskforce at CP AXTRA Public Company Limited, commented that wholesale and retail businesses face major energy-related challenges due to their large-scale operations. Like CP All, rooftop solar adoption is a key strategy to reduce emissions.

In 2024 and 2025, Makro and Lotus’s have continuously reduced their emissions through renewable energy use, energy efficiency improvements, and adoption of high-performance equipment such as automated systems and AI. Looking ahead, the goal is for renewable energy to comprise 31% of total energy use by 2030 and 87.6% by 2050. Achieving these targets will require advanced technologies and the development of alternative energy sources. CP AXTRA is working with True Corporation on an energy monitoring project using AI to optimize energy use, such as temperature control inside and outside buildings. In the future, battery energy storage systems (BESS) and Underground Gasification Technology (UGT) are expected to support sustainable energy management.

Mr. Somboon Lertsuwanroj, CEO of Altervim Company Limited, highlighted rising electricity demand across CP Group businesses—currently at approximately 10.6 billion units and projected to grow nearly 7% to 15 billion units. This presents significant energy and carbon challenges, reinforcing the need to accelerate the shift to renewable energy and reduce carbon-intensive energy consumption. The Group aims for more than 55% of energy use to come from clean energy by 2030 to support its Carbon Neutral goal and minimize long-term environmental impacts.

Altervim has developed a clear operational roadmap, starting with a focus on solar power generation, followed by energy-saving technologies and Offsite Generation (TPA-Direct PPA) projects. In the long term, the company plans to explore small modular nuclear reactors (SMRs). To date, Altervim has installed solar power systems across business units both in Thailand and abroad and is continuing to expand these efforts. It is also implementing biomass projects to generate green energy that reduces environmental impacts. Altervim supports private-sector Direct PPA policies to promote renewable energy use and business sustainability.

Mr. Warasit Sithivichai, Chief Operating Officer of the Integrated Crop Business in Myanmar and Carbon Credit Business, noted that his business group is pursuing short-term targets for 2030 through carbon credit initiatives. In Thailand, these include 120,000 rai of Alternate Wetting and Drying rice paddies, 200,000 rai of regenerative agriculture in rubber plantations in the northeast, and 500,000 rai of perennial and rubber tree plantations. In Myanmar, nearly 200,000 rai are under Alternate Wetting and Drying rice cultivation. In total, these projects are projected to generate 3.54 million tonnes of carbon credits—although some are still undergoing validation.

The business group adheres to international standards such as the Gold Standard for the Global Goals, Verified Carbon Standard, T-Ver, and Premium T-Ver. For rice and rubber, international standards like Verra and Gold Standard—renowned for their environmental and social co-benefits—are applied.

At the same time, external sustainability experts were invited to provide feedback on each business unit’s plan. Asst. Prof. Dr. Aronong Lapborisut, Faculty of Environment and Sustainability, Chulalongkorn University, noted that every business unit shows dedication and a systematic approach. Particularly in agriculture, which presents complex data collection challenges, the use of technology and innovation ensures that data is not only captured but used effectively for forecasting, resource planning, and engineering or scientific development. She stressed that meaningful private-sector engagement will facilitate national progress and inspire broader public participation.

Mr. Nakarin Homdee, Industry Expert, Development and Knowledge Management Division, Thai–Japanese Technology Institute, said he observed strong determination across business units. Many have received SBTi certification and have set foundational targets for collecting and analyzing Scope 1, 2, and 3 emissions—an essential basis for systematic reduction planning. He added that as global business trends shift, especially with Germany already implementing Industry 5.0 for sustainability, Thailand and CP Group can adapt similar models.

Assoc. Prof. Dr. Kriangsak Phanuratwanit, Director of the Sirindhorn International Institute of Technology (SIIT), Thammasat University, commented that CP Group’s goals for Carbon Neutrality by 2030 and Net Zero by 2050 are indeed challenging, especially given the diverse nature of its business units. However, a shared strength across all units is their genuine commitment. Progress on Scope 1 and 2 reductions is already visible, while Scope 3—covering the entire supply chain—remains an ongoing challenge. Business units utilizing AI, IoT, and Carbon Capture technologies can serve as models for others. Overall, the private sector must adapt swiftly, with government policy support enabling these carbon goals to be sustainably achieved.

Finally, Assoc. Prof. Dr. Shinthan Areeprasert, Head of the Energy and Environmental Engineering Center at Kasetsart University, praised CP Group’s determination to pursue Carbon Neutral and Net Zero goals. He stated that although each business differs, the application of innovation and technology—such as solar, biomass, AI, and IoT—can significantly accelerate and enhance greenhouse gas reduction.