The global boiling, unpredictable weather patterns, frequent natural disasters, and resource scarcity severely impact the environmental, social, and economic dimensions worldwide. Every sector across the globe is urgently collaborating to address this crisis. SCG, a leading conglomerate in ASEAN and entering its 111th year of stable growth, recognizes the importance of responsible business practices. It is elevating its operations by integrating sustainable development strategies in line with the United Nations’ Sustainable Development Goals (SDGs) through the “ESG 4 Plus” approach, emphasizing Net Zero – Go Green – Reduce Inequality – Enhance Collaboration Plus Trust through Transparency.
SCG is committed to achieving Net Zero greenhouse gas emissions (Scope 1 and 2) by 2050. Each business unit, including SCG Cement and Green Solutions, SCG Smart Living, SCG Decor (SCGD), SCG Distribution and Retail Business, SCGP, SCG Chemicals (SCGC), and SCG Cleanergy, along with other investment ventures, is increasing the use of low-carbon energy and strategically implementing this approach to facilitate the transition to a Net Zero Society. Leveraging innovations and collaborations with Open Innovation and utilizing expertise from business operations, SCG aims to develop low-carbon solutions (Decarbonization) to meet the demands of the ASEAN market and the world.
SCG has been recognized by leading global institutions as a leader in sustainability, achieving the position of a company assessed within the top 1% with the highest scores in the construction materials industry group, according to the Corporate Sustainability Assessment (CSA) by S&P Global. It has also earned the ESG Industry Top Rated status, ranking first out of 125 companies worldwide in the industrial conglomerates’ category from Morningstar Sustainalytics, and the AA (Leader) level in construction materials by Morgan Stanley Capital International (MSCI). This success reflects the dedication of SCG and its business partners, who share the common goal of accelerating the development of cost-competitive, low-carbon innovations into reality. This initiative aims to improve the quality of life for people on the shared planet without leaving anyone behind, leading to robust, sustainable business growth as promised in SCG’s pledge, “Passion for Better.”
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