Energy Management
Goal and Performance Highlights
Performance
Goal
Performance
Goal
Challenges and Opportunities
In a world where energy consumption plays a critical role in both business and environmental sustainability, Central Pattana Public Company Limited is committed to managing energy efficiently. However, the Company faces several challenges, including limited rooftop space for solar panel installations, the complexity of energy regulations, and the difficulty of aligning energy-saving projects with building development plans. Additionally, the expansion of shopping centers and increasing shopper footfall have contributed to higher energy demand, necessitating innovative solutions that reduce energy usage without compromising customer experience. Investment in green technologies also presents initial cost burdens and requires tenant collaboration to ensure consistent energy-saving practices across operations.
Nonetheless, Central Pattana recognizes that every challenge presents an opportunity. The Company views energy efficiency not only as a cost-saving mechanism but also as a key contributor to long-term sustainability. The adoption of renewable energy solutions—such as floating solar panels, Building Integrated Photovoltaics (BIPV), and solar films—reduces greenhouse gas emissions while strengthening energy security. Moreover, the growing role of digital technology enables more accurate monitoring and management of energy consumption. CPN also encourages employee involvement in energy innovation through the Dream Team project, fostering a culture of shared responsibility.
The transition to clean energy is not solely a business initiative—it is a critical step toward a sustainable future.
Central Pattana remains committed to balancing organizational growth with environmental stewardship, ensuring that every step taken delivers shared value to society and the planet.
Management Approach and Value Creation
As climate change becomes an urgent global challenge, Central Pattana Public Company Limited is determined to be part of the solution through effective energy use to mitigate environmental impact and build resilience. The Company has adopted strategies to increase the use of renewable electricity and improve energy efficiency across all operational processes. Central Pattana applies the Carbon Footprint for Organization (CFO) framework to assess its greenhouse gas emissions and adheres to ISO 14064-1 to ensure accurate evaluation and verification of its organizational carbon footprint.
The Company’s energy goals are clearly integrated into its sustainability strategy under the Better Planet pillar—one of its three core strategies: Better People, Better Planet, and Strong Governance. Strategic targets for reducing energy consumption and increasing the share of renewable energy are well-defined, accompanied by key performance indicators (KPIs) that are regularly reported to the Corporate Governance and Sustainability Development Committee.
In addition, Central Pattana assesses energy- and climate-related risks and opportunities through a Double Materiality Assessment process. This strengthens its understanding of long-term risks and enhances the Company's capacity to adapt strategies in response to external environmental changes.
Enhancing Energy Efficiency
Energy is a key driver of Central Pattana Public Company Limited’s business operations. As such, improving energy efficiency lies at the heart of its sustainability strategy. The Company has implemented a comprehensive energy efficiency master plan focusing on infrastructure upgrades across shopping centers, office buildings, and mixed-use projects to ensure the most efficient use of energy. Air conditioning systems have been upgraded with AI and IoT technologies to optimize energy use in cooling systems, such as Chiller Plant Management, significantly reducing energy consumption. All lighting in shopping centers has been converted to LED, leading to a 30–50% reduction in energy use. Additionally, smart sensors—including automatic lighting controls and intelligent energy management systems—have been installed to reduce energy consumption during off-peak hours. Green building standards such as LEED (Leadership in Energy & Environmental Design) have also been adopted in new building designs to enhance energy efficiency and lower greenhouse gas emissions.
All lighting in shopping centers has been converted to LED, leading to a 30-50%
Promoting Renewable Energy
The use of renewable energy is a core strategy for Central Pattana to reduce dependence on fossil fuels and lower greenhouse gas emissions. The Company has installed solar panels on shopping center rooftops, parking areas, and mixed-use buildings, enabling the generation of tens of thousands of megawatt-hours of solar energy annually. Furthermore, the Company has piloted Solar Floating projects—floating solar panel systems deployed on suitable water surfaces—to maximize land use efficiency. It is also developing integrated renewable energy projects in collaboration with strategic partners to manage energy production and optimize the use of renewable power.
Installed solar panels on rooftops and buildings
Leveraging Digital Technology for Energy Management
Central Pattana has embraced digital and automated technologies, such as AI and IoT, to enhance energy efficiency. A centralized energy management platform has been developed, allowing real-time monitoring and control of energy consumption. The Company also launched the SERVE application for tenants, enabling stores and commercial tenants to track and optimize their own energy usage effectively. Additionally, the Energy Management Information System (EMIS) has been deployed to analyze energy consumption data across buildings, supporting precise and continuous improvements in energy performance.
Launched SERVE app for tenants to monitor and manage energy use
Fostering and Energy-conscious Organizational Culture
Central Pattana believes that people are the driving force behind sustainability. Cultivating a culture that values energy and environmental responsibility is one of the Company’s core goals. Through the Dream Team project, employees are encouraged to propose ideas that improve energy efficiency in business operations. The Green Partnership initiative fosters collaboration with tenants and partners to promote efficient energy use and reduce greenhouse gas emissions. The Company also organizes training sessions and awareness-building activities to instill energy-conscious mindsets among employees, tenants, and customers—ensuring that sustainable energy practices become a shared responsibility across all stakeholders.
Green Partnership collaborates to reduce energy use
Energy and Environmental Goals: Advancing Toward Net Zero by 2050
Central Pattana Public Company Limited has set a clear goal to become a Net Zero Emissions organization by 2050. The Company has also established ambitious medium-term targets, including a 50% reduction in energy consumption by 2030 (compared to the 2019 baseline) and achieving 100% renewable energy use by 2050. Additional goals include a 20% reduction in electricity consumption per area by 2025 and a 20% reduction in greenhouse gas emissions per area by 2025, all aligned with the Company’s climate policy and broader sustainability objectives.
Reduce energy consumption by 50% by 2030
To achieve these targets with tangible outcomes, Central Pattana is actively developing a long-term Net Zero Pathway, which includes enhancing energy efficiency, expanding the use of renewable energy, and reducing carbon emissions across the value chain. The Company is also in the process of aligning its roadmap with the Science Based Targets initiative (SBTi) criteria for the real estate sector and aims to submit its targets for official SBTi validation by 2025. This will enhance global credibility and ensure that the Company’s decarbonization pathway is aligned with the global goal of limiting temperature rise to no more than 1.5°C.
In 2024, the Company exceeded its greenhouse gas reduction target by 17%, thanks to a wide range of integrated measures including: green building designs, adoption of clean energy, waste management improvements, installation of electric vehicle (EV) charging stations, and hosting Net Zero events. To expand engagement across the business ecosystem, the Company also launched the Green Partnership Initiative, encouraging over 2,250 retail stores from 165 brands within its shopping centers to participate. The initiative is expected to reduce more than 700 tons of CO₂ emissions annually.
To further enhance transparency and broaden its environmental management toolkit, the Company procured 1,200 I-REC certificates (MWh) to offset electricity consumption at its headquarters. This reflects Central Pattana’s commitment to achieving its Net Zero ambition through effective, transparent, and verifiable approaches.
Stakeholders Directly Impacted
Tenants and Lessees (Retail and Offices) and Residential Customers
Employees
Customers
Suppliers and business partners
Communities / Community representatives including regulators and government bodies, academia and independent organizations
Shareholders
