The increasing demand for energy in combination with a greater awareness for our environmental impact have encouraged the development of sustainable energy sources, including materials for energy storage. Latent heat thermal energy storage by the use of phase change material (PCM) have become an area of great interest. It is a reliable and efficient way to reduce energy consumption. PCMs store and release latent heat, which means that the material can absorb the excess of heat energy, save it and release it when needed. By introducing soy wax as a biobased PCM and apply it on textile, one can achieve a thermoregulation material to be used in buildings and smart textiles. By replacing the present most used PCM, paraffin, with soy wax one cannot only decrease the use of fossil fuel, but also achieve a less flammable material. The performance of soy wax PCM applied on a textile fabric have not yet been investigated but can be a step towards a more sustainable energy consumption. The soy wax may also broaden the application for PCM due to its low flammability. The aim is to develop an environmental friendly latent heat thermal energy storage material to be used within numerous application fields.