Indorama Ventures Public Company Limited, commonly known as Indorama Ventures, is a leading global player in the petrochemical industry, headquartered in India. Founded in 1994, the company has established a strong presence across major operational regions, including Asia, Europe, and the Americas. Specialising in the production of polyester, PET resins, and other related products, Indorama Ventures is recognised for its commitment to sustainability and innovation. The company has achieved significant milestones, including becoming one of the largest producers of PET globally, which underscores its market position and dedication to quality. With a diverse portfolio that includes fibres, packaging, and industrial products, Indorama Ventures stands out for its focus on environmentally friendly practices and advanced technologies, making it a key player in the evolving petrochemical landscape.
How does Indorama Ventures's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Indorama Ventures's score of 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Indorama Ventures reported total greenhouse gas emissions of approximately 18,187,600,000 kg CO2e, with emissions distributed across various scopes: 7,035,992,000 kg CO2e (Scope 1), 2,409,061,000 kg CO2e (Scope 2), and 7,866,108,130 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 9,445,053,000 kg CO2e. The company has set ambitious climate commitments, including a target to reduce greenhouse gas emissions intensity by 10% by 2025 from 2020 levels for both Scope 1 and 2 emissions. Additionally, they aim for a 30% reduction in GHG intensity by 2030 from 2020 levels. Indorama Ventures has also committed to achieving net-zero emissions for Scope 1 and 2 by 2030, as part of their participation in the UN’s Net Zero Coalition Program. Indorama Ventures is focused on enhancing energy efficiency and implementing diverse energy-saving initiatives to support their long-term goal of becoming a carbon-neutral company by 2050. The company’s efforts reflect a commitment to reducing their carbon footprint and contributing to a lower-carbon economy.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,568,321,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,161,667,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 15,659,000 | - | 00,000,000 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Indorama Ventures is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.