Public Profile

Indorama Ventures

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.

DitchCarbon Score

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.

24

Industry Average

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.

7

Industry Benchmark

Indorama Ventures's score of 24 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Indorama Ventures's reported carbon emissions

In 2023, Indorama Ventures reported total carbon emissions of approximately 181,876,000 kg CO2e, with Scope 1 emissions at about 99,317,000 kg CO2e and Scope 2 emissions at approximately 82,559,000 kg CO2e. The company also disclosed significant Scope 3 emissions, amounting to approximately 7,866,108,130 kg CO2e, indicating a comprehensive approach to understanding its carbon footprint across all scopes. Indorama Ventures has committed to near-term emissions reduction targets, although specific numerical targets have not been disclosed. The company is not currently committed to a net-zero target. Their emissions intensity for Scope 1 and 2 combined is reported at approximately 303 kg CO2e per tonne of production, reflecting their ongoing efforts to improve operational efficiency and reduce greenhouse gas emissions. Historically, the company has shown fluctuations in emissions, with total emissions peaking at approximately 5,528,000,000 kg CO2e in 2017. The company continues to engage in initiatives aimed at reducing its carbon footprint, aligning with industry standards for climate action.

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2011201220132014201520162017201820192020202120222023
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
00,000,000
00,000,000
00,000,000
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
00,000,000
00,000,000
00,000,000
00,000,000
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Indorama Ventures's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Indorama Ventures is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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