Indofood Agri Resources Ltd
Indofood Agri Resources Ltd, a prominent player in the agribusiness sector, is headquartered in Singapore and operates extensively across Indonesia and other key regions. Founded in 2004, the company has established itself as a leader in the production of palm oil, rubber, and other agricultural commodities, contributing significantly to the global food supply chain.
With a diverse portfolio that includes edible oils, packaged food, and agribusiness services, Indofood Agri Resources stands out for its commitment to sustainable practices and innovation. The company has achieved notable milestones, including certifications for sustainable palm oil production, reinforcing its market position as a responsible industry leader. Through its strategic focus on quality and sustainability, Indofood Agri Resources Ltd continues to shape the future of the agribusiness landscape.
-10 vs industry average
Indofood Agri Resources Ltd’s score of 26 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Indofood Agri Resources Ltd's reported carbon emissions
In 2022, Indofood Agri Resources Ltd, headquartered in Singapore, reported total carbon emissions of approximately 8,000,000 kg CO2e. This figure comprises 7,000,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 1,000,000 kg CO2e from Scope 2 emissions related to purchased electricity. Notably, the company has not disclosed any Scope 3 emissions data. Indofood Agri has set specific reduction targets aimed at improving energy efficiency in its operations. By 2018, the company aimed to reduce energy consumption in palm oil mills by 5% and in refineries by 3%, using 2016 as the baseline year. These targets reflect a commitment to enhancing sustainability within its operations. The emissions data is cascaded from Indofood Agri Resources Ltd., which is a current subsidiary, and the company actively participates in various climate initiatives, although specific SBTi targets have not been reported. Overall, Indofood Agri Resources Ltd is focused on reducing its carbon footprint while maintaining operational efficiency in the palm oil sector.
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Indofood Agri Resources Ltd’s Climate Goals (2030 & 2050)
4 goals2018
5% reduction in Scope 1
by 2018: reduce energy consumption in palm oil mills and refineries by 5% and 3% respectively (2016 baseline)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Indofood Agri Resources Ltd
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