Indofood Agri Resources Ltd Sustainability Profile
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.
DitchCarbon Score
How does Indofood Agri Resources Ltd'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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Industry Benchmark
Indofood Agri Resources Ltd's score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indofood Agri Resources Ltd's reported carbon emissions
In 2023, Indofood Agri Resources Ltd reported direct emissions of approximately 1,620,000 kg CO2e from palm product production, with additional emissions of about 1,320,000 kg CO2e from estate peat and 280,000 kg CO2e from mill methane. These emissions fall under Scope 1, which includes direct emissions from owned or controlled sources. For the previous year, 2022, the company disclosed total emissions of approximately 1,509,500,000 kg CO2e for Scope 1, 333,000,000 kg CO2e for Scope 2, and 1,887,280,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services, which accounted for about 6,728,021,000 kg CO2e. Indofood Agri has set reduction targets aimed at improving operational efficiency. By 2018, the company aimed to reduce water consumption per tonne of fresh fruit bunch (FFB) processed by 3% and energy consumption per tonne of FFB processed by 5%, both based on 2016 levels. These initiatives reflect the company's commitment to sustainability and resource efficiency. The emissions data is cascaded from Indofood Agri Resources Ltd, which operates as a current subsidiary within a corporate family structure. The company has not reported any Science-Based Targets Initiative (SBTi) targets, indicating a potential area for future commitment.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 82,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 35,000,000 | 0,000,000,000 | 0,000,000,000 |
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Indofood Agri Resources Ltd's Scope 3 Categories Breakdown
Indofood Agri Resources Ltd's Scope 3 emissions, which decreased by 1% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 356% of Scope 3 emissions.
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Indofood Agri Resources Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Indofood Agri Resources Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
