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 54% 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 2022, Indofood Agri Resources Ltd reported total carbon emissions of approximately 3.2 billion kg CO2e, comprising 1.5 billion kg CO2e from Scope 1, 333 million kg CO2e from Scope 2, and about 1.9 billion kg CO2e from Scope 3 emissions. The company has set reduction targets aimed at improving energy efficiency in its palm oil mills, with a goal to reduce energy consumption by 5% per tonne of Fresh Fruit Bunch (FFB) processed by 2018, using 2016 as a baseline. Additionally, it aimed to decrease water consumption per tonne of FFB processed by 3% in the same timeframe. Indofood Agri Resources Ltd's emissions data is cascaded from its parent company, reflecting its commitment to sustainability within the agricultural sector. The company has disclosed its emissions across all three scopes, demonstrating transparency in its climate impact. The focus on reducing energy and water consumption highlights its proactive approach to mitigating climate change effects and improving operational efficiency.
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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.
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