Indorama Ventures
Indorama Ventures Public Company Limited, commonly known as Indorama Ventures, is a leading player in the chemical and fertiliser minerals industry, headquartered in India. Founded in 1994, the company has established a strong presence in various operational regions, focusing on the production of essential mining and quarrying products, including salt and other minerals.
Indorama Ventures is renowned for its commitment to sustainability and innovation, offering a diverse range of core products that cater to both local and global markets. The company has achieved significant milestones, positioning itself as a key competitor in the industry, with notable achievements in operational efficiency and environmental stewardship. With a robust portfolio and a dedication to quality, Indorama Ventures continues to shape the future of the chemical and fertiliser sectors.
+7 vs industry average
Indorama Ventures’s score of 25 is higher than 55% 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
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Indorama Ventures's reported carbon emissions
Indorama Ventures, a prominent entity in the chemicals and mining sector headquartered in Thailand, has disclosed its carbon emissions and climate commitments across various reporting years. For 2024, Indorama Ventures reported total emissions of approximately 9.8 billion kg CO2e. This figure encompasses Scope 1 emissions of around 1.66 billion kg CO2e and Scope 2 emissions of approximately 260 million kg CO2e (market-based). Scope 3 emissions for the same year were reported at approximately 4.29 billion kg CO2e. In 2023, total emissions were approximately 9.6 billion kg CO2e, with Scope 1 emissions around 1.49 billion kg CO2e and Scope 2 emissions at about 237.6 million kg CO2e (market-based). Scope 3 emissions for 2023 totalled approximately 3.75 billion kg CO2e. The company's emissions data for 2022 stood at approximately 42.6 billion kg CO2e in total, comprising Scope 1 emissions of about 1.57 billion kg CO2e and Scope 2 emissions of approximately 2.53 billion kg CO2e (market-based). Scope 3 emissions were approximately 4.49 billion kg CO2e. For 2021, Indorama Ventures reported total emissions of approximately 32.8 billion kg CO2e, with Scope 1 and 2 emissions combined at roughly 9.83 billion kg CO2e (market-based). Scope 3 data was not fully disclosed for this year. In 2020, the company reported total emissions of approximately 35.2 billion kg CO2e, with Scope 1 emissions around 6.97 billion kg CO2e and Scope 2 emissions at approximately 2.56 billion kg CO2e (market-based). Scope 3 emissions for this year were approximately 22.08 billion kg CO2e for purchased goods and services, contributing significantly to the overall total. Indorama Ventures has established several climate targets, including a commitment to reduce combined Scope 1 and 2 GHG intensity by 10% by 2025 and by 30% by 2030, both from 2020 levels. Additionally, there is a target to reduce absolute emissions by 30% by 2030 from a 2020 baseline. The company is also committed to becoming a carbon-neutral entity by 2050. Some of these targets are cascaded from Indorama Ventures Public Company Limited.
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Indorama Ventures’s Climate Goals (2030 & 2050)
10 goals2030
30% reduction in Scope 1
Reduce emissions by 30% absolute by 2030 from 2020 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.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Indorama Ventures
Frequently asked questions
Common questions about Indorama Ventures’s sustainability data and climate commitments
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