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.
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.
Industry Benchmark
Indorama Ventures's score of 37 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Indorama Ventures's reported carbon emissions
In 2024, Indorama Ventures reported total greenhouse gas (GHG) emissions of approximately 9,570,300,000 kg CO2e, comprising 6,969,854,000 kg CO2e from Scope 1 and 2,600,446,000 kg CO2e from Scope 2 emissions. In 2023, the company recorded total emissions of about 9,478,190,000 kg CO2e, with Scope 1 emissions at 7,102,530,000 kg CO2e and Scope 2 emissions at 2,375,660,000 kg CO2e. The trend shows a slight decrease in emissions from 2023 to 2024. Indorama Ventures has set ambitious targets to reduce its GHG emissions intensity. The company aims for a 10% reduction in combined GHG emissions (Scope 1 and 2) by 2025 from 2020 levels and a further 30% reduction by 2030. Additionally, they are committed to achieving a reduction of 25% in GHG emissions per ton produced by 2030, targeting 0.35 tons CO2 per ton produced. The company has also joined the UN’s Net Zero Coalition Program, committing to become carbon neutral by 2050. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to climate action. Data for Indorama Ventures is cascaded from its parent company, Indorama Ventures Public Company Limited, which provides the overarching framework for emissions reporting and reduction initiatives. The company continues to focus on energy efficiency and sustainability practices to minimise its carbon footprint and contribute to a lower-carbon economy.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| 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 | 0,000,000,000 |
| Scope 3 | 15,659,000 | - | 00,000,000 | - | - | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions 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 not participating in any of the initiatives that 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.
