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Indorama Ventures
Petrochemical ManufacturingIndiaPNK: INDOY
Last verified 6 days agoindoramaventures.com
Indorama Ventures, commonly referred to as IVL, is a leading global player in the petrochemical manufacturing industry, with its headquarters situated in India. The company operates across multiple regions, including Asia, Europe, and the Americas, serving a diverse range of markets worldwide. Founded in 2004, Indorama Ventures has established itself through strategic growth and innovation, specialising in the production of polyester fibres, plastics, and other petrochemical products.
Known for its commitment to sustainability and technological advancement, IVL’s core offerings include high-quality PET resins, fibres, and packaging solutions that meet stringent industry standards. The company’s market position is reinforced by its extensive manufacturing footprint and a reputation for reliability and innovation in the petrochemical sector.
43
DitchCarbon score
+21 vs industry average
Indorama Ventures’s score of 43 is higher than 100% 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
Very High
Petrochemical Manufacturing is among the most carbon-intensive industries
Industry performance
0.713
20182025
The Petrochemical Manufacturing industry has increased its overall emissions by 3% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Indorama Ventures's reported carbon emissions
Indorama Ventures, a petrochemical manufacturing company headquartered in IN, has reported its carbon emissions and set reduction targets.
In 2025, Indorama Ventures' total carbon emissions are projected to be approximately 36.47 billion kg CO2e. This includes Scope 1 emissions of about 6.12 billion kg CO2e, market-based Scope 2 emissions of approximately 2.47 billion kg CO2e, and Scope 3 emissions of around 27.88 billion kg CO2e. Key categories within Scope 3 include purchased goods and services at about 23.21 billion kg CO2e and downstream transportation and distribution at approximately 1.05 billion kg CO2e.
Looking back, in 2024, the company's Scope 1 emissions were approximately 6.97 billion kg CO2e, and Scope 2 (location-based) emissions were about 2.83 billion kg CO2e. For 2023, Scope 1 emissions were around 7.10 billion kg CO2e, with Scope 2 (location-based) at approximately 2.48 billion kg CO2e. In 2022, Scope 1 emissions were about 7.20 billion kg CO2e, and Scope 2 (location-based) emissions were approximately 2.61 billion kg CO2e. In 2021, the company reported Scope 1 emissions of around 7.21 billion kg CO2e, market-based Scope 2 emissions of about 2.62 billion kg CO2e, and various Scope 3 emissions including approximately 23.79 billion kg CO2e from purchased goods and services.
Indorama Ventures is committed to reducing its carbon footprint. The company has set several near-term intensity targets, aiming for a 10% reduction in combined Scope 1 and 2 market-based emissions intensity by 2025 from a 2020 base year, equivalent to an intensity of 0.5517 tonnes CO2e per tonne of production. Additionally, it targets a 30% reduction in combined Scope 1 and 2 GHG intensity by 2030 from 2020 levels. The company also has a long-term ambition to become carbon neutral by 2050 for Scope 1 and 2 emissions, with these commitments reflecting those cascaded from its ultimate parent, Indorama Ventures Public Company Limited. While Indorama Ventures PCL has previously committed to Science Based Targets initiative (SBTi) for near-term reduction, the latest data indicates that this commitment has been removed as of June 2022.
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Indorama Ventures’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Indorama Ventures6 days ago
43
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Frequently asked questions
Common questions about Indorama Ventures’s sustainability data and climate commitments
Indorama Ventures' total carbon emissions are projected to be approximately 36.5 billion kg CO2e for 2025. The largest share, around 27.9 billion kg CO2e, comes from Scope 3 emissions, primarily driven by purchased goods and services. Scope 1 emissions are estimated at about 6.1 billion kg CO2e, and Scope 2 market-based emissions are around 2.5 billion kg CO2e. These figures highlight the significant impact of the company's value chain on its overall carbon footprint, a critical consideration for its sustainability strategy in the petrochemical sector.
Data year: 2025
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