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 North America. Specialising in the production of polyester, PET resins, and other related products, Indorama Ventures is renowned 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 operational excellence. With a diverse portfolio that includes fibres, packaging, and industrial products, Indorama Ventures continues to set industry standards through its unique offerings and dedication to quality, making it a key player in the global petrochemical landscape.
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.
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.
Indorama Ventures's score of 24 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Indorama Ventures reported total carbon emissions of approximately 181,876,000 kg CO2e, with Scope 1 emissions at about 99,317,000 kg CO2e and Scope 2 emissions at approximately 82,559,000 kg CO2e. The company has not set a net-zero target and has removed its near-term reduction targets as of June 2022. However, it remains committed to reducing its carbon footprint within the chemicals sector. Historically, the company has shown significant emissions, with total emissions reaching about 5,528,000,000 kg CO2e in 2017. The emissions data indicates a trend of fluctuating emissions over the years, with a peak in 2016 at approximately 5,089,356,000 kg CO2e. Indorama Ventures has disclosed emissions across Scopes 1, 2, and 3, with Scope 3 emissions reported at approximately 7,866,108,130 kg CO2e in 2023, highlighting the importance of addressing indirect emissions in their climate strategy. The company has not established specific reduction targets but continues to monitor and report its emissions as part of its commitment to sustainability in the chemicals industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 00,000,000 | 00,000,000 | 00,000,000 |
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 |
Scope 3 | 15,659,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 committed to some reduction initiatives 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.