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.
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 87% 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 also disclosed significant Scope 3 emissions, amounting to around 7,866,108,130 kg CO2e, indicating a substantial impact from its value chain activities. Indorama Ventures has made commitments to reduce its carbon footprint, although specific near-term reduction targets have been removed. The company is not currently committed to a net-zero target. However, it has been actively involved in climate initiatives, reflecting its awareness of the need for sustainability in the chemicals sector. The company’s emissions data shows a trend of increasing emissions over the years, with a peak in 2019 at approximately 7,089,441,000 kg CO2e. This highlights the ongoing challenge of managing emissions in a growing business environment. Indorama Ventures continues to explore strategies to enhance its sustainability practices and reduce its overall carbon emissions.
Access structured emissions data, company-specific emission factors, and source documents
2011 | 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.