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 55 is higher than 97% 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 emissions of approximately 16,448,044,000 kg CO2e, comprising 6,969,854,000 kg CO2e from Scope 1, 9,478,190,000 kg CO2e from Scope 2, and 9,478,190,000 kg CO2e from Scope 3 emissions. In 2023, the total emissions were about 16,832,654,000 kg CO2e, with Scope 1 emissions at 7,102,530,000 kg CO2e, Scope 2 at 9,730,124,000 kg CO2e, and Scope 3 at 9,803,962,000 kg CO2e. Indorama Ventures has set ambitious climate commitments, including a target to reduce greenhouse gas emissions intensity by 10% by 2025 from 2020 levels for both Scope 1 and Scope 2 emissions. Additionally, they aim for a 30% reduction in GHG intensity by 2030 from 2020 levels. The company has also committed to achieving net-zero emissions by 2050, with interim targets to reduce emissions per ton produced by 25% by 2030. The company is actively participating in the UN’s Net Zero Coalition Program, reinforcing its commitment to sustainability and energy efficiency initiatives across its operations. Indorama Ventures continues to focus on reducing its carbon footprint while enhancing its competitive edge in the chemicals sector.
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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 | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
