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OrganisationsIndorama Ventures
Indorama Ventures logo

Indorama Ventures

Salt and Mineral MiningIndiaPNK: INDOY
Last verified 4 months agoindoramaventures.com

Indorama Ventures Public Company Limited, commonly known as Indorama Ventures, is a leading player in the chemical and fertiliser minerals industry, headquartered in India. Founded in 1994, the company has established a strong presence in various operational regions, focusing on the production of essential mining and quarrying products, including salt and other minerals.

Indorama Ventures is renowned for its commitment to sustainability and innovation, offering a diverse range of core products that cater to both local and global markets. The company has achieved significant milestones, positioning itself as a key competitor in the industry, with notable achievements in operational efficiency and environmental stewardship. With a robust portfolio and a dedication to quality, Indorama Ventures continues to shape the future of the chemical and fertiliser sectors.

26
DitchCarbon score

+7 vs industry average

Indorama Ventures’s score of 26 is higher than 56% 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

High

Salt and Mineral Mining has above-average carbon intensity

Industry performance

0.437
20182025

The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B0.0B0

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20202021202220232024202520262027

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, headquartered in IN, reported total emissions of approximately 9.8 billion kg CO2e in 2024. This figure comprises approximately 1.66 billion kg CO2e from Scope 1, approximately 2.60 billion kg CO2e from Scope 2 (market-based), and approximately 4.29 billion kg CO2e from Scope 3 emissions. The company's Scope 1 and 2 emissions intensity for 2024 was approximately 0.60 tonnes CO2e per unit of revenue.

In 2023, Indorama Ventures' total emissions were approximately 9.6 billion kg CO2e, including around 1.49 billion kg CO2e for Scope 1 and approximately 2.38 billion kg CO2e for Scope 2 (market-based). Scope 3 emissions for that year were approximately 3.75 billion kg CO2e.

For 2022, the company reported total emissions of approximately 42.6 billion kg CO2e, with Scope 1 emissions at roughly 1.57 billion kg CO2e and Scope 2 (market-based) emissions at approximately 2.53 billion kg CO2e. Scope 3 emissions were approximately 4.49 billion kg CO2e.

Indorama Ventures has set several climate commitments. The company is committed to reducing its combined Scope 1 and 2 GHG intensity by 30% by 2030, against a 2020 baseline. Additionally, they aim for a 10% reduction in combined Scope 1 and 2 GHG intensity by 2025, also from 2020 levels. Indorama Ventures has also stated a commitment to becoming a carbon-neutral company by 2050.

Emissions data is cascaded from the ultimate parent organisation, Indorama Ventures Public Company Limited.

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Indorama Ventures’s Climate Goals (2030 & 2050)

10 goals

2030

30% reduction in Scope 1

Reduce emissions by 30% absolute by 2030 from 2020 baseline.

On track30%

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%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Indorama Ventures logoIndorama Ventures
INSalt and Mineral Mining
4 months ago
26
Arkema logoArkema
FROther Basic Inorganic Chemical Manufacturing
1 day ago
86
View
BASF SE logoBASF SE
DEChemicals
23 hours ago
81
View
Sika logoSika
CHChemicals
1 day ago
73
View
Covestro logoCovestro
DEChemicals
1 day ago
70
View
Solvay logoSolvay
BEChemicals
23 hours ago
69
View
Toray logoToray
JPChemicals
1 day ago
56
View

Frequently asked questions

Common questions about Indorama Ventures’s sustainability data and climate commitments

In 2024, Indorama Ventures' total greenhouse gas emissions were approximately 9.8 billion kg CO₂e. This figure includes roughly 1.66 billion kg from Scope 1, about 2.6 billion kg from Scope 2 (market-based), and approximately 4.3 billion kg from Scope 3 emissions. The company's emissions data, inherited from its parent organization, indicates a slight increase from 2023. This substantial carbon footprint reflects the company's operations within the chemical, fertilizer minerals, salt, and mining sectors, emphasizing the importance of ongoing reduction efforts and transparency for stakeholders concerned with environmental impact.

Data year: 2024

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