Indorama Ventures

Indorama Ventures, a petrochemical manufacturing company headquartered in IN, reported its Scope 1 emissions for 2025 as about 6.12 billion kg CO2e. 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, Indorama Ventures reported Scope 1 emissions of approximately 7.10 billion kg CO2e and Scope 2 (location-based) emissions of about 2.48 billion kg CO2e. The latest full emissions data available is from 2020, where the company's Scope 1 emissions were around 6.97 billion kg CO2e, Scope 2 (market-based) emissions were about 2.56 billion kg CO2e, and Scope 3 emissions totalled approximately 24.78 billion kg CO2e. The Scope 3 emissions for 2020 included approximately 22.08 billion kg CO2e from purchased goods and services, about 1.25 billion kg CO2e from fuel and energy-related activities, about 812.84 million kg CO2e from downstream transportation and distribution, about 481.47 million kg CO2e from upstream transportation and distribution, about 42.17 million kg CO2e from waste generated in operations, about 19.47 million kg CO2e from employee commute, and approximately 16.31 million kg CO2e from business travel.

Indorama Ventures has set ambitious climate commitments, with some targets being cascaded from its parent company, Indorama Ventures Public Company Limited. The company is committed to becoming carbon neutral for Scope 1 and Scope 2 emissions by 2050, with initiatives focused on energy efficiency. Near-term targets include a 10% reduction in combined Scope 1 and 2 GHG intensity by 2025 from a 2020 baseline, and a 30% reduction in combined Scope 1 and 2 GHG intensity by 2030, also from a 2020 baseline. Additionally, the company aims for an absolute reduction of 30% in Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline. The company was previously a signatory to the Science Based Targets initiative (SBTi), but its near-term target commitment status was removed in June 2022.