Indorama Ventures
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.
+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
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
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 goals2030
30% reduction in Scope 1
Reduce emissions by 30% absolute by 2030 from 2020 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Indorama Ventures’s sustainability data and climate commitments
Data year: 2024
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