Indorama Ventures Sustainability Profile
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 51 is higher than 72% 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 (GHG) emissions of approximately 43,676,985,000 kg CO2e, comprising 1,658,461,320 kg CO2e from Scope 1, 183,480,070 kg CO2e from Scope 2, and 12,861,673,110 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its GHG emissions intensity by 30% by 2030 from 2020 levels, with a specific aim to achieve 0.35 tonnes CO2 per tonne produced by 2030. Additionally, Indorama Ventures has committed to becoming a carbon-neutral company by 2050, with ongoing energy efficiency initiatives to lower its carbon footprint. The company has also established a near-term target of a 10% reduction in combined GHG emissions (Scope 1 and 2) intensity by 2025 from 2020 levels. These commitments are part of a broader strategy to enhance sustainability and align with global climate goals. Notably, emissions data is cascaded from its parent company, Indorama Ventures Public Company Limited, ensuring a comprehensive approach to emissions reporting and reduction initiatives.
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Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,568,321,000 | 0,000,000,000 | 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 | 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 | 000,000,000 |
| Scope 3 | 15,659,000 | - | 00,000,000 | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Indorama Ventures's Industry?
How Carbon Intensive is Indorama Ventures's Location?
Indorama Ventures's Scope 3 Categories Breakdown
Indorama Ventures's Scope 3 emissions, which increased by 243% last year and increased significantly since 2011, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 216% of Scope 3 emissions.
Top Scope 3 Categories
Indorama Ventures's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Indorama Ventures has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Indorama Ventures's sustainability data and climate commitments