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 34 is higher than 87% 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 2023, Indorama Ventures reported total greenhouse gas emissions of approximately 181,876,000 kg CO2e, with emissions distributed across various scopes: 7,035,992,000 kg CO2e (Scope 1), 2,409,061,000 kg CO2e (Scope 2), and 7,866,108,130 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 9,445,053,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint. By 2030, Indorama Ventures aims for a 25% reduction in greenhouse gas emissions per ton produced, targeting an intensity of 0.35 tons CO2 per ton produced. Additionally, they are committed to achieving a 30% reduction in GHG intensity (Scope 1 and 2) by 2030 from 2020 levels. Indorama Ventures has also joined the UN’s Net Zero Coalition Program, committing to become a carbon-neutral company by 2050. Their ongoing initiatives focus on energy efficiency and diverse energy savings strategies, which are essential for minimising their environmental impact and contributing to a lower-carbon economy. Overall, Indorama Ventures is actively working towards significant emissions reductions while enhancing its sustainability practices across its operations.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Scope 3 | 15,659,000 | - | 00,000,000 | - | - | - | - | - | - | - | 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.
