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 55 is higher than 97% 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 emissions of approximately 16,448,044,000 kg CO2e, which includes Scope 1 emissions of about 6,969,854,000 kg CO2e, Scope 2 emissions of about 9,478,190,000 kg CO2e, and Scope 3 emissions also at approximately 9,478,190,000 kg CO2e. The previous year, 2023, saw a total of about 16,832,654,000 kg CO2e, indicating a slight decrease in emissions. Indorama Ventures has set ambitious climate commitments, including a target to reduce greenhouse gas emissions intensity by 10% by 2025 from 2020 levels for both Scope 1 and Scope 2 emissions. Furthermore, they aim for a 30% reduction in emissions intensity by 2030. The company has also committed to achieving a reduction of 25% in greenhouse gas emissions per ton produced by 2030, with a specific goal of reaching 0.35 tons of CO2 per ton produced. Additionally, Indorama Ventures has joined the UN’s Net Zero Coalition Program, committing to become a carbon-neutral company by 2050. This long-term strategy includes ongoing energy efficiency initiatives to minimise their carbon footprint and enhance competitiveness in a lower-carbon economy.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 0,000,000,000 |
| Scope 3 | 15,659,000 | - | 00,000,000 | - | - | - | - | - | - | - | 0,000,000,000 | 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.
