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(c) IVL
16.12.2022

Indorama Ventures listed in the Dow Jones Sustainability Indices

Indorama Ventures Public Company Limited (IVL) has been included as a member of the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year, with a 96 percentile, and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the sixth successive year, with a 99 percentile. The achievement aligns with IVL's purpose of “reimagining chemistry together to create a better world.”

In 2022, S&P Global invited over 11,000 companies to participate in the Corporate Sustainability Assessment (CSA). Companies with outstanding results were then considered eligible for any DJSI. This year, there were 86 chemical companies that led the field in terms of sustainability and were eligible for the DJSI World, which tracks the performance of the top 10% of the 2,500 largest companies, and 34 chemical companies eligible for the DJSI Emerging Markets, which tracks the performance of the top 10% of the 800 largest Emerging Markets companies. Out of which, IVL is among only 10 chemical companies in the DJSI World and only 3 chemical companies in the DJSI Emerging Markets.

Indorama Ventures Public Company Limited (IVL) has been included as a member of the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year, with a 96 percentile, and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the sixth successive year, with a 99 percentile. The achievement aligns with IVL's purpose of “reimagining chemistry together to create a better world.”

In 2022, S&P Global invited over 11,000 companies to participate in the Corporate Sustainability Assessment (CSA). Companies with outstanding results were then considered eligible for any DJSI. This year, there were 86 chemical companies that led the field in terms of sustainability and were eligible for the DJSI World, which tracks the performance of the top 10% of the 2,500 largest companies, and 34 chemical companies eligible for the DJSI Emerging Markets, which tracks the performance of the top 10% of the 800 largest Emerging Markets companies. Out of which, IVL is among only 10 chemical companies in the DJSI World and only 3 chemical companies in the DJSI Emerging Markets.

IVL's consistently high ranking in DJSI is driven by the company's ambition to build its industry leadership in sustainability. Under Vision 2030, IVL is committed to reducing GHG intensity by 30% and increasing renewable electricity consumption to 25%. This year, IVL also committed to setting science-based targets through the Science Based Targets Initiative (SBTi). The company also participates in the SBTi Expert Advisory Group for the chemicals industry and provides funding for developing chemical sector decarbonization solutions.

Source:

Indorama Ventures Public Company Limited

(c) Indorama Ventures
18.11.2021

Indorama Ventures included in the Dow Jones Sustainability Indices (DJSI)

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced its inclusion in the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the third and fifth consecutive year respectively. The successive years of DJSI inclusion reflect IVL’s strong commitment to sustainability with globally recognized industry best-in-class practices.

This year, 139 chemical companies were selected from more than 11,000 companies from 61 industries and about 5,300 companies eligible for S&P Global ESG indices. IVL ranked in the 97th percentile with full scores in the areas of environmental and social compliance, enabling policies through industry associations, human rights protections in the workplace and value chain, and sustainable water management including forecasting potential water related risks in operations.

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced its inclusion in the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the third and fifth consecutive year respectively. The successive years of DJSI inclusion reflect IVL’s strong commitment to sustainability with globally recognized industry best-in-class practices.

This year, 139 chemical companies were selected from more than 11,000 companies from 61 industries and about 5,300 companies eligible for S&P Global ESG indices. IVL ranked in the 97th percentile with full scores in the areas of environmental and social compliance, enabling policies through industry associations, human rights protections in the workplace and value chain, and sustainable water management including forecasting potential water related risks in operations.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, "As a global leader, this is an important milestone in our operations as we transform the chemical industry. Our inclusion in the DJSI for the fifth year running is a tribute to how IVL’s operations are contributing to a more sustainable future. Our strategy includes focusing on climate action, aligning with the world's net zero ambitions, strengthening the circular economy and PET recycling with our ambitious targets, and enhancing shared value with our stakeholders.”

The Dow Jones Sustainability Indices (DJSI) are a global benchmark for sustainability-driven companies, evaluating material governance & economic, environmental and social factors.

Source:

Indorama Ventures Public Company Limited

Indorama Ventures launches its 10th annual Sustainability Report celebrating a decade of PET recycling and carbon reduction milestones (c) Indorama Ventures Public Company Limited
10th annual Sustainability Report
27.10.2021

Indorama Ventures launches its 10th annual Sustainability Report

  • IVL is celebrating a decade of PET recycling and carbon reduction milestones
  • Over 10 years, IVL has achieved a 100x increase in recycled PET

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, launches its 10th annual Sustainability Report and a video celebrating a decade of ambitious PET recycling and carbon reduction milestones. The company is committed to intensifying its drive towards ending plastic waste and a more circular economy in the decade ahead.

Since its first Sustainability Report in 2011, IVL has grown its sustainability initiatives through the 3Ps – People, Planet and Prosperity. From the baseline in 2013, the company achieved a 10% reduction in GHG intensity, 4% in energy intensity and 7% in water intensity. It also increased total waste diverted from landfill from 48% to 84% in 2020. Moreover, IVL’s global PET recycling capacity has improved almost 100 times from 3,576 tons per year in 2011 – the first entry of IVL to the PET recycling business – to more than 330,000 tons per year in the second quarter of 2021.

  • IVL is celebrating a decade of PET recycling and carbon reduction milestones
  • Over 10 years, IVL has achieved a 100x increase in recycled PET

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, launches its 10th annual Sustainability Report and a video celebrating a decade of ambitious PET recycling and carbon reduction milestones. The company is committed to intensifying its drive towards ending plastic waste and a more circular economy in the decade ahead.

Since its first Sustainability Report in 2011, IVL has grown its sustainability initiatives through the 3Ps – People, Planet and Prosperity. From the baseline in 2013, the company achieved a 10% reduction in GHG intensity, 4% in energy intensity and 7% in water intensity. It also increased total waste diverted from landfill from 48% to 84% in 2020. Moreover, IVL’s global PET recycling capacity has improved almost 100 times from 3,576 tons per year in 2011 – the first entry of IVL to the PET recycling business – to more than 330,000 tons per year in the second quarter of 2021.

Celebrating 10 years of sustainability reporting
Throughout the decade, IVL has voluntarily adopted international standards for its sustainability reports to drive benefits for the environment, society and economy. The effort resulted in recognition by world-class sustainability ratings agencies such as the Dow Jones Sustainability Indices (DJSI) and the Morgan Stanley Capital International (MSCI).

Recent Sustainability Reports have featured business cases and special situations such as COVID-19. In 2016, IVL was the first Thailand-based company to introduce an additional, shorter version of the report called the Sustainability Report Executive Summary. This year, IVL has made further improvements with an interactive approach, including links to videos and shortcuts to highlighted articles. As a global company operating in 33 countries, the report is available in 15 languages.

On track to recycle 50 billion bottles per year by 2025
In 2020 IVL recycled 10.1 billion PET bottles and is on track to recycle 50 billion bottles per year by 2025. The company’s global reach and leadership position as the world’s largest PET and recycled PET resin producer allow IVL to leverage a closed-loop system. In 2020 IVL invested in three additional recycling facilities and recently acquired CarbonLite’s recycling assets in Texas.