Indorama Ventures PCL
Indorama Ventures's GHG Emissions Data Preview
In 2023, Indorama Ventures completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Indorama Ventures has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Indorama Ventures’s Greenhouse Gas (GHG) Emissions Data
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Insights into Indorama Ventures's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Indorama Ventures amounted to 9,580,940 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Indorama Ventures decreased by 2.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Indorama Ventures's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Indorama Ventures's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Indorama Ventures were 7,102,530 metric tons of CO₂ equivalent (tCO₂e). a
Has Indorama Ventures reduced its Scope 1 emissions over time?
Since 2019, Indorama Ventures's Scope 1 emissions have increased by 50.93%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Indorama Ventures's Scope 1 emissions decreased by 1.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Indorama Ventures's Scope 2 emissions?
In 2023, Indorama Ventures reported Scope 2 greenhouse gas (GHG) emissions of 9,478,190 tCO₂e using the market-based method and 2,478,410 tCO₂e using the location-based method. a
Has Indorama Ventures reduced its Scope 2 emissions over time?
Since 2019, Indorama Ventures's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Indorama Ventures 's emissions have plateaued with no significant change in its energy consumption footprint. a b
Compared to the previous year (2022), Indorama Ventures's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Indorama Ventures 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Indorama Ventures use for Scope 2 reporting?
In 2023, Indorama Ventures reported its Scope 2 emissions using the market-based method and using the location-based method. a
Indorama Ventures's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Indorama Ventures's Value Chain Emissions
In 2023, Indorama Ventures reported 68,609,168 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Indorama Ventures includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Indorama Ventures's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Indorama Ventures's Scope 3 emissions?
In 2023, Indorama Ventures reported total Scope 3 emissions of 68,609,168 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 43% of these emissions originated from upstream activities such as purchased goods and capital goods, while 57% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does Indorama Ventures disclose?
In 2023, Indorama Ventures reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Indorama Ventures's Scope 3 emissions?
In 2023, the largest contributors to Indorama Ventures's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 39,107,299 tCO₂e (57%)
- Purchased Goods and Services (Cat. 1): 22,881,050 tCO₂e (33.35%)
- Capital Goods (Cat. 2): 1,807,773 tCO₂e (2.63%)
Indorama Ventures's Scope 3 Emissions by Categories
Insights into Indorama Ventures's Total Carbon Footprint
In 2023, Indorama Ventures reported a total carbon footprint of 78,190,108 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 697.74% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Indorama Ventures's total carbon footprint was Scope 3 emissions, accounting for 87.75% of the company's total carbon footprint, followed by Scope 1 emissions at 9.08%. a