Indorama Ventures PCL
Indorama Ventures's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  b | 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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bVerified Sources Behind Indorama Ventures’s Greenhouse Gas (GHG) Emissions Data
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Insights into Indorama Ventures's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Indorama Ventures amounted to 9,803,962 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 2023, the total operational greenhouse gas (GHG) emissions of Indorama Ventures increased by 2.33%, suggesting that the company faced challenges in reducing its emissions from its core 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 2024, the total Scope 1 emissions of Indorama Ventures were 6,969,854 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 48.11%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Indorama Ventures's Scope 1 emissions decreased by 1.87%, 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 2024, Indorama Ventures reported Scope 2 greenhouse gas (GHG) emissions of 2,600,446 tCO₂e using the market-based method and 2,834,108 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 increased by 12.77%, reflecting a rising long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Indorama Ventures's Scope 2 emissions (Location-Based) rose by 14.35% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Indorama Ventures use for Scope 2 reporting?
In 2024, 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 2024, Indorama Ventures reported 33,873,062 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 2024 disclosure of Indorama Ventures includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. 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 2024, Indorama Ventures reported total Scope 3 emissions of 33,873,062 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 94.52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.48% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Indorama Ventures's Scope 3 emissions increased by 14.65%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Indorama Ventures disclose?
In 2024, 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 2024, the largest contributors to Indorama Ventures's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 27,773,868 tCO₂e (81.99%)
- Use of Sold Products (Cat. 11): 1,857,357 tCO₂e (5.48%)
- Fuel- and Energy-Related Services (Cat. 3): 1,546,944 tCO₂e (4.57%)
Indorama Ventures's Scope 3 Emissions by Categories
Insights into Indorama Ventures’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Indorama Ventures reported Scope 1 greenhouse gas (GHG) emissions of 6,969,854 tCO₂e and total revenues of USD 15,773 millions. This translates into an emissions intensity of 441.87 tCO₂e per millions USD. a
Indorama Ventures's Scope 1 Emissions Intensity Compared to Peers
How does Indorama Ventures's GHG emissions intensity compare to its peers?
In 2024, Indorama Ventures reported a Scope 1 emissions intensity of 441.87 tCO₂e per millions USD. Compared to the peer group median of 359.94 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Indorama Ventures rank on GHG emissions intensity within its industry?
In 2024, Indorama Ventures ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Indorama Ventures is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Indorama Ventures's Total Carbon Footprint
In 2024, Indorama Ventures reported a total carbon footprint of 43,677,024 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.63% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Indorama Ventures's total carbon footprint was Scope 3 emissions, accounting for 77.55% of the company's total carbon footprint, followed by Scope 1 emissions at 15.96%. a