About the company
Indorama Ventures specialises in the production of a wide range of petrochemical and polymer products. The company is headquartered in Thailand but has 114 manufacturing sites in 32 countries around the globe. Indorama Ventures is the world's largest producer of PET resins. Globally, one in five PET bottles is made from the company’s resin. Indorama Ventures is also a global manufacturer of wool yarns, which is how it initially launched its business.
Transparency
12 out of 25 points
Action points
- The company has a protective reporting threshold (<1000 ppm) for the hazardous substances present in their products, but should include more hazard classes
- Include more hazard classes when the company reports the produced volumes of hazardous substances leaving the facilities
- Include more hazard classes to be more protective in the company’s reporting
Phase-out of persistent chemicals
23 out of 25 points
Action points
- Specifically map the presence of persistent chemicals
Product portfolio
13 out of 25 points
Action points
- Reduce the number of hazardous substances the company is using, producing and placing on the market
Safer solutions
9 out of 25 points
Action points
- The company is already reporting a large share of safer solutions that fulfil their internal definition, but it should be strengthened to exclude more hazardous substances and be applied to all products and internal processes
- Start disclosing the share of R&D expenditures that are targeted towards the development of safer solutions
- Start making (more) third-party verified safer alternatives available
Category breakdown