Indorama Corporation Pte. Ltd.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:3.9 million tCO2e
Renewable Energy Share:3%
Total Energy Consumption:64 million GJ
Waste Generated:89,753 tonnes
Carbon Intensity:0.8 tCO2e/ tonne production
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Net saving of 3.1 million kWh achieved by various energy-saving initiatives.
- Indorama Eleme Petrochemicals Ltd, Nigeria saved 34,000 tCO2 by implementing multiple schemes.
- Indorama’s Haldia, India unit installed a biomass briquette-based hot air generator, fulfilling 10% of energy requirements from Biomass.
- Conversion of diesel trucks to compressed natural gas at Indorama Eleme Fertilizer & Chemicals Ltd, Nigeria saved 780 kl of diesel.
- Indorama Indonesia’s Fabric Division eliminated 12,775 tonnes/year of wet sludge disposal by drying and utilizing it in boilers.
- Recovery of oil from effluent water at IFL, Nigeria.
- Indorama’s Indonesia Spun Yarn Unit implemented water recycling and rainwater harvesting, saving 1,62,000 m3 of fresh water per year.
- SOx scrubber installation in Haldia, India enabled recycling of 350–380 mt of sulfur, diverting it from disposal as hazardous waste.
- Uzbekistan Fertilizer Unit created a four-acre protected green belt zone.
Social Achievements
- Introduction of DarwinBox, an integrated human resource management system.
- Structured learning journeys for building leadership capabilities.
- Strict compliance with local laws to safeguard against child labor and modern-day slavery.
- $9.2 million CSR spend on social education, health, and community development initiatives.
- 69,713 employee training hours.
- Family Visit Program at Baddi plant to maintain strong bonds with shop floor employees.
Governance Achievements
- Established an ESG Council, Advisory Panel, Committee, and Teams to oversee and implement ESG strategies.
- Developed a governance structure for effective and transparent business conduct.
- Identified focus areas for future work: GHG emissions, water reduction, hazardous waste management, biodiversity conservation, health and safety, diversity and inclusion, community engagement, risk management, ethics and integrity, and compliance and regulations.
Climate Goals & Targets
Environmental Challenges
- Climate change impacts on operations.
- Raw material availability due to economic or geopolitical situations.
- Linear economic structure leading to waste accumulation.
- Meeting customer needs and expectations.
- Tightening food security due to irregular weather patterns.
Mitigation Strategies
- Decarbonization roadmap under preparation (2022-23).
- Securitization of raw materials through ownership of resources and long-term contracts.
- Implementation of circular and closed-loop systems (pilot project in 2022-23).
- Customer satisfaction surveys and engagement using various platforms.
- Focus on providing essential nutrients and balanced fertilizers for sustainable agriculture.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021
Third-party Assurance: TUV India (Limited Assurance)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:4,419,060 tCO2e/year
Scope 1 Emissions:3,416,336 tCO2e/year
Scope 2 Emissions:1,002,724 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:3.3% of total energy use
Total Energy Consumption:72,479,264 GJ/year
Water Consumption:292.7 million m³/year
Waste Generated:78,209 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Energy and climate change
- GHG emissions and climate adaptation
- Energy management
- Green manufacturing
- Solid waste management
- Effluents management
- Plastic waste
- Pollution prevention
- Biodiversity and land-use
- Water resources
- Water management
- Safety
- Occupational health and safety
- Human capital and diversity
- Employee well-being
- Talent attraction and retention
- Gender inclusion
- Human rights and labour
- Community development
- Community relations
- Ethics and integrity
- Tax transparency
- Grievance redressal
- Product stewardship
- Risk management
- Digitalization and cybersecurity
- Innovation and technology
- Data privacy
Environmental Achievements
- Reduced GHG emissions intensity (Scope 1+2) from 0.82 tCO2e/tonne production in 2021 to 0.61 tCO2e/tonne production in 2022.
- Reduced water intensity from 73.06 m³/tonne production in 2021 to 40.1 m³/tonne production in 2022.
- Increased waste diverted from disposal (hazardous and non-hazardous).
Social Achievements
- Provided 113,257 total training hours to employees in 2022.
- Improved employee return to work rate after parental leave to 95% in 2022.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Net zero carbon emissions
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards 2021
Certifications: Null
Third-party Assurance: TÜV India Private Limited
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:172,270 tCO2e (reduction)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:3%
Total Energy Consumption:2.2 million GJ (renewable)
Water Consumption:Not disclosed
Waste Generated:38,487 tons (hazardous)
Carbon Intensity:0.6 tCO2e/tonne production (Scope 1&2)
ESG Focus Areas
- Climate Change
- Water Stewardship
- Waste Management
- Biodiversity
- Occupational Health and Safety
- Human Capital Development
- Human Rights & Labor Management
- Community Development
- Corporate Governance
- Product Stewardship
- Responsible Supply Chain
- Digitalization & Cybersecurity
- Food Safety, Quality and Security
- Economic Performance
- Customer Management
- Policy & Regulations
Environmental Achievements
- Total Emission Reduction: 172,270 tCO2e
- Total Energy Saved: 2.8 million GJ
- 41% Water Intensity reduction from 2021
- 73% Hazardous Waste Diverted from Disposal
- 2.2 million GJ Energy Consumed from Renewable Energy Sources
- 0.6 tCO2e/tonne production GHG Emission Intensity (Scope 1&2)
Social Achievements
- Zero Fatalities
- 28% Women in the Workforce
- 42% Reduction in LTIFR from 2022
- 10.9 Average Training Hours per Employee
- 587,398 CSR Beneficiaries
- More than 384,000 farmers engaged in 2023
Governance Achievements
- Gold Award in the Private Company category at the 9th annual Asia Sustainability Reporting Awards (ASRA) for our 2022 Sustainability Report
- 5 Members in the ESG council chaired by the Vice Chairman
- 12 Members in the ESG Advisory Panel (EAP) on Business CEOs across the Group
- 25 Members in the ESG Committee of Businesses and Functions across the Group
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate Change
- Water scarcity
- Waste management
- Biodiversity loss
- Occupational health and safety
- Human rights and labor management
- Community development
- Corporate governance
- Product stewardship
- Responsible supply chain
- Digitalization and cybersecurity
- Food safety, quality and security
- Economic performance
- Customer management
- Policy and regulations
Mitigation Strategies
- Implementing initiatives to reduce greenhouse gas (GHG) emissions
- Investing in energy efficiency technologies and renewable sources
- Implementing sustainable water management practices
- Embedding closed-loop systems and focusing on resource optimization
- Implementing a multifaceted approach aimed at achieving zero harm
- Conducting risk-based labor assessments
- Conducting structured Need-Assessment studies
- Establishing robust relationships with stakeholders
- Investing in R&D activities for safer alternatives and green products
- Establishing a dedicated customer grievance redressal system
- Strengthening our cybersecurity program
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier risk assessments
- Regular site visits and audits
- Supplier upgrade program
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Water scarcity
Transition Risks
- Regulatory shifts
- Market changes
Opportunities
- Renewable energy
- Energy efficiency
Reporting Standards
Frameworks Used: GRI Standards, SASB Standards, UN SDGs, TCFD Recommendations, IFRS S2
Certifications: ISO 14001, ISO 50001, ISO 45001, RCS 100, EU REACH
Third-party Assurance: Ernst & Young Associates LLP
UN Sustainable Development Goals
- No Poverty
- Zero Hunger
- Quality Education
- Gender Equality
- Economic Growth
- Climate Action
- Life Below Water
- Life on Land
- Peace, Justice, & Strong Institutions
- Reduced Inequalities
- Sustainable Cities
- Responsible Consumption
- Clean Energy
- Industry, Innovation, Infrastructure
- Clean Water & Sanitation
- Good Health & Well-being
- Partnerships for the Goals
Not disclosed
Sustainable Products & Innovation
- ECOModa100TM (recycled spandex)
- Bio-Spandex
Awards & Recognition
- Gold Award at the 9th Annual Asia Sustainability Reporting Awards (ASRA)