Climate Change Data

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)