#Sustainability

2021-11-25

Indorama Ventures launches the industry's first report on contributions to UN Sustainable Development Goals

Indorama Ventures Public Company Limited (IVL), a world-class sustainable chemical company, introduced the first independent Sustainable Development Goals (SDGs) Report developed by the private sector in Thailand. The report provides details of the company’s sustainability strategy, aligned with the United Nation’s SDGs.

Renaud Meyer, UN Development Programme (UNDP) Resident Representative to Thailand, said, “We support countries in achieving the UN Sustainable Development Goals through integrated solutions. Achieving the goals at global level requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations. The Sustainable Development Goals Report developed by the private sector is one way to urge more constructive collaboration among sectors.”

The report presents IVL’s progress in achieving the UN Sustainable Development Goals. The company outlined five focus areas for contributing to the SDGs: Recycling and the Circular Economy, Climate Change and Energy, Environmental Stewardship, Health Safety and Well-being, and CSR and Collaborations. IVL believes it can have the greatest impact on these areas while also growing its business and bringing about constructive change. Activities in these five areas help IVL align with 13 of the 17 SDGs, totaling 39 targets.

Yash Lohia, Chief Sustainability Officer at Indorama Ventures, said, “Businesses can make a significant contribution to achieving the UN Sustainable Development Goals. IVL, as a responsible industry leader, is committed to contributing to the SDGs and addressing the world's environmental and economic concerns. We need to be accountable to our stakeholders, including our 25,000 employees and their families, our customers and industry partners. Furthermore, we believe that complying with the SDGs will provide us with considerable business prospects.

“Adopting and integrating the UN Sustainable Development Goals into our strategy will ensure we operate responsibly with a sustainability mindset. To advance our position, we are committed to making progress across all areas of the value chain through innovative designs, efficient and greener production, streamlined logistics, promoting responsible consumption, proactive waste collection and widespread recycling. IVL will make long-term contributions to the SDGs while also seeking breakthroughs in innovations that create value in line with our vision to be a world-class sustainable chemical company making great products for society.” Yash added.

For more information, please visit the Sustainability Report Center at:

https://sustainability.indoramaventures.com/en/downloads/report-center

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Lenzing reports improved half-year results and advances strategic transformation

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