At a glance
- Company
- Indorama Ventures Public Company Limited
- Announcement
- Event
- Location
- Bangkok, Thailand
Key figures
- COP28 dates
- 30 November to 12 December, 2023
- Company heritage in Thailand
- over 30 years
- Stated goals year
- 2025
- Further targets year
- 2030
People
- Yash LohiaChairman of the ESG Council at Indorama Ventures
- Dr. Anthony M. WatanabeChief Sustainability Officer at Indorama Ventures
Products and programs
Bangkok, Thailand, December 11, 2023 --
Indorama Ventures Public Company Limited, a global sustainable chemical company, presents its innovative sustainability solutions and decarbonization strategy at the 28th United Nations Climate Change Conference (COP28) from 30 November to 12 December, 2023, at Expo City, Dubai.
In collaboration with the Thai government, Indorama Ventures is showcasing its commitment to achieving net zero at the Thailand Pavilion inside the COP28 exhibition hall. Highlights include groundbreaking investments with global start-ups such as the partnership with SIPA to introduce the world's first sustainable monolayer PET sparkling wine bottle, and partnership with Polymateria to advance biotransformation technology for hygiene items. By emphasizing the company's dedication to sustainability and climate actions, Indorama Ventures aims to underline its pioneering investments in developing sustainable solutions to mitigate PET’s environmental impacts and drive the global circular economy.
Yash Lohia, Chairman of the ESG Council at Indorama Ventures, said, "Climate change poses a threat to the wellbeing of future generations, as well as being one of the most immediate risks to businesses globally. Indorama Ventures is committed to increasing our use of renewable energy, producing low-carbon products, and using more efficient resources. We are on track to achieve our 2025 goals and setting even more ambitious targets for 2030. Our participation at COP28 underscores the environmental stewardship collaboration between Indorama Ventures and the Thai government in addressing global climate challenges.”
Indorama Ventures’ Chief Sustainability Officer, Dr. Anthony M. Watanabe, participated in a keynote session on "The Role of Circularity in Building a Low-Carbon World" and a panel discussion on "Bio-Circular-Green Economy: A Road towards Net Zero" at the Thailand Pavilion. Dr. Watanabe reaffirmed Indorama Ventures’ support for the Thai government’s environmental policies as one of the country’s biggest investors with over 30 years of heritage in Thailand.
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In brief
Indorama Ventures Public Company Limited says it presented sustainability initiatives and its decarbonization strategy at COP28, held from 30 November to 12 December 2023, at Expo City in Dubai. At the Thailand Pavilion, the company joined the Thai government in highlighting work related to its net-zero commitment. The showcase included partnerships with SIPA on a sustainable monolayer PET sparkling wine bottle and with Polymateria on biotransformation technology for hygiene items. Yash Lohia said the company is increasing renewable energy use, developing low-carbon products and improving resource efficiency, with 2025 goals and further targets for 2030. Chief Sustainability Officer Dr. Anthony M. Watanabe took part in a keynote session and a panel discussion focused on circularity and the Bio-Circular-Green Economy.
Key takeaways
- Indorama Ventures presented sustainability and decarbonization initiatives at COP28 in Dubai.
- The company highlighted partnerships with SIPA and Polymateria.
- Yash Lohia said the company is pursuing its 2025 goals and setting targets for 2030.
- Chief Sustainability Officer Dr. Anthony M. Watanabe participated in a keynote and a panel at the Thailand Pavilion.
Earlier from Indorama Ventures Public Company Limited
- Indorama Ventures continues partnership with BMA's Department of Education on the “Sustainable Plastic Waste Management” project for the second year
- Indorama Ventures shares its sustainability commitments with the Thai government at the Sustainability Expo 2023
- Indorama Ventures showcases sustainable solutions for a greener future at Sustainability Expo 2023