Indorama Ventures achieved an improved Environmental Social and Governance (ESG) Risk Rating score of 22.2 (the lower score the better performance) for 2023, as well as an improved ESG Risk Management score of 59.9 (the higher score the better performance), based on results released by Sustainalytics on 6 November 2023.

Sustainalytics’ ESG Risk Ratings measure ESG risk combines the concepts of management and exposure to arrive at an absolute assessment of ESG risk. With these improvements, Indorama Ventures has been classified as having a medium risk of experiencing material financial impacts from ESG factors, and the chemical industry percentile is at the 12th (the lower percentile the better performance) among 563 companies in the Chemical Industry Sector. This is due to strong management of material ESG issues in the areas of Occupational Health and Safety, Environmental Management, Water Stewardship, and Corporate Governance.

These results demonstrate robust sustainability-oriented management, effective management of ESG risks, and our collective efforts in implementing ESG policies, as well as ESG-related initiatives. These endeavors help build trust with stakeholders and create sustainable value for the future.