GHG Management

IVL has mobilized all parties under IVL Group to reduce and better manage GHG emissions in our operations. We support the Paris Agreement and are playing a positive role in supporting NDC targets in the countries where our sites are located.

Our Decarbonization Strategies

In order to decarbonize carbon footprint in our operations and value chain, we are exploring a diversified portfolio of solutions including new ideas and working with others to drive innovation. IVL is exploring a combination of following decarbonization strategies:

Improving operational efficiency

Invest in operational and energy efficiency to reduce emissions in our operations

Renewable Electricity

Decarbonize IVL’s energy consumption via on-site vs. off-site renewable energy development

Recycling

Invest in and expand recycling facilities to address plastic pollution and reduce lifecycle carbon emissions

Circular Feedstock (Bio-based and Recycled feedstocks)

Replacing fossil fuel-based feedstocks with bio-based and recycled feedstocks

Future Technologies

Exploring opportunities for Carbon Capture Utilization and Storage (CCUS), green hydrogen, bio/renewable feedstock, Renewable Natural Gas (RNG)

Natural Capital Solutions

Explore partial/full ownership of carbon offsetting projects

Greenhouse Gas Management

We support the Paris Agreement and its application to our operations, and are mobilizing our plants worldwide to reduce GHG emissions by increasing their use of renewable energy, boosting energy efficiency, and monitoring energy consumption. In doing so, we are helping the countries where we have operations achieve their national determined contribution (NDC) targets.

2025 Target: 10%
and
2030 Target: 30%
reduction in combined GHG
(Scope 1 & 2) intensity from 2020 levels
2022
Actual:
0.5852
tCO2e/ton of production
Progress against
2025 target:
3.84%
reduction in combined GHG
(Scope 1 and 2) intensity

Direct GHG Emissions - Scope 1

Total emission (tCO2e) (Tons)
Intensity (tCO2e / Ton of production)

Indirect GHG Emissions - Scope 2

Location-based
Total emission (tCO2e) (Tons)
Intensity (tCO2e / Ton of production)
Market-based
Total emission (tCO2e) (Tons)
Intensity (tCO2e / Ton of production)

Total GHG Emissions-Scope 1 & 2

Location-based
Total emission (tCO2e) (Tons)
Intensity (tCO2e / Ton of production)
Market-based
Total emission (tCO2e) (Tons)
Intensity (tCO2e / Ton of production)

Emissions linked to energy consumption

2019 2020 2021 2022
Direct Greenhouse gas (GHG) emissions (kt CO2e) 4,093 6,039 6,266 6,317
Indirect Greenhouse gas (GHG) emissions (kt CO2e) 2,345 2,435 2,472 2,557
Total Greenhouse gas (GHG) emissions (kt CO2e) 6,438 8,474 8,738 8,874

Note:

  • Intensities are calculated based on overall production including inter-company sales.
  • 2020 and 2021 environmental data has been restated using a more stringent definition and methodology.
  • 2020 baseline was adjusted for an alignment.

IVL calculated direct and indirect emissions (GHG Scope 1 and 2) for all of its operations globally in accordance with the GHG Accounting Protocols-Greenhouse Gas Protocol on Corporate Accounting and Reporting by the World Resource Institute (WRI)/World Business Council for Sustainable Development (WBCSD) and ISO 14064-1:2006.

100% GHG Disclosure

Since 2013, we have reported on 100% our GHG emissions from all of our sites worldwide. This includes GHG accounting of Scope 1 and 2 emissions from direct and indirect emissions sources. We also established criteria to calculate Scope 3 emissions emitted from our supply chain globally, along with a few major categories applicable to IVL. Furthermore, we plan on having an annual verification process going forward carried out by a third party to ensure the transparency, consistency and accuracy of all GHG data disclosed, in accordance with ISO 14064-1 and 14064-3 requirements.

GHG Emissions Strategy

We realize that fossil fuels are the main contributor to our GHG emissions. To achieve a reduction and improve our operational efficiency, we are exploring ways to acquire increased renewable electricity from producers who operate solar, wind, or facilities from other renewable sources. We are exploring the benefits of joining national associations of renewable electricity buyers in order to gain greater negotiating power and a fair electricity price, as well as the option of renewable energy procurement through a global virtual PPA in-line with the Paris protocol to further reduce our GHG emissions.

Scope of GHG Verification

Our audited GHG Scope 1, Scope 2 and Scope 3 Emissions

Emissions Source Amount (tCO2e)
Scope 1 7,195,277
Scope 2 (Location based) 2,606,124
Scope 1 and 2 (Location based) 9,801,401
Scope 2 (Marketing based) 2,534,847
Scope 3 Purchased Goods and Services (including Nitrogen) 25,343,626
Scope 3 Upstream Transportation 976,299
Scope 3 Waste 229,581
Scope 3 Business Travel 27,440
Scope 3 Employee Commuting 36,603
Scope 3 Downstream Transportation 1,555,676
Scope 3 Emissions from electricity (T&D,WTT) 865,368
Scope 3 Emissions from Fuels (WTT) 856,511
Scope 1, Scope 2 (Location based), Scope 3 39,692,507
Case study
Gas Turbine Apollo Project - New Cogeneration Plant at PTIVI, Indonesia

PT. Indorama Ventures (PTIVI) Indonesia commissioned two 7.5 MW gas turbines with two additional absorption chillers with 2,937 TR capacity from both waste heat and hot water recovery. This unit was installed along with two new HTM boilers using waste heat from turbines. This unique project, with heat recovery at three different stages, is the first time at IVL that the cogeneration plant process will run using waste heat from turbine exhaust. This project, with a total investment value of US$28 million, will achieve an annual GHG reduction of approximately 30,000 tons. The expected CO2 savings will be roughly 25% for the whole site.

Carbon Dioxide Capture Technology

In order to reduce the emissions in the production of ethylene oxide, part of the gases produced are sold and used as raw materials in other production processes. In 2022, from April through December, Camaçari has sold 29,580 tons of CO2 , Maua in that same period has sold 4,393 tons of CO2 . The Botany unit, from legacy IOD has historically sold part of its CO2 produced by the Ethylene Oxide (EO) reaction, in 2022 the quantity sold was 4,229, corresponding to about 43% of the CO2 produced. Port Neches our biggest EO production unit is now developing a project to capture the CO2 produced, the destination is still under discussion, but there are discussions with beverage companies and with companies that can convert this CO2 into new chemicals.