UN Global Compact

Indorama Ventures actively supports the UN Global Compact, a voluntary initiative based on company commitments to implement universal sustainability principles and to advance the UN’s objectives, such as the Sustainable Development Goals (SDGs). Indorama Ventures is a member of Global Compact Network Thailand, which includes more than 50 leading Thailand-based companies and organizations.

UNGC Communication on Progress (COP)
UNGC Communication on Progress (COP)
The UNGC supports companies to do business responsibly by adhering to ten principles that cover human rights, labor, the environment and anti-corruption. It also encourages companies to participate in advancing broader societal goals – such as those defined in the UN SDGs – with an emphasis on collaboration and innovation. We are committed and express our intent to implementing the ten principles of the Global Compact.

The ten principles are a part of our company’s policy, strategy and Code of Conduct, culture and day-to-day operations. We are also engaging in collaborative projects which advance the broader development goals of the United Nations.

Human Rights
Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that they are not complicit in human rights abuses.
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Labour
Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labor;
Principle 5: the effective abolition of child labor; and
Principle 6: the elimination of discrimination with respect to employment and occupation.
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Environment
Principle 7: Businesses should support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally-friendly technologies.
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Anti-Corruption
Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
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We are shaping a sustainable future, accelerating our sustainability efforts, and scaling up impacts around the world for long-term business success and to make a difference in society. Details on how we support and enact the principles are included in the relevant section in our Sustainability Report and website.

We are proud to be a signatory and supporter of the Women’s Empowerment Principles (WEPs) and UN Global LGBTI Standards of Conduct. WEPs is a set of Principles established by UN Global Compact and UN Women, offering guidance to business on how to promote gender equality and women’s empowerment in the workplace, marketplace and community.

The UN Global LGBTI Standard supports the business community in tackling discrimination against lesbian, gay, bi, trans, intersex, and queer (LGBTIQ+) people.

We are proud to promote gender equality, women's empowerment, and diversity and inclusion in the workplace, marketplace, and community. Our activities also have a significant impact on the UN SDGs. Together with the Global Compact Local Network, we promote the benefits of PET plastic waste separation and recycling, and the circular economy, as key tools for achieving the SDGs. We publish our SDGs Report annually to communicate our progress and achievements in this area.

About UN Global Compact (UNGC)

The UNGC is the world’s largest corporate sustainability initiative based on CEO commitments to implement universal sustainability principles and to take steps to support the UN’s goals.

The UNGC provides a principle-based framework, best practices, resources and networking events that have revolutionized how companies do business responsibly and keep commitments to society.

For more details, visit: https://www.unglobalcompact.org