FOCUS ON SUSTAINABLE AND GREEN FINANCE IVL drives leadership in sustainable finance through our Sustainability PerformanceTargets (SPTs), allowing us to issue innovative investment instruments that are linked to sustainability performance. The SPTs are part of our Sustainability-Linked Finance Framework which is independently assessed. IVL’s pioneering approach to green finance in Thailand is reflected in our first issuance of THB 10 billion in Sustainabi l ity Linked Bonds (SLBs) , which drew considerable interest from institutional investors. The SLB is linked to our environmental performance and serves as an important step in optimizing our capital structure, as well as incentivizing our company and stakeholders towards environmental goals. It marks an important development in the Thai capital market as investors focus more on environmental metrics, specifically relating to climate change. Additionally, in 2021, wewere the firstThailand-based company to invest in HSBC’s Green Deposit to support a wide range of environmental, social and governance projects. STRONGER PERFORMANCE, GREATER INNOVATION IVL is effectively integrating our operations, both downstream in packaging and upstream in feedstocks and Integrated Oxides and Derivatives (IOD), while diversifying our product range, notably in surfactants, through strategic acquisi t ions and operat ional enhancements. Our naphthaletes unit, which was established last year at our integrated production facility in the U.S., makes us the world’s largest PNDA producer, with the greatest level of purity to serve high-end polyester markets. Our strategic acquisition of Brazil-based Oxiteno is part of our strategy to make value-accreting investments. The acquisition adds a unique portfolio of high-value surfactants and significantly extends our existing IOD business. It will also strengthen our position in Mexico and Latin America, and in green chemical innovation. We are strengthening our position as a global recycling leader. In 2021, we completed our acquisition of PET recycling assets from CarbonLite Holdings and its subsidiaries inTexas.We alsoannouncedanewgreenfield recycling facility in Karawang, Indonesia which will recycle almost two billion plastic bottles annually in support of our commitment to clean oceans and closed-loop solutions. We acquired the state-of-the-art assets of Ngoc Nghia, amarket leader in PET, preforms and closures inVietnam. The deal will increase our presence in a high-growth market offering a full range of PET packaging solutions with enhanced operational excellence. At the end of last year, we inaugurated our Global Business Service Center in Kolkata, India, which plays an important role for our operating sites worldwide by consolidating large-scale processes and deploying cutting-edge technology to drive operating efficiencies and promote our sustainability and transformation journey. 10 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. Chief Strategy Officer Message Chairman of the ESG Council Message Key Achievements 2021 CEO Message IVL’s Sustainable Value Creation for Stakeholders Home
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