OUR RESPONSIBILITY IVL is committed to sustainability and is aware of the importance of championing biodiversity. In line with supporting UN SDG #14: Life Below Water and UN SDG #15: Life On Land, we understand the importance of biodiversity loss and the need to urgently take action to minimize its impacts on the ecosystem. We are aware of the potential biodiversity loss-related risks and have made it an important element in decision-making and have incorporated it into the Group’s business strategy. • Increased regulatory policies • Increased disclosure requirements associated to biodiversity risks • Potential introduction of biodiversity-relevant taxes and fees • Reduced operational efficiencies due to increased natural disasters and disturbances • Associated with resource dependency, scarcity and quality • Reduced availability of natural resources and raw materials leading to operational and supply chain disruption and increased costs • Potential introduction of new regulatory disclosures specific to biodiversity (Taskforce on Nature-related Financial Disclosures (TNFD)) • May face difficulty getting investments and loans, or have higher payouts • Increased pressure from stakeholders to assess, report and manage Environmental, Social and Governance (ESG) risks • Risk of eroding the goodwill of their customers and other stakeholders and, as a result, having a diminished social license to operate BIODIVERSITY LOSS RELATED RISKS 122 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. REGULATORY RISK OPERATIONAL RISK FINANCIAL RISK REPUTATIONAL RISK Chief Strategy Officer Message Chairman of the ESG Council Message Key Achievements 2021 CEO Message IVL’s Sustainable Value Creation for Stakeholders Home
RkJQdWJsaXNoZXIy ODg4NTI=