IVL’s leadership development and IVEX programs, two important elements within this structure, nurture individuals with leadership potential and implement projects that sharpen our focus on sustainability while providing management development opportunities. Last year, 1,633 leaders globally completed IVL’s leadership program while 996 employees joined the IVEX program. We are on track to fulfil our three-year business plan to 2024. We are proud that IVL’s digital transformation project won the 2021 CIO/CDO of the Year for Thailand by Thai land’s IDC Future Enterprise Awards. The implementation of our global ERP S4HANA system is progressing well, and we successfully rolled out Phase 1 in the fourth quarter of 2021. Project Olympus, our company-wide business and cost transformation initiative, achieved US$ 291 million in efficiency gains in 2021. ACCELERATING CLIMATE SOLUTIONS Having reaffirmed our commitment to reduce emissions towards our goal of Net Zero Carbon, we formed a Decarbonization Committee to provide technical guidance to business segments and plants. Our decarbonization strategy has been implemented throughout the company, and additional aggressive 2030 targets were set: 30% GHG intensity reduction, 15% energy intensity reduction, 20% water reduction, and 25% renewable electricity consumption in line with the COP26 targets. We invested over US$ 44 million in CAPEX supporting green projects including energy and GHG reduction projects. 14 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. Chairman of the ESG Council Message Key Achievements 2021 CEO Message IVL’s Sustainable Value Creation for Stakeholders Chief Strategy Officer Message Home
RkJQdWJsaXNoZXIy ODg4NTI=