DEVELOPING TALENT We support professional development to build capabilities company-wide and adapt our corporate training strategies to ensure they become a key enabler in our continuous transformation. Our leaders and employees are encouraged to adopt a growthmindset whilewe create pathways for them to achieve their highest potential in areas where they excel. We apply the 70-20-10 ratio for e-Learning, virtual live training and in-person training to equip our employees with functional and technical competencies, covering key impact areas including leadership, environment health and safety, robust induction activities, and language training. In 2021, we recorded a total of 708,106 training hours or 29.92 average training hours per employee – a significant increase from 2020, reverting to pre-pandemic levels of employee training and development. We invested US$ 2.4 million in training in 2021, and will continue to focus on developing the competency levels of our employees while seekingways to continuously improve our deliverymethods todrive us forward in the corporate training landscape. Average Training Hours (hours / employee) 20% 70% 10% 20% Developmental relationships Learn and develop from others, social and collaborative interactions, constructive feedback, e.g. communities, networks, peer, coaches and mentors. 10%Training Learn and develop through structured programs and coures, e.g. training courses, online courses, and reading. 70% Job assignments and experiences Learn and develop by doing, e.g. on the job practice, taking on new challenges or stretched assignments. Learning Model 140 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. 2018 2019 2020 2021 18.58 33.06 30.43 29.92 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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