GLOSSARY 3D Three Dimensional °C Celsius ACC American Chemistry Council ADB Asian Development Bank AI Artificial Intelligence API American Petroleum Institute APR Association of Plastics Recyclers AR Annual Report ASEAN The Association of Southeast Asian Nations BCM Business Continuity Management BCP Business Continuity Plan BOD Biochemical Oxygen Demand BOI Board of Investments BSI British Standard Institute CAC Coalition Against Corruption CAPEX Capital Expenditures CBAM Carbon Border Adjustment Mechanism CCUS Carbon Capture Utilization and Storage CDP Carbon Disclosure Project CDO Chief Information Officers CE Conformitè Europëenne CEO Chief Executive Officer CG Corporate Governance CGPAC Corporate Governance Policy Awareness Campaign CIO Chief Information Officers CIRFS European Man-Made Fibres Association CO2 Carbon Dioxide COD Chemical Oxygen Demand CoE Center of Excellence COO Chief Operating Officer COP Conference of the Parties COSO Committee of Sponsoring Organizations of the Treadway Commission COVID-19 Coronavirus Disease of 2019 CPET Combined PET CPME The Committee of PET Manufactures in Europe CRM Customer Relationship Management CRR Customer Retention Rate CSI Customer Satisfaction Index CSO Chief Sustainability Officer CSR Corporate Social Responsibility CSV Creating Shared Value CTO Chief Technical Officer CyBA Cybersecurity Behavioral Assessment DEG Deutsche Investitions-und Entwicklungsgesellschaft DEI Diversity, Equity, and Inclusion DJSI Dow Jones Sustainability Indices DMAIC Define, Measure, Analyze, Improve and Control DOT Department of Transportation EAG Educator Advisory Group EAP Employee Assistance Program EBITDA Earnings Before Interest, Taxes, Depreciation, and Amortization EBM Extrusion Blow Molding ECHA European Chemicals Agency EDANA European Disposables and Nonwovens Association EDR Endpoint Detection and Response EG Ethylene Glycol EHS Environment, Health, and Safety EIA Environmental Impact Assessment EJIP Employee Joint Investment Plan EMEA Europe, Middle East, and Africa EMS Environmental Management System EO Ethylene Oxide EPOX page 108 EPR Extended Producer Responsibility EPS Core Earnings Per Share ERM Enterprise Risk Management ERP Enterprise Resource Planning ESG Environmental, Social and Governance ETP Effluent Treatment Plant ETS Emissions Trading Schemes EU European Union EU RED European Renewable Energy Directive EUR The Euro EUROPEN The European Organization for Packaging and the Environment EVP Employee Value Proposition FDA Food and Drug Administration FQD Fuel Quality Directive FSC Forest Stewardship Council FTE Full Time Equivalent FTSE4Good Financial Times Stock Exchange-Russell Group GBS Global Business Solution GCEO Group Chief Executive Officer GCNT Global Compact Network Thailand GDP Gross Domestic Product GDPR General Data Protection Regulation GEE Global Employee Engagement GHG Greenhouse Gas GJ Gigajoule GMC Global Management Conference GMO Genetically Modified Organism GPAP Global Plastic Action Partnership GRI Global Reporting Initiative HDPE High-density polyethylene HR Human Resources HRBP Human Resources Business Partners HVA High Value-Added I2P2 Injury and Illness Prevention Program I4C Innovate4Climate ICIS Independent Commodity Intelligence Services IDC International Data Corporation IFC International Finance Corporation IIRC International Integrated Reporting Council ILO International Labour Organization IHS Information Handling Services IMC Indorama Management Council INPI National Institute of Industrial Property IOD Integrated Oxides and Derivatives IOD Thai Institute of Directors IPA Isophthalic Acid iPET Integrated PET IR Integrated Reporting ISCC International Sustainability & Carbon Certification ISO International Organization for Standardization IT Information Technology IVEX Indorama Ventures Excellence IVL Indorama Ventures Public Company Limited Kg Kilogram KPI Key Performance Indicator kt thousand tonnes KWp Kilowatt Peak LCA Life Cycle Assessment LLC Limited Liability Company LPG Liquefied Petroleum Gas LSS Lean Six Sigma LTIFR Lost Time Injury Frequency Rate m3 Cubic Metre MEG Mono-Ethylene Glycol MFA Multi-factor Authentication mg/L Milligrams Per Litre ML Machine Learning MSCI Morgan Stanley Capital International Mwe Megawatt Electrical MWh Megawatt Hour MWp Megawatt Peak MS Microsoft NAPCOR National Association for PET Container Resources NARs Non-accident Releases NCCG Nomination, Compensation and Corporate Governance Committee NCI Non-Controlling Interest NDC Naphthalene Dicarboxylate NDCs Nationally Determined Contributions NGFW Next-generation Firewalls NOX Nitrogen Oxide NPS Net Promoter Score OCS Operation Clean Sweep OHS Occupational Health and Safety OHSAS Occupational Health and Safety Assessment Series OPEX Operating Expenditures OSINT Open-source Intelligence PCL Public Company Limited PCR Post-consumer Recycled PCRC Product Compliance Risk Characterization PDPA Postponement of Personal Data Protection Act PE Polyethylene PET Polyethylene Terephthalate PETCORE PET Container Recycling Europe PETRA PET Resin Association PHAs Process Hazard Analyses PIA Purified Isophthalic Acid PLA Polylactic Acid PNDA Purified 2, 6-Naphthalene Dicarboxylic acid PO Propylene Oxide POC Point of Contact POY Partially Oriented Yarn PP Polypropylene PPE Personal Protective Equipment PR Public Relations PRE Plastics Recyclers Europe PSM Process Safety Management PTA Purified Terephthalic Acid PX Paraxylene R&D Research and Development REACH Registration, Evaluation, Authorisation and Restriction of Chemicals RECOUP RECycling of Used Plastics Limited RMC Risk Management Council RNG Renewable Natural Gas ROCE Return on Capital Employed rPET Recycled Polyethylene Terephthalate RSPO Roundtable on Sustainable Palm Oil S&P Standard and Poor’s SAP System Applications and Products in Data Processing SBTi Science Based Targets Initiative SBTs Science Based Targets sc-CO2 Supercritical Carbon Dioxide SDGs Sustainable Development Goals SET Stock Exchange of Thailand SIN Substitute It Now SLBs Sustainability-linked Bonds SOI Substances of Interest SOPs Standard Operating Procedures SOX Sulfur Oxide SPTs Sustainability Performance Targets SR Sustainability Report SRMC Sustainability and Risk Management Committee SROI Social Return on Investment STEM Science, Technology, Engineering and Mathematics SVHC Substance of Very High Concern TBCSD Thailand Business Council for Sustainable Development tCO2 Tonnes of Carbon Dioxide tCO2e Tonnes of Carbon Dioxide Equivalent TCFD Task Force on Climate-Related Financial Disclosures TEI Thai Environment Institute THB Thai Baht THIS Thailand Sustainability Investment TNFD Task Force on Nature-Related Financial Disclosures TRIR Total Recordable Injury Rate TRIS Thai Rating and Information Services UN United Nations UNGC United Nations Global Compact UNGC COP UNGC Communication on Progress UNPRB United Nations Principles for Responsible Banking UN PRI United Nations Principles for Responsible Investment US United States USD United States Dollar VOC Volatile Organic Compound VPPA Virtual Power Purchase Agreement WBCSD World Business Council for Sustainable Development WEEC Wetlands Edge Environment Center WEF World Economic Forum WFH Work from Home WHRA Workplace Human Rights Assessment WRI World Resources Institute 194 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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