CIRCULAR ECONOMY THOUGHT LEADERSHIP IVL embraces the circular value chain for the positive impacts it has on society, the environment and our business. We areworking hard to create long-termvalue for our stakeholders through innovative designs, efficient and greener production, streamlined logistics, advocacy for responsible consumption, proactive waste collection and extensive recycling. Our Processes Sourcing Design Production Stakeholders Suppliers Our Operations Our Operations Business Partners Our Operations Steps Taken Integrating ESG performance assessments as part of our supplier procurement process. Procurement of sustainable raw materials from renewable sources and recycled products as well as renewable electricity in our operations. Develop lightweight and high-performance products with a higher usage of sustainable and recycled raw materials to enable easier end-of-life management and sustainable product selection. Designs that support composting and recycling with properties and functions which can be tailored for customers and applications. Embrace circularity in our production by progressively increasing our mix of renewable energy and circular bio-based and recycled feedstocks. Reduce critical resource usage, replace potentially harmful resources, and divert waste from going to landfills. 2021 Highlights • 0.2% bio raw materials consumption (which we plan to increase in the upcoming years), pg. 161 • Completed over 10 MWp offsite renewable electricity procurement with over 31 MWp to be finalized, pg. 104 • 7.5% renewable electricity consumption, pg. 100 • Reduced more than 143,000 tCO2e in GHG emissions from utilizing renewable energy, pg. 104 • Deja™ products, pg. 79 • Easy Mask, pg. 81 • Oxiflow F1700, pg. 86 • Circular Innovation Challenge, pg. 75 • 6 sites use 100% renewable electricity, pg. 104 • 55% total reused, recycled and recovered waste, pg. 119 • 78% waste diverted from landfill, pg. 119 72 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. FOR MORE INFORMATION 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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