94 INDORAMA VENTURES PCL. VISION - TO BE A WORLD-CLASS SUSTAINABLE CHEMICAL COMPANY MAKING GREAT PRODUCTS FOR SOCIETY. SUPPLIER CARBON FOOTPRINT MANAGEMENT PROGRAM By improving our understanding of Scope 3 emissions, this programallows us to assist external stakeholders to lower their environmental impacts bymethodically strengthening internal and external sustainable procurement structures. Sustainable Procurement Pathways Upgrade Key Supplier Tools and Digital Data Systems • Revise the Code of Conduct, Supplier Self-assessment and GHG questionnaire. • Enhance and explore digital supplier engagement tools. Capacity Building • Provide training to global procurement teams. • Productively engage with suppliers who may differ in decarbonization maturities. Supplier Engagement Program • Engage and incentivize suppliers to reduce their carbon footprints. • Align our procurement decisions based on program outcomes. 2021 Highlights Establish a decarbonizing approach in the supply chain - prioritize Scope 3 by aligning procurement decisions to overall decarbonization efforts Reinforce strong ESG principles in procurement and complete supplier tools • Responsible sourcing policy • Self-assessment • GHG questionnaire 1 workshop conducted 2 workshops by Q2/2022 for the global procurement team with plans to engage with key suppliers later in 2022. Methodology A self-assessment questionnaire is given to suppliers to identify the risks and opportunities in areas including regulatory compliance, child and forced labour, human rights, and long-term supply chain management, with special attentionpaid to identify possible child labour and forced or coercive work. 2021 Assessment Results 100% of raw material suppliers and critical non-raw material suppliers were assessed based on human rights-related risks. No key raw materials and critical non-raw materials suppliers were identified as human rights-related risks. No key raw materials and critical non-raw materials suppliers were specified as being exposed to risks of incidents of child, forced and compulsory labour. No complaints concerning human rights in the supply chain were submitted through the grievance reporting system. 100% SUPPLIER ESG ASSESSMENTS & COMPLIANCE MANAGEMENT We are committed to upholding human rights as part of our ESG standards when selecting our suppliers across all of our operating sites (in accordancewith our Human Rights Policy and Supplier Code of Conduct). We assess suppliers for their ability to comply with Labour standards, along with their capacity to provide a safe, discrimination-freeworkplace free of child or forced labour. All this is in addition to adhering to robust environmental standards that they would be subjected to within the supply chain. We trust our suppliers to be vigilant in the compliance of their subcontractors and ensure that the Code of Conduct and Human Rights Policy are binding through our global procurement directive. The Code of Conduct covers legal compliance, ethics, human rights, the environment, health and safety, the handling of private information, mutual trust and respect, and the reporting of any misconduct. It ismandatory for suppliers to performself-certifications and regular evaluations of onsite subcontractor facilities in compliance with the Supplier Code of Conduct. These assessments are monitored until completion and remedial actions are takenbasedon the results. Suppliers who fail to address issues promptly and effectively jeopardize their relationship with IVL. 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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