Indorama Ventures showcases sustainability at COP29, Azerbaijan

Indorama Ventures, a global leader in sustainable chemicals, made significant strides in recycling and sustainability, showcased at the 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. The company’s participation highlighted its commitment to a circular economy. A key milestone was the recycling of over 130 billion post-consumer PET bottles since 2011. Innovative solutions like the world's first sustainable monolayer PET bottle for sparkling wine and the world's first commercial-scale bio-PET bottle exemplify Indorama Ventures dedication to sustainable production.

Indorama Ventures' executives actively contributed to COP29's discussions, emphasizing the importance of international cooperation and circular economy principles. Anthony M Watanabe, Chief Sustainability Officer, outlined ‘The Six Secrets of Circularity’ and highlighted the potential to reduce global emissions by 40 per cent by 2050 through a circular approach.

Yash Lohia, Chairman of the ESG Council, emphasized the company's commitment to addressing climate and sustainability challenges. By collaborating with governments and investing in sustainable technologies, Indorama Ventures aims to drive positive change in the chemical industry. Indorama Ventures' presence at COP29 underscores its role in shaping a sustainable future and its dedication to creating a positive impact on the environment and communities worldwide.