Indorama Ventures — Ethics Grade D

Indorama Ventures receives an overall ethics grade of D (38/100) on CancelCo's corporate accountability database. Sector: Agriculture. Market cap: Large Cap.

Category scores

• labor: 45
• privacy: 80
• consumer: 50
• environment: 30
• humanRights: 40

Documented incidents (3)

• Water Pollution in Thailand (high, 2022) — The company faced investigations regarding chemical leaks from its Nakhon Pathom facility, leading to severe air quality issues and water contamination concerns for local residents.
• Migrant Worker Grievances (medium, 2021) — Reports indicated inadequate living conditions and restricted movement for migrant workers at several Southeast Asian production sites during the pandemic.
• Plastic Waste Contribution (high, 2020) — As one of the world's largest PET producers, the company was criticized for its role in the global plastic pollution crisis and insufficient circular economy targets.

Documented good deeds

• PET Recycling Expansion — Committed to recycling 50 billion PET bottles annually by 2025 through massive investments in global recycling infrastructure.

Ethical alternatives

• Ecovativ Design — Utilizes mycelium-based materials to replace plastics and synthetic foams.