By: ICN Bureau
Last updated : May 09, 2024 4:51 pm
This recognition is a testament to our unwavering commitment to environmental stewardship, ethical governance, and social responsibility
Indorama Ventures Public Company Limited, a global sustainable chemical company, announced that MSCI awarded the company an upgraded ‘AA’ from ‘A’ rating, ranking it in the ‘Leader’ category for its Environmental, Social, and Governance (ESG) performance towards achieving its ongoing sustainability goals and commitments.
Morgan Stanley Capital International (MSCI), a leading provider of research-driven indices and analytics, ranked Indorama Ventures among the top 12% of 57 global companies in the commodity chemicals sector. This upgraded rating illustrates Indorama Ventures’ performance to exceed industry peers while minimizing its environmental footprint.
Yash Lohia, Chairman of the ESG Council at Indorama Ventures, said: “We are immensely proud of our upgrade to an 'AA' MSCI ESG rating, which not only highlights our dedication to sustainable operational excellence but also aligns with our purpose of reimagining chemistry together to create a better world. This recognition is a testament to our unwavering commitment to environmental stewardship, ethical governance, and social responsibility.”