Indorama Ventures publishes first standalone advocacy transparency report

Indorama Ventures released its 2025 Advocacy Transparency Report, independently assured by Bureau Veritas, to show how the company engages on public policy and industry advocacy. The report adds a rare layer of external scrutiny to corporate disclosure on issues like plastics policy, recycling and circular economy accountability.

Why it matters: - Investors, policymakers, customers and civil society are paying more attention to how companies try to shape public policy. - Sustainability rankings and assessments are placing greater weight on transparency around policy influence. - Indorama Ventures is using a standalone, externally assured report to push for clearer standards in corporate advocacy disclosure.

What happened: - Indorama Ventures Public Company Limited published the 2025 edition of its Advocacy Transparency Report. - The report is a standalone corporate reporting initiative and the company describes it as first of its kind. - Bureau Veritas independently assured the report. - The report covers Indorama Ventures’ public policy engagement on waste management, recycling performance, recycled content and circular economy accountability. - The report follows the company’s inaugural 2024 publication.

The details: - Indorama Ventures prepared the report in line with its Principles for Responsible Advocacy, GRI 415: Public Policy and relevant criteria under the S&P Global Corporate Sustainability Assessment. - Bureau Veritas conducted a limited assurance engagement under ISAE 3000 (Revised). - The assurance covered the information specified in Bureau Veritas’ assurance statement. - The report outlines Indorama Ventures’ direct engagement with policymakers and regulators. - The report also covers the company’s participation in industry associations and multi-stakeholder platforms. - The company says the report explains its advocacy governance process and how it reviews participation in industry associations. - In 2025, Indorama Ventures engaged on the UN negotiations toward a global treaty on plastic pollution. - The company also engaged on policy issues across Europe, the United States, Latin America and Thailand. - Colm Jordan, global head of advocacy at Indorama Ventures, said the company wants customers, investors, policymakers and other stakeholders to have greater confidence in the information covered by the assurance engagement.

Between the lines: - The report signals that Indorama Ventures sees advocacy disclosure as part of broader sustainability accountability, not just a compliance exercise. - The standalone format suggests the company wants to separate policy engagement from broader ESG reporting and make it easier to review. - Independent assurance may help address a common problem in this area: disclosure standards remain fragmented across markets and jurisdictions. - The move also puts pressure on peers to explain how they engage on policy questions tied to plastics, recycling and circularity.

What's next: - Indorama Ventures says advocacy transparency remains an emerging area of corporate governance without a single globally accepted approach. - The company is calling for more consistent and comparable expectations across industries and geographies. - The report positions independent assurance as an early step toward those standards rather than a final benchmark. - Indorama Ventures is likely to keep using the report format as its policy engagement expands and scrutiny increases.

The bottom line: - Indorama Ventures is betting that more openness about lobbying and policy engagement will build trust with stakeholders and strengthen its sustainability credentials.