Shared Value takes an essential step beyond Corporate Social Responsibility (CSR), not about philanthropy and donations or even social contributions. It is about creating meaningful business and economic such as a competitive advantage, brand reputation, secured supply chain as well as response to social needs or community concerns.

We bring the Shared Value concept into IVL’s CSR strategy. We aim to create a maximum impact on society as well as create value and benefit both community and company. The Global CSR team has initiated “IVL’s Shared Value Awards” to inspire and encourage all employees to uplift the CSR activities.

Since 2020, we have supported our members around the world to continue the project and remain the benefit to the company and society in the long run.

Highlight Activities in 2021:

• “IOD Hand Sanitizer” from Integrated Oxides & Derivatives, USA.

This initiative aims to help relieve the shortage caused by COVID-19 by producing hand sanitizer and other relevant cleaning products, and distribute to hospitals, local governments, and police departments. A product formulation was developed per Environment Protection Agency (EPA) for an Ethanol-based sanitizing solution.

• “PET Recycling” from Indorama Ventures Polímeros S.A. - Suape, Brazil

This program is aligned with the company’s commitment on Recycling, towards the global target of recycling 50 billion bottles by 2025. Also, this program creates a “Change agent of recycling” that leads to sustainability in the local community.

• “Gymnasium students – Engineering fields” from Orion Global PET (OGP), Lithuania

This initiative aims to enhance the student’s knowledge in the local community and encourage them to continue studying at the university, leading to job creation and opportunity as well as a good relationship with the community.