Suppliers
Sharing Value
Partnership that generates results
Indovinya´s Suppliers Relationship Management has been reformulated to strengthen partnership and recognize those who make the difference.
Together, we will continue to evolve.
Suppliers Relationship Management Version 1 applies to all suppliers that deliver goods and services to Indovinya´s facilities in Brazil, and are related to categories such as Raw Materials, Utilities, Packaging Tolling and Logistics Services.
Learn more about our Suppliers Relationship Management and the Responsible Sourcing Policy
Download the content of the Indovinya´s Suppliers Relationship Management to find out how works the Suppliers Performance Evaluation, considering its metrics and details in one single document.
The Responsible Sourcing Policy gathers essential requirements to become a qualified Indovinya supplier. Read and go through the guidelines.
Quality Self-Assessment Questionnaires
Suppliers must access and fulfill the quality self-assessment questionnaire considering its category, and send it to Indovinya (suprimentos@br.indorama.net).
Raw Materials, Packaging, and Utilities
Renewable Derivatives
Road Transportation
EcoVadis Assessment
Indovinya, a part of Indorama Ventures Public Company Limited (IVL), has an initiative to measure and monitor environmental and social performance in its supply chain through the EcoVadis platform.
Indovinya, a part of Indorama Ventures Public Company Limited (IVL), has an initiative to measure and monitor environmental and social performance in its supply chain through the EcoVadis platform.
Indorama Ventures was recognized in the EcoVadis Paltinum category, scoring 80 points.
Palm Kernel Oil (PKO)
The palm oil production chain, including palm kernel oil, represents social, environmental, and economic challenges. The non-governmental organization Roundtable on Sustainable Palm Oil (RSPO), develops and implements global standards for the sustainable palm oil chain. Indovinya is an ordinary member of this NGO, and in support of the causes it protects, established its in a new Responsible Sourcing Policy PKO and Derivatives, which sets out specific requirements for suppliers of this renewable raw material that is so important for our business.
Responsible Sourcing Policy PKO and Derivatives
Click here.
PKO Traceability
Click here.
Indovinya RSPO-certified units are able to produce and direct sales of RSPO-certified products in the Mass Balance mode.
The products certified in this modality have the acronym MB in their brand.
For more information about RSPO certification, access:
https://www.rspo.org/certification/supply-chains
Grievance Report
Click here.
Sustainability: Supply Chain
Sustainability is a central element of Indovinya’s strategy. One of the actions on this front is the Supplier Relationship Program, which aims to strengthen positive impact partnerships and share the pursuit of innovation and better results. Indovinya believes that the sum of its partnerships is fundamental to the evolution of processes that will contribute to a more sustainable world. Watch the video and learn more about the project.
FAQ – Suppliers Relationship Management
The Supplier Relationship Program is applicable to all suppliers in the categories of Petrochemical and Renewable Raw Materials, Utilities, Packaging, Tolling, and Logistics Services, which is connected to Indovinya’s Units in Brazil. To take part in it is necessary to meet the following criteria:
- Fulfil the Quality Self-Assessment Questionnaire
- Sign the Responsible Sourcing Policy acceptance term
- Perform EcoVadis assessment
- Achieve Supplier Quality Index (SQI)
Once these criteria have been achieved, Indovinya will carry out the Supplier Performance Index (SPI) annually, and will recognize the preferred suppliers according to their performance.
- Suppliers are organized according to the following categories:
Suppliers of Raw Materials (products of petrochemical or petrochemical derivatives origin – eg. ethylene glycol, acetic acid), Utilities (eg. electricity, water, steam), Packaging (eg. drums, bags, pallets) and Tolling - Suppliers of renewable derivatives (products of plant origin – eg sugar cane, palm, coconut, corn)
- Suppliers of maritime and road logistic services, storage, tankage and inspection services.
The EcoVadis assessment is one of the criteria of the Suppliers Relationship Management and is recommended to all suppliers. This assessment generates a sustainability score, which will be considered when calculating the Supplier Performance Index (SPI). Only suppliers that meet all criteria will be eligible for recognition as a preferred supplier.
No. A single term of acceptance of the Responsible Sourcing Policy will be requested, as well as a single Quality Self-Assessment Questionnaire and a single EcoVadis assessment per company, making it valid for all branches of the company.
The Quality Self-Assessment Questionnaires and the Responsible Supply Policy acceptance term will be revalidated every 3 years.
The Supplier Performance Index (SPI) will be calculated considering the Ecovadis Assessment score (30%) plus the Supplier Quality Index (70%), that is, (SPI) = (AE + SQI). Indovinya will annually recognize its suppliers, considering the fulfillment of all program criteria and the best performance evaluation for each category of the supplier.
If the minimum desirable performance indexes are not reached according to the criteria, an action and development plan will be carried out jointly with the supplier to improve its performance. After implementing and monitoring these actions, Indovinya will reevaluate the supplier, applying the Consequences Policy if necessary.