IOI Corporation Bhd.

Overall approach

1/14
- Overarching commitment on deforestation
  
  0/6
  
  Deforestation commitment
  
  Commodity-specific
  
  0/6
  
  Palm oil
  
  "Biodiversity conservation commitments that have been integrated into the Group’s SPOP include: no deforestation, protection of High Conservation Value (HCV), High Carbon Stock (HCS) and no new development on peatland. "
  
  Open source document
- Signatory to an initiative tackling deforestation
  
  0/1
- Awareness of the value of forests
  
  1/1
  
  Awareness
  
  Yes
  
  1/1
  
  "IOI is keenly aware of its important role in protecting, conserving and rehabilitating the ecosystems in and around its estates. IOI commit to strictly adhering to all relevant laws, RSPO, RSPO NEXT, MSPO, and ISCC certification principles regarding biodiversity protection and enhancement."
  
  Open source document
- Target to reduce emissions from land-use change
  
  0/3
- Reporting on emissions from land-use change
  
  0/3
Commodity score

33/86
- Palm oil
  
  66/86
  - Commitment Strength
    
    34/36
    - Commitment to protect priority forests
      
      13/15
      - Commitment details
        Forest-related commitment
        
        6/8
        
        Commitment to protect priority forests
        
        Forest-related commitment
        
        6/8
        
        Type of commitment: Zero deforestation; Certification
        Certification schemes mentioned: RSPO
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Commitment applies to all sourcing regions
        Yes
        
        1/1
        
        Commitment applies to all sourcing regions
        
        Yes
        
        1/1
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Commitment applies to all operations
        Yes
        
        1/1
        
        Commitment applies to all operations
        
        Yes
        
        1/1
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Commitment applies to all direct suppliers
        Yes
        
        1/1
        
        Commitment applies to all direct suppliers
        
        Yes
        
        1/1
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Commitment applies to all indirect suppliers
        Yes
        
        1/1
        
        Commitment applies to all indirect suppliers
        
        Yes
        
        1/1
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Target date
        Current
        
        1.3/1.3
        
        Target date
        
        Current
        
        1.3/1.3
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
      - Target is quantifiable
        Yes
        
        1.3/1.3
        
        Target is quantifiable
        
        Yes
        
        1.3/1.3
        
        "Our existing plantations in Peninsular Malaysia and Sabah (except recently acquired plantations which are covered under a time-bound plan) are 100% RSPO certified. We will now build on this by: Committing to implement RSPO NEXT in our Malaysian plantations, commencing end of 2016 [...] Certifying the outstanding management units, including Sarawak and Indonesia, in accordance with the published time-bound plan [...] Ensur[ing] all our Malaysian plantations are MSPO certified by the endof 2018."
        
        Open source document
    - Commitment to protect High Carbon Stock areas and/or peatlands
      
      11/11
      - Commitment details
        Yes
        
        4/4
        
        Commitment to protect High Carbon Stock areas and/or peatlands
        
        Yes
        
        4/4
        
        Type of commitment: HCS; Peat
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through watermanagement and fire prevention."
        
        Open source document
      - Commitment applies to all sourcing regions
        Yes
        
        1/1
        
        Commitment applies to all sourcing regions
        
        Yes
        
        1/1
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention."
        
        Open source document
      - Commitment applies to all operations
        Yes
        
        1/1
        
        Commitment applies to all operations
        
        Yes
        
        1/1
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention."
        
        Open source document
      - Commitment applies to all direct suppliers
        Yes
        
        1/1
        
        Commitment applies to all direct suppliers
        
        Yes
        
        1/1
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention."
        
        Open source document
      - Commitment applies to all indirect suppliers
        Yes
        
        1/1
        
        Commitment applies to all indirect suppliers
        
        Yes
        
        1/1
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention."
        
        Open source document
      - Target date
        Current
        
        1.3/1.3
        
        Target date
        
        Current
        
        1.3/1.3
        
        "Sustainability commitments [...] which are applicable to any new oil palm plantings by IOI and its third-party suppliers are identified below: No deforestation and protection of High Conservation Value (HCV) areas [...] No deforestation of High Carbon Stock (HCS) forests [...] No development of peatlands regardless of depth, and protection of peatlands through water management and fire prevention."
        
        Open source document
      - Target is quantifiable
        Yes
        
        1.3/1.3
        
        Target is quantifiable
        
        Yes
        
        1.3/1.3
        
        Applies to all new plantings
        
        Open source document
    - Commitment to a traceable supply chain
      
      11/11
      - Commitment details
        traces to Point of production
        
        4/4
        
        Commitment to a traceable supply chain
        
        traces to Point of production
        
        4/4
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Commitment applies to all sourcing regions
        Yes
        
        1/1
        
        Commitment applies to all sourcing regions
        
        Yes
        
        1/1
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Commitment applies to all operations
        Yes
        
        1/1
        
        Commitment applies to all operations
        
        Yes
        
        1/1
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Commitment applies to all direct suppliers
        Yes
        
        1/1
        
        Commitment applies to all direct suppliers
        
        Yes
        
        1/1
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Commitment applies to all indirect suppliers
        Yes
        
        1/1
        
        Commitment applies to all indirect suppliers
        
        Yes
        
        1/1
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Target date
        2020
        
        1.2/1.3
        
        Target date
        
        2020
        
        1.2/1.3
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
      - Target is quantifiable
        Yes
        
        1.3/1.3
        
        Target is quantifiable
        
        Yes
        
        1.3/1.3
        
        "[IOI Group's] goal is to ensure that all volumes of palm oil and palm oil fractions will be 100% traceable to mills by the end of 2016 while palm kernel oil volumes will be traceable to crushers by end 2016 and to the mills by end 2018; this will be extended towards 100% traceable to plantation by the end of 2020."
        
        Open source document
  - Reporting and Implementation
    
    23/34
    - Reporting against commitments
      
      4/6
      - Commitment to protect priority forests
        Yes
        
        2/2
        
        Commitment to protect priority forests
        
        Yes
        
        2/2
        
        In their 2018 Social Responsibility Report, IOI Group state that 97% of estates and 92% of mills in Malaysia are RSPO certified.
        
        Open source document
      - Commitment to protect High Carbon Stock areas and/or peatlands
        No
        
        0/2
      - Commitment to a traceable supply chain
        Yes
        
        2/2
        
        Commitment to a traceable supply chain
        
        Yes
        
        2/2
        
        Palm oil 36% traceable to plantation, Palm Kernel Oil 26% traceable to plantation
        
        Open source document
    - Reporting is independently verified
      
      1/4
      - Commitment to protect priority forests
        Yes
        
        1.3/1.3
        
        Commitment to protect priority forests
        
        Yes
        
        1.3/1.3
        
        certification
        
        In their 2018 Social Responsibility Report, IOI Group state that 97% of their estates and 92% of mills in Malaysia are RSPO certified.
        
        Open source document
      - Commitment to protect High Carbon Stock areas and/or peatlands
        No
        
        0/1.3
      - Commitment to a traceable supply chain
        No
        
        0/1.3
    - Deforestation cut off date
      No
      
      0/2
    - Monitoring and verification of supplier compliance
      Non-specific monitoring statement
      
      2/4
      
      Monitoring and verification of supplier compliance
      
      Non-specific monitoring statement
      
      2/4
      
      "To ensure continuous compliance with its policies, IOI conducts regular engagement visits and workshops for mills within its direct supply chain. For third-party suppliers, IOI has implemented and communicated a proactive mill-level monitoring program [...] When a breach of policy commitment is identified, the party in question will be subjected to oversight by the independent SAP. Failure or refusal to meet IOI’s time-bound plan to rectify issues will result in business suspension."
      
      Open source document
    - Engagement with non-compliant suppliers
      Engage with suppliers with a time-bound threat of exclusion
      
      4/4
      
      Engagement with non-compliant suppliers
      
      Engage with suppliers with a time-bound threat of exclusion
      
      4/4
      
      "To ensure continuous compliance with its policies, IOI conducts regular engagement visits and workshops for mills within its direct supply chain. For third-party suppliers, IOI has implemented and communicated a proactive mill-level monitoring program [...] When a breach of policy commitment is identified, the party in question will be subjected to oversight by the independent SAP. Failure or refusal to meet IOI’s time-bound plan to rectify issues will result in business suspension."
      
      Open source document
    - Publishing supplier lists
      Discloses supplier list
      
      4/4
      
      Publishing supplier lists
      
      Discloses supplier list
      
      4/4
      
      IOI Corporation Berhad report a list of their palm mills.
      
      Open source document
    - Accessible grievance mechanism
      Yes
      
      4/4
      
      Accessible grievance mechanism
      
      Yes
      
      4/4
      
      Both
      
      IOI Corporation Berhad have a grievance mechanism which is accessible to everyone.
      
      Open source document
    - Collaborative actions
      No
      
      0/2
    - Report volumes of commodity
      Full
      
      4/4
      
      Report volumes of commodity
      
      Full
      
      4/4
      
      1,944,409.00 Tonnes
      
      IOI Corporation Berhad reported their total volume as 1,944,409.00 tonnes,and their certified volume as 556,430 tonnes.
      
      Open source document
  - Social Considerations
    
    9/16
    - Commitment to ensure Free, Prior and Informed Consent
      Yes
      
      4/4
      
      Commitment to ensure Free, Prior and Informed Consent
      
      Yes
      
      4/4
      
      New plantings must "respect the land tenure rights of indigenous and local communities, including their right to give or withhold their Free, Prior and Informed Consent (FPIC) to operations on land over which they hold legal, communal or customary rights in accordance with the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the Social Requirements for Conserving High Carbon Stock Forests."
      
      Open source document
    - Labour rights in the supply chain
      Yes
      
      4/4
      
      Labour rights in the supply chain
      
      Yes
      
      4/4
      
      ILO; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
      
      IOI Group abide by the minimum standards for human rights as set by the ILO and the UN Declaration on Human Rights. They require their suppliers to ensure their workers' have freedom of association, and to be free from forced labour, child labour and discrimination.
      
      Open source document
    - Gender equality in the supply chain
      Discrimination/Gender Rights/Harassment
      
      1/4
      
      Gender equality in the supply chain
      
      Discrimination/Gender Rights/Harassment
      
      1/4
      
      IOI Corporation Berhad commit to "Provide fair and equal employment opportunities for all employees, regardless of race, nationality, religion or gender."
      
      Open source document
    - Inclusion of small-scale farmers
      No
      
      0/4
- Pulp & Paper
  
  0/86
  - Commitment Strength
    
    0/36
    - Commitment to protect priority forests
      
      0/15
      - Commitment details
        No commitment
        
        0/8
      - Commitment applies to all sourcing regions
        No
        
        0/1
      - Commitment applies to all operations
        No
        
        0/1
      - Commitment applies to all direct suppliers
        No
        
        0/1
      - Commitment applies to all indirect suppliers
        No
        
        0/1
      - Target date
        No deadline
        
        0/1.3
      - Target is quantifiable
        No
        
        0/1.3
    - Commitment to reduce use of virgin wood fibre
      
      0/11
      - Commitment details
        No
        
        0/4
      - Commitment applies to all sourcing regions
        No
        
        0/1
      - Commitment applies to all operations
        No
        
        0/1
      - Commitment applies to all direct suppliers
        No
        
        0/1
      - Commitment applies to all indirect suppliers
        No
        
        0/1
      - Target date
        No deadline
        
        0/1.3
      - Target is quantifiable
        No
        
        0/1.3
    - Commitment to a traceable supply chain
      
      0/11
      - Commitment details
        No traceability commitment
        
        0/4
      - Commitment applies to all sourcing regions
        No
        
        0/1
      - Commitment applies to all operations
        No
        
        0/1
      - Commitment applies to all direct suppliers
        No
        
        0/1
      - Commitment applies to all indirect suppliers
        No
        
        0/1
      - Target date
        No deadline
        
        0/1.3
      - Target is quantifiable
        No
        
        0/1.3
  - Reporting and Implementation
    
    0/34
    - Reporting against commitments
      
      0/6
      - Commitment to protect priority forests
        No
        
        0/2
      - Commitment to reduce use of virgin wood fibre
        No
        
        0/2
      - Commitment to a traceable supply chain
        No
        
        0/2
    - Reporting is independently verified
      
      0/4
      - Commitment to protect priority forests
        No
        
        0/1.3
      - Commitment to reduce use of virgin wood fibre
        No
        
        0/1.3
      - Commitment to a traceable supply chain
        No
        
        0/1.3
    - Deforestation cut off date
      No
      
      0/2
    - Monitoring and verification of supplier compliance
      No monitoring
      
      0/4
    - Engagement with non-compliant suppliers
      No engagement or exclusion
      
      0/4
    - Publishing supplier lists
      No disclosure
      
      0/4
    - Accessible grievance mechanism
      No
      
      0/4
      
      Accessible grievance mechanism
      
      No
      
      0/4
      
      Open source document
    - Collaborative actions
      No
      
      0/2
    - Report volumes of commodity
      No reporting
      
      0/4
  - Social Considerations
    
    0/16
    - Commitment to ensure Free, Prior and Informed Consent
      No
      
      0/4
    - Labour rights in the supply chain
      No
      
      0/4
    - Gender equality in the supply chain
      No commitment
      
      0/4
      
      Gender equality in the supply chain
      
      No commitment
      
      0/4
      
      Open source document
    - Inclusion of small-scale farmers
      No
      
      0/4
Commitment strength

17/36

Avg. score
Reporting and Implementation

12/34

Avg. score
Social considerations

5/16

Avg. score

Profile

IOI Corporation is a global, vertically integrated palm oil company active throughout the supply chain from cultivation to manufacturing. The company has one of the top ten largest landbanks for palm oil globally, with more than 225,000 hectares of plantation land in Indonesia and Malaysia. Its 15 mills have an annual capacity for more than 4.5 million metric tons of fresh fruit bunches. IOI also owns four refineries in Malaysia and the Netherlands with an annual capacity of more than 3 million metric tons. Its products include oleochemicals and specialty oils and fats for the food industry.

Sector

Industry sector

Agriculture, Ingredients, Oils & fats

Segments

Producer

Malaysia

Company Type

Company type

Public listed

Collective Commitments

Consumer Goods Forum member

New York Declaration on Forests signatory

Top Brands

Century

How we assess the Forest 500

To ensure deforestation free supply chains, companies need to adopt and implement timebound and measurable policies for forest risk commodities.

All assessments use policies published on company websites, some links may have changed or been removed since the time of assessment.

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Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.

ioi_corporation_berhad_-_ioi_mk.png

IOI Corporation Bhd.

Total

Score:

Total score:

34%

Profile

Top Brands

How we assess the Forest 500

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Disclaimer

ioi_corporation_berhad_-_ioi_mk.png

IOI Corporation Bhd.

Total

Score:

Total score: 34%

Profile

Top Brands

How we assess the Forest 500

More companies

Disclaimer

Total score:

34%