-
Overall approach11/12
-
Overarching commitment on deforestation3/4
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Signatory to an initiative tackling deforestation1/1
-
Awareness of the value of forests1/1
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Deforestation as a business risk1/1
-
High-level management of deforestion1/1
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Executive compensation linked to deforestation
-
Target to reduce emissions from land-use change2/2
-
Reporting on emissions from land-use change2/2
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Disclosure of conservation activity
-
Disclosure of reforestation activity
-
Target to reduce emissions in scope 1/2
-
-
Commodity score50/88
-
Palm oil71/88
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Commitment Strength17/20
-
Commitment to protect priority forests6/8
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Commitment detailsZero-gross deforestation4/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target date20230.5/0.7
-
Interim target dateYes0.3/0.3
-
-
Commitment to protect High Carbon Stock areas and/or peatlands5/5
-
Commitment detailsYes3/3
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target date20230.5/0.7
-
Interim target dateYes0.3/0.3
-
-
Commitment to a traceable supply chain6/6
-
Commitment detailsTraces to Point of production4/4
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target datePast target date, not updated or not achieved0/0.7
-
Interim target dateYes0.3/0.3
-
-
-
Social Considerations16/18
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Labour rights in the supply chainYes4/4
-
Inclusion of small-scale farmersYes4/4
-
Gender equality in the supply chainCommitment to ensure equality of women in the supply chain2/4
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Commitment to remediationYes2/2
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Commitment to ensure Free, Prior and Informed ConsentYes, the company commits to securing FPIC prior to acquiring new interests, developments, or expansions4/4
-
Commitment to resolve land conflictsYes
-
-
Reporting and Implementation38/50
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Reporting against commitments2/2
-
Commitment to protect priority forestsYes, for all commodity exposure1.7/1.7
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, for all commodity exposure1.7/1.7
-
Commitment to a traceable supply chainYes, for all commodity exposure1.7/1.7
-
-
Reporting is independently verified1/1
-
Commitment to protect priority forestsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to protect High Carbon Stock areas and/or peatlandsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to a traceable supply chainYes, using a third-party verification scheme or certification scheme.1/1
-
-
Suppliers aligned with deforestation commitments across supply chainYes, encouraged0/2
-
Deforestation cut off dateYes, for all sourcing regions/operations2/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskYes2/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismYes, and published details of any grievances within the last two years (2019-2021)4/4
-
Report volumes of commodityReporting total volume2/2
-
Report verified volumes of commodity80-99%4/6
-
Upstream: Monitor compliance with human rightsYes, commit to monitoring compliance with labour/worker rights2/4
-
Upstream: Impact assessments for land development/acquisitionYes4/4
-
Upstream: Reporting production/processing locationsReports location of company-owned processing facilities1/4
-
Downstream: Publishing supplier listsYes, report direct suppliers; Yes, report indirect suppliers4/4
-
Upstream: Monitor compliance of production/processingYes, using a third-party verification system4/4
-
Upstream: Reporting hectares of deforestationYes, for all operations4/4
-
Downstream: Monitor compliance in supply chainYes, for its suppliers production or primary processing operations in its supply chains4/4
-
Downstream: Reporting hectares of deforestationYes, for all sourcing4/4
-
Downstream: Engagement with non-compliant suppliersEngage with suppliers with a time-bound threat of exclusion2/2
-
Downstream: Disclosure of non-compliant suppliersYes, engaged1/2
-
-
-
Pulp & Paper *7/88
-
Commitment Strength4/20
-
Commitment to protect priority forests4/8
-
Commitment detailsCredible certification scheme2/6
-
Commitment applies to all regions, suppliers and operationYes1.3/1.3
-
Target dateCurrent/achieved0.7/0.7
-
Interim target dateNA (target date current or achieved or 2022)0.3/0.3
-
-
Commitment to reduce use of virgin wood fibre0/5
-
Commitment detailsNo0/3
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateNo target date0/0.7
-
Interim target dateNo0/0.3
-
-
Commitment to a traceable supply chain0/6
-
Commitment detailsNo traceability commitment0/4
-
Commitment applies to all regions, suppliers and operationNo0/1.3
-
Target dateNo target date0/0.7
-
Interim target dateNo0/0.3
-
-
-
Social Considerations0/18
-
Labour rights in the supply chainNo0/4
-
Inclusion of small-scale farmersNo0/4
-
Gender equality in the supply chainNo commitment0/4
-
Commitment to remediationNo0/2
-
Commitment to ensure Free, Prior and Informed ConsentNo0/4
-
Commitment to resolve land conflictsNo
-
-
Reporting and Implementation3/50
-
Reporting against commitments0/2
-
Commitment to protect priority forestsYes, for all commodity exposure1.7/1.7
-
Commitment to reduce use of virgin wood fibreNo0/1.7
-
Commitment to a traceable supply chainNo0/1.7
-
-
Reporting is independently verified0/1
-
Commitment to protect priority forestsYes, using a third-party verification scheme or certification scheme.1/1
-
Commitment to reduce use of virgin wood fibreNo0/1
-
Commitment to a traceable supply chainNo0/1
-
-
Suppliers aligned with deforestation commitments across supply chainNo0/2
-
Deforestation cut off dateNo0/2
-
Collaborative actionsNo0/2
-
Risk assessments for forest riskNo0/2
-
Operations assessed to comply with lawNo0/2
-
Accessible grievance mechanismNo0/4
-
Report volumes of commodityNo reporting0/2
-
Report verified volumes of commodityNo disclosure0/6
-
Upstream: Monitor compliance with human rightsNo0/4
-
Downstream: Publishing supplier listsNo0/4
-
Downstream: Monitor compliance in supply chainNo0/4
-
Downstream: Reporting hectares of deforestationNo0/4
-
Downstream: Engagement with non-compliant suppliersNo engagement or exclusion0/2
-
Downstream: Disclosure of non-compliant suppliersNo disclosure0/2
-
-
-
-
Commitment strength13/20
-
Reporting and Implementation26/50
-
Social considerations11/18
* commodity scores for which a company is not a powerbroker are given half the weighting of other commodities in total scores
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. IOI Corporation Bhd. is selected as a powerbroker for palm oil.
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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.
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