IOI Corporation Berhad (“IOI”) is pleased to publish its progress update on its Sustainability Implementation Plan (SIP) for Q3 2018 together with other sustainability related activities. The highlights of this progress update are summarised as follow:
- IOI published its 2nd annual Sustainability Report in September 2018. The theme of the report is “Attaining Balance” within its three pillars of sustainability of People, Planet and Prosperity. IOI believes that by focusing on “Attaining Balance”, it can strengthen the potential and value of its businesses. The report was prepared in accordance with the Global Reporting (GRI) Standards: Core Option.
- All IOI’s groupings in Sabah are now MSPO-certified, except for Mayvin Grouping and Unico Grouping. In Peninsular, Pukin and Gomali Groupings are now MSPO-certified.
- Having received a conditional endorsement from the RSPO Complaints Panel for the Draft Resolution Plan regarding the IOI Pelita land dispute, IOI and Grassroots embarked on an intensive socialization campaign. The socialization of the Draft Resolution Plan started with stakeholders’ visit to all 11 affected communities, which took place on 1-6 July 2018, and was followed by a workshop for community leaders, which was conducted jointly by IOI and local NGOs on 11 August 2018.
- The findings of Phase 1 (Document Review) of the Proforest’s verification exercise will be published in October 2018. Phase 2 (Ground Verification) of the verification exercise, which will see Proforest conducting on the ground verification in selected estates of its own choosing, is expected to commence in November 2018.
- In July 2018, IOI introduced a revised Agrochemical Management Policy, which covered the scope of storage, handling, transportation, usage and disposal of agrochemicals by its employees at all IOI’s plantations and operations including mills refineries.
- IOI has started to conduct training and socialisation programs in July 2018 on the revised “Policy on Harassment at Workplace”. This policy was finalized in June 2018.
- On 27 June 2018, an unfortunate fire incident destroyed 118 houses at Kampung Gas in Sandakan. The incident left 400 people, including 24 employees from IOI Edible Oils Sdn Bhd (IOIEO) employees, without shelter. Immediately after the disaster, a donation campaign was initiated by IOI to assist the fire victims.
- In July 2018, IOI introduced new Peatland Protection and Management Policy which further details IOI’s effort towards protection, conservation and management of peatlands.
In August 2018 IOI and Aidenvironment finalized the design of the South Ketapang Landscape Initiative. The initiative addresses the most common and critical challenges facing the South Ketapang landscape such as peatland management and rehabilitation, biodiversity conservation, flood and fire prevention, and community livelihood development.
- IOI Oleochemical (IOI Oleo division), manufacturing division of IOI further strengthened its sustainability commitment by establishing a pledge in three key areas: Energy and Water Policies and the Responsible Sourcing Guideline for non-palm materials.
- Moving forward, IOI will revamp the SIP to be more user-friendly. Next year, IOI will publish its update every 6 months and the first update with the new design will be in mid-2019.