IOI’s improved performance in Carbon Disclosure Program
20/02/2019Corporate Sustainability

IOI Corporation Berhad (IOIC) is pleased to announce that it has achieved another important milestone in its sustainability performance. In January 2019, IOIC made good progress in the Carbon Disclosure Program (CDP) 2018, organised by CDP which is a not-for-profit organisation that promotes corporate transparency and the measurement of environmental action.

Over 7,000 companies responded to CDP surveys in 2018, and IOIC is among the few companies in Malaysia that has submitted full responses in three segments, i.e., Climate Change, Water Security and Forest (Palm Oil). In the Water Security and Forest (Palm Oil) segments, IOIC scored B- and B respectively. According to CDP, both scores are within the MANAGEMENT band. This is higher than the Food, Beverage and Tobacco average of C, and higher than the Asia regional average of C. The full results are available publicly on CDP’s website (https://www.cdp.net/en).

IOIC also made major progress in the Forest (Palm Oil) segment for 2018 and resulting in IOI receiving the "Most Improved Performance in Hong Kong and Southeast Asia” award for this segment’s disclosure.

Moving forward, IOIC aims to continue to lead in terms of environmental performances and to emulate the same level of achievements.