(File pic by IOI Corporation).
IOI Corporation Berhad (IOI) held its second Sustainability Consultation Forum (SCF) on 19 May 2022, facilitated by ERM (Environmental Resources Management (M) Sdn Bhd), with the attendance of 40 participants, including IOI’s board members and senior management as well as external stakeholders.
The focal points of the discussion revolved around the following topics:
- IOI Climate Strategy and Net-Zero Target, and
- Land Use Emissions and Regenerative Agriculture.
These are some of the key recommendations:
- To develop a Net-Zero roadmap consisting of a time-bound emission reduction plan and targets as well as the key greenhouse gas emission reduction initiatives
- To further invest in improving regenerative agriculture practices by collaborating with academia, experts, and agronomists as well as a certification body (Roundtable on Sustainable Palm Oil (RSPO)).
Click here to view the full Executive Summary.