Track Progress, Communicate Actions, and Meet Expectations

Assessment Reports

We engage with external parties such as non-governmental organisations (NGOs) and independent consultants from time to time to ensure a check-and-balance in our sustainability progress. In addition, our customers will also conduct their own assessment on us periodically to ensure that we uphold our commitments, as outlined in our Sustainable Palm Oil Policy (SPOP) as well as other policies that are derived from it. Click on links below to view and download our external party assessment reports.

  1. Proforest external verification (Phase 1) public summary report
  2. Proforest external verification (Phase 2) public summary report
  3. Summary Report on Migrant Worker Management Assessment by BSR
  4. Finnwatch Assessment Report: April 2018
  5. Finnwatch Assessment Report: May 2016

We also report all our activities, progress updates, initiatives, etc, annually in our Annual Sustainability Report. Please click here for all our reports.

Certifications

IOI integrates sustainability into every aspect of its operations through its commitment to produce in an environmentally sound and sustainable manner. As a founding member of the RSPO, we have been playing an active role in promoting sustainable practices since its inception in 2004. We also advocate sustainable agricultural practices in its estates to bring growth and use of certified sustainable palm oil (CSPO) to the world market. To date, all of our palm oil mills and estates in Malaysia (except mills and estates of our newly-acquired entity Unico-Desa Plantation Berhad) have successfully attained the RSPO certification.

For the current list of certified mills, click here.

Further to RSPO certification for our palm oil mills and supply bases, all of our operating units and supply chain units in Malaysia and overseas have successfully obtained the RSPO Supply Chain Certification which allows IOI to sell CSPO to our clients worldwide.

For the current list of certified units, click here.

IOI is also actively pursuing the International Sustainability and Carbon Certification (ISCC) for our palm oil mills and estates in Malaysia. ISCC is the first international certification system that can be used to prove sustainability and greenhouse gas savings for all kinds of bio-mass and bio-energy.

For the current list of certified units, click here.

In March 2018, IOI's Sustainable Palm Oil Policy (SPOP) was revised to include our commitment towards MSPO certification. Under Section 4 “Existing Plantations” of the SPOP, IOI stated that we are “committing towards sustainable production of palm oil and its continuous improvement as outlined in the MSPO guidelines. In supporting the Malaysian government’s target, we will ensure all our Malaysian plantations are MSPO certified by the end of 2018.”

IOI's manufacturing premises are ISO 9001:2000 and HACCP accredited. They are also certified and accredited by globally recognised bodies in various areas of quality and international standards compliance.

The list of our subsidiaries’ accreditations from various bodies can be viewed at IOI Oleochemical website and Bunge Loders Croklaan website respectively.

ESG Rating

IOI continues to participate actively in leading ESG ratings and indices as a way to manage sustainability criteria that are both industry-specific and financially material and to communicate to all interested stakeholders such as customers and investors, our commitments in addressing their concerns. Below are our performance as of June 2022.

As of September 2023, our company was ranked in the 59th percentile in the FOA Food Products industry in the S&P Global Corporate Sustainability Assessment as selection process of constituents for the Dow Jones Sustainability Indices (“DJSI”).

As of 2022, IOI scored "B" for Water Security and "C" for both Climate Change and Forests.

IOI remains a constituent of the FTSE4Good Index Series with improved overall score from 3.4 to 3.6. The company is among the top 5 subsectors peers (farming and fishing) with a strong Governance score of 4.7.

IOI's ESG risk rating score has improved from 25 to 24.7. The company has a medium risk with strong management of relevant issues. IOI is ranked 6th out of 110 companies in the agricultural subindustry.

IOI’s ESG Rating score remained “BBB” for 2023 Morgan Stanley Capital International (“MSCI”) rating.

Overall percentage score for IOI has increased to 83.5% from 79.7% despite the increased number of indicators. Additionally, IOI is ranked 14th out of 100 worldwide palm oil producers, processors and traders

IOI Oleochemical sites i.e., IOI Acidchem (“ACM”), IOI Pan-Century Oleochemicals and IOI Oleo GmbH all were awarded Gold for EcoVadis Sustainability Rating in 2022. This rating covers non-financial management systems such as Labor, Human Rights, Ethics, etc.

Membership/Association/Global Initiatives

  • Malaysian Palm Oil Association – MPOA
  • Malaysian Palm Oil Board – MPOB
  • Malaysian Oleochemical Manufacturers Group – MOMG
  • ASEAN Oleochemical Manufacturers Group – AOMG
  • Responsible Care Program under the Chemicals Industries Council of Malaysia – CICM
  • Prai Chemical and Gas Group under Federation of Malaysian Manufacturers – FMM
  • FTSE4Good Index
  • Roundtable on Sustainable Palm Oil – RSPO
  • International Sustainability & Carbon Certification – ISCC
  • Fire Free Alliance – FFA
  • SEDEX: Supplier B Membership
  • EcoVadis Survey
  • Sustainable Palm Oil Choice
  • United Nation Sustainable Development Goal – UN SDGs
  • Carbon Disclosure Project – CDP
  • United Nation Global Compact Network Malaysia