IOI Group – Sustainability Progress Update
01/08/2017, Corporate Sustainability

We are pleased to publish our progress update on our Sustainability Implementation Plan (SIP). This progress update will also cover the recent enhancements made to our Sustainable Palm Oil Policy (SPOP).

Progress highlights include the following:
  • Completion of the Grassroots and IOI’s joint field verification visit to Long Teran Kanan with RSPO as observers, from 3 to 7 July 2017. A follow up meeting was held between IOI, Grassroots and RSPO on 18 July to discuss Grassroots recommendations, RSPO’s role and the development of a corresponding IOI action plan. IOI will publish its action plan in August.
  • Completion of the independent Labour Rights verification assessment work (desk and field work) by international consultant BSR. A final verification report is now being prepared by BSR and will be published by IOI in August. 
  • Enhancements to IOI’s SPOP following dialogues with NGOs. Updates include a Third-Party Supplier Annex, a commitment to the revised High Carbon Stock Approach (HCSA), as well as commitments to no recruitment fees and no retention of worker passports. IOI is consulting with NGOs on the development of no recruitment fee guidelines and expects to finalise those in August. 
  • Completion of the LiDAR peatland flyover assessments in Ketapang. Ground “Truthing” is now underway and IOI expects to receive the final peatland data analysis in the next three months which will be used in the development of our Ketapang Landscape Level Approach. IOI has also approached and proposed a collaboration with the Palm Oil Innovation Group (POIG) in a pilot project to align and integrate relevant POIG indicators in our Ketapang Landscape Level Approach especially for projects related to peatlands. 
  • The completion of peatland exposure mapping and prioritisation in IOI’s third-party supply chain. 
  • Submission of an IOI action plan and progress update to the RSPO Complaints Panel (CP) following ground verification visits to IOI’s Ketapang concessions by the RSPO in September 2016 and February 2017. 

Our full report can be accessed HERE.