IOI Corporation Berhad ("IOI") is pleased to publish its second Sustainability Progress Update of the year. Moving forward, the Sustainability Progress Update will be published every four months instead of quarterly. The highlights of this Sustainability Progress Update are as follows:
• The public report by Proforest (Phase 2) on the external verification for implementation of IOI’s policy commitments can be assessed from IOI’s website.
• As of August 2019, two of our palm oils mills, namely Syarimo and Ladang Sabah are now MSPO SCCS-certified.
• IOI Pelita completed Stage 1 of the Resolution Plan in June 2019. The team has now started to implement Stage 2, Community Participatory Mapping. After Stage 2 is done, IOI Pelita and local communities will go for Stage 3, which is the last stage, involving direct negotiations for the final resolution of the dispute.
• Earthworm Foundation has partnered with IOI to conduct a case study on promoting good sustainability practices in retaining workers in plantation.
• Under the South Ketapang Landscape initiative (IOI, Aidenvironment and GEC) adjustments were made to the project’s focus and timeline based on learnings from the initial project implementation, prioritizing on protection of Cagar Alam Muara Kendawangan and reducing the extent of wildfire.
• Under the Bukit Leelau mini Landscape Level Approach, 5 ha of land will be rehabilitated by IOI’s Bukit Leelau Estate and another 5 ha by the “Orang Asli” community.
• IOI Pan-Century has successfully commissioned a new 6.5MW combined heat and power cogeneration plant at its Pasir Gudang site which has started its operation since 13 April 2019.
• IOI Plantation organised its first Sustainability Outreach Programme with three external partners.
Please click HERE to read the full report.