IOI Corporation Berhad ("IOI") is pleased to publish its third Sustainability Progress Update of the year 2019. The highlights of this Sustainability Progress Update are as follows:

• IOI achieves full Malaysian Sustainable Palm Oil (MSPO) certification in November 2019.
• IOI signed Collective Agreement with National Union of Plantation (NUPW) on 23 December 2019.
• IOI involved in the MSPO review working groups formed by Malaysian Palm Oil Certification Council (MPOCC).
• Collaboration between IOI and Earthworm Foundation (EF) produced a video which showcase how good labour and human rights practices improved workers retention.
• IOI-Pelita completed Stage 1 of the Resolution Plan and is now finalising Stage 2 (Community Participatory Mapping) which is being conducted with the assistance of a local NGO. The final stage, Stage 3 (Negotiations for the Final Settlement) is expected to start in March 2020.
• Livelihood enhancement through ‘Plant Your Own Food’ Initiative implemented in IOI Ladang Sabah Grouping.
• Progress on smallholders FFB yield improvement through partnership on Initiatif Lestari Untuk Hasil Agrikultur Mampan (ILHAM) Project.
• First anniversary of the South Ketapang Landscape Initiative marked by holding a multi-stakeholder forum, which was officiated by the Regent of Ketapang.
• Collaboration between IOI and the HUTAN-PONGO Alliance to conduct a study on “orangutan population at the estates adjacent to Kinabatangan river” resulted in a 4-day scoping visit to Morisem and Leepang estates.
• Progress on suppliers’ engagement and transformation programme through Tools for Transformation (T4T) system and supplier engagement workshops.
• Annual management review on sustainability matters were conducted at PT Sawit Nabati Agro (SNA) and Sabah regions in November and December 2019 respectively.

Please click HERE to read the full report.