Ioi
Ioi, officially known as IOI Corporation Berhad, is a leading player in the palm oil industry, headquartered in Malaysia (MY). Established in 1969, the company has grown to become a significant force in the global market, with operations spanning across Malaysia and Indonesia. Ioi is renowned for its commitment to sustainable palm oil production, offering a range of products including crude palm oil, palm kernel oil, and specialty fats. With a strong emphasis on sustainability, Ioi has achieved notable milestones, such as being a founding member of the Roundtable on Sustainable Palm Oil (RSPO). The company’s dedication to quality and environmental stewardship has positioned it as a trusted name in the industry, making it a preferred supplier for various sectors, including food, cosmetics, and biofuels.
DitchCarbon Score
How does Ioi's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ioi's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ioi's reported carbon emissions
In 2023, IOI Corporation Berhad, headquartered in Malaysia, reported significant carbon emissions across various scopes. The company emitted approximately 1,061,675,830 kg CO2e in Scope 1, 39,771,000 kg CO2e in Scope 2, and 6,709,997,890 kg CO2e in Scope 3, totalling around 7,811,444,720 kg CO2e. This reflects a commitment to transparency in their emissions reporting. IOI has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. They are a member of the Science Based Targets initiative (SBTi) and have committed to long-term reduction targets, demonstrating their dedication to sustainable practices in the food production sector. The company has also been classified as a BA1.5 member, indicating their alignment with the most stringent climate goals. In previous years, IOI's emissions have shown fluctuations, with Scope 1 emissions recorded at approximately 2,908,467,220 kg CO2e in 2020, decreasing to about 294,807,000 kg CO2e in 2022. This reduction indicates progress in their operational efficiency and sustainability efforts. The company continues to focus on reducing its carbon footprint while enhancing its production processes.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,908,467,220 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 61,148,529 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 8,772,429,700 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ioi is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
