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 95% 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 reported total carbon emissions of approximately 7,999,999,890 kg CO2e, comprising 1,061,675,830 kg CO2e from Scope 1, 39,771,000 kg CO2e from Scope 2, and about 6,709,997,890 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, with 2022 emissions at approximately 1,000,000,000 kg CO2e for Scope 1, 32,758,000 kg CO2e for Scope 2, and about 1,716,676,000 kg CO2e for Scope 3. IOI has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its carbon footprint comprehensively. The company is actively working towards this goal, having established a near-term target status as "Committed" under the Science Based Targets initiative (SBTi) framework. The emissions intensity for oleochemical production was reported at approximately 4,410 kg CO2e per tonne in 2023, while the refinery emissions intensity was about 3,140 kg CO2e per tonne. These figures highlight the company's ongoing efforts to monitor and reduce its greenhouse gas emissions across its operations. Overall, IOI Corporation Berhad is taking significant steps towards sustainability, with a clear focus on reducing its carbon emissions in alignment with global climate goals.
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Add to project| 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.
