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, totalling approximately 10,617,583 kg CO2e for Scope 1, 39,771,000 kg CO2e for Scope 2, and about 6,709,997,890 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to transparency in emissions reporting across all scopes. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050, as part of their long-term strategy. They are a member of the Science Based Targets initiative (SBTi) and have committed to reducing emissions across all scopes, demonstrating their dedication to sustainable practices in the food production sector. In recent years, IOI has made strides in reducing their emissions intensity, with reported figures of 5,310 kg CO2e per tonne for oleochemical production and 3,000 kg CO2e per tonne for refinery operations in 2019. Their emissions intensity for 2022 was approximately 8,870 kg CO2e per tonne for group operations, indicating a focus on improving efficiency and reducing their carbon footprint. Overall, IOI Corporation's proactive approach to climate commitments and emissions reduction positions them as a responsible leader in the agricultural production sector, with a clear roadmap towards sustainability.
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Access structured emissions data, company-specific emission factors, and source documents
| 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.
