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 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ioi's reported carbon emissions
In 2024, IOI Corporation Berhad reported total greenhouse gas emissions of approximately 7,000,000,000 kg CO2e, comprising 745,129,310 kg CO2e from Scope 1, 32,423,450 kg CO2e from Scope 2, and about 4,385,919,570 kg CO2e from Scope 3 emissions. In 2023, the company’s emissions were higher, with approximately 6,710,000,000 kg CO2e, including 1,061,675,830 kg CO2e from Scope 1, 39,771,000 kg CO2e from Scope 2, and around 6,709,997,890 kg CO2e from Scope 3. IOI has set ambitious climate commitments, aiming for a 40% reduction in Scope 1 and 2 GHG emissions by 2025, using 2015 as a baseline. Additionally, the company is targeting a 30% reduction in absolute emissions from a 2020 baseline by 2025. IOI is also committed to achieving net-zero emissions across all scopes by 2040, with interim targets of reducing GHG emissions intensity by 41% by 2025. The company is a member of the Science Based Targets initiative (SBTi) and has committed to long-term net-zero targets, reflecting its dedication to sustainable practices in the food production sector. IOI's emissions data and climate commitments are not cascaded from any parent organization, indicating that these figures are independently reported.
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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 participating in some of the initiatives that 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.
