Ioi Sustainability Profile
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 82% 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 4,381,000,000 kg CO2e, comprising 745,129,310 kg CO2e from Scope 1, 32,423,450 kg CO2e from Scope 2, and about 4,386,000,000 kg CO2e from Scope 3 emissions. In 2023, the emissions were higher, with approximately 6,710,000,000 kg CO2e, including 1,061,675,830 kg CO2e from Scope 1 and 39,771,000 kg CO2e from Scope 2. 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 net-zero emissions across all scopes by 2040, with a near-term goal of achieving net-zero emissions by 2030 for Scope 1 and 2. The company is also a member of the Science Based Targets initiative (SBTi), committing to long-term net-zero targets. IOI's GHG emissions intensity for its oleochemical production is projected to decrease by 41% by 2025, surpassing Malaysia's national commitment to reduce carbon emissions intensity by 45% from its 2005 baseline by 2030. Overall, IOI Corporation Berhad is actively working towards significant emissions reductions and sustainability goals, reflecting its commitment to addressing climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,013,735,060 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 51,061,510 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Ioi's Industry?
How Carbon Intensive is Ioi's Location?
Ioi's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ioi has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
