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 84% 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 significant carbon emissions, with Scope 1 emissions at approximately 745,129,310 kg CO2e, Scope 2 emissions at about 32,423,450 kg CO2e, and Scope 3 emissions reaching approximately 4,385,919,570 kg CO2e. The total emissions for 2023 were higher, with Scope 1 at about 1,061,675,830 kg CO2e, Scope 2 at approximately 39,771,000 kg CO2e, and Scope 3 at around 6,709,997,890 kg CO2e. IOI has set ambitious climate commitments, aiming for a 40% reduction in Scopes 1 and 2 GHG emissions against 2015 carbon intensity levels by 2025. 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 for all scopes by 2040, with a specific goal of net-zero emissions by 2030 for Scopes 1 and 2. The company is a member of the Science Based Targets initiative (SBTi) and has committed to long-term net-zero targets, with a focus on reducing emissions intensity by 41% by 2025, which is expected to exceed Malaysia's national commitment to reduce carbon emissions intensity by 45% from its 2005 baseline by 2030. IOI's emissions data and climate commitments reflect its proactive approach to sustainability and its alignment with global climate goals.
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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 |
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.
