[{"data":1,"prerenderedAt":1496},["ShallowReactive",2],{"media-releases":3,"/api/media-releases/149":1475,"media-releases-prefooter":1478},[4,19,30,42,54,66,78,90,101,113,125,138,150,163,176,190,202,211,222,233,244,254,266,279,291,303,315,327,339,350,358,365,372,379,386,393,400,408,420,432,443,454,466,477,489,500,509,521,532,544,556,567,579,590,601,614,626,636,647,658,670,680,691,702,714,725,736,747,758,769,780,790,801,811,821,830,840,850,860,869,879,889,901,911,922,933,943,953,963,972,984,995,1006,1017,1028,1039,1049,1060,1072,1083,1094,1105,1116,1127,1138,1149,1157,1164,1175,1182,1193,1200,1211,1221,1233,1244,1252,1259,1265,1271,1278,1284,1290,1297,1304,1311,1318,1325,1332,1339,1346,1353,1360,1367,1374,1381,1388,1395,1402,1408,1415,1422,1429,1436,1443,1450,1457,1468],{"id":5,"title":6,"source":7,"body":8,"published":9,"date":10,"image":11,"updated_at":14,"created_at":15,"metatag":16},149,"IOI Strengthens Responsible Recruitment With New Pre-Employment Orientation Programme","Corporate Communications","\u003Cp>IOI Corporation Berhad (IOI) demonstrated its commitment to enhance pre-employment practices and safeguard workers’ rights, particularly in ensuring zero recruitment cost and minimising the risk of human rights violations, with a new Pre-Employment Orientation (PEO) programme.\u003C/p>\u003Cp>The new PEO programme, spearheaded by IOI, was successfully developed in collaboration with the International Organization for Migration (IOM), with co-funding support from \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"http://www.bunge.com/\">Bunge\u003C/a>. It marks an important step in strengthening responsible recruitment practices within the industry, and IOI is the first organisation to incorporate an independent PEO module.\u003C/p>\u003Cp>The PEO training module covers key areas such as mental preparedness for working abroad, an introduction to Malaysia and IOI, ethical recruitment practices, grievance mechanisms, and financial literacy. These components are designed to support workers in adapting to their new environment while promoting informed decision-making.\u003C/p>\u003Cp>The first Train-the-Trainer session was organised by IOM in Lombok, Indonesia, on 22 January 2026, bringing together selected Indonesian non-governmental organisations (NGOs)/civil society organisations (CSOs). The session aimed to equip the NGOs/CSOs with the necessary knowledge and guidance to deliver PEO training to IOI’s selected workers prior to their deployment to IOI plantations in Malaysia. This approach ensures that workers are better prepared and informed about human rights, labour issues such as debt bondage, zero recruitment fees as well as their roles and responsibilities to IOI, before commencing their employment.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/sDwZ6Hpp41K5JYdXaadOZUOvNTrvPzudRqt82rkC.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>Our first Train-the-Trainer session for the PEO was held on 22 January 2026 in Lombok, Indonesia. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>To reinforce internal alignment, a subsequent hybrid training session was conducted on 13 March 2026 for IOI personnel, involving representatives from both Human Resources and Sustainability departments across IOI’s businesses. The session ensured that all relevant stakeholders shared a consistent understanding of the programme and its objectives.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/ySYvJ1OEmZDcjeJYyl5Idg1JQ7ra8fkigz5zE0IN.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>A subsequent training session was conducted at IOI Headquarters on 13 March 2026. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>",true,"2026-04-10T00:00:00.000000Z",{"name":12,"file_name":12,"url":13},"PEO1.jpg","https://www.ioigroup.com/storage/2817/PEO1.jpg","2026-04-10T03:36:32.000000Z","2026-04-10T03:24:01.000000Z",{"meta_title":6,"meta_description":17,"meta_keywords":18},"IOI Corporation Berhad (IOI) demonstrated its commitment to enhance pre-employment practices and safeguard workers’ rights, particularly in ensuring z...",null,{"id":20,"title":21,"source":7,"body":22,"published":9,"date":23,"image":24,"updated_at":27,"created_at":27,"metatag":28},148,"IOI Earth Month 2026: Upcycle 4 Better Future","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1920/1080;\" src=\"https://www.ioigroup.com/storage/editor-images/liO5MepOa5LzuIhfxbBEjZtgv0rZf0FOSDDBWrQ0.jpg\" width=\"1920\" height=\"1080\">\u003Cfigcaption>(File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) marked the 15\u003Csup>th\u003C/sup> edition of \u003Cstrong>IOI Earth Month Campaign\u003C/strong> this March, continuing to foster a culture of sustainability across our workforce. Anchored on the theme “\u003Ci>Upcycle 4 Better Future\u003C/i>”, the campaign featured a series of Lunch & Learn workshops that inspired our employees to rethink waste and adopt more sustainable ways of living through upcycling.\u003C/p>\u003Cp>“Upcycling challenges us to see waste differently – with innovation, resourcefulness and a focus on long-term value creation. It is innovation with purpose. It is creativity guided by conscience. And most importantly, it is action within our control,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor in his opening remark.\u003C/p>\u003Cp>Over four interactive sessions, we explored how everyday waste – from plastic bags and glass containers to used cooking oil and food scraps – can be transformed into useful, higher-value items. By bringing the 7Rs of Circularity to life in simple and practical ways, the workshops demonstrated how small, conscious choices at home and at work can drive meaningful environmental impact. The hands-on experience also reinforced a simple yet powerful idea: sustainability is within everyone’s reach.\u003C/p>\u003Cp>Collectively, the campaign delivered tangible and lasting impact. Our employees upcycled over 10 kg of plastic bags and eight old T-shirts into 30 tote bags, converted 6 litres of used cooking oil into 13 kg of handmade soap, transformed glass containers into 35 unique art pieces, and diverted 17 kg of food waste into composting. These efforts highlight how everyday waste can be repurposed into meaningful value.\u003C/p>\u003Cp>Now in its 15\u003Csup>th\u003C/sup> year, IOI Earth Month continue to serve as a key platform to engage and empower our employees on sustainability, in line with the Group’s commitment to responsible practices and long-term value creation. As the campaign concludes, its message endures – that meaningful change starts with small actions, and together, these actions can shape a more sustainable future.\u003Cbr> \u003C/p>","2026-03-30T00:00:00.000000Z",{"name":25,"file_name":25,"url":26},"EH2026.jpg","https://www.ioigroup.com/storage/2811/EH2026.jpg","2026-03-30T07:48:26.000000Z",{"meta_title":21,"meta_description":29,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (“IOI”) marked the 15th edition of IOI Earth Month Campaign this March, continuing to foster a cu...",{"id":31,"title":32,"source":7,"body":33,"published":9,"date":34,"image":35,"updated_at":38,"created_at":39,"metatag":40},147,"IOI Among Top 20 ASEAN PLCs At NACGSA 2025","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/uk9RHHyZcBkOWnhKI3UkwCO89YU3NAssn7BliZ5t.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>(File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) continues to shine in corporate governance and sustainability leadership, having secured the \u003Cstrong>Overall Excellence Award 2025 (Top 20)\u003C/strong> at the prestigious National Corporate Governance & Sustainability Awards (NACGSA) 2025, held on 20 January 2026. This achievement places IOI among the Top 20 ASEAN public listed companies (PLCs), reaffirming our strong commitment to ethical leadership, transparency and sustainable value creation.\u003C/p>\u003Cp>The award was presented by the Minority Shareholders Watch Group (MSWG) at the Mandarin Oriental Kuala Lumpur. This year, IOI was ranked 20\u003Csup>th\u003C/sup> out of 847 Malaysian PLCs, with only the Top 50 PLCs recognised across five award categories. Being ranked among the Top 20 reflects IOI’s consistent excellence in both corporate governance and sustainability practices.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/ztVNrx1jpmN8JvoqdKqN0clzhQ1ZDe10LbNZuVSi.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>Accepted by IOI Deputy Group Chief Executive Officer Mr Tan Kean Hua (centre), this accolade marks another milestone in IOI’s journey of responsible governance and sustainable growth. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>The NACGSA honours PLCs that demonstrate integrity in leadership and a clear commitment to long-term value creation, using a comprehensive assessment framework, endorsed by the Corporate Governance Council, integrating the ASEAN Corporate Governance Scorecard anchored on the G20/OECD Corporate Governance Principles, the Malaysian Code on Corporate Governance (MCCG) and the Sustainability Assessment referring the Bursa Malaysia’s Sustainability Reporting Framework. The awards reinforce the importance of accountability, transparency and sustainability in strengthening Malaysia’s capital market and enhancing stakeholder confidence.\u003C/p>","2026-01-21T00:00:00.000000Z",{"name":36,"file_name":36,"url":37},"NACGSA2025Award.jpg","https://www.ioigroup.com/storage/2759/NACGSA2025Award.jpg","2026-01-21T08:39:58.000000Z","2026-01-21T08:33:25.000000Z",{"meta_title":32,"meta_description":41,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (“IOI”) continues to shine in corporate governance and sustainability leadership, having secured...",{"id":43,"title":44,"source":7,"body":45,"published":9,"date":46,"image":47,"updated_at":50,"created_at":51,"metatag":52},146,"IOI Accelerates Digital Transformation Across Our Plantations With Estate-wide High-speed Connectivity","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/wCPCfB3Ck4jj9u2t2dDXo1sHRLPOlCUyzo6Hjau2.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>IOI Plantation Director Mr NB Sudhakaran (left) and CelcomDigi Chief Enterprise Business Officer Ts. Afizulazha Abdullah (right) sealing our strategic partnership. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) today announced a major milestone in our digital transformation journey with the completion of estate-wide high-speed connectivity across our plantation operations in Sabah and Peninsular Malaysia. Delivered in collaboration with CelcomDigi Berhad (“CelcomDigi”), the large-scale deployment establishes a strong digital foundation to modernise plantation operations, scale automation, and enhance operational visibility across our estates and mills.\u003C/p>\u003Cp>As part of the initiative, more than 100 4G and 4G LTE network sites have been deployed across over 100 IOI plantation estates nationwide, alongside dedicated Direct Internet Access (DIA) for estate offices within the vicinity. This comprehensive connectivity enables IOI to accelerate the digitalisation of core plantation activities, including automation to streamline mill operations, mobile workforce applications, IoT-driven asset and fleet management, and future data-led use cases essential to modern, sustainable plantation management.\u003C/p>\u003Cp>With consistent, high-speed next-generation connectivity across our estates, we can progressively integrate intelligent systems and automate processes to improve productivity, operational visibility, and safety as well as supporting our long-term strategy to build scalable, efficient, and resilient plantation operations.\u003C/p>\u003Cp>Beyond powering our digital transformation, the widespread connectivity also extends to surrounding rural communities, improving access to education, healthcare, and essential digital services. By strengthening digital inclusion, this initiative creates pathways for inclusive growth and supports broader socioeconomic progress, ensuring more communities can participate in Malaysia’s digital economy.\u003C/p>\u003Cp>In agriculture, estate-wide connectivity is a crucial first step in modernising operations, enabling organisations to integrate systems and data to create data-driven workflows that can scale efficiently, productively, and sustainably.\u003C/p>\u003Cp>IOI Plantation Director Mr NB Sudhakaran said, “IOI’s ambition is to transform our plantations into integrated, connected operations that can compete on productivity and sustainability over the long term. Partnering with CelcomDigi aligns with this ambition as they bring the network capability and a shared commitment to solving practical challenges on the ground. By leveraging this widespread connectivity as the foundation for integrated digital operations, we aim to scale automation, implement smart fleet and asset management, and strengthen data-led decision-making.”\u003C/p>\u003Cp>Ts. Afizulazha Abdullah, Chief Enterprise Business Officer of CelcomDigi said, “For the plantation sector, we see that businesses with consistent, estate-wide connectivity achieve measurable improvements in operational efficiency and digital adoption. Early adopters report higher productivity and faster progress toward revenue goals, particularly through connected operations. IOI now has the digital foundation to scale automation and intelligent systems across its plantations and mills. This is how we power the next phase of growth — building networks that deliver operational gains, support sustainable practices, and strengthen surrounding communities.”\u003C/p>\u003Cp>This initiative reflects our commitment to leveraging digital infrastructure to future-proof our plantation operations while creating shared value for employees, partners, and rural communities. It also aligns with CelcomDigi’s ambition to enable Malaysian enterprises with next-generation connectivity as a foundation for growth in the digital economy.\u003C/p>","2026-01-15T00:00:00.000000Z",{"name":48,"file_name":48,"url":49},"IOI-CelcomDigi.jpg","https://www.ioigroup.com/storage/2754/IOI-CelcomDigi.jpg","2026-01-15T06:31:34.000000Z","2026-01-15T04:21:20.000000Z",{"meta_title":44,"meta_description":53,"meta_keywords":18},"IOI Plantation Director Mr NB Sudhakaran (left) and CelcomDigi Chief Enterprise Business Officer Ts. Afizulazha Abdullah (right) sealing our strategic...",{"id":55,"title":56,"source":7,"body":57,"published":9,"date":58,"image":59,"updated_at":62,"created_at":63,"metatag":64},145,"IOI’s Science-Based Targets Validated By SBTi","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/CrMyv0gGdKMmWkeiTs8J44P9my2vqwgSSCIIvRlE.jpg\" width=\"1200\" height=\"800\">\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) announced that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi) on 8 December 2025, just months after submission on 11 July 2025. The validation marks a significant milestone in IOI’s long-standing climate journey. We introduced Climate Change Action initiative (CCAi) in 2019 and committed to set near-term company-wide emission reductions in line with climate science with the SBTi in 2023 for both Forest, Land and Agriculture (FLAG) and Non-FLAG sectors to strengthen our climate commitment.\u003C/p>\u003Cp>IOI Chief Sustainability Officer Dr Surina Ismail said: “Our focus on near-term and FLAG targets reflects where climate action matters most – on the ground. We are firmly on track to meet our SBTi’s targets through leveraging nature-based and engineered solutions to deliver emissions reductions across our diverse operations.”\u003C/p>\u003Cp>IOI’s SBTi-validated near-term targets underscore the Group’s emphasis on immediate and measurable action for climate mitigation:\u003C/p>\u003Cul>\u003Cli>For Near-Term, IOI commits to reduce absolute scope 1 and 2 GHG emissions 44.94% by FY2030 from a FY2020 base year.* The Group also commits to reduce scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution 58.1% per Metric Ton of Product Produced by FY2032 from a FY2022 base year.\u003C/li>\u003Cli>For Near-Term FLAG, IOI commits to reduce absolute scope 1 FLAG GHG emissions 30.3% by FY2030 from a FY2020 base year, as well as absolute scope 3 FLAG GHG emissions 36.4% by FY2032 from a FY2022 base year.** The Group also commits to maintaining no deforestation across its primary deforestation-linked commodities.\u003C/li>\u003C/ul>\u003Cp>\u003Csup>*The target boundary includes land-related emissions and removals from biogenic feedstocks.\u003C/sup>\u003C/p>\u003Cp>\u003Csup>**The target includes FLAG emissions and removals.\u003C/sup>\u003C/p>\u003Cp>With global temperatures breaching 1.5°C and extreme weather disruptions increasingly affecting supply chains and economies, IOI recognises that climate change is not a distant risk but a defining business challenge. The Group’s SBTi validation reinforces our commitment to align corporate actions with the latest climate science and global emissions reduction efforts.\u003C/p>\u003Cp>The SBTi enables companies to set GHG emissions reduction targets aligned with climate science to accelerate business adoption, supporting the global economy to halve emissions before 2030 and achieve net-zero before 2050. The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).\u003C/p>","2025-12-18T00:00:00.000000Z",{"name":60,"file_name":60,"url":61},"SBTiweb.jpg","https://www.ioigroup.com/storage/2745/SBTiweb.jpg","2025-12-18T00:45:50.000000Z","2025-12-17T03:46:36.000000Z",{"meta_title":56,"meta_description":65,"meta_keywords":18},"IOI Corporation Berhad (“IOI”) announced that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based...",{"id":67,"title":68,"source":7,"body":69,"published":9,"date":70,"image":71,"updated_at":74,"created_at":75,"metatag":76},144,"IOI Shines Again With Dual Honours At HR Asia Awards 2025","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/7u4UALiCcPUXoENydNiWlPOmXiloD6FjV2t28ToA.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>Our dual HR Asia Awards 2025 trophies, earned through the trust and voices of our own people. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) has once again clinched a double triumph at the HR Asia Awards 2025, held on 4 December 2025 at One World Hotel, Petaling Jaya. We won \u003Cstrong>Best Companies to Work for in Asia 2025 – Malaysia Chapter\u003C/strong> and \u003Cstrong>Most Caring Company Awards 2025\u003C/strong>. These recognitions reaffirm IOI’s continued commitment to fostering a workplace where employees feel inspired, valued and empowered – evident through the anonymous feedback of our employees, which played a pivotal role in securing these wins.\u003C/p>\u003Cp>IOI’s vibrant workplace culture is underpinned by comprehensive learning and development programmes, flexible working arrangements, the holistic \u003Ci>IOI Cares\u003C/i> wellness programme, and a strong emphasis on employee engagement and work-life integration. Together, these initiatives cultivate an environment where employees can thrive both personally and professionally. This culture is further enriched by IOI’s long-standing commitment to corporate social responsibility and sustainability, embedding empathy, purpose and community-mindedness into our identity as an employer of choice in Asia.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/9PErJ0lLo1vL7AtcVoJnKxDC7hGq77wPhVYM5gDB.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>IOI Group Head of Human Resource Molly Tam (left pix) and Corporate Learning & Talent Development Manager Wendy Ng (right pix) proudly receiving two HR Asia accolades. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>The HR Asia Best Companies to Work for in Asia Awards is among the region’s most respected employer recognition programmes, spotlighting organisations that are rated by their own employees for exemplary HR practices and caring, high-engagement cultures. Attracting participation from Fortune 500 and multinational corporations, winners are selected through HR Asia’s proprietary Total Engagement Assessment Model (TEAM), a rigorous methodology based on direct and anonymous employee surveys, ensuring the results represent genuine workforce trust and sentiment.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:2560/1440;\" src=\"https://www.ioigroup.com/storage/editor-images/SLzt0kpBcuFAe7cUqzt7Ya6gsiBNzAqsl1Q5CQNH.jpg\" width=\"2560\" height=\"1440\">\u003Cfigcaption>This win belongs to all of us! Thank you, IOI family, for the passion and teamwork that made these awards possible! (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>","2025-12-05T00:00:00.000000Z",{"name":72,"file_name":72,"url":73},"HRAsiaTrophies.jpg","https://www.ioigroup.com/storage/2737/HRAsiaTrophies.jpg","2025-12-05T06:59:01.000000Z","2025-12-05T06:44:17.000000Z",{"meta_title":68,"meta_description":77,"meta_keywords":18},"Our dual HR Asia Awards 2025 trophies, earned through the trust and voices of our own people. (File pic by IOI Corporation).IOI Corporation Berhad (“I...",{"id":79,"title":80,"source":7,"body":81,"published":9,"date":82,"image":83,"updated_at":86,"created_at":87,"metatag":88},143,"IOI Inks Partnership With Mega Star Holding To Establish RM100 Million Coconut Mill Complex","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:2400/1600;\" src=\"https://www.ioigroup.com/storage/editor-images/PIFAK5TtiFAVgDzeefhkcLFoYI1NRwoIK9LzcsQe.jpg\" width=\"2400\" height=\"1600\">\u003Cfigcaption>A milestone partnership between IOI (left) and Mega Star Holding (right), united by vision and purpose. (File pic by IOI Corporation).\u003Cspan style=\"color:black;\">\u003Ci>\u003Cspan style=\"font-family:"Garamond",serif;mso-ansi-language:EN-MY;mso-bidi-font-family:Calibri;mso-themecolor:text1;\">\u003Co:p>\u003C/o:p>\u003C/span>\u003C/i>\u003C/span>\u003C/figcaption>\u003C/figure>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">IOI Corporation Berhad (\"IOI\"), together with Mega Star Holding Pte Ltd (\"Mega Star\"), announced the signing of a joint venture to develop Malaysia's first state-of-the-art, integrated and sustainable coconut mill complex in Segamat, Johor. Mega Star, an investment company based in Singapore, is affiliated to Ting Hsin International Group, a China-based conglomerate which has an extensive food and beverage business across China and Taiwan.\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\"> \u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">This joint venture combines the core business strengths of both corporations, unlocking synergies that will drive growth and expand the coconut-based product portfolio. Under this strategic partnership, IOI, an international player in the edible oil market, will offtake and market the coconut oil to its associate companies and customers in the European Union and the United States. On the other hand, Mega Star will leverage its group network to offtake and market the concentrated coconut water to China and other Northeast Asian countries.\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">\u003Cbr>\u003Cspan style=\"font-family:"Garamond",serif;font-size:12.0pt;\" lang=\"EN-US\">\u003Co:p>\u003C/o:p>\u003C/span>\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">\u003Cspan style=\"font-family:"Garamond",serif;font-size:12.0pt;\" lang=\"EN-US\">\u003Co:p>\u003C/o:p>\u003Co:p>\u003C/o:p>\u003C/span>\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:2400/1600;\" src=\"https://www.ioigroup.com/storage/editor-images/OPKqvBK5ssxF9BcuyQPRWP9lUrDV8S3CXC7H8QGT.jpg\" width=\"2400\" height=\"1600\">\u003Cfigcaption>A new partnership is sealed between two strategic partners. (File pic by IOI Corporation).\u003Cspan style=\"color:black;\">\u003Ci>\u003Cspan style=\"font-family:"Garamond",serif;mso-ansi-language:EN-MY;mso-bidi-font-family:Calibri;mso-themecolor:text1;\">\u003Co:p>\u003C/o:p>\u003C/span>\u003C/i>\u003C/span>\u003C/figcaption>\u003C/figure>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">The integrated coconut mill complex, involving an estimated investment cost of RM100 million, will have a processing capacity of 100,000 coconuts per day upon its completion in the fourth quarter of 2027. It is located close to IOI's plantation landbank in Johor and next to the Inland Port of Segamat, which enables IOI to efficiently supply coconuts from its approximately 3,700 hectares of young coconut plantations while the port location facilitates cost effective movement of finished products. The complex is designed to progressively scale up production to 300,000 coconuts per day as the existing trees mature and IOI's coconut plantations is expanded to approximately 5,000 hectares within the next two years.\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\"> \u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">The complex will process matured coconuts into high-value downstream products, namely coconut oil and concentrated coconut water. It is the first coconut mill complex of its kind to utilise the latest robotic and IR 4.0 processing equipment, and incorporate a self-generating energy system by utilising its by-product coconut husks as biofuel in the production process. There is also a plan to convert another by-product, coconut shells, into high-value activated carbon in the near future in line with IOI's strategy to adopt the circular economy model.\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\"> \u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">IOI Group Managing Director and Chief Executive Dato' Lee Yeow Chor said: \"This joint venture marks a significant milestone for IOI as we expand into the lucrative coconut segment. By combining IOI's operational excellence and access to the international edible oil market as well as Mega Star's strong market access to the food and beverage sector in China, we aim to deliver high quality and sustainable coconut products to meet the growing market demand.\"\u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\"> \u003C/p>\u003Cp class=\"MsoNormal\" style=\"margin-bottom:0cm;margin-top:0cm;mso-add-space:auto;mso-margin-bottom-alt:10.0pt;mso-margin-top-alt:0cm;tab-stops:36.0pt;text-align:justify;\">Mega Star Executive Director Mr CM Wei said: \"We are delighted to join hands with IOI to create new business opportunities. Through this collaboration, we demonstrate our shared commitment to driving innovation and building a green and sustainable value chain.\"\u003Cspan style=\"font-family:"Garamond",serif;font-size:12.0pt;\" lang=\"EN-US\">\u003Co:p>\u003C/o:p>\u003Co:p>\u003C/o:p>\u003C/span>\u003C/p>\u003Cp class=\"MsoNormal\" style=\"mso-add-space:auto;mso-margin-bottom-alt:auto;tab-stops:36.0pt;text-align:justify;\">\u003Cspan style=\"font-family:"Garamond",serif;font-size:12.0pt;\" lang=\"EN-US\">\u003Co:p>\u003C/o:p>\u003C/span>\u003C/p>","2025-11-06T00:00:00.000000Z",{"name":84,"file_name":84,"url":85},"Edited-519.jpg","https://www.ioigroup.com/storage/2711/Edited-519.jpg","2025-11-06T09:45:00.000000Z","2025-11-06T08:33:50.000000Z",{"meta_title":80,"meta_description":89,"meta_keywords":18},"A milestone partnership between IOI (left) and Mega Star Holding (right), united by vision and purpose. (File pic by IOI Corporation).IOI Corporation...",{"id":91,"title":92,"source":7,"body":93,"published":9,"date":94,"image":95,"updated_at":98,"created_at":98,"metatag":99},142,"IOI Appoints Tan Sri Abdul Wahid As New Chairman Of IOI","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/PHNMOvP7Wjm5729ypEH0ZPTsw6aChCDTlGKt6c8K.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>(File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (“IOI”) has appointed Tan Sri Abdul Wahid bin Omar as IOI’s new Independent Non-Executive Chairman, effective 5 November 2025.\u003C/p>\u003Cp>Tan Sri Abdul Wahid succeeds Non-Independent Non-Executive Chairman Tan Sri Peter Chin Fah Kui, who retired on 4 November after an illustrious journey in serving the Board since December 2014. Tan Sri Abdul Wahid has served as Senior Independent Non-Executive Director at the Board since 16 June 2025 prior to his appointment as the Chairman.\u003C/p>\u003Cp>Tan Sri Abdul Wahid said, after IOI’s 56\u003Csup>th\u003C/sup> Annual General Meeting: “Thank you to the Board for appointing me as Chairman. It has been a pleasure working with Tan Sri Peter Chin over the past five months. I look forward to working closely with Dato’ Lee Yeow Chor (IOI’s Group Managing Director and Executive Chairman) and contributing further value to the company.”\u003C/p>\u003Cp>With extensive leadership experience across both corporate and public sectors, including his roles as Group Chief Executive Officer of Telekom Malaysia Berhad and President and Chief Executive Officer of Malayan Banking Berhad, his service as Minister in the Prime Minister’s Department (Economic Planning Unit), and his most recent role as Chairman of Bursa Malaysia, Tan Sri Abdul Wahid brings invaluable wealth and strategic insight to IOI.\u003C/p>\u003Cp>We are honoured to have him join our Board and look forward to his broad leadership experience and deep expertise that strengthen IOI’s governance and oversight. We welcome his valuable contributions as we continue to strengthen our growth journey.\u003C/p>","2025-11-04T00:00:00.000000Z",{"name":96,"file_name":96,"url":97},"TSW.jpg","https://www.ioigroup.com/storage/2684/TSW.jpg","2025-11-04T10:08:52.000000Z",{"meta_title":92,"meta_description":100,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (“IOI”) has appointed Tan Sri Abdul Wahid bin Omar as IOI’s new Independent Non-Executive Chairma...",{"id":102,"title":103,"source":7,"body":104,"published":9,"date":105,"image":106,"updated_at":109,"created_at":110,"metatag":111},141,"IOI Foundation Awards RM344,000 In 2025 Scholarships To Empower Future Leaders","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:3000/2000;\" src=\"https://www.ioigroup.com/storage/editor-images/hqdLLdhaqHPxSnSMWmphBg0ZQ85geujbZx3uDnID.jpg\" width=\"3000\" height=\"2000\">\u003Cfigcaption>Datin Joanne Wong (fourth from left) and Mr Tan (fourth from right) presenting the mock cheque to the scholarship recipients. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) has awarded RM344,000 worth of scholarships to seven bright and passionate students during the \u003Cstrong>IOI Scholarship Award Ceremony 2025\u003C/strong>, held on 17 October 2025. These scholarships will support their studies in the fields of chemical engineering, information technology (IT) and agriculture, which are vital to Malaysia’s sustainable growth.\u003C/p>\u003Cp>The ceremony, held at IOI Headquarters, was hosted by IOI Corporation Berhad’s Group Chief Executive Officer Mr Tan Kean Hua, together with the Foundation’s Executive Director Datin Joanne Wong. Through this annual programme, IOI Foundation continues to nurture young talent and empower future leaders, ensuring education remains a crucial pathway to opportunity, progress and growth.\u003C/p>\u003Cp>Since 1998, IOI Foundation has awarded RM12.15 million in scholarships to 363 deserving students, reflecting IOI’s long-standing commitment to education and community development. As the philanthropic arm of the Group, the Foundation continues to enrich lives by sharing prosperity, with a focus on education, medical assistance, community enrichment and social enterprise.\u003C/p>\u003Cp>Beyond scholarships, IOI Foundation has contributed a cumulative total of RM67,117,904 towards various community programmes as of June 2025. In FY2025 alone, we channelled RM1,698,463 to 146 beneficiaries, benefitting both individuals and organisations. Other impactful educational initiatives include school improvement and repair projects, Student Adoption Programme, IOI Leadership Youth Camp and more – all designed to inspire and empower the next generation to build a brighter future for themselves and their communities.\u003C/p>","2025-10-17T00:00:00.000000Z",{"name":107,"file_name":107,"url":108},"Scholarship2025.jpg","https://www.ioigroup.com/storage/2608/Scholarship2025.jpg","2025-10-17T09:10:30.000000Z","2025-10-17T09:09:45.000000Z",{"meta_title":103,"meta_description":112,"meta_keywords":18},"Datin Joanne Wong (fourth from left) and Mr Tan (fourth from right) presenting the mock cheque to the scholarship recipients. (File pic by IOI Corpora...",{"id":114,"title":115,"source":7,"body":116,"published":9,"date":117,"image":118,"updated_at":121,"created_at":122,"metatag":123},140,"IOI Celebrates Dual Wins At HR Excellence Awards 2025","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1920/1440;\" src=\"https://www.ioigroup.com/storage/editor-images/p7JSiV0vVMAjfQuW0MLj9lnAtaad3GgrqaNuvBXT.jpg\" width=\"1920\" height=\"1440\">\u003Cfigcaption>IOI celebrated a double victory at the HR Excellence Awards 2025 on Friday, 10 October 2025. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) has once again demonstrated its commitment to employee excellence with a double victory at the recent HR Excellence Awards (HREA) 2025, held at The Hilton Kuala Lumpur on 10 October 2024. We proudly clinched a \u003Cstrong>Gold Award\u003C/strong> for \u003Cstrong>Excellence in In-House Talent Pipeline Strategy\u003C/strong> and a \u003Cstrong>Silver Award\u003C/strong> for \u003Cstrong>Excellence in Workplace Culture\u003C/strong>, reflecting the success of our comprehensive and people-focused human resource (HR) initiatives.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1920/1280;\" src=\"https://www.ioigroup.com/storage/editor-images/tGEzuWJOBe1H95r2dKfgAB6XwUjNAHzZRP49OXph.jpg\" width=\"1920\" height=\"1280\">\u003Cfigcaption>Our employees matter, and IOI cares – because when our people thrive, IOI thrives. \u003C/figcaption>\u003C/figure>\u003Cp>At IOI, we believe that our employees are the heart of our organisation and the driving force behind every success. The Gold Award celebrates IOI’s strong focus on employee growth, actively nurturing and retaining talents through a progressive environment where everyone can achieve their full potential. Meanwhile, the Silver Award recognises our dedication to caring for our employees by building a culture that supports their wellness holistically.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1024/768;\" src=\"https://www.ioigroup.com/storage/editor-images/QTDaholYr47jUFd0VBS7lglPcRVC7XKC2qYFwq8p.jpg\" width=\"1024\" height=\"768\">\u003Cfigcaption>Both awards were received by IOI Group Head of Human Resource Molly Tam (middle) who said: “Building on the momentum of our strategy, we are committed to scaling and sustaining the progress we have achieved. Moving forward, we aim to deepen our purpose-driven culture. Our journey is long term, and so is our commitment to a thriving workplace culture.”\u003C/figcaption>\u003C/figure>\u003Cp>Now in its 13\u003Csup>th\u003C/sup> year, the HR Excellence Awards, organised by Human Resources Online, remains as one of Malaysia’s leading platforms celebrating HR innovation and impact across 41 diverse categories. The 2025 awards spotlighted organisations leading the way in recruitment, talent retention, leadership innovation and employee engagement, reflecting the dynamism and evolving nature of Malaysia’s HR landscape.\u003C/p>","2025-10-13T00:00:00.000000Z",{"name":119,"file_name":119,"url":120},"rsz_1awards_pic.jpg","https://www.ioigroup.com/storage/2584/rsz_1awards_pic.jpg","2025-10-13T08:39:53.000000Z","2025-10-13T08:32:17.000000Z",{"meta_title":115,"meta_description":124,"meta_keywords":18},"IOI celebrated a double victory at the HR Excellence Awards 2025 on Friday, 10 October 2025. (File pic by IOI Corporation).IOI Corporation Berhad (IOI...",{"id":126,"title":127,"source":7,"body":128,"published":9,"date":129,"image":130,"updated_at":134,"created_at":135,"metatag":136},139,"IOI Sets ESG Benchmark With Best Of The Best Award","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:6000/4000;\" src=\"https://www.ioigroup.com/storage/editor-images/jkTTdep6J5kf56DS1mQtgAORKV66BiBdOFAtI7GE.jpg\" width=\"6000\" height=\"4000\">\u003Cfigcaption>(File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) has been honoured with the Best of the Best award, a newly introduced category, at the fourth The Edge Malaysia ESG Awards 2025, held at Hilton Kuala Lumpur on 1 October 2025. This marks our fourth consecutive win, following three straight Gold awards in the plantation sector from 2022 to 2024.\u003C/p>\u003Cp>IOI has made continuous improvements in our efforts to sustain our ESG performance. Our new Five-Year Strategic Roadmap (2025–2029) places sustainability and climate initiatives as one of the four strategic priorities, underscoring that these are not only responsibilities but also an overriding business strategy to shape a more resilient and successful future.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor said: “We are proud to have surpassed our GHG emission intensity reduction target a full year ahead of schedule. Our original goal was to achieve a 40% reduction in Scope 1 and 2 GHG emissions, measured against 2015 carbon intensity emissions, by 2025. By the end of FY2025, we have reached a 46% reduction.” This significant milestone reflects how deeply decarbonisation is embedded in our business strategy, achieved through initiatives such as enhancing methane capture facilities, installing solar panels, optimising energy and resource efficiency, as well as deploying both nature-based and engineered solutions. Just as importantly, we work closely with employees and stakeholders to align everyday actions with long-term ESG goals.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:4000/1638;\" src=\"https://www.ioigroup.com/storage/editor-images/XwdSIfewP7cYatpkOE5KrO0sEy0NCu28kkUnfKai.jpg\" width=\"4000\" height=\"1638\">\u003Cfigcaption>IOI Plantation Director Mr NB Sudhakaran (third from right) receiving the Best of the Best award at The Edge Malaysia ESG Awards 2025, celebrating our fourth consecutive ESG win. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>Organised by The Edge Malaysia with Bursa Malaysia and FTSE Russell, this year’s award drew the largest pool of PLCs to date, tripling to 956 over the past three years with the inclusion of ACE Market alongside Main Market PLCs. The average FTSE4Good ESG score for Main Market PLCs rose from 2.45 in December 2024 to 2.59 in June 2025, showing continued improvement in ESG performance and a maturing ESG ecosystem. As of June 2025, IOI achieved a score of 4 out of 5, reflecting our strong performance across 14 themes and over 300 indicators under the FTSE4Good’s ESG ratings model.\u003C/p>","2025-10-02T00:00:00.000000Z",{"name":131,"file_name":132,"url":133},"ESG Award Pic.jpg","ESG-Award-Pic.jpg","https://www.ioigroup.com/storage/2568/ESG-Award-Pic.jpg","2025-10-02T04:55:50.000000Z","2025-10-02T04:55:15.000000Z",{"meta_title":127,"meta_description":137,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOI) has been honoured with the Best of the Best award, a newly introduced category, at the four...",{"id":139,"title":140,"source":7,"body":141,"published":9,"date":142,"image":143,"updated_at":146,"created_at":147,"metatag":148},138,"IOI Reaffirms Stakeholder-Centric Approach at Fifth SCF: Strengthening Climate & Workforce Resilience","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:6000/4000;\" src=\"https://www.ioigroup.com/storage/editor-images/dyLtB7VqHCq1CWpace9cEGVcvHS8UGzplIv34Np8.jpg\" width=\"6000\" height=\"4000\">\u003Cfigcaption>IOI Group Managing Director & Chief Executive Dato’ Lee Yeow Chor (top left) said, “The SCF is a continuous process that enables us to tackle dynamic sustainability issues together with our stakeholders through open dialogues, responsibility and collaboration.” (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) hosted our fifth annual Sustainability Consultation Forum (SCF) on 25 August 2025 at IOI Headquarters, reaffirming our commitment to ensuring stakeholder voices remain central in the Group’s just transition towards achieving net zero greenhouse gas (GHG) emission by 2040.\u003C/p>\u003Cp>Bringing together over 60 physical and online participants, the forum convened external representatives from global organisations, industry experts, strategic partners and the private sector, alongside IOI’s senior leadership and management team. Notable attendees included several members of IOI’s Board of Directors, Group Managing Director & Chief Executive Dato’ Lee Yeow Chor and Chief Sustainability Officer Dr Surina Ismail.\u003C/p>\u003Cp>This year’s SCF, titled “Strengthening Climate and Workforce Resilience at IOI,” provided an open platform for knowledge exchange and collaborative dialogue. Key discussions focused on IOI’s GHG mitigation and climate adaptation efforts, as well as exploring holistic strategies to promote local participation in the plantation sector, enhancing gender inclusivity and creating meaningful career pathways for employees.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:6000/4000;\" src=\"https://www.ioigroup.com/storage/editor-images/e2nzinslKqHI5CiOjCn1YJz5ne86T4oohrcBskeO.jpg\" width=\"6000\" height=\"4000\">\u003Cfigcaption>A group picture of our fifth SCF participants. (File pic by IOI Corporation).\u003C/figcaption>\u003C/figure>\u003Cp>Moderated in a hybrid format by the UK and Malaysia-based Helikonia Advisory, the SCF has been a cornerstone of IOI’s inclusive stakeholder engagement approach since 2021. Each year, the forum addressed various key sustainability topics, such as ethical recruitment, net zero pathway, supply chain decarbonisation and biodiversity enhancement. This year’s forum added significance as it aligned with IOI’s new five-year Strategic Roadmap (launched in January 2025), to elevate the Group’s climate ambitions and sustainability practices under Strategic Priority 4, through continuous innovation and responsible growth.\u003C/p>\u003Cp>Insights from the SCF have consistently shaped IOI’s sustainability strategies and programmes, reinforcing the importance of open dialogues in driving real progress. A summary of this year’s discussion and the key takeaways will be published in an Executive Summary on IOI’s website soon.\u003C/p>","2025-08-26T00:00:00.000000Z",{"name":144,"file_name":144,"url":145},"Edited-500.jpg","https://www.ioigroup.com/storage/2556/Edited-500.jpg","2025-08-26T08:23:45.000000Z","2025-08-26T08:17:44.000000Z",{"meta_title":140,"meta_description":149,"meta_keywords":18},"IOI Group Managing Director & Chief Executive Dato’ Lee Yeow Chor (top left) said, “The SCF is a continuous process that enables us to tackle dynamic...",{"id":151,"title":152,"source":7,"body":153,"published":9,"date":154,"image":155,"updated_at":159,"created_at":160,"metatag":161},137,"IOI Named ESG Champion At Sustainability & CSR Malaysia Awards 2025","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/kYffGWjgUeMVte4ClCJs0xHuPhSiURJV6ljktonn.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) received the \u003Cstrong>Company of the Year (Plantation) – ESG Champion Award\u003C/strong> at the \u003Ci>10\u003Csup>th\u003C/sup> Sustainability & CSR Malaysia Awards 2025\u003C/i> on 17 July 2025. This prestigious award was presented by Deputy Minister of Women, Family and Community Development, Yang Berhormat Datuk Seri Dr Noraini Ahmad in recognition of IOI’s exemplary leadership in environmental, social and governance (ESG) and wide-ranging corporate social responsibility (CSR) initiatives.\u003Cbr>\u003Cbr>In 2024, IOI achieved a 42% reduction in Scope 1 and 2 greenhouse gas emissions, surpassing our 2025 target a year ahead, through methane capture, carbon sequestration and circular waste management. Our holistic 7Rs of Circularity approach drives resource efficiency and biomass innovation across the value chain. We also established Malaysia’s first palm wood factory and spearheaded the first certified organic oil palm estates and palm oil production in Malaysia and Indonesia, while enriching biodiversity and forging strategic collaborations in environmental conservation.\u003Cbr>\u003Cbr>On the social front, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) has contributed over RM65.4 million since 1985, supporting education, community welfare and socio-economic development. Through Bargain Basement, we promote responsible consumption and community empowerment through a sustainable retail model while channelling the net proceeds into bigger charitable impact.\u003Cbr>\u003Cbr>“These efforts reflect our long-standing commitment to sustainability in every sense – environmental, social and economic,” said IOI Chief Sustainability Officer, Dr Surina Ismail. “We are thankful for this recognition, which inspires us to push further in our journey towards shaping an inclusive, just transition, low-carbon and climate-resilient future.”\u003Cbr> \u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/4cLbSWu1nVWO1eS0pUd9XVuDhC8cqK3W6M1GmXez.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>Dr Surina (second from right) receiving the ESG Champion Award from Datuk Seri Dr Noraini Ahmad at Berjaya Times Square Hotel, Kuala Lumpur. \u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Held under the theme ‘Beyond Profits, Making Our World A Better Place’, the event marked a decade of CSR Malaysia – the nation’s largest CSR platform under the Corporate Sustainability & Responsibility Malaysia Welfare Society – recognising corporations that lead with conscience and deliver meaningful impact beyond profits since 2016. \u003Cbr>\u003Cbr>This year, 65 outstanding Malaysian companies were honoured for uplifting underserved communities and championing environmental stewardship. The award dinner, attended by over 800 corporate leaders and dignitaries, served as an inspiration for greater ESG and CSR leadership across the nation.\u003Cbr> \u003C/p>\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1200/800;\" src=\"https://www.ioigroup.com/storage/editor-images/Vjf7Dzaz5ICcX4ryeyV8aAiywdnQZF5mrMS20FVr.jpg\" width=\"1200\" height=\"800\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>","2025-07-18T00:00:00.000000Z",{"name":156,"file_name":157,"url":158},"CSR Award 2025 Accolade.jpg","CSR-Award-2025-Accolade.jpg","https://www.ioigroup.com/storage/2463/CSR-Award-2025-Accolade.jpg","2025-07-24T09:51:09.000000Z","2025-07-18T04:25:01.000000Z",{"meta_title":152,"meta_description":162,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOI) received the Company of the Year (Plantation) – ESG Champion Award at the 10th Sustainabili...",{"id":164,"title":165,"source":7,"body":166,"published":9,"date":167,"image":168,"updated_at":172,"created_at":173,"metatag":174},136,"IOI Earth Month 2025: Cultivating A Circular Future","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1920/1080;\" src=\"https://www.ioigroup.com/storage/editor-images/98CDyLyr3vH9IJWM1YzTR8ntKowXcnGpW56rIKx6.jpg\" width=\"1920\" height=\"1080\">\u003C/figure>\u003Cfigure>\u003Cfigcaption style=\"box-sizing:border-box;font-size:10pt;text-align:center;\">\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>\u003Cbr>At IOI Corporation Berhad (IOI), every action counts in shaping a sustainable future. Since 2010, our annual IOI Earth Month has empowered the IOI family to champion environmental stewardship and adopt sustainable practices. By fostering a culture of climate awareness, accountability and action, we have continuously strengthened our commitment to sustainability across the Group.\u003Cbr> \u003C/p>\u003Cfigure>\u003Cp>This year, we marked the 14\u003Csup>th\u003C/sup> edition of \u003Cstrong>IOI Earth Month Campaign\u003C/strong> with the theme “\u003Ci>Cultivating A Circular Future\u003C/i>”. This year’s theme challenges our employees to rethink waste – not as something to discard, but as a valuable resource for innovation and sustainability.\u003Cbr>\u003Cbr>Throughout March, IOI headquarters were alive with energy as our people engaged in a series of eco-friendly activities, such as Wonky Wonders: Awareness Talk About Nature’s Perfect Imperfections, unboxing the Vegful Mania Blind Box and Lunch & Learn: ReWork, ReWood workshop. These hands-on experiences sparked insightful conversations, inspired creativity and foster collaboration on reducing carbon emissions, conserving resources and embracing the 7Rs of circularity in our everyday life.\u003Cbr> \u003C/p>\u003Cp>“True change starts with each of us. Whether it is reducing single-use plastics, conserving energy or repurposing, cumulative individual actions can make a profound impact,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor. He encouraged IOI employees to build sustainable consumption habits and adopt smarter waste management practices that extend beyond the workplace.\u003Cbr>\u003Cbr>Beyond the month-long initiatives, IOI has also taken bold steps to drive long-term sustainability. Earlier this year, we unveiled our \u003Cstrong>Five-Year Strategic Roadmap\u003C/strong> for 2025-2029 which aims to position the Group as a global leader in sustainable palm products and ingredients. This roadmap not only drives innovation, competitiveness and value creation for the organisation, but also enhances our resilience through sustainability and climate initiatives.\u003Cbr>\u003Cbr>Follow us on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.linkedin.com/company/ioi-corporation-berhad\">LinkedIn\u003C/a>, \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.facebook.com/IOICorporationBerhad\">Facebook\u003C/a> and \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/ioicorporation\">Instagram\u003C/a> for more updates.\u003C/p>\u003C/figure>","2025-03-26T00:00:00.000000Z",{"name":169,"file_name":170,"url":171},"EM2025 Collage.jpg","EM2025-Collage.jpg","https://www.ioigroup.com/storage/1489/EM2025-Collage.jpg","2025-05-28T03:50:01.000000Z","2025-05-04T04:26:32.000000Z",{"meta_title":165,"meta_description":175,"meta_keywords":18},"(File pic by IOI Corporation).At IOI Corporation Berhad (IOI), every action counts in shaping a sustainable future. Since 2010, our annual IOI Earth M...",{"id":177,"title":178,"source":179,"body":180,"published":9,"date":181,"image":182,"updated_at":186,"created_at":187,"metatag":188},135,"Action Arising From IOI’s Fourth Sustainability Consultation Forum 2024","Corporate Sustainability","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/SCF%202024%20rsz_1img_2091.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure>\u003Cfigcaption style=\"box-sizing:border-box;font-size:10pt;text-align:center;\"> \u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) held its fourth Sustainability Consultation Forum (SCF) on 1 August 2024, facilitated by Global Environment Centre (GEC). The event brought together over 60 participants, including IOI’s board members and senior management team, alongside external stakeholders from government agencies, non-governmental organisations and the private sector.\u003Cbr> \u003C/p>\u003Cp>The forum featured two key sessions focused on gathering stakeholder inputs on the key threats, challenges and actionable solutions to protect and enhance biodiversity and ecosystems across IOI plantations and surrounding landscapes.\u003Cbr> \u003C/p>\u003Cp>IOI reaffirmed its strong commitment to biodiversity protection through the continued implementation of Biodiversity and Ecosystem Enhancement Guidelines, while integrating the valuable insights and recommendations from the SCF to further strengthen its conservation efforts.\u003C/p>\u003Cp>For more details on the discussions, click here to \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.ioigroup.com/Files/news/image/SCF%202024%20Public%20Summary%20Report_FINAL.pdf\">read\u003C/a> the full summary report.\u003C/p>","2025-04-11T00:00:00.000000Z",{"name":183,"file_name":184,"url":185},"SCF 2024 rsz_1img_2091.jpg","SCF-2024-rsz_1img_2091.jpg","https://www.ioigroup.com/storage/926/SCF-2024-rsz_1img_2091.jpg","2025-07-04T02:27:08.000000Z","2025-05-04T04:25:36.000000Z",{"meta_title":178,"meta_description":189,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) held its fourth Sustainability Consultation Forum (SCF) on 1 August 2024, facilitated by G...",{"id":191,"title":192,"source":7,"body":193,"published":9,"date":194,"image":195,"updated_at":198,"created_at":199,"metatag":200},134,"Nextgreen IOI Pulp Partners Xiamen C&D To Develop Malaysia’s First 150,000MT Integrated Pulp Production Facility","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2409/1671;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_nextgreen_ioi_signing.jpg\" alt=\"\" width=\"2409\" height=\"1671\">\u003Cfigcaption>\u003Ci>From left: Xiamen C&D Paper & Pulp Group General Manager Zhang Xiao Hui, Nextgreen Global Managing Director Dato’ Lim Thiam Huat and IOI Corporation Berhad Group Managing Director & Chief Executive Dato’ Lee Yeow Chor. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure>\u003Cfigcaption style=\"box-sizing:border-box;font-size:10pt;text-align:center;\"> \u003C/figcaption>\u003C/figure>\u003Cp>\u003Cstrong>PUTRAJAYA\u003C/strong>, 16 April 2025 – Nextgreen Global Berhad (“NGGB”), a pulp and paper manufacturer, today announced that its subsidiary, Nextgreen IOI Pulp Sdn. Bhd. (“NIP”), has signed a joint venture agreement with Hong Kong Paper Sources Co. Limited, a wholly-owned subsidiary of Xiamen C&D Paper & Pulp Group Co. Ltd. (“Xiamen C&D Paper & Pulp”) to establish a new entity in Malaysia. The new entity (“Joint Venture Company”) will spearhead the development of a high-capacity, bio-integrated pulp production facility at the Green Technology Park (“GTP”) in Pekan, Pahang, a key node within the Eastern Corridor Economic Region (“ECER”) Special Economic Zone.\u003Cbr> \u003C/p>\u003Cp>Under the agreement, NIP will hold 75% equity while Xiamen C&D Paper & Pulp will hold the remaining 25%. As background, NIP is a joint venture company between NGGB and IOI Corporation Berhad, while Xiamen C&D Paper & Pulp is the wholly-owned subsidiary of Xiamen C&D Corp. Ltd., a Fortune Global 500 company that is involved in pulp and paper manufacturing and real estate development, among others, in China and other parts of the world.\u003Cbr> \u003C/p>\u003Cp>The facility to be developed on 81 acres of land within the park is targeted for completion within 24 months and will utilise Malaysia’s abundant palm biomass, specifically empty fruit bunch (“EFB”), to produce high-quality pulp. Phase 1 will see 150,000 metric tonnes (“MT”) of pulp being produced annually, with a total estimated capital expenditure (“CAPEX”) of RM900 million. NGGB will contribute technology and technical expertise using its patented Preconditioning Refiner Chemical-Recycle Bleached Mechanised Pulp (“PRC-RBMP”) technology, while Xiamen C&D will take the lead in product off-taking and distribution.\u003Cbr> \u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/1622;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_nextgreen_ioi_group_pic_after_signing.jpg\" alt=\"\" width=\"3000\" height=\"1622\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Zhang Xiao Hui, Xiamen C&D Paper & Pulp Group Co. Ltd., General Manager and Hong Kong Paper Sources Co., Limited, Director said, “This joint venture between NIP and Xiamen C&D Paper & Pulp is a powerful testament to the growing synergy between China and Malaysia in building a greener economy together and represents an important initiative for Xiamen C&D Group in the pulp and paper sector. By integrating NIP’s strength in palm biomass sourcing and processing innovation, together with our robust distribution network, this partnership lays the foundation for a more sustainable pulp and paper supply chain, as well as a more integrated regional economy.\u003Cbr> \u003C/p>\u003Cp>Backed by the strong support from the Malaysian government, and strategically located within the ECER Special Economic Zone, the 410-acre GTP is set to emerge as a regional hub for green manufacturing and bio-industrial activity. This is beyond an investment in infrastructure, it serves as a blueprint for ESG-centric development.\u003Cbr> \u003C/p>\u003Cp>We are committed to promote and advance the development of environmentally friendly pulp production facilities, which will be a critical catalyst in realising the GTP masterplan and advancing both nations’ ambitions in sustainable economic development.”\u003C/p>\u003Cfigure>\u003Cfigure> \u003C/figure>\u003C/figure>","2025-04-16T00:00:00.000000Z",{"name":196,"file_name":196,"url":197},"rsz_nextgreen_ioi_signing.jpg","https://www.ioigroup.com/storage/925/rsz_nextgreen_ioi_signing.jpg","2025-07-04T02:26:33.000000Z","2025-05-04T04:24:15.000000Z",{"meta_title":192,"meta_description":201,"meta_keywords":18},"From left: Xiamen C&D Paper & Pulp Group General Manager Zhang Xiao Hui, Nextgreen Global Managing Director Dato’ Lim Thiam Huat and IOI Corporation B...",{"id":203,"title":204,"source":205,"body":206,"published":9,"date":207,"image":18,"updated_at":208,"created_at":208,"metatag":209},128,"Fire Free Alliance Addresses Forest Fire and Haze in Over 200 Indonesian Villages, Welcomes New Members Sime Darby and IOI Group","Jakarta","\u003Cbr />15 March 2017, Jakarta – The Government of Indonesia has intensified efforts to protect the environment by preventing fires and strengthening the country’s fire-fighting response. Supporting the Government’s leadership on fire prevention is a voluntary multi-stakeholder group called Fire-Free Alliance (FFA). \u003Cbr />\u003Cbr />   More than 200 villages, covering at least 1.5 million hectares of land in various parts of Indonesia, are now participating in community-based fire prevention initiatives. This is the result of the first year of collaborative work of the FFA, which is made up of forestry and agriculture companies, NGOs, and other concerned partners committed to resolving Indonesia’s persistent fire and haze issues.\u003Cbr />\u003Cbr />Established in February 2016, the FFA focuses on fire prevention through community engagement. Founding members include APRIL, Asian Agri, IDH, Musim Mas, PM.Haze and Wilmar. The Alliance also welcomed Sime Darby and IOI Group as new members, announced today on the sidelines of the Responsible Business Forum held in Jakarta. \u003Cbr />\u003Cbr />According to the ‘FFA Members Review 2016’ report released today, the FFA has rapidly expanded fire prevention outreach to 218 villages in various parts of Indonesia.  Of these, 77 villages signed up with FFA members for intensive fire-free programmes in 2016. This is a 756%  increase in the number of villages since the Fire Free Village Programme (FFVP) was launched by APRIL with nine villages in mid 2015. In some cases, FFA members have reported reductions in fire incidences of between 50% and 90% from 2015 to 2016. \u003Cbr />\u003Cbr /> “The FFA was established to help members share knowledge and resources. It serves as a platform for members to help one another develop the most effective strategies to prevent and manage fire risks through long-term partnerships with communities across Indonesia and Malaysia,” said Dorjee Sun, Director of Carbon Conservation which serves as FFA’s secretariat. \u003Cbr />\u003Cbr />“APRIL recognises the lead role that the Ministry of Environment and Forestry, the Coordinating Ministry of Economic Affairs as well Provincial Government has in fire prevention and fire management in Indonesia. We supported the establishment of the FFA because we believe that the forestry and agricultural sectors have a responsibility that extends beyond our concession boundaries and work in partnership with communities to reduce the impact of fires and smoke haze. The FFA provides a platform to help scale the FFVP and enable other companies and NGOs to collaborate and share best practice,” added Craig Tribolet, Forest Protection Manager, APRIL.\u003Cbr />\u003Cbr />“The issue of fire and haze is bigger than the industry. FFA’s strength stems from its collective breadth of expertise and experience amongst members from different sectors in their work with the local communities in their surrounding areas. There is no one-size-fits-all solution when it comes to working with communities, but the candid sharing amongst committed and like-minded FFA members helps with identification and development of innovative solutions that could be adapted to each member’s respective operating landscapes,” said Gurcharan Singh, Wilmar’s Plantation Head - Indonesia.\u003Cbr />\u003Cbr />IDH’s Tony Wood: “The FFA provides a strong and clear commitment by member companies towards preventing forest fires now and in the future. The knowledge sharing and protocol setting at the senior level represents a breakthrough for Indonesian companies who are now demonstrating that by working together, everyone can win. Of even greater significance has been the enthusiasm and immediate success at the operational level by those who physically identify villages and implement the programmes. This is what is leading to the success of the programme at the village level. Because of this, IDH is actively involved in developing and translating a generic toolkit, actively disseminating the benefits to more potential partners, and even becoming involved in directly sponsoring villages.”\u003Cbr />\u003Cbr />Sime Darby and IOI Group have joined as new members, further extending the reach of the FFA’s community fire prevention and management programmes across Indonesia and Malaysia as it enters its second year.  Both companies are attracted to the information-sharing platform and the collaborative and non-competitive culture of FFA where members share the same goal of a sustainable and fire-free region.\u003Cbr />\u003Cbr />"I congratulate the FFA in the expansion of its fire prevention outreach efforts. The inclusion of new members like Sime Darby and IOI validates the importance of a multi-stakeholder approach to solving the haze problem from the source. We hope that we can continue to support the fire prevention efforts of agri-businesses and advocate for the consumption of haze-free products,’ said Benjamin Tay, President of PM.Haze, a research, outreach and advocacy organisation that believes that everyday individuals can be equipped with the knowledge, skills and means to stop haze.\u003Cbr />\u003Cbr />Achievements and commitments by current and new FFA members include:\u003Cbr />\u003Cbr />•\t\u003Cstrong>APRIL\u003C/strong>: 18 villages participating in FFVP in 2016 with a further 50 villages in a precursor Fire Aware Communities programme. Programme to continue in 2017 with 9 new villages enlisted while 9 others, into their third year, graduate to ‘fire resilient communities’. 600,000 ha covered by programme, with just 0.07% of this area damaged by fire in 2016.\u003Cbr />\u003Cbr />•\t\u003Cstrong>Asian Agri\u003C/strong>: 7 villages in Riau plus 2 in Jambi participating in programme evaluation since October 2016, with the programme expanding by 6 more villages in 2017. Just 6.78 ha of 306,664 ha burnt in 2016, with burnt area reduced by over 50% from the 13.75 ha burnt in 2015. Piloting fire free honey initiative with Segati Village to test market support for fire free-labelled products.\u003Cbr />\u003Cbr />•\u003Cstrong>\tIDH\u003C/strong>: Will continue to support the CPO Fund to develop 5 villages and also develop 1 fire free village directly in a high-risk area, and engaging all 6 in the awareness raising programme element. 2017 goals also include identifying 109 villages for possible inclusion in a Fire Free Programme.\u003Cbr />\u003Cbr />•\t\u003Cstrong>IOI Group\u003C/strong>: Implemented high conservation stock assessments, peatland mapping and initial peatland restoration in 2016. Recruited 50 people for Fire Awareness Training (FAT) through Manggala Agni Pontianak to ‘Prevent and Patrol’ in concession and conservation areas till 2020. In 2017, a further 60 people will receive training under FAT. IOI also plans to expand the no-burning farming plan with communities to 4 villages with 32 participants.\u003Cbr />\u003Cbr />•\u003Cstrong>\tMusim Mas\u003C/strong>: 71 villages engaged in Fire Free Awareness campaign in 2016, covering 500,000 ha. A community infrastructure reward of 25M rupiah (nearly USD 2,000) available for villages remaining fire free for one year. 5 villages will engage in a closer engagement with a comprehensive community fire free programme in 2017.\u003Cbr />\u003Cbr />•\t\u003Cstrong>PM.Haze\u003C/strong>: Launched canal blocking project and RSPO certified oil campaign for restaurants in Singapore. In 2017, PM.Haze plans to organise new trips to Sungai Tohor village on Tebing Tinggi Island in Indonesia to support the Hydrological Restoration programme with the Peat Restoration Agency (BRG) and led by WAHLI a local non government organisation. \u003Cbr />\u003Cbr />•\t\u003Cstrong>Sime Darby\u003C/strong>: Implemented ‘Fire Prevention through Sustainable Farming Practices’ programme in 4 villages in 2016, covering an area of 17,158 ha working alongside University of Riau (UNRI), where survey of 280 local farmers showed that 76.63% engaged in slash and burn. Fire occurrences were reduced from 40 hotspots in 2013-2014 to 1 hotspot in 2015-2016. In 2017, further programmes are planned with 4 additional villages in Riau with UNRI and also a further 7 villages in South Kalimantan with University of Lambung Mangkurat (UNLAM). \u003Cbr />\u003Cbr />•\t\u003Cstrong>Wilmar\u003C/strong>: Socialised ‘Fire-Free Community’ programme to 61 villages in South Sumatra and Central Kalimantan in 2016. 1.39 ha of planted area and 67.15 ha of unplanted area burnt in 2016, representing an improvement of approximately 90% on previous years. 2017 goal is to halve the mean average incidence of fires from 2011-2015 in Indonesia plantations and reduce fires in the buffer areas 5km beyond plantation boundaries.\u003Cbr />\u003Cbr />\u003Cstrong>FFA Members Review 2016\u003C/strong>.  Full report is available at : \u003Ca href=\"http://www.firefreealliance.org/blog/ \" target=\"_blank\">http://www.firefreealliance.org/blog/ \u003C/a>\u003Cbr />\u003Cbr />About Fire Free Alliance (FFA).  The FFA was launched on 29 February 2016 and is a voluntary, multi-stakeholder platform comprising forestry and agriculture companies, NGOs and other concerned partners keen to contribute to a solution to Indonesia’s persistent fire and haze problems with a focus on fire prevention through community engagement. Founding members include APRIL, Asian Agri, IDH, Musim Mas, PM.Haze, and Wilmar. Joined in 2017 by new members Sime Darby and IOI Group, FFA has fostered a culture of sharing, trust and collaboration amongst its members and a members’ based information-sharing platform (\u003Ca href=\"http://www.firefreealliance.org/\" target=\"_blank\">http://www.firefreealliance.org/\u003C/a>). \u003Cbr />\u003Cbr />About Fire Free Village Programme (FFVP).  FFVP is a fire management programme that seeks to prevent the fires by focusing on engagement with the community. Initiated and led by APRIL, FFVP was first piloted in 2014 and officially launched in mid 2015.  With support from local NGOs the FFVP’s mix of community level engagement, no burn incentives, capability building and awareness and education initiatives significantly reduced incidences of fire among participating communities.  (\u003Ca href=\"http://www.aprilasia.com/images/pdf_files/Fire-Free-Village-Program-Review-2016.pdf\" target=\"_blank\">http://www.aprilasia.com/images/pdf_files/Fire-Free-Village-Program-Review-2016.pdf\u003C/a>)\u003Cbr />\u003Cbr />As well as drawing on the FFVP programme elements and the experience of participating companies, the FFA helps member companies tailor and adapt the programme to meet the specific fire prevention needs in the communities where they operate.  \u003Cbr />\u003Cbr />Media Contacts\u003Cbr />\u003Cbr />APRIL  \u003Cbr />Agung Laksamana\u003Cbr />Agung_laksamana@aprilasia.com\u003Cbr />\t\u003Cbr />Musim Mas \u003Cbr />Carolyn Lim \u003Cbr />carolyn.lim@musimmas.com  \u003Cbr />\u003Cbr />Asian Agri \u003Cbr />Maria Sidabutar \u003Cbr />Maria_Sidabutar@asianagri.com\u003Cbr /> \t\u003Cbr />PM.Haze \u003Cbr />Zhang Wen \u003Cbr />zhangwen@pmhaze.org  \u003Cbr />\u003Cbr />IDH \u003Cbr />Fitrian Ardiansyah \u003Cbr />Ardiansyah@idhtrade.org \u003Cbr />\u003Cbr />Sime Darby  \u003Cbr />Mark Wong\u003Cbr />mark.wong@simedarby.com \u003Cbr />\u003Cbr />Wilmar \u003Cbr />Iris Chan  \u003Cbr />iris.chan@wilmar.com.sg   \u003Cbr />\t\u003Cbr />IOI Group\u003Cbr />Dickens Mambu \u003Cbr />dickens.mambu@ioigroup.com \u003Cbr />\u003Cbr />FFA Secretariat \u003Cbr />Dorjee Sun  \u003Cbr />dorjee@carbonconservation.com \u003Cbr />\u003Cbr /> ","2017-03-15T00:00:00.000000Z","2025-05-02T11:56:09.000000Z",{"meta_title":204,"meta_description":210,"meta_keywords":18},"15 March 2017, Jakarta – The Government of Indonesia has intensified efforts to protect the environment by preventing fires and strengthening the coun...",{"id":212,"title":213,"source":179,"body":214,"published":9,"date":215,"image":216,"updated_at":219,"created_at":208,"metatag":220},129,"2020 Dow Jones Sustainability Indices - IOI Makes Marked Improvement in ESG Ratings","\u003Cp>IOI Corporation Berhad (IOI) has significantly improved its performance in all the Environmental, Social and Governance (ESG) dimensions compared to the previous assessment year, confirming IOI’s focus on sustainability. Based on the SAM Corporate Sustainability Assessment 2020 (CSA), IOI has successfully increased its performance in the environmental dimension from 39 percentile to 82 percentile this year. IOI has also increased its social dimension performance from 30 percentile to 61 percentile, as well as its governance and economic dimension from 47 percentile to 65 percentile. \u003Cbr>\u003Cbr>IOI’s marked performance has led it to be ranked top 35 among 112 assessed companies with the highest market capitalisation in the Food Products industry under the emerging markets category. As a result of IOI’s overall improved ranking, IOI is currently placed at the 71\u003Csup>st\u003C/sup> percentile as compared to the 45\u003Csup>th\u003C/sup> percentile last year. \u003Cbr>\u003Cbr>The CSA is an annual evaluation of companies’ sustainability practices on ESG dimensions. A total of 4,710 public listed companies with the highest market capitalisation across 61 industries worldwide were assessed, and the most sustainable companies will eventually be selected as a constituent of the Dow Jones Sustainability Indices. \u003Cbr>\u003Cbr>IOI will continue to improve its ESG performance and aspires to be included as one of the top industry leaders in the Dow Jones Sustainability Indices.\u003C/p>\u003Cp> \u003C/p>","2020-11-25T00:00:00.000000Z",{"name":217,"file_name":217,"url":218},"ioi_group28.jpg","https://www.ioigroup.com/storage/779/ioi_group28.jpg","2025-05-04T04:50:55.000000Z",{"meta_title":213,"meta_description":221,"meta_keywords":18},"IOI Corporation Berhad (IOI) has significantly improved its performance in all the Environmental, Social and Governance (ESG) dimensions compared to t...",{"id":223,"title":224,"source":179,"body":225,"published":9,"date":226,"image":227,"updated_at":230,"created_at":208,"metatag":231},130,"Actions Arising from IOI’s First Sustainability Consultation Forum 2021","\u003Cp>IOI Corporation Berhad (IOI) held its first \u003Ca href=\"https://www.ioigroup.com/Content/MEDIA/NewsroomDetails?intNewsID=1040\">Sustainability Consultation Forum (SCF)\u003C/a> on 28 May 2021, facilitated by BSR (Business for Social Responsibility), with a total of 40 participants have attended the session including IOI’s senior management team and external stakeholders.\u003Cbr>\u003Cbr>Several key outcomes were identified and released to address the systemic labour challenges in the palm oil sector in Malaysia, with specific focus on 1) Responsible Recruitment Practices, especially in Peninsular Malaysia, and 2) Legalisation, especially in Sabah. A comprehensive action plan was developed based on the key outcomes after several discussions with our Sustainability Advisory Panel (SAP).  \u003Cbr>\u003Cbr>Among the action plans developed, IOI is currently actively engaging with relevant authorities to share insights and develop solutions to establish a responsible recruitment practice. In addition, IOI participate in the National Action Plan on Forced Labour (NAPFL) 2021-2025 and set up a working group to find the best approach to legalise undocumented workers in Sabah.\u003Cbr>\u003Cbr>For more details on the outcomes and action plans on responsible recruitment practices and legalisation, please click \u003Ca href=\"https://www.ioigroup.com/Files/news/pdf/IOI_Outcomes and Action Plans on Responsible Recruitment Practices and Legalization.pdf\">HERE\u003C/a>.\u003C/p>","2022-01-13T00:00:00.000000Z",{"name":228,"file_name":228,"url":229},"ioi_group38.jpg","https://www.ioigroup.com/storage/780/ioi_group38.jpg","2025-05-04T04:51:09.000000Z",{"meta_title":224,"meta_description":232,"meta_keywords":18},"IOI Corporation Berhad (IOI) held its first Sustainability Consultation Forum (SCF) on 28 May 2021, facilitated by BSR (Business for Social Responsibi...",{"id":234,"title":235,"source":179,"body":236,"published":9,"date":237,"image":238,"updated_at":241,"created_at":208,"metatag":242},131,"Second IOI Sustainability Consultation Forum On Climate Strategy & Net Zero","\u003Cp>Following the success of its first Sustainability Consultation Forum (SCF) in 2021 on the social aspects of its workforce, IOI Corporation Berhad (IOI) organised its second Sustainability Consultation Forum on its Climate Strategy and journey towards Net Zero on 19 May 2022.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Participants_in_the_physical_session%20(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>As in the first SCF, this forum served as a platform for IOI to listen, discuss and collaborate with specific stakeholders to deepen our understanding of the critical enablers of a credible corporate Net Zero strategy with a specific focus on net-zero target-setting, especially pertaining to Scope 3 greenhouse gas emissions and the role regenerative agriculture can play in the cradle-to-cradle (circularity) concept. As an outcome of the Forum, IOI had identified actions and next steps to operationalise its Net Zero ambition.\u003C/p>\u003Cp> \u003C/p>\u003Cp>ERM (Environmental Resources Management) facilitated the Forum in a hybrid of face to face and virtual format, with the attendance of 40 IOI’s senior leadership and management team including IOI Independent Non-Executive Director Dr Nesadurai Kalanithi, IOI Group Managing Director & Chief Executive Dato’ Lee Yeow Chor, Plantation Director Mr NB Sudhakaran, Group Head of Sustainability Dr Surina Ismail as well as 15 external participants from the Roundtable on Sustainable Palm Oil (RSPO), Proforest, international brands, rating agencies,  investors and local universities. Core members of IOI Sustainability Advisory Panel (SAP) such as its esteemed Advisor to the RSPO Mr MR Chandran and Bunge Loders Croklaan were also present.\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Virtual%201.jpg\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp>\u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Virtual%202.jpg\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>As an added agenda to the SCF, a series of talks on climate change related matters (SBTi – FLAG, Regenerative Agriculture and Scope 3 Emissions) were conducted in order to deepen the understanding of IOI employees towards the impact of climate change in its operation.  The invited distinguished speakers were from ERM Ms Kate Newbury-Helps, Universiti Putra Malaysia Professor Dr Wong Mui Yun and Nestle Malaysia Dato’ Adnan Pawanteh.\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/b.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>The Executive Summary of the Forum will be published in the next update.\u003C/p>\u003Cp> \u003C/p>\u003Cp> \u003C/p>","2022-05-20T00:00:00.000000Z",{"name":239,"file_name":239,"url":240},"ioi_group37.jpg","https://www.ioigroup.com/storage/781/ioi_group37.jpg","2025-05-04T04:51:18.000000Z",{"meta_title":235,"meta_description":243,"meta_keywords":18},"Following the success of its first Sustainability Consultation Forum (SCF) in 2021 on the social aspects of its workforce, IOI Corporation Berhad (IOI...",{"id":245,"title":246,"source":179,"body":247,"published":9,"date":248,"image":249,"updated_at":208,"created_at":208,"metatag":252},132,"Actions Arising From IOI’s Second Sustainability Consultation Forum 2022","\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/with%20masks.jpg\" alt=\"\" />\u003C/div>\r\n\u003Cdiv style=\"font-size: 10pt; line-height: normal; text-align: center;\">\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003C/p>\r\n\u003Cp>IOI Corporation Berhad (IOI) held its \u003Ca href=\"https://www.ioigroup.com/Content/MEDIA/NewsroomDetails?intNewsID=1082\" target=\"_blank\" rel=\"noopener\">second Sustainability Consultation Forum (SCF)\u003C/a> on 19 May 2022, facilitated by ERM (Environmental Resources Management (M) Sdn Bhd), with the attendance of 40 participants, including IOI’s board members and senior management as well as external stakeholders.\u003C/p>\r\n\u003Cp>The focal points of the discussion revolved around the following topics:\u003C/p>\r\n\u003Col>\r\n\u003Cli>IOI Climate Strategy and Net-Zero Target, and\u003C/li>\r\n\u003Cli>Land Use Emissions and Regenerative Agriculture.\u003C/li>\r\n\u003C/ol>\r\n\u003Cp>These are some of the key recommendations:\u003C/p>\r\n\u003Cul>\r\n\u003Cli>To develop a Net-Zero roadmap consisting of a time-bound emission reduction plan and targets as well as the key greenhouse gas emission reduction initiatives\u003C/li>\r\n\u003Cli>To further invest in improving regenerative agriculture practices by collaborating with academia, experts, and agronomists as well as a certification body (Roundtable on Sustainable Palm Oil (RSPO)).\u003C/li>\r\n\u003C/ul>\r\n\u003Cp>Click \u003Ca href=\"https://www.ioigroup.com/Files/news/pdf/IOI SCF_Summary Report_Revised_ERM_21112022_r2.pdf\" target=\"_blank\" rel=\"noopener\">here\u003C/a> to view the full Executive Summary.  \u003C/p>","2022-11-22T00:00:00.000000Z",{"name":250,"file_name":250,"url":251},"with_masks.jpg","https://www.ioigroup.com/storage/782/with_masks.jpg",{"meta_title":246,"meta_description":253,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) held its second Sustainability Consultation Forum (SCF) on 19 May 2022, facilitated by ERM...",{"id":255,"title":256,"source":179,"body":257,"published":9,"date":258,"image":259,"updated_at":263,"created_at":208,"metatag":264},133,"IOI’s Fourth Sustainability Consultation Forum On Addressing The Impacts On Biodiversity And Ecosystems","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2860/1907;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/SCF%202024%20rsz_1dsc03788.jpg\" alt=\"\" width=\"2860\" height=\"1907\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Since 2021, IOI Corporation Berhad’s (IOI) Sustainability Consultation Forum (SCF) has been an annual platform dedicated to leveraging the expertise of our partners, civil society organisations and technical experts to innovate and create long-term, positive impacts throughout our value chain. This year was no exception, our fourth SCF featured insightful exchanges among more than 60 internal and external participants focused on the critical issues of biodiversity on 1 August 2024.\u003C/p>\u003Cp>Themed “Addressing the Impacts on Biodiversity and Ecosystems”, the forum fostered fruitful discussions on understanding the current state – threats, impacts and challenges facing biodiversity and ecosystems – as well as identifying gaps and developing actionable solutions to enhance biodiversity and ecosystems in the regions where IOI operates. We also took the opportunity to present our existing implementation of biodiversity, conservation and rehabilitation activities as well as our Biodiversity and Ecosystem Enhancement Guidelines to strengthen our biodiversity and conservation efforts in these areas.\u003C/p>\u003Cp>Malaysian non-profit organisation Global Environment Centre (GEC) moderated this year’s SCF in a hybrid format, facilitating both physical and virtual participation while using online polls to prioritise key issues and solutions. It was attended by IOI’s senior leadership and management team, including IOI Independent Non-Executive Director Dr Nesadurai Kalanithi, Group Managing Director & Chief Executive Dato’ Lee Yeow Chor, Plantation Director Mr NB Sudhakaran and Chief Sustainability Officer Dr Surina Ismail, as well as external participants from various government agencies, non-governmental organisations and private sector.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;\" src=\"https://www.ioigroup.com/Files/news/image/SCF 2024 rsz_1img_2091.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>A group picture of the SCF participants. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The outcomes of this forum will be compiled in an Executive Summary and published in the next update.\u003C/p>\u003Cp> \u003C/p>","2024-08-01T00:00:00.000000Z",{"name":260,"file_name":261,"url":262},"SCF 2024 rsz_1dsc03788.jpg","SCF-2024-rsz_1dsc03788.jpg","https://www.ioigroup.com/storage/940/SCF-2024-rsz_1dsc03788.jpg","2025-07-04T02:23:06.000000Z",{"meta_title":256,"meta_description":265,"meta_keywords":18},"(File pic by IOI Corporation).Since 2021, IOI Corporation Berhad’s (IOI) Sustainability Consultation Forum (SCF) has been an annual platform dedicated...",{"id":267,"title":268,"source":7,"body":269,"published":9,"date":270,"image":271,"updated_at":275,"created_at":276,"metatag":277},112,"IOI Celebrates Third Consecutive Win At The Edge ESG Awards 2024","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2000/3000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/The%20Edge%20ESG%202024%20rsz_dsc04765-2.jpg\" alt=\"\" width=\"2000\" height=\"3000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:856/611;box-sizing:border-box;max-width:100%;object-fit:cover;vertical-align:middle;\" src=\"https://www.ioigroup.com/Files/news/image/Stage%20Picture.jpg\" alt=\"\" width=\"856\" height=\"611\">\u003Cfigcaption>\u003Ci>IOI Group Chief Sustainability Officer Dr Surina Ismail (centre), whose leadership has been pivotal in advancing our sustainability agenda and embedding sustainable practices across the Group, accepted the award on behalf of IOI.\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) has once again won a \u003Cstrong>Gold\u003C/strong> award in the plantation sector under the PLC category at the third The Edge Malaysia ESG Awards 2024, held at the Mandarin Oriental Hotel in Kuala Lumpur on 14 October 2024. This accolade marks our third consecutive win, reaffirming our steadfast commitment to economic/environmental, social and governance (EESG) practices.\u003C/p>\u003Cp>We extend our heartfelt gratitude to The Edge Malaysia for recognising our ongoing efforts in championing responsible business practices that benefit the economy, environment, our communities and future generations. For almost two decades, we have embedded sustainability into our operations, establishing a robust foundation that not only meets the current EESG expectations but also positions IOI as a leader in circularity and sustainable growth.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor attributed the success to the systematic implementation of our decarbonisation and circularity strategies across the Group. These initiatives include methane capture, rehabilitation, reforestation and various recycling programmes. He said: “This year, we are proud to have achieved the short-term target of our Climate Change Action initiative, reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 40% compared with the 2015 baseline – one year ahead of our target year of 2025.” As of June 2024, IOI has successfully reduced GHG emission by 42% across both our plantation and resource-based manufacturing divisions.\u003C/p>\u003Cp>The Edge Malaysia, in collaboration with Bursa Malaysia and FTSE Russell, organised this year’s awards, which saw nearly all Main Market-listed pubic listed companies (PLCs) qualify in the running. IOI is among 779 PLCs with a FTSE4Good ESG score, which has impressively increased from an average of 2.5 in 2014 to 3.6 in June 2024. The PLC category (formerly known as equities category) has evolved to reflect the growing adoption and inclusivity of ESG practices in Malaysia, evaluating how effectively companies mitigate ESG risks across 14 themes and over 300 indicators within the FTSE4Good’s ESG ratings model.\u003C/p>","2024-10-15T00:00:00.000000Z",{"name":272,"file_name":273,"url":274},"The Edge ESG 2024 rsz_dsc04765-2.jpg","The-Edge-ESG-2024-rsz_dsc04765-2.jpg","https://www.ioigroup.com/storage/934/The-Edge-ESG-2024-rsz_dsc04765-2.jpg","2025-07-04T02:21:19.000000Z","2025-05-02T11:56:08.000000Z",{"meta_title":268,"meta_description":278,"meta_keywords":18},"(File pic by IOI Corporation).IOI Group Chief Sustainability Officer Dr Surina Ismail (centre), whose leadership has been pivotal in advancing our sus...",{"id":280,"title":281,"source":7,"body":282,"published":9,"date":283,"image":284,"updated_at":288,"created_at":276,"metatag":289},113,"IOI Foundation Awards RM323,000 In 2024 Scholarships To Empower 13 Recipients","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI%20Scholarship%202024_dsc05845.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>Datin Joanne Wong (sixth from left) and Dato’ Lee Yeow Chor (fifth from right) presenting the mock cheque to the scholarship recipients. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) has awarded RM323,000 in scholarships to 13 recipients, including 10 students and three current employees, across diverse educational institutions during the \u003Cstrong>IOI Scholarship Award Ceremony 2024\u003C/strong> held on 21 October 2024. These scholarships support studies in fields such as engineering, food science, agriculture and finance, with the aim of equipping the next generation of IOI leaders with the skills and expertise needed for seamless job placement after graduation.\u003C/p>\u003Cp>IOI Corporation Berhad's (IOI) Group Managing Director and Chief Executive Dato’ Lee Yeow Chor, who also serves as a Trustee of IOI Foundation, and the Foundation’s Executive Director Datin Joanne Wong hosted the ceremony at IOI Headquarters in IOI Resort City. We welcomed 17 present and past scholars to the event filled with programme overview, ice-breaking activities, networking opportunities with peers and a dedicated talk titled ‘The Power of You’, designed to help our scholars gain insights into their personalities to leverage their strengths for future success in both their careers and personal development.\u003C/p>\u003Cp>To date, IOI Foundation has awarded more than RM11.89 million worth of scholarships to 358 deserving students since inception, reflecting its strong commitment to supporting education and nurturing future talents. The Foundation plays a vital role in advancing the Group’s corporate social responsibilities through various programmes in education, community welfare, medical assistance and the promotion of Science, Technology, Engineering & Mathematics (STEM) subjects to drive positive socio-economic impacts for the local communities, while enriching the lives of the less fortunate.\u003C/p>\u003Cp>In addition, IOI Foundation has successfully adopted 1,570 students through its Student Adoption Programme as of June 2024. Other impactful educational-related initiatives include the IOI Leadership Youth Camp, IOI Public Speaking Workshops and Competitions, and donations for upgrading school facilities, all of which aimed to inspire and empower young minds to build a brighter future for themselves and the community.\u003C/p>","2024-10-21T00:00:00.000000Z",{"name":285,"file_name":286,"url":287},"IOI Scholarship 2024_dsc05845.jpg","IOI-Scholarship-2024_dsc05845.jpg","https://www.ioigroup.com/storage/935/IOI-Scholarship-2024_dsc05845.jpg","2025-07-04T02:31:41.000000Z",{"meta_title":281,"meta_description":290,"meta_keywords":18},"Datin Joanne Wong (sixth from left) and Dato’ Lee Yeow Chor (fifth from right) presenting the mock cheque to the scholarship recipients. (File pic by ...",{"id":292,"title":293,"source":7,"body":294,"published":9,"date":295,"image":296,"updated_at":300,"created_at":276,"metatag":301},114,"IOI Clinches Gold In Workplace Wellbeing Excellence At HREA 2024","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/HREA%202024%20rsz_hr_trophy.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) was awarded a \u003Cstrong>Gold Award for Excellence in Workplace Wellbeing\u003C/strong> during the 12\u003Csup>th\u003C/sup> Human Resources Excellence Awards (HREA) 2024, held at the Hilton Kuala Lumpur. The event brought over 680 industry leaders together in a dazzling celebration of outstanding human resources achievements on 18 October 2024.\u003C/p>\u003Cp>At IOI, we believe that a happy and healthy workplace is the foundation of our success. This prestigious recognition highlights our unwavering commitment to creating a workplace culture where our employees can thrive both personally and professionally. Central to our efforts is \u003Ci>IOI Cares\u003C/i>, our personalised employee wellness programme which fosters employee well-being holistically through an evidence-based digital health solution that supports personal and professional growth, physical and mental health as well as overall happiness.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1920/1280;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_120241018_-_hrea_2024_0965_1498_grp.jpg\" alt=\"\" width=\"1920\" height=\"1280\">\u003Cfigcaption>\u003Ci>The award was accepted by IOI Head of Human Resource Molly Tam (third from right), who said: “A heartfelt thank you to our incredible employees – this victory is yours! Together, we will continue setting new benchmarks for excellence and ensuring IOI remains a great place to work.”\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The HREA, hosted annually by Human Resources Online, is one of Malaysia's premier platforms for recognising HR trailblazers. Judged by an esteemed panel of eminent HR practitioners from the corporate and public sectors, the awards celebrate organisations that excel in areas such as talent acquisition, workforce engagement, leadership development and employee retention. This year’s event highlighted companies that are at the forefront of driving innovation and fostering employee-centric HR strategies to shape the future of work through care, empowerment and well-being.\u003C/p>","2024-10-23T00:00:00.000000Z",{"name":297,"file_name":298,"url":299},"HREA 2024 rsz_hr_trophy.jpg","HREA-2024-rsz_hr_trophy.jpg","https://www.ioigroup.com/storage/936/HREA-2024-rsz_hr_trophy.jpg","2025-07-04T02:30:55.000000Z",{"meta_title":293,"meta_description":302,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) was awarded a Gold Award for Excellence in Workplace Wellbeing during the 12th Human Resou...",{"id":304,"title":305,"source":7,"body":306,"published":9,"date":307,"image":308,"updated_at":312,"created_at":276,"metatag":313},115,"IOI Leads Inaugural CEO Action Network’s Roundtable On Sustainable Waste Management And Circular Economy Practices","\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;\" src=\"https://www.ioigroup.com/Files/news/image/CAN%202024_dsc07184.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>Our esteemed panelists and moderators, seated on the right side of the table, led an insightful discussion on advancing sustainable practices in waste management and circularity. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) hosted the inaugural roundtable panel discussion with the \u003Cstrong>CEO Action Network (CAN)\u003C/strong> for Workstream 1 (Waste and Circularity). The event, held on 6 November 2024, focused on Malaysia’s policy landscape for advancing sustainable waste management and promoting circular economy practices. Themed ‘Biomass, Plastic & Packaging’, the discussion brought together over 45 physical and online participants, including leading industry experts, policymakers and advocates. The session aimed to foster collaborations towards a more resilient and low-waste future for Malaysia.\u003Cbr> \u003C/p>\u003Cp>The roundtable featured valuable perspectives from our event partners, Nestlé (M) Berhad and Tetra Pak (M) Sdn Bhd, alongside panelists from the Ministry of Housing and Local Government, Petaling Jaya City Council, Malaysian Palm Oil Board, Indah Water Konsortium Sdn Bhd, Nextgreen Global Bhd and Nestlé. Discussions centered on strategies to align corporate and government efforts for circularity, while also balancing environmental responsibility.\u003Cbr> \u003C/p>\u003Cp>During the event, IOI presented our 7Rs framework (Rethink, Repurpose, Reduce, Reuse, Recycle, Repair, and Recover) which underpins our integrated approach to waste management and circularity. The first panel session provided insights into biomass applications, exploring its challenges and potential to support a sustainable economy. While the second session highlighted innovative circular packaging, recyclable packaging designs and collaborative recycling initiatives. These successful examples demonstrate tangible applications of the circular economy and offer actionable models for both the government and other businesses to adopt.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;\" src=\"https://www.ioigroup.com/Files/news/image/CAN 2024_edited-50.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>A group picture of the roundtable participants, including dedicated CAN members and key management from IOI. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Since 2021, IOI has been an active CAN member, which is a powerful coalition of like-minded business leaders dedicated to advancing sustainability advocacy. Today, it serves as a unique platform for 75 leading Malaysian businesses spanning more than 20 sectors working together to mobilise national climate goals and drive sustainability policies. Members of CAN, including IOI, have been working closely together to strengthen our national climate ambition while fostering an ecosystem conducive to sustainable business practices and development in Malaysia.\u003C/p>","2024-11-06T00:00:00.000000Z",{"name":309,"file_name":310,"url":311},"CAN 2024_dsc07184.jpg","CAN-2024_dsc07184.jpg","https://www.ioigroup.com/storage/937/CAN-2024_dsc07184.jpg","2025-07-04T02:29:47.000000Z",{"meta_title":305,"meta_description":314,"meta_keywords":18},"Our esteemed panelists and moderators, seated on the right side of the table, led an insightful discussion on advancing sustainable practices in waste...",{"id":316,"title":317,"source":7,"body":318,"published":9,"date":319,"image":320,"updated_at":324,"created_at":276,"metatag":325},116,"IOI Wins Most Caring & Best Company At HR Asia Awards 2024","\u003Cp>\u003Cimg class=\"img-fluid\" style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/HR%20Asia_Award%20Pics.jpg\" width=\"776\" height=\"600\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) proudly emerged as a dual award winner at the prestigious HR Asia Awards 2024, held at the One World Hotel, Petaling Jaya on 4 December 2024. We clinched the \u003Cstrong>Best Companies to Work for in Asia 2024 \u003C/strong>and \u003Cstrong>Most Caring Company Awards 2024\u003C/strong>, affirming our commitment to fostering a culture of employee engagement and excellence through comprehensive human resource (HR) initiatives.\u003C/p>\u003Cp>These accolades reflect our continued dedication to creating an inspiring work environment, underpinned by a strong vision, strategic direction and employee value proposition.  Our robust learning and development programmes, flexible work arrangements, effective well-being programme through \u003Ci>IOI Cares\u003C/i>, and emphasis on work-life integration have played a pivotal role in motivating our people to excel. Moreover, our corporate social responsibility and sustainability initiatives cultivate a workplace rooted in empathy and care, reinforcing IOI’s position as an employer of choice in Asia.\u003C/p>\u003Cfigure>\u003Cp>\u003Cimg class=\"img-fluid\" style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/HR Asia_Stage .jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>\u003Cstrong>IOI Head of Group Human Resources Molly Tam and Corporate Learning & Talent Development Manager Wendy Ng receiving the accolades on the stage.\u003C/strong>\u003C/i>  \u003C/p>\u003C/figure>\u003Cp>The HR Asia Awards 2024 mark the 11\u003Csup>th\u003C/sup> anniversary of Best Companies to Work for in Asia programme, themed ‘The Definitive Z Choice’. This year’s winners, including IOI, exemplify excellence in navigating the unique challenges and opportunities posed by the growing presence of Gen Z in the workforce. These companies have demonstrated their ability to attract and retain young talents while fostering a diverse, collaborative and innovative workplace culture – key attributes that resonate with the new generation of employees.\u003C/p>\u003Cfigure>\u003Cp>\u003Cimg class=\"img-fluid\" style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/HR Asia_Group Pic.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>\u003Cstrong>Kudos to our HR team for nurturing a supportive and caring environment for our workforce!\u003C/strong>\u003C/i>\u003C/p>\u003C/figure>\u003Cp>The HR Asia Awards programme is recognised as the largest employee engagement recognition initiative in the region. Spanning over a decade, it has evaluated more than 20,000 companies, surveyed over 1.5 million employees, and covered 95% of the Asian continent. With entries from Fortune 500 companies, multinational corporations and government-linked entities, the awards reflect the pinnacle of employer excellence across 15 countries in Asia.\u003C/p>","2024-12-06T00:00:00.000000Z",{"name":321,"file_name":322,"url":323},"HR Asia_Award Pics-v2.jpg","HR-Asia_Award-Pics-v2.jpg","https://www.ioigroup.com/storage/1695/HR-Asia_Award-Pics-v2.jpg","2025-05-13T02:22:21.000000Z",{"meta_title":317,"meta_description":326,"meta_keywords":18}," IOI Corporation Berhad (IOI) proudly emerged as a dual award winner at the prestigious HR Asia Awards 2024, held at the One World Hotel, Petaling Jay...",{"id":328,"title":329,"source":7,"body":330,"published":9,"date":331,"image":332,"updated_at":336,"created_at":276,"metatag":337},117,"IOI Unveils Transformative Five-Year Strategic Roadmap for 2025 - 2029","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/pix%201_i.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>From left to right:  Mr Lim Jit Uei, Mr Tan Kean Hua, Dato’ Lee, Mr David Koo and Mr NB Sudhakaran (File picture by IOI Corporation)\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) has introduced a groundbreaking \u003Cstrong>Five-Year Strategic Roadmap\u003C/strong> for 2025-2029 during an exclusive internal event, \u003Ci>High-Tea With CEO\u003C/i>, on 21 January 2025. The transformative roadmap charts an ambitious path for IOI to become a global leader in sustainable palm products and ingredients. Building upon the foundation of the previous Five-Year Plan, which concluded in December 2024, this new strategy sets the stage for continued growth and innovation.\u003C/p>\u003Cp>“The new strategic roadmap reflects our determination to continuously improve ourselves and create value for the company, with a steadfast focus on operational excellence and sustainability stewardship,” said IOI Corporation Berhad Group Managing Director and Chief Executive Dato’ Lee Yeow Chor.\u003C/p>\u003Cp>The roadmap is centred on four key Strategic Priorities:\u003C/p>\u003Col>\u003Cli>\u003Cstrong>Product Portfolio Expansion\u003C/strong>\u003C/li>\u003Cli>\u003Cstrong>Innovation\u003C/strong>\u003C/li>\u003Cli>\u003Cstrong>Productivity & Quality\u003C/strong>\u003C/li>\u003Cli>\u003Cstrong>Sustainability & Climate Initiatives\u003C/strong>\u003C/li>\u003C/ol>\u003Cp>This medium-term plan marks a significant step in IOI’s evolution from a plantation and commodity-based company to a global leader in sustainable palm products and ingredients. It reinforces the Group’s alignment with our ambitious net-zero pathway and paves the way for future growth.\u003C/p>\u003Cp>The strategic roadmap was officiated by Dato’ Lee alongside senior management leaders, IOI Deputy Group Chief Executive Officer Mr Tan Kean Hua, IOI Plantation Director Mr NB Sudhakaran, IOI Director of Commodity Marketing Mr Lim Jit Uei and IOI Director of Oleochemical (Malaysia) Mr David Koo. The event was attended by over 500 employees, both in person at Palm Garden Hotel, IOI Resort City and virtually from IOI headquarters and subsidiary companies in Peninsular Malaysia, Sabah and Germany. This strategic roadmap is not just a blueprint for the company but also unites all employees, serving as a catalyst for personal growth and career advancement, and encouraging everyone to grow and strive towards shared goals.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2400/1600;\" src=\"https://www.ioigroup.com/Files/news/image/pix 2_11.jpg\" alt=\"\" width=\"2400\" height=\"1600\">\u003Cfigcaption>\u003Ci>(File picture by IOI Corporation)\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3000/2000;\" src=\"https://www.ioigroup.com/Files/news/image/pix 3_i.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>(File picture by IOI Corporation)\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The event also featured an engaging fireside chat on \u003Ci>“Efficient, Innovative & Sustainable Agriculture,”\u003C/i> featuring Dato’ Lee and Mr NB Sudhakaran, with the discussion moderated by IOI Head of Group Strategy Mr Amir Hafiz. This was followed by a \u003Ci>Dialogue with CEO\u003C/i> session, where divisional heads addressed key topics and engaged with employees. The day concluded with a delightful high-tea session, offering participants the opportunity to connect with Dato’ Lee and the senior management team.\u003C/p>","2025-01-22T00:00:00.000000Z",{"name":333,"file_name":334,"url":335},"pix 1_i.jpg","pix-1_i.jpg","https://www.ioigroup.com/storage/939/pix-1_i.jpg","2025-07-04T02:28:23.000000Z",{"meta_title":329,"meta_description":338,"meta_keywords":18},"From left to right:  Mr Lim Jit Uei, Mr Tan Kean Hua, Dato’ Lee, Mr David Koo and Mr NB Sudhakaran (File picture by IOI Corporation) IOI Corporation B...",{"id":340,"title":341,"source":7,"body":342,"published":9,"date":343,"image":344,"updated_at":347,"created_at":276,"metatag":348},118,"IOI Pioneers Drug Therapies With Breakthrough Ketone Ester Technology","\u003Cp>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:751/187;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/ketolipix-logo-full-color-cmyk.png\" alt=\"\" width=\"751\" height=\"187\">\u003C/p>\u003Cfigure>\u003Cfigcaption style=\"box-sizing:border-box;font-size:10pt;text-align:center;\">\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>\u003Cbr>IOI Corporation Berhad (IOI), through our German subsidiary KetoLipix Therapeutics GmbH (KetoLipix), is leading pharmaceutical innovation by developing drug therapies for conditions with high unmet medical need, leveraging KetoLipix’s breakthrough ketone ester technology.\u003Cbr>\u003Cbr>KetoLipix, a spin-off of our German subsidiary IOI Oleo GmbH, has successfully designed and developed a diverse portfolio of ketone esters to provide novel and unconventional treatments for high-need patients. The company particularly targets drug-resistant epilepsy in children as the lead indication, but other forms of metabolic and neurological conditions are also expected to be amenable to ketone ester therapy.\u003Cbr>\u003Cbr>KetoLipix’s proprietary chemical Core Shell Technology provides non-toxic ketone esters with a high ketogenic load, favourable taste, predictable sustained-release properties, food compatibility and optimal tolerability. This innovation is designed to make it easier, safer and more effective for patients to integrate the products into their daily routines.\u003Cbr>\u003Cbr>Chief Executive Officer of KetoLipix Mr Mark Tuchen stated on the progress of KetoLipix since its inception as a biotech start-up in 2022: “I am delighted that we have successfully formed a team of highly experienced and distinguished scientists who have already made great progress in selecting and profiling development candidates from our portfolio of compounds. Expertise in ketone ester chemistry, pharmaceutical development, clinical strategies and all other fields of drug discovery and development has been combined to establish a strategy for swiftly progressing towards testing our hypotheses in the clinic.” \u003Cbr>\u003Cbr>To date, KetoLipix has developed 14 patent families, establishing itself as a global leader in ketone ester technology and housing the world’s largest proprietary ketone ester library for use as active pharmaceutical ingredients. The technology leverages KetoLipix’s expertise in ketone ester-based drug discovery alongside IOI Oleo GmbH’s leadership in specialty lipids.\u003Cbr>\u003Cbr>IOI Deputy Group Chief Executive Officer and Chairman of the KetoLipix Board Mr Tan Kean Hua emphasised the significance of this breakthrough technology: “I believe that integrating KetoLipix’s cutting-edge technology with IOI Oleo GmbH’s superior production capabilities and global market access will create a synergistic opportunity for our strategic expansion in the pharmaceutical industry.”\u003Cbr>\u003Cbr>\u003Cstrong>About IOI Oleo GmbH\u003C/strong>\u003Cbr>IOI Oleo GmbH is a prominent European supplier of oleochemical specialties and a leading provider of medium-chain triglycerides (MCTs) across Europe. Headquartered in Hamburg, Germany, the company operates advanced production facilities in Witten and Wittenberge, which have consistently adhered to the highest standards of pharmaceutical Good Manufacturing Practice (GMP) since 2005. Specialising in the production and supply of specialty lipids, active substances, and essential oleochemicals, IOI Oleo GmbH serves diverse industries, including cosmetics, pharmaceuticals, food and technical applications.\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.ioioleo.de/\">www.ioioleo.de\u003C/a>\u003Cbr>\u003Cbr>\u003Cstrong>About KetoLipix Therapeutics GmbH\u003C/strong>\u003Cbr>KetoLipix Therapeutics GmbH (KetoLipix) was founded in 2022 as a biotech start-up with the vision to treat diseases and improve patients’ quality of life based on new therapeutic concepts. KetoLipix has established a pipeline of proprietary novel therapeutic active substances from a portfolio of several different classes of ketogenic compounds. KetoLipix aims at addressing unmet medical needs in high-priority disease areas using the innovative chemical Core Shell Technology and high-quality GMP processes.\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.ketolipix.com\">www.ketolipix.com\u003C/a>\u003C/p>\u003Cp>For more information, please contact:\u003Cbr>\u003Cstrong>KetoLipix Therapeutics GmbH\u003C/strong>\u003Cbr>Name: Dr. Dieter Nachtigall\u003Cbr>Position: Chief Operating Officer\u003Cbr>Email: \u003Ca href=\"mailto:d.nachtigall@ketolipix.com\">d.nachtigall@ketolipix.com\u003C/a>\u003C/p>","2025-02-12T00:00:00.000000Z",{"name":345,"file_name":345,"url":346},"ketolipix.png","https://www.ioigroup.com/storage/1694/ketolipix.png","2025-07-10T06:23:53.000000Z",{"meta_title":341,"meta_description":349,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOI), through our German subsidiary KetoLipix Therapeutics GmbH (KetoLipix), is leading pharmace...",{"id":351,"title":352,"source":353,"body":354,"published":9,"date":355,"image":18,"updated_at":276,"created_at":276,"metatag":356},119,"34% sustainable palm oil milestone for IOI Loders Croklaan - A European increase of RSPO certified palm oil in 2013","IOI Loders Croklaan Europe","\u003Cp>The Netherlands, Wormerveer – In 2013 IOI Loders Croklaan, one of world’s leading suppliers of sustainable palm oil, has imported and marketed 348.000 ton of sustainable palm oil in Europe. That is 34% of the total volume sold by IOI Loders Croklaan in 2013.\u003C/p>\r\n\u003Cp>Ben Vreeburg, IOI Loders Croklaan sustainability director: “For 2013 our goal was to increase the volume of certified sustainable palm oil to 30% of our European sales. We are excited to see that we have reached and even exceeded our goal, since we are very committed in stimulating the buying of certified palm oil”.\u003C/p>\r\n\r\n\r\n\u003Cp>Vreeburg: “We expect a continuous increase of RSPO certified palm oil in 2014. This is due to a growing belief that sustainable palm oil is the right thing to buy. New EU labelling legislation (2015) and a growing demand for traceable supply chains are other key factors”.\r\n\u003C/p>\r\n\r\n\u003Cp>IOI Loders Croklaan sustainable palm oil is primarily produced by its parent company, IOI Group in Malaysia, one of the founding members of the Roundtable on Sustainable Palm Oil (RSPO). This year IOI Group has reached a full RSPO certification of her mills.\r\n\u003C/p>","2014-02-17T00:00:00.000000Z",{"meta_title":352,"meta_description":357,"meta_keywords":18},"The Netherlands, Wormerveer – In 2013 IOI Loders Croklaan, one of world’s leading suppliers of sustainable palm oil, has imported and marketed 348.000...",{"id":359,"title":360,"source":353,"body":361,"published":9,"date":362,"image":18,"updated_at":276,"created_at":276,"metatag":363},120,"Global partnership for IOI Loders Croklaan and Unilever","\u003Cp>Unilever and IOI Loders Croklaan have signed a global partnership. The partnership is designed to drive efficiencies, increase capacity and quality of specialty oils and fats as well as commodity oils. At the heart of the partnership is the shared responsibility of accelerating sustainable market transformation for Palm Oil. The partnership was signed at Unilever’s Partner to Win Summit in Wembley, London (UK).\u003C/p>\r\n\u003Cp>Through this strategic agreement, IOI Loders Croklaan reinforces its commitment to support Unilever on their bold ambition to double the size of its business while reducing its environmental footprint and increasing positive social impact.\u003C/p>\r\n\u003Cp>Julian Veitch, CEO of IOI Loders Croklaan: “As a responsible partner in building a sustainable and transparent palm oil supply chain, we are committed to our Responsible Operating Principles, Sustainable Sourcing Policy and Time Bound Plan to achieve milestones and as further validation of our commitments. The next key milestone is our ability to supply 100% traceable palm oil worldwide by the end of 2014.” \u003C/p>\r\n\u003Cp>“Innovation in oils is critical and has always been in the heart of our business and remains a main enabler to drive our ambitious global growth targets. Together with Unilever we will create value of which both companies will benefit,” Veitch added.\u003C/p>","2014-10-08T00:00:00.000000Z",{"meta_title":360,"meta_description":364,"meta_keywords":18},"Unilever and IOI Loders Croklaan have signed a global partnership. The partnership is designed to drive efficiencies, increase capacity and quality of...",{"id":366,"title":367,"source":353,"body":368,"published":9,"date":369,"image":18,"updated_at":276,"created_at":276,"metatag":370},121,"1,000,000 tons of sustainable palm oil milestone for IOI Loders Croklaan Europe","\u003Cp>Ben Vreeburg, IOI   Loders Croklaan’s Sustainability Director: \"Last week we unloaded our millionth   ton of segregated (SG) RSPO certified palm oil. In Europe, we are one of the   front runners in the supply of sustainable palm oil.\"\u003Cbr />\r\n      \u003Cbr />\r\n    On 25 March 2010,   IOI Loders Croklaan was the first in Europe to ever receive a SG RSPO certified   palm oil cargo. Vreeburg: \"Over the past 1.5 years, we have seen a strong and   continuous growth, partly because of our active and stimulating policy and   production flexibility.”\u003Cbr />\r\n    \u003Cbr />\r\n    “At present we import 53% of our European palm   oil as SG RSPO certified. This corresponds to approximately 450,000 tons SG RSPO   certified palm oil. The demand for sustainable palm oil has now risen to 42% of   our total demand in the last (third) quarter,\" says Vreeburg.\u003Cbr />\r\n    \u003Cbr />\r\n    We expect a   continuous increase of RSPO certified palm oil in 2015. This is due to a growing   belief that sustainable palm oil is the only right thing to buy. Something we   fully support. New EU labelling legislation (2015) and a growing demand for   traceable supply chains are other key factors for growth.”\u003C/p>\r\n  \u003Cp> Recently,   IOI Loders Croklaan   launched its renewed Sustainable Palm Oil   Policy. For more   information, please visit: \u003C/p>\r\n  \u003Cp>\u003Ca href=\"http://europe.croklaan.com/images/static_pages/141311_Sustainable_Palm_Oil_Policy.pdf\" target=\"_blank\">http://europe.croklaan.com/images/static_pages/141311_Sustainable_Palm_Oil_Policy.pdf\u003C/a>\u003C/p>","2014-12-01T00:00:00.000000Z",{"meta_title":367,"meta_description":371,"meta_keywords":18},"Ben Vreeburg, IOI Loders Croklaan’s Sustainability Director: \"Last week we unloaded our millionth ton of segregated (SG) RSPO certified palm oil. In E...",{"id":373,"title":374,"source":353,"body":375,"published":9,"date":376,"image":18,"updated_at":276,"created_at":276,"metatag":377},122,"IOI Loders Croklaan Successfully Obtains Certification for its Sustainable Shea Supply Chain","\u003Cp>\u003Cbr />After two years of extensive cooperation with ISCC and certification body SGS Germany, IOI Loders Croklaan is the first vegetable oils & fats company to obtain ISCC certification for its shea supply chain.\u003C/p>\r\n\u003Cp>“A new milestone in our journey towards a sustainable and transparent supply chain. This third party certification is the ultimate result of all the effort we have put into sustainable shea practices in recent years. We are supporting the construction of warehouses in Ghana to improve the earnings of women collecting shea from wild growing trees. We are also one of the pioneers of the Global Shea Alliance and actively participate in their sustainability programme. Prior assessments performed by Rainforest Alliance found no major sustainability hot spots in our West African shea supply chain”, said Joost van Ginneken, Supply Chain Manager Africa at IOI Loders Croklaan.\u003C/p>\r\n\u003Cp>Shea trees grow only in Africa, in a belt stretching from Sudan to Senegal. Shea trees are not cultivated but only grow wild. Only the shea that is not locally used is sold. The shea fruits fall from the tree when ripe and are collected and dried by local women in small savannah villages. Millions of people in West Africa, especially in rural areas, depend on shea for their livelihood. Shea is most commonly used in cosmetics and food manufacturing and, to a lesser extent, a fraction derivative is partly used in bioenergy. IOI Loders Croklaan has been producing shea and its applications for over 50 years. \u003C/p>\r\n\u003Cp>Juliane Pohl, ISCC System Manager: “For this first certification of a shea supply chain, all existing requirements of the ISCC System have been implemented. Together with SGS and IOI Loders Croklaan, the specific factors were discussed and taken into account. For example, there is no land use change for shea. The traceability through the supply chain is ensured and social aspects have been discussed with NGOs. We are happy that IOI Loders Croklaan has chosen ISCC to prove the sustainability of its shea supply chain.” \u003C/p>\r\n\u003Cp>“During the audits in West Africa, I was able to verify that the shea nuts from the supplier network of IOI Loders Croklaan are collected from wild growing shea trees. Collecting shea nuts has been deeply anchored in the traditional lifestyle of female villagers for centuries. Selling the nuts which are not consumed domestically to companies like IOI Loders Croklaan is a welcome opportunity for them to earn some extra money,” according to Sven Theml, Business Development Manager Sustainability at SGS Germany.\u003C/p>","2015-09-17T00:00:00.000000Z",{"meta_title":374,"meta_description":378,"meta_keywords":18},"After two years of extensive cooperation with ISCC and certification body SGS Germany, IOI Loders Croklaan is the first vegetable oils & fats company...",{"id":380,"title":381,"source":353,"body":382,"published":9,"date":383,"image":18,"updated_at":276,"created_at":276,"metatag":384},123,"IOI Loders Croklaan Achieves 100 Percent Traceability for Its Directly-Sourced Palm Oil","\u003Cp>\u003Cem>\u003Cbr />Traceability Allows IOI Loders Croklaan to Push for Sustainable Practices at the Mill- and Plantation-Level\u003C/em>\u003C/p>\r\n\u003Cp>  IOI Loders Croklaan, a leading producer of palm-based fats and oils to the global food industry, today announced that 100 percent of its directly sourced palm oil worldwide is traceable to the mill level. Given the size and scale of IOI Loders Croklaan’s reach, this milestone will further advance sustainability and traceability within the palm industry while positively impacting the supply chains of the more than a thousand companies that purchase IOI Loders Croklaan products.\u003C/p>\r\n\u003Cp>  Directly-sourced oil constitutes 65 percent of IOI Loders Croklaan’s total volume sourced. Additionally, 84 percent of its indirectly sourced palm oil is now traceable to mill level, making IOI Loders Croklaan’s total supply 94 percent traceable to the mill level. We are working together with our third party suppliers to further increase the traceability number of the indirectly sourced palm oil up to 100 percent.\u003C/p>\r\n\u003Cp>  As of today, IOI Loders Croklaan is also importing 38% of all its sourced palm oil volumes as sustainable, Segregated RSPO (SG RSPO) certified.\u003C/p>\r\n\u003Cp>  “Traceability to mill level is key to ensuring a transparent supply chain and is a critical step in transforming the industry,” said Ben Vreeburg, sustainability director at IOI Loders Croklaan. “Once we can trace the oil back to the supplying mill, we can start working with the mill to assess if the mill and its supply base are compliant to our Sustainable Palm Oil Policy. At mill level we can use our commercial leverage and drive change, through the mill, at the plantation level – the very base of our supply chain,” stated Vreeburg.\u003C/p>\r\n\u003Cp>  Tracing palm oil to its source is the critical first step in IOI Loders Croklaan’s three-step approach to building a traceable, transparent and sustainable supply chain. After tracing the origin of the oil it sources, IOI Loders Croklaan uses remote sensing technology to analyze whether mills are operating in a low or high sensitive area. Based on this analysis the mills are prioritized for a field visit. The third step is to visit these high priority mills for an on-site mill verification to assess compliance with our sustainable palm oil policy. IOI Loders Croklaan has an in-house mill verification team and has also partnered with sustainable management experts Proforest to conduct these field visits\u003C/p>","2015-10-19T00:00:00.000000Z",{"meta_title":381,"meta_description":385,"meta_keywords":18},"Traceability Allows IOI Loders Croklaan to Push for Sustainable Practices at the Mill- and Plantation-Level IOI Loders Croklaan, a leading producer of...",{"id":387,"title":388,"source":353,"body":389,"published":9,"date":390,"image":18,"updated_at":276,"created_at":276,"metatag":391},124,"IOI Loders Croklaan nominated for a Fi Award with Creamelt® Stand","\u003Cp>\u003Cem>\u003Cbr />A  ground-breaking innovation in the confectionery spreads and soft fillings  market\u003C/em>\u003C/p>\r\n\u003Cp>\r\n  IOI Loders Croklaan, a leading producer of premium oils and fats for the  global food manufacturing industry, launches its latest innovation in the  spreads and soft fillings market Creamelt\u003Csup>®\u003C/sup> Stand. This unique  technology not only enables the production of spreads and soft fillings for  consumption in hot climates, but also enables the use of real chocolate. Creamelt\u003Csup>®\u003C/sup>  Stand has been nominated for the Fi Innovation award in the confectionery  category.\u003C/p>\r\n\u003Cp>  Until now, consumption of spreads in warmer climates faces oil  separation issues. In warm conditions spreads are not stable, resulting in an  oil layer on top of the spread which gives the product an unappealing  appearance. Creamelt\u003Csup>®\u003C/sup> Stand will prevent/reduce the oil exudation  while maintaining excellent sensorial properties. It also increases the  crystallisation speed of the spreads making higher production speeds possible.\u003C/p>\r\n\u003Cp>  Producers are also struggling to incorporate real chocolate in  confectionery spreads and soft fillings without post hardening or bloom.  Creamelt\u003Csup>®\u003C/sup> Stand provides a solution by making the spread more stable  protecting it against texture changes due to re-crystallisation.\u003C/p>\r\n\u003Cp>  “We are happy to say that – with the introduction of Creamelt\u003Csup>®\u003C/sup>  Stand – these struggles are a thing of the past,” said Roald Hulst, Sales  Director Europe at IOI Loders Croklaan. “This ground-breaking innovation will  not only give producers the opportunity to expand their geographical coverage,  but also expand their category by creating new consumer products that until now  were impossible to produce. We invite you to visit us during the Fi Europe from  1-3 December and taste our nominated product for yourself,” stated Hulst.\u003C/p>","2015-10-29T00:00:00.000000Z",{"meta_title":388,"meta_description":392,"meta_keywords":18},"A ground-breaking innovation in the confectionery spreads and soft fillings market IOI Loders Croklaan, a leading producer of premium oils and fats fo...",{"id":394,"title":395,"source":353,"body":396,"published":9,"date":397,"image":18,"updated_at":276,"created_at":276,"metatag":398},125,"IOI Loders Croklaan introduces Vitavance™ for animal nutrition","\u003Cp>\u003Cstrong>\u003Cbr />A new range of fat based ingredients for animal nutrition, increasing milk \r\n  production and overall animal vitality\u003C/strong>\u003C/p>\r\n\u003Cp>IOI Loders Croklaan, a leading producer of premium fats for the food and feed industry introduces a new product range for animal nutrition. The full feed portfolio will be \r\n  marketed under the Vitavance™ brand. This includes the brand new Vitavance™ R-range\r\nof rumen bypass fats and the Vitavance™ V-range, which focusses on supporting animal health, growth and vitality.\u003C/p>\r\n\u003Cp>Ongoing market developments – such as the removal of milk quota – have created  \r\n  demand for these new products. IOI Loders Croklaan adds extra value by offering feed producers a consistent high quality and a high degree of traceability in the palm oil \r\nsupply chain.\u003C/p>\r\n\u003Cp>“The introduction of our Vitavance™ brand and products is a logical step in our renewed strategic focus toward the feed market,” said Roald Hulst, Global Sales Director at IOI Loders Croklaan. “Our highly traceable and controlled supply chain paired with our oils & fats expertise have proven to be qualifiers for growth in this market. We are very proud that the continuous interaction with our customers has resulted in the new Vitavance™ \r\nV and R ranges.”\u003C/p>\r\n\u003Cp> \u003C/p>","2015-11-12T00:00:00.000000Z",{"meta_title":395,"meta_description":399,"meta_keywords":18},"A new range of fat based ingredients for animal nutrition, increasing milk production and overall animal vitality IOI Loders Croklaan, a leading produ...",{"id":401,"title":402,"source":403,"body":404,"published":9,"date":405,"image":18,"updated_at":276,"created_at":276,"metatag":406},126,"IOI Loders Croklaan and Kerry Group to partner on Betapol®","IOI Loders Croklaan","\u003Cp>  \u003Cstrong>IOI Loders Croklaan and Kerry Group are pleased to announce that they have reached an agreement to form a joint venture company to develop and market the nutrition lipid Betapol® business.  The parties expect to conclude agreements over the coming weeks subject to competition approval.  The equal share partnership is centered around Betapol®, a specialty lipid for infant nutrition. The new partnership will be able to reach global markets more effectively, and will stimulate joint developments to extend the Betapol® portfolio for infant nutrition, and expand into other key nutrition market segments. \u003C/strong>\u003C/p>\r\n\u003Cp>  Both partners will bring specific advantages and expertise to the joint venture: \u003C/p>\r\n\u003Cul>\r\n  \u003Cli>IOI Loders Croklaan - the creator of Betapol®, and first to introduce OPO-type fats to the market - holds over 25 years of experience in the supply of specialty lipids to the infant nutrition market, and will continue to manufacture the Betapol® product range for the joint venture. Primary production is at its state of the art enzymatic facility in Pasir Gudang, Malaysia with additional blending capability in Wormerveer, The Netherlands.  IOI Loders Croklaan will continue to manage all product logistics, and will further build upon its commitment to create a traceable and sustainable supply chain.\u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>\tKerry has over 30 years’ experience as a trusted partner to the nutrition market, with dedicated commercial and nutritional science teams delivering a broad portfolio of scientifically based nutritional products for all consumer life stages. Kerry’s €100 million investment in a new Global Technology & Innovation Centre in Ireland will provide a focal point for advancing scientific nutrition research, innovative processing technologies and market leading technology platforms.  Within the partnership, Kerry will co-develop and market Betapol®, fulfilling consumer needs and expanding into new markets.\u003C/li>\r\n\u003C/ul>\r\n\u003Cp>The newly formed joint venture will be responsible for business development and innovation. Betapol® will be integrated into Kerry’s global nutritional ingredients portfolio, backed by unparalleled global applications, marketing and sales support.\u003C/p>\r\n\u003Cp>  Julian Veitch, CEO of IOI Loders Croklaan: “There are many complementary areas and synergies between our two companies. We are delighted to partner with Kerry on this joint venture initiative. Kerry is renowned for its extensive nutritional and global market capabilities, putting its customers at the centre, and offering world-class infant nutrition innovation and solutions that are founded in science.” \u003C/p>\r\n\u003Cp>  Michael O’Neill, President of Kerry’s Nutrition Division: “IOI Loders Croklaan has a vertically integrated supply chain and is the world’s most experienced and trusted producer of OPO-type fats. Working together in this strategic partnership will deliver the same high quality ingredients with additional future product enhancement and global support.”\u003C/p>\r\n\u003Cp>\u003Cem>  For existing customers of Betapol®, it will be business as usual in the coming months. They  will continue to enjoy delivery of the same high quality nutritional lipids and an optimal level of service during the transition period.\u003C/em>\u003Cbr />\r\n\u003C/p>","2015-04-02T00:00:00.000000Z",{"meta_title":402,"meta_description":407,"meta_keywords":18},"IOI Loders Croklaan and Kerry Group are pleased to announce that they have reached an agreement to form a joint venture company to develop and market...",{"id":409,"title":410,"source":411,"body":412,"published":9,"date":413,"image":414,"updated_at":417,"created_at":276,"metatag":418},127,"Acidchem Shines in the Prime Minister’s Hibiscus Award","IOI Oleochemicals","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/ytebkpth.JPG\">\u003C/p>\u003Cp>\u003Ci>Job well done: IOI Corporation Berhad chief executive officer Dato’ Lee Yeow Chor (right) receiving the Prime Minister’s Hibiscus Award 2014-2015 award on behalf of IOI Acidchem from Dr Ahmad Zahid. Looking on are (from left) Business Council for Sustainability and Responsibility Malaysia (BCSRM) honorary president Datuk Kok Wee Kiat, Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar and Prime Minister’s Hibiscus Award organising committee chairman Tan Sri Mustafa Mansur.\u003C/i>\u003Cbr>\u003Ci> \u003C/i>\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/acidchem.jpg\" height=\"405\" width=\"609\">\u003C/p>\u003Cp>\u003Ci>IOI Oleochemical Industries Berhad Executive Director Mr Tan Kean Hua receiving the Penang State Award for IOI Acidchem (being the Best assessed company in the state).\u003C/i>\u003Cbr>\u003Ci> \u003C/i>\u003C/p>\u003Cp>IOI Acidchem Sdn Bhd, formerly known as Acidchem International Sdn Bhd, shines with its haul of recognitions at the environmental-themed Prime Minister’s Hibiscus Award ceremony. The wholly-owned subsidiary of IOI Oleochemical Industries Bhd, which belongs to the IOI Group, received the highest accolade in environment management by winning the prestigious Challenge Trophy which is presented to the overall awardee with the highest performance. The award was presented by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi on 14 December 2015. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar was also present. The Challenge Trophy has only been selectively accorded and past winners are multi-national companies and giant conglomerates in the electronics, oil and gas industries.\u003C/p>\u003Cp>IOI Acidchem has also been accorded the Excellent Achievement in Environmental Performance in the 2014/2015 Prime Minister’s Hibiscus Award and retained Penang State Award it won previously, the state awards are presented to the best awardee from participating states.\u003C/p>\u003Cp>Held biennially, the Prime Minister's Hibiscus Awards is Malaysia’s premier and most prestigious environmental awards. This award is jointly organised by the Business Council for Sustainable Development in Malaysia, Environmental Management and Research Association Malaysia, Federation of Malaysian Manufacturers and Malaysian International Chamber of Commerce and Industry. The award was supported by the Natural Resources and Environment Ministry and its Department of Environment. Eligibility extends to companies from any industrial or other sector operating within Malaysia.\u003C/p>\u003Cp>The objectives of the Award are to present an opportunity for public recognition of business and industry’s environmental accomplishment and leadership and to create environmental awareness amongst enterprise that have yet to demonstrate stewardship. Through participation in the Award, enterprises are able to identify areas for improvements, build capacity and development partnerships to meet increasingly stringent local and global environmental requirements.\u003C/p>\u003Cp>IOI Acidchem bagged the awards as a result of excellent performance in several key areas including commitment and involvement of top management, assessment and management of environmental issues, provision of environment related training, and commitment to environmental social responsibility activities. Some of the commitments demonstrated by the company include the use of green energy through solar power harvest and use of the efficient combined heat and power generation systems, employing highly efficient eco-friendly process technologies such as reactive distillation and chemical-free processes whist reducing the use of resources, waste generation and GHG emission.\u003C/p>\u003Cp>The company acknowledges the importance of not only excellent execution but one that is consistent and sustained. IOI Acidchem will continue to enhance its processes and embark on more eco-themed projects.\u003C/p>","2015-12-15T00:00:00.000000Z",{"name":415,"file_name":415,"url":416},"ytebkpth.JPG","https://www.ioigroup.com/storage/778/ytebkpth.JPG","2025-05-04T07:35:29.000000Z",{"meta_title":410,"meta_description":419,"meta_keywords":18},"Job well done: IOI Corporation Berhad chief executive officer Dato’ Lee Yeow Chor (right) receiving the Prime Minister’s Hibiscus Award 2014-2015 awar...",{"id":421,"title":422,"source":7,"body":423,"published":9,"date":424,"image":425,"updated_at":428,"created_at":429,"metatag":430},109,"IOI Appoints Tan Kean Hua As New Deputy Group CEO","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_1mr_tan_kean_hua1.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Corporation Bhd (IOI) announced the appointment of Mr Tan Kean Hua as our new Deputy Group Chief Executive Officer (CEO), effective today.\u003C/p>\u003Cp>Mr Tan has been a key member of our company since 2004. He had previously been the Executive Director of IOI Oleochemical Industries Bhd located in Prai, Penang since 2011 and has made major contributions to our growth and success.\u003C/p>\u003Cp>His leadership extends beyond our organisation, as evidenced by his past chairmanships of the ASEAN Oleochemical Manufacturers Group (AOMG) and Malaysian Oleochemical Manufacturers Group (MOMG), and his role as a board member of the Malaysian Palm Oil Board (MPOB).\u003C/p>\u003Cp>In his new capacity as Deputy Group CEO, Mr Tan will oversee all resource-based manufacturing activities within the Group including oleochemials, refineries, palm wood, Bunge Loders and joint ventures for paper pulp.\u003C/p>\u003Cp>Mr Tan holds a Master's in Executive Master of Business Administration from the University of Bath-Malaysian Institute of Management. He is also a Chartered Chemical Engineer (Fellow) by the Institution of Chemical Engineers, United Kingdom, as well as qualified as a Chartered Engineer by the Engineering Council of the United Kingdom.\u003C/p>\u003Cp>Prior to joining IOI Group in 2004, Mr Tan had held a senior marketing position in an oleochemicals multinational company.\u003C/p>\u003Cp>Let us extend our warmest congratulations to Mr Tan.\u003C/p>","2024-07-01T00:00:00.000000Z",{"name":426,"file_name":426,"url":427},"rsz_1mr_tan_kean_hua1.jpg","https://www.ioigroup.com/storage/774/rsz_1mr_tan_kean_hua1.jpg","2025-07-04T02:13:07.000000Z","2025-05-02T11:56:07.000000Z",{"meta_title":422,"meta_description":431,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Bhd (IOI) announced the appointment of Mr Tan Kean Hua as our new Deputy Group Chief Executive Officer (...",{"id":433,"title":434,"source":7,"body":435,"published":9,"date":436,"image":437,"updated_at":440,"created_at":429,"metatag":441},110,"IOI Empowers Girls Through Menstrual Education","\u003Cp>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:2420/1815;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/IMG_1479.jpg\" alt=\"\" width=\"2420\" height=\"1815\">\u003C/p>\u003Cp>Period poverty is a global community health dilemma that has long been overlooked. According to the Women, Family and Community Development Ministry, 130,000 teenage women from the lower income (B40) groups in Malaysia do not have access to hygiene products like sanitary pads due to financial constraints.\u003Cbr>\u003Cbr>IOI Corporation Berhad (IOI) is collaborating with Athena Holdings Sdn Bhd, a social enterprise that sells reusable eco-friendly sanitary products, to combat period poverty in the local and indigenous communities by conducting a \u003Cstrong>Menstrual Hygiene Management programme \u003C/strong>and\u003Cstrong> \u003C/strong>distributing eco-friendly reusable sanitary pads.\u003Cbr>\u003Cbr>The inaugural launching ceremony, held at Leepang A Regional Office Community Hall, Pahang on 6 July 2024, was attended by IOI Head of Corporate Communications Ms Karen Liew, Athena Holdings Founder Ms Anja Juliah Abu Bakar and around 30 Women and Empowerment Committee members from Leepang A Regional Office, Bukit Leelau Estate and nearby estates of IOI.\u003Cimg class=\"img-fluid\" style=\"background-color:var(--bs-body-bg);color:var(--bs-body-color);font-size:var(--bs-body-font-size);font-weight:var(--bs-body-font-weight);text-align:var(--bs-body-text-align);\" src=\"https://www.ioigroup.com/Files/news/image/for press release_2&5.jpg\" alt=\"\">\u003C/p>\u003Cp>Under the programme, 40 young girls aged 9 to 17 years old learnt about puberty, the period cycle, the female reproductive system, and good menstrual hygiene practices to prevent infections. The girls also each received an Athena Reusable Sanitary Pad kit (containing pads of different sizes), a hygienic and sustainable alternative to disposable sanitary pads. The programme successfully fostered body positivity and encouraged them to feel more confident in themselves during menstruation.\u003C/p>\u003Cp>In line with IOI’s commitment to advancing gender equality and women’s empowerment, Ms Karen Liew believed that the programme would impact positively on the rural communities by empowering these young girls with valuable knowledge on women’s reproductive health care while creating a sustainable societal change in access to environmentally friendly menstrual products. We hope to unlock doors of conversation about menstruation among young girls in rural areas and build a supportive environment for menstrual health and hygiene towards building a resilient rural community.\u003C/p>\u003Cp>\u003Cspan style=\"color:var(--bs-body-color);\">IOI will expand the reach and impact of the programme to other rural communities nearby its estates in other regions in the next pipeline.\u003C/span>\u003C/p>","2024-07-09T00:00:00.000000Z",{"name":438,"file_name":438,"url":439},"img_1479.jpg","https://www.ioigroup.com/storage/775/img_1479.jpg","2025-06-24T04:12:52.000000Z",{"meta_title":434,"meta_description":442,"meta_keywords":18},"Period poverty is a global community health dilemma that has long been overlooked. According to the Women, Family and Community Development Ministry,...",{"id":444,"title":445,"source":7,"body":446,"published":9,"date":447,"image":448,"updated_at":451,"created_at":429,"metatag":452},111,"IOI Shines At NACGSA 2023/2024 With Double Win","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:3509/3000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_dsc04744-2.jpg\" alt=\"\" width=\"3509\" height=\"3000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) achieved a double victory at the Minority Shareholders Watch Group (MSWG)’s recent National Corporate Governance & Sustainability Awards (NACGSA) 2024, held at the Mandarin Oriental Hotel in Kuala Lumpur on 26 September 2024. We were honored with two prestigious accolades during the ceremony, namely the \u003Cstrong>Overall Excellence Award 2024 (Top 10)\u003C/strong> and \u003Cstrong>Industry Excellence Award 2024 (Plantation)\u003C/strong>.\u003C/p>\u003Cp>IOI was ranked \u003Cstrong>9\u003Csup>th\u003C/sup> out of 854 public-listed companies (PLCs) in Malaysia\u003C/strong>, placing us in the Top 10 ranking among 50 honourees of the Overall Excellence Award, while the Industry Excellence Award recognises our role in raising the bar in promoting environmental, social and governance within the plantation sector. This dual recognition reflects our commitment to the highest standards of good governance and sustainable practices, underscoring our ongoing efforts in driving responsible corporate practices that create values and deliver long-term benefits for our stakeholders, while safeguarding the environment and ensuring sustainable development within the industry.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2000/1500;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_NACGSA 2024 group_picture.jpg\" alt=\"\" width=\"2000\" height=\"1500\">\u003Cfigcaption>\u003Ci>Representing IOI at the event were IOI Group Chief Financial Officer Mr Kong Kian Beng (third from right) and Head of Group Strategy Mr Amir Mohd Hafiz bin Amir Khalid (centre). (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The NACGSA honours exemplary corporate governance and sustainability based on a more comprehensive methodology endorsed by the Securities Commission Malaysia, replacing the former MSWG-ASEAN Corporate Governance Awards held since 2009. The award framework integrates three key assessments, namely the ASEAN Corporate Governance Scorecard, the Malaysian Code on Corporate Governance and the Sustainability assessment developed by Bursa Malaysia and MSWG. A key outcome from this edition was the ranking of Top 50 PLCs which scored an impressive 84% on average, setting a new benchmark for best practices among Malaysian PLCs to raise their standards continually.\u003C/p>","2024-09-27T00:00:00.000000Z",{"name":449,"file_name":449,"url":450},"rsz_dsc04744_2.jpg","https://www.ioigroup.com/storage/776/rsz_dsc04744_2.jpg","2025-07-04T02:22:18.000000Z",{"meta_title":445,"meta_description":453,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOI) achieved a double victory at the Minority Shareholders Watch Group (MSWG)’s recent National...",{"id":455,"title":456,"source":7,"body":457,"published":9,"date":458,"image":459,"updated_at":462,"created_at":463,"metatag":464},107,"IOI Corporation Berhad Launches IOI Cares In Partnership With Naluri","\u003Cp>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:3000/2000;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/rsz_dsc00167.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) is pleased to announce our partnership with Naluri in the launch of the \u003Cstrong>IOI Cares\u003C/strong>, a personalised and comprehensive employee wellness programme that fosters the wellbeing of IOI employees in all directions, and is meticulously tailored for employees’ exclusive benefit.\u003C/p>\u003Cp>Naluri, a distinguished digital health platform, offers bespoke coaching and guidance to address various aspects of wellbeing, including mental health, nutrition, fitness, and overall wellbeing. Accessible at the tip of the fingers, Naluri’s services are conveniently available for its comprehensive library of resources, personalised goal-setting tools, progress tracking features, and direct communication with experienced coaches and healthcare professionals.\u003C/p>\u003Cp>\u003Cimg class=\"img-fluid\" src=\"https://www.ioigroup.com/Files/news/image/rsz_pr_use.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003C/p>\u003Cp>The inauguration ceremony, held at IOI City Tower 2 on 24 April 2024, was officiated by the esteemed presence of prominent leaders, notably IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor, and Naluri’s Co-Founder and Chief Executive Officer, Azran Oman-Rani. As part of IOI Cares, IOI employees had the privilege to access free health screenings, comprising an emotional wellbeing assessment, body mass index, blood pressure, and basic blood tests covering HbA1C glucose and cholesterol at the launch.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1920/1080;\" src=\"https://www.ioigroup.com/Files/news/image/C02823.jpg\" alt=\"\" width=\"1920\" height=\"1080\">\u003Cfigcaption>\u003Cspan style=\"color:var(--bs-body-color);\">\u003Ci>Impactful speeches given by \u003C/i>\u003C/span>\u003Ci>Dato’ Lee and\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1920/1080;\" src=\"https://www.ioigroup.com/Files/news/image/C02832.jpg\" alt=\"\" width=\"1920\" height=\"1080\">\u003Cfigcaption>\u003Ci>Azran Oman-Rani (right). (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Cares epitomises IOI’s unwavering commitment to prioritising employee wellbeing and fostering a culture of wellness within the organisation. Dato’ Lee emphasised the importance of taking care of our wellbeing: “A healthy mind, body, and spirit fill our collective success. Let us thrive together because We care.” By partnering with Naluri, IOI aims to empower our employees with the tools and resources necessary to actively manage their health and embark on a journey towards personal and professional fulfilment.\u003C/p>","2024-04-24T00:00:00.000000Z",{"name":460,"file_name":460,"url":461},"rsz_dsc00167.jpg","https://www.ioigroup.com/storage/772/rsz_dsc00167.jpg","2025-07-04T02:17:11.000000Z","2025-05-02T11:56:06.000000Z",{"meta_title":456,"meta_description":465,"meta_keywords":18},"IOI Corporation Berhad (IOI) is pleased to announce our partnership with Naluri in the launch of the IOI Cares, a personalised and comprehensive emplo...",{"id":467,"title":468,"source":7,"body":469,"published":9,"date":470,"image":471,"updated_at":474,"created_at":463,"metatag":475},108,"IOI Inks MoU With Tetra Pak To Collect And Recycle Used Beverage Cartons In Malaysia","\u003Cfigure>\u003Cfigcaption>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:2048/1365;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/DSC00821.jpg\" alt=\"\" width=\"2048\" height=\"1365\">\u003C/figcaption>\u003Cfigure>\u003Cfigcaption style=\"box-sizing:border-box;font-size:10pt;text-align:center;\">\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003C/figure>\u003Cp>\u003Cstrong>SEGAMAT\u003C/strong>, 26 April 2024 – IOI Corporation Berhad (IOI)’s plantation business signed a Memorandum of Understanding (MoU) with Tetra Pak, the world’s leading food processing and packaging solutions company, in a strategic collaboration to achieve circularity of used beverage cartons (UBCs) in Malaysia.\u003C/p>\u003Cp>This initiative aims to strengthen the recycling and sorting of UBCs across all of our plantation’s operating units in Peninsular Malaysia and Sabah. This is a demonstration of how industry stakeholders can jointly come together to realise the ambition of mitigating landfill waste, reducing greenhouse gas emissions and fostering a culture of recycling.\u003C/p>\u003Cp>This pioneering programme in October 2022 marks the first-ever collection effort of its kind within the plantation industry. Together, IOI and Tetra Pak have undertaken a multi-faceted approach, including organising beverage carton recycling awareness programmes, integrating UBC collections into the existing recycling programme, and organising a UBC Collection Competition within our 31 plantation’s operating units across Peninsular Malaysia. The programme’s designated collection partner, KPT Recycle, plays a pivotal role in facilitating the collection process of the UBCs.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1365;\" src=\"https://www.ioigroup.com/Files/news/image/DSC00801.jpg\" alt=\"\" width=\"2048\" height=\"1365\">\u003Cfigcaption>\u003Ci>IOI Plantation Controller Mr Zakaria Arshad (second from left) and Tetra Pak Sustainability Director for ASEAN Ms Terrynz Tan (second from right) exchanging handshakes to seal the deal.\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The MoU also represents a pivotal milestone as it signifies the expansion of this programme from our plantation’s operating units in Peninsular Malaysia to Sabah, demonstrating a strategic commitment towards achieving comprehensive nationwide coverage.\u003C/p>\u003Cp>The MoU also highlights a collaborative effort to support and provide additional income opportunities to our employees through their involvement in the recycling programme.\u003C/p>\u003Cp>\u003Cstrong>IOI Chief Sustainability Officer Dr Surina Ismail\u003C/strong> said: “IOI implements the concept and practice of 7Rs of Circularity to reduce environmental impacts and dependency on natural resources as well as to meet our Net-Zero greenhouse gas emissions by 2040. This initiative with Tetra Pak aims to reduce daily food-packaging waste and optimise recycling across all our operations and businesses. We are proud to be the first plantation partner of Tetra Pak and are excited to expand our collection initiative across the shore to cover our operating units in Sabah. With this, we are not only pioneering circular solutions but also making a collective difference to our communities in preserving the environment and conserving our valuable resources.”\u003C/p>\u003Cp>\u003Cstrong>Tetra Pak Sustainability Director for ASEAN Terrynz Tan\u003C/strong> said: “This one-of-a-kind programme is significant for us. It marks a major shift from our previous collaborations, which mainly involved working with Government and schools. This partnership with IOI Plantation supports our sustainability commitment, as we work with like-minded organisations to spread awareness of the circular economy and recycling of carton packages. By streamlining the collection process for UBCs, we are not only diverting waste from landfills but also creating new opportunities for these materials to be repurposed into valuable products, contributing to a circular economy in Malaysia.”\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1365;\" src=\"https://www.ioigroup.com/Files/news/image/DSC02692.jpg\" alt=\"\" width=\"2048\" height=\"1365\">\u003Cfigcaption>\u003Ci>Congratulations and well done to 15 individual winners (left)\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1365;\" src=\"https://www.ioigroup.com/Files/news/image/DSC02749.jpg\" alt=\"\" width=\"2048\" height=\"1365\">\u003Cfigcaption>\u003Ci>and three estate winners (right) for achieving the highest number of UBC collection from March to November 2023.\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The event also witnessed the prize-giving ceremony for the winners of the UBC Collection Competition which was organised during the campaign. A total of 18,397 UBCs were collected from over 2,700 participating employees among our 31 plantation’s operating units in Peninsular Malaysia from March to November 2023. The contest format had two categories: Intra-region and Inter-region. There was a total of 15 individual winners for the Intra-region category and three estate winners for the Inter-region category.\u003C/p>","2024-04-26T00:00:00.000000Z",{"name":472,"file_name":472,"url":473},"dsc00821.jpg","https://www.ioigroup.com/storage/773/dsc00821.jpg","2025-07-04T02:19:30.000000Z",{"meta_title":468,"meta_description":476,"meta_keywords":18},"(File pic by IOI Corporation). SEGAMAT, 26 April 2024 – IOI Corporation Berhad (IOI)’s plantation business signed a Memorandum of Understanding (MoU)...",{"id":478,"title":479,"source":7,"body":480,"published":9,"date":481,"image":482,"updated_at":485,"created_at":486,"metatag":487},105,"IOI Earth Month 2024: Achieving Nature Positive Future","\u003Cfigure>\u003Cp>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:1152/648;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(37).jpg\" alt=\"\" width=\"1152\" height=\"648\">\u003C/p>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>Since 2010, IOI Corporation Berhad (IOI) has hosted IOI Earth Month annually to promote environmental stewardship and sustainability practices among the employees of IOI. We celebrated the 13\u003Csup>th\u003C/sup> edition of our \u003Cstrong>IOI Earth Month Campaign\u003C/strong> with a series of eco-related activities at our IOI headquarters throughout March. This year, we celebrated with the theme “\u003Ci>Achieving Nature Positive Future\u003C/i>” to appreciate biodiversity and conservation, as well as to amplify our efforts on water management and digitalisation of big data to combat climate change.  \u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor said: “Achieving a nature positive future requires efforts from every employee to practise responsible and efficient natural resources management. It involves rethinking the way we work, by adopting the 7Rs of circularity and regenerative agriculture practices, embracing innovation and collaborating with our supply chain partners to address our Scope 3 emissions.”\u003C/p>\u003Cp>The campaign included lunch and learn workshops on urban farming and biodiversity, upcycling glass as well as menstrual health and sustainability, which brought our employees together and inspired them to adopt environmentally-friendly habits. It culminated with the submission of short stories by our employees on their personal actions and journey towards a nature positive future.\u003C/p>\u003Cp>The Group has made significant progress in decarbonisation with our Climate Change Action initiative and set a target to achieve net zero greenhouse gas emissions by 2040. We have also aligned our Biodiversity and Ecosystem Enhancement Guidelines with the local and global environmental standards to enhance biodiversity protection, wildlife conservation and enrichment of the natural ecosystem in our operating sites, besides committed to the Science Based Target initiative’s Forest, Land and Agriculture standards to deliver our commitments based on climate science.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1920/1080;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/EH2024.jpg\" alt=\"\" width=\"1920\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Follow us on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.linkedin.com/company/ioi-corporation-berhad\">LinkedIn\u003C/a>, \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.facebook.com/IOICorporationBerhad\">Facebook\u003C/a> and \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/ioicorporation\">Instagram\u003C/a> for more updates.\u003C/p>","2024-04-01T00:00:00.000000Z",{"name":483,"file_name":483,"url":484},"eh2024.jpg","https://www.ioigroup.com/storage/770/eh2024.jpg","2025-07-01T08:01:12.000000Z","2025-05-02T11:56:05.000000Z",{"meta_title":479,"meta_description":488,"meta_keywords":18}," Since 2010, IOI Corporation Berhad (IOI) has hosted IOI Earth Month annually to promote environmental stewardship and sustainability practices among...",{"id":490,"title":491,"source":7,"body":492,"published":9,"date":493,"image":494,"updated_at":497,"created_at":486,"metatag":498},106,"NGGB Signs Shareholders’ Agreement With IOI To Form RM600 Million Pulp Production Facility","\u003Cfigure>\u003Cfigcaption>\u003Cimg class=\"image_resized img-fluid\" style=\"aspect-ratio:2460/1524;text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/Z80_0380_ed.jpg\" alt=\"\" width=\"2460\" height=\"1524\">\u003Ci>From left to right: Nextgreen IOI Pulp Sdn Bhd Director Ms Lim Kah Yee, Nextgreen Global Berhad Managing Director Dato' Lim Thiam Huat, IOI Corporation Berhad Group Managing Director & Chief Executive Dato' Lee Yeow Chor as well as Nextgreen IOI Pulp Sdn Bhd Director and IOI Corporation Berhad Head of Group Strategy Mr Amir Mohd Hafiz Bin Amir Khalid.\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>\u003Cstrong>KUALA LUMPUR\u003C/strong>, 8 April 2024 – Nextgreen Global Berhad (“NGGB” or the “Group”), a pulp and paper manufacturer, together with IOI Corporation Berhad’s (“IOI”) indirect wholly-owned subsidiary IOI Paper Pulp Sdn Bhd, announced the signing of a shareholders’ agreement (“SA”) to develop the nation’s first large scale zero-waste paper pulp plant within NGGB’s 410-acre Green Technology Park (“GTP”) which is located in Pekan, Pahang.\u003C/p>\u003Cp>This SA entails the formation of a private limited company, Nextgreen IOI Pulp Sdn Bhd (“NIP”), in which NGGB will hold a 55% stake with the remaining 45% by IOI. NIP will develop and operate a paper pulp production facility, which will have an initial capacity of 100,000 metric tonnes per annum of chemical bleached pulp made from oil palm empty fruit bunches (“EFB”) using NGGB’s patented Preconditioning Refiner Chemical-Recycle Bleached Mechanised Pulp (“PRC-RBMP”) technology.\u003C/p>\u003Cp>This phase of development will take place over the next 18 to 24 months and is expected to cost approximately RM600 million where both shareholders will combine their core business strengths to build a sustainable economic and environmentally friendly future together.\u003C/p>\u003Cp>The objective of the collaboration is to ensure that agricultural waste like EFB, a biomass by-product waste from oil palm industries which is typically unutilised, is transformed into green and sustainable products such as woodfree paper, tissue paper, premium packaging paper and pulp moulded packaging.\u003C/p>\u003Cp>NGGB Managing Director Dato’ Lim Thiam Huat said, “We are thrilled to announce our partnership with IOI. We will contribute our technical knowledge and the rights to use our patented PRC-RBMP technology to bring our vision to life. By adopting the waste-to-value concept, this bio-integrated zero waste process ensures that by- products from every part of the pulp production process is fully utilised through conversion into green products and renewable energy in a closed-loop system. This collaborative venture unifies our proactive ESG measures, contributing actively to the nation’s efforts to achieve the United Nations Sustainable Development Goals.”\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor said, “We have long regarded the utilisation of palm-based biomass for value-added applications as an important activity within the circular economy. Together with our palm wood venture utilising oil palm trunks, this joint venture will help IOI to take significant strides towards achieving our group-wide Net Zero emissions target.”\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1882/1276;\" src=\"https://www.ioigroup.com/Files/news/image/Z80_0410_ed.jpg\" alt=\"\" width=\"1882\" height=\"1276\">\u003Cfigcaption>\u003Ci>From left to right: Nextgreen IOI Pulp Sdn Bhd Director Ms Lim Kah Yee, Nextgreen Global Berhad Managing Director Dato' Lim Thiam Huat, IOI Corporation Berhad Group Managing Director & Chief Executive Dato' Lee Yeow Chor  as well as Nextgreen IOI Pulp Sdn Bhd Director and IOI Corporation Berhad Head of Group Strategy Mr Amir Mohd Hafiz Bin Amir Khalid.\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>","2024-04-08T00:00:00.000000Z",{"name":495,"file_name":495,"url":496},"z80_0380_ed.jpg","https://www.ioigroup.com/storage/771/z80_0380_ed.jpg","2025-07-04T02:14:51.000000Z",{"meta_title":491,"meta_description":499,"meta_keywords":18},"From left to right: Nextgreen IOI Pulp Sdn Bhd Director Ms Lim Kah Yee, Nextgreen Global Berhad Managing Director Dato' Lim Thiam Huat, IOI Corporatio...",{"id":501,"title":502,"source":7,"body":503,"published":9,"date":504,"image":18,"updated_at":505,"created_at":506,"metatag":507},96,"IOI Foundation Collaborates With UTAR To Organise IOI STEM Competition And Exhibition","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1152/648;\" src=\"https://www.ioigroup.com/storage/editor-images/nMGFRbkbaHhTLzkEthFD2aTPKCsoLANfKzxtQOeg.jpg\" width=\"1152\" height=\"648\">\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) collaborated with Universiti Tunku Abdul Rahman (UTAR) to host the IOI STEM Competition and Exhibition 2023 for eight schools in Johor on 21 October 2023.\u003C/p>\u003Cp>STEM is an educational programme that integrates the disciplines of science, technology, engineering and mathematics (STEM) into the school curriculum. The main objective is to nurture critical thinking skills and cultivate the creative, innovative, and analytical abilities of students, enabling them to address complex challenges. STEM plays a crucial role in equipping students with the skills and knowledge necessary to thrive in today's technology-driven world and prepares them for future employment opportunities.\u003C/p>\u003Cp>Prior to the competition, a comprehensive two-day ‘Train the Trainer’ session was conducted in April 2023, where a total of 24 educators from the eight selected schools were trained by a UTAR lecturer. Using Arduino sets and comprehensive teaching materials, the session provided a well-rounded and immersive learning experience which empowered the educators with the necessary competencies for implementing and sustaining STEM programmes in schools. \u003C/p>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:4032/3024;\" src=\"https://www.ioigroup.com/Files/news/image/Train the Trainer.jpg\" alt=\"\" width=\"4032\" height=\"3024\">\u003Cfigcaption>UTAR Associate Professor from the Faculty of Engineering & Science Ir Dr Danny Ng Wee Kiat (seated, third from right) giving a thumbs-up to his trainers after a successful Train the Trainer session.\u003C/figcaption>\u003C/figure>\u003Cp>On 21 October 2023, the IOI STEM Competition, which took place at Pei Hwa Independent High School, was officially launched by IOI Foundation Executive Director Datin Joanne Wong \u003Ci>(right in picture, below) \u003C/i>and UTAR Dean of Lee Kong Chian Faculty of Engineering & Science Ts Dr Yap Wun She \u003Ci>(left in picture, below)\u003C/i>.\u003C/p>\u003Cp>\u003Cimg class=\"img-fluid\" src=\"https://www.ioigroup.com/Files/news/image/Launching.jpg\" alt=\"\">\u003C/p>\u003Cp>The competition brought together 14 teams which consisted of 42 students (aged between 10 and 12 years old), who were accompanied by 24 teachers. The eight participating schools included SJK (C) Hwa Nan, SJKC Chian Kuo, SJK (T) Ladang Gomali, SJK (T) Ladang Sagil, SK Puteri Ledang, SK Sagil Kampong, SK Sri Tangkak, and SK Paya Mas, which are located in the Segamat and Tangkak districts of Johor.\u003C/p>\u003Cp>Each team had to identify the challenges within their respective school or community. Employing innovative thinking, the teams crafted prototypes using Arduino sets coupled with the creative use of recycled materials. These prototypes were showcased to an esteemed panel of judges and audience, which included approximately 300 students and educators from Pei Hwa Independent High School.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:4032/3024;\" src=\"https://www.ioigroup.com/Files/news/image/Sharing.jpg\" alt=\"\" width=\"4032\" height=\"3024\">\u003Cfigcaption>Students from SK Paya Mas presenting their project to Pei Hwa teacher and students.\u003C/figcaption>\u003C/figure>\u003Cp>The five distinguished panel of judges included Ts Dr Yap Wun She, Ir Dr Danny Ng Wee Kiat, Pei Hwa Independent High School educators, Mr Ng Soh Huan and Ms Lee Peh Zhi, and our IOI IOI Research Centre (Pamol) Project Senior Coordinator Dr Mohamad Harris Bin Nasir.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:6000/4000;\" src=\"https://www.ioigroup.com/Files/news/image/Evaluation by judges.jpg\" alt=\"\" width=\"6000\" height=\"4000\">\u003Cfigcaption>The panel of judges giving feedback to the participating students.\u003C/figcaption>\u003C/figure>\u003Cp>Pei Hwa Independent High School students also exhibited a booth to provide further information on the IOI STEM programme while organising a series of engaging science-related games for the participants, which not only entertained them but also educated the attendees on the underlying scientific theories.\u003C/p>\u003Cp>IOI Foundation supported the event by sponsoring RM500 to the winners. The IOI STEM Competition and Exhibition 2023 not only celebrated innovation and critical thinking but also underscored the immense potential within our educational system to prepare students for a future rich with technological opportunities.\u003C/p>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" src=\"https://www.ioigroup.com/Files/news/image/champion.jpg\" alt=\"\">\u003Cfigcaption>Congratulations to the champion - SK Sri Tangkak\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" src=\"https://www.ioigroup.com/Files/news/image/1st runner up.jpg\" alt=\"\">\u003Cfigcaption>1\u003Csup>st \u003C/sup>Runner-up: SJK (T) Ladang Sagil\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" src=\"https://www.ioigroup.com/Files/news/image/2nd runner up.jpg\" alt=\"\">\u003Cfigcaption>2\u003Csup>nd \u003C/sup>Runner-up: SJK (T) Ladang Gomali\u003C/figcaption>\u003C/figure>","2023-10-24T00:00:00.000000Z","2025-07-01T07:29:18.000000Z","2025-05-02T11:56:04.000000Z",{"meta_title":502,"meta_description":508,"meta_keywords":18}," IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) collaborated with Universiti Tunku Abdul Rahman (UTAR) to host the IOI STEM Competi...",{"id":510,"title":511,"source":7,"body":512,"published":9,"date":513,"image":514,"updated_at":518,"created_at":506,"metatag":519},97,"IOI Wins Triple At The Edge BRC Awards 2023","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2160/2160;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/The%20Edge%20BRC%20award.jpg\" alt=\"\" width=\"2160\" height=\"2160\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) proudly walked away with three prestigious accolades at The Edge Billion Ringgit Club (BRC) and Corporate Awards 2023 on Monday, 23 October 2023. We won the coveted \u003Cstrong>Best Corporate Responsibility (CR) Initiatives \u003C/strong>award\u003Cstrong> \u003C/strong>among Big Cap Companies (RM10 billion to RM40 billion market capitalisation), as well as two \u003Cstrong>Highest Growth in Profit After Tax Over Three Years \u003C/strong>awards\u003Cstrong> \u003C/strong>in both Big Cap Companies and Plantation sectors.\u003C/p>\u003Cp>These awards are an acknowledgement to our Group-wide digitalisation programmes to uplift our plantation workforce, philanthropic initiatives spearheaded by IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) to empower communities and strategic partnerships in conservation projects to protect nature. They are also attributed to our all-time high net profit of RM1.73 billion during our 2022 financial year (FY2022) and resilient profit growth from FY2019 to FY2022 despite the Covid-19 pandemic. We are deeply honoured that these achievements reflect our dedication to creating ethical values and sustainable returns for all our stakeholders.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;\" src=\"https://www.ioigroup.com/Files/news/image/8.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;\" src=\"https://www.ioigroup.com/Files/news/image/9.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;\" src=\"https://www.ioigroup.com/Files/news/image/10.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Group Chief Financial Officer Mr Kong Kian Beng received the three awards from Investment, Trade and Industry Minister Yang Berhormat Senator Tengku Datuk Seri Zafrul Abdul Aziz \u003Ci>(left picture)\u003C/i>, The Edge Media Group Publisher and Group CEO Datuk Ho Kay Tat \u003Ci>(middle picture)\u003C/i> as well as The Edge Malaysia Editor-In-Chief Kathy Fong \u003Ci>(right picture)\u003C/i>, respectively during the 14\u003Csup>th\u003C/sup> edition of the awards at Mandarin Oriental, Kuala Lumpur.\u003C/p>\u003Cp>This year, IOI was among 41 companies receiving 56 awards in total. We are also one of the 181 elite BRC members with a combined market cap of 90.4% or RM1.49 trillion on Bursa Malaysia as at end-March 2023 that have collectively made about RM145 billion and contributed a major chunk of RM42 billion in taxes to the nation in 2022. \u003C/p>","2023-10-25T00:00:00.000000Z",{"name":515,"file_name":516,"url":517},"The Edge BRC award.jpg","The-Edge-BRC-award.jpg","https://www.ioigroup.com/storage/930/The-Edge-BRC-award.jpg","2025-07-01T07:31:37.000000Z",{"meta_title":511,"meta_description":520,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) proudly walked away with three prestigious accolades at The Edge Billion Ringgit Club (BRC...",{"id":522,"title":523,"source":7,"body":524,"published":9,"date":525,"image":526,"updated_at":529,"created_at":506,"metatag":530},98,"IOI Wins Consecutive Gold At The Edge ESG Awards 2023","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1080/1080;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/Square.jpg\" alt=\"\" width=\"1080\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) secured a \u003Cstrong>Gold\u003C/strong> award in the plantation sector under the equities category for the second time at the second The Edge Malaysia ESG Awards 2023 on Monday, 6 November 2023. Our consecutive win reinforces IOI’s leadership position in the environmental, social and governance (ESG) dimension.\u003C/p>\u003Cp>IOI Group Head of Sustainability Dr Surina Ismail \u003Ci>(third from right)\u003C/i> received the accolade from Bursa Malaysia Bhd Chief Executive Officer Datuk Muhamad Umar Swift \u003Ci>(third from left)\u003C/i> during the gala dinner at Hilton Kuala Lumpur, where 48 companies including IOI received 63 awards. We thank The Edge Malaysia for this esteemed recognition which motivates us to continue our journey as a responsible corporate citizen.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;\" src=\"https://www.ioigroup.com/Files/news/image/Award pic.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>“We are honoured to receive this meaningful award. We have embodied principles of ESG long before the term became fashionable. We embrace a comprehensive and integrated strategy to decarbonise our business operations, aiming to achieve a Group-wide net-zero greenhouse gas (GHG) emissions target by 2040. Our ESG strategies encompass circularity, cutting-edge green technologies and innovation in the areas of resources optimisation, GHG reduction and energy efficiency. Recently, we have commissioned a new palm wood factory to commercially produce high-performance wood panels from the underutilised oil palm trunks,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor.\u003C/p>\u003Cp>The annual ESG Awards is hosted by The Edge Malaysia in partnership with Bursa Malaysia and FTSE Russell, with Morningstar as the knowledge partner and Deloitte as the auditor. This year’s awards advocated for more public-private collaboration to realise Malaysia’s sustainability goals. It also saw increased public-listed companies (PLCs) participation, with 356 qualified Malaysian PLCs and 69 funds contending for the equities and funds categories respectively.\u003C/p>","2023-11-08T00:00:00.000000Z",{"name":527,"file_name":527,"url":528},"Square.jpg","https://www.ioigroup.com/storage/941/Square.jpg","2025-07-01T07:32:48.000000Z",{"meta_title":523,"meta_description":531,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) secured a Gold award in the plantation sector under the equities category for the second t...",{"id":533,"title":534,"source":7,"body":535,"published":9,"date":536,"image":537,"updated_at":541,"created_at":506,"metatag":542},99,"IOI Foundation Awards RM375,000 In Scholarships To 10 Outstanding Students","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2822/2116;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/Group%20photo.jpg\" alt=\"\" width=\"2822\" height=\"2116\">\u003Cfigcaption>\u003Ci>Datin Joanne Wong (fourth from left) and Dato’ Lee Yeow Chor (fifth from right) presented the mock cheque to the scholarship recipients. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) has awarded RM375,000 in scholarships to 10 outstanding students from diverse backgrounds during a scholarship presentation ceremony held at IOI Headquarters in IOI Resort City on 20 November 2023.\u003C/p>\u003Cp>At the occasion, IOI Corporation Berhad's (IOI) Group Managing Director and Chief Executive Dato’ Lee Yeow Chor, who is also the Trustee of IOI Foundation, and the Executive Director of IOI Foundation Datin Joanne Wong took their busy time off to meet and greet the future leaders of IOI.\u003C/p>\u003Cp>Datin Joanne kicked off the ceremony with a welcome remark, followed by inspiring sharing from two internal speakers Mr Chai Tian Siang and Ms Wendy Ng respectively. The ceremony concluded with an engagement session and photography with Dato’ Lee, followed by a delightful refreshment session.\u003C/p>\u003Cp>To date, the Foundation has disbursed more than RM11.5 million worth of scholarships to more than 347 students since its introduction. The Foundation fulfils the Group’s corporate social responsibility via education, community welfare, medical assistance and the promotion of Science, Technology, Engineering & Mathematics (STEM) subjects that help enrich the lives of the less fortunate.\u003C/p>\u003Cp>Some of the Foundation’s initiatives are the Young Achievers’ Awards, Student Adoption Programme, STEM programme and collaborations with non-profit organisations such as HUMANA (Borneo Child Aid Society) in supporting the education of estate workers’ children and native children, respectively, in East Malaysia.\u003C/p>","2023-11-24T00:00:00.000000Z",{"name":538,"file_name":539,"url":540},"Group photo.jpg","Group-photo.jpg","https://www.ioigroup.com/storage/931/Group-photo.jpg","2025-07-01T07:35:20.000000Z",{"meta_title":534,"meta_description":543,"meta_keywords":18},"Datin Joanne Wong (fourth from left) and Dato’ Lee Yeow Chor (fifth from right) presented the mock cheque to the scholarship recipients. (File pic by ...",{"id":545,"title":546,"source":7,"body":547,"published":9,"date":548,"image":549,"updated_at":553,"created_at":506,"metatag":554},100,"IOI Foundation’s Social Enterprise Donates RM400,000 To 18 Beneficiaries","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2822/2116;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IMG_4762%20(1).jpg\" alt=\"\" width=\"2822\" height=\"2116\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>Bargain Basement, the social enterprise of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), contributed RM400,000 of its net proceeds to 18 beneficiaries. The corporate social responsibility initiative marked a significant milestone of nearly RM1,000,000 in Bargain Basement’s total donation to various beneficiaries since its inception in 2016.\u003C/p>\u003Cp>The event uniquely showcased the personal involvement of the founder of Bargain Basement and Executive Director of IOI Foundation, Datin Joanne Wong and her Bargain Basement champions, who are donors and customers of the social enterprise. They were encouraged to nominate deserving recipients of the philanthropic gesture, and invited to personally present the allocated proceeds to their chosen beneficiaries during a presentation ceremony at IOI City Mall on 5 December 2023.\u003C/p>\u003Cp>The 18 recipients were \u003Cspan style=\"color:var(--bs-body-color);\">Cherishlife Home, Epic Homes, Hospis Malaysia, Lifecare Community Services, Malaysian Association of Paediatric Palliative Care (MAPPAC), PAWS Animal Welfare Society, Persatuan Daybreak, Pertubuhan Amal Uncle Kentang Malaysia, Pusat Jagaan Al-Fikrah Malaysia, Rumah Charis, Sisters in Islam, SJK (C) Chen Moh, SJK (C) Tshing Nian, Society for the Prevention of Cruelty to Animals (SPCA), Society for the Severely Mentally Handicapped (SSMH), The Edge Education Foundation, The Lost Food Project, and Universiti Tunku Abdul Rahman (UTAR).\u003C/span>\u003C/p>\u003Cp>Driven by the vision to declutter and to give used items a second life, Datin Joanne had initiated Bargain Basement at IOI City Mall in Putrajaya in 2016, followed by the second shop at IOI Mall, Puchong in 2017. Bargain Basement has since thrived and two other shops have been opened at UTAR, which are currently operated by the UTAR students within the university campuses.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:4200/2800;\" src=\"https://www.ioigroup.com/Files/news/image/DSC03954 (1).jpg\" alt=\"\" width=\"4200\" height=\"2800\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Datin Joanne believes that Bargain Basement is not only a platform that serves as a form of aid to the community especially in times of great economic challenges, but a good source of purpose for the environment. She said: “Our stores are also a sustainable form of aid to the environment as we inculcate the culture of recycling, reusing, and in many cases, repairing the items that we receive.”\u003C/p>\u003Cp>Bargain Basement has been making a positive impact with its sustainable concept of selling pre-owned items, which are in a new or used condition, at affordable prices. The net proceeds are then utilised to support local charities. The corporate social responsibility initiative has led Bargain Basement to achieve a total of RM928,468 proceeds, which have been channelled to 50 beneficiaries, consisting of schools, animal shelters, orphanages, old folk homes, medical facilities, and various non-profit organisations.\u003C/p>","2023-12-05T00:00:00.000000Z",{"name":550,"file_name":551,"url":552},"IMG_4762 (1).jpg","IMG_4762-(1).jpg","https://www.ioigroup.com/storage/932/IMG_4762-(1).jpg","2025-07-01T07:36:20.000000Z",{"meta_title":546,"meta_description":555,"meta_keywords":18},"(File pic by IOI Corporation). Bargain Basement, the social enterprise of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), contribut...",{"id":557,"title":558,"source":7,"body":559,"published":9,"date":560,"image":561,"updated_at":564,"created_at":506,"metatag":565},101,"Integrity: Doing The Right Things In All Circumstances","\u003Cfigure class=\"image\">\u003Cimg style=\"aspect-ratio:1080/1080;\" src=\"https://www.ioigroup.com/storage/editor-images/k8a0kE2a7htEgJjcjGDkA1BOT9q93Tqn0bmufWND.jpg\" width=\"1080\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by\u003Cspan> \u003C/span>\u003Cspan class=\"ioi-ff-noto\">IOI\u003C/span>\u003Cspan> \u003C/span>Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) has a long tradition and a strong reputation for doing business with the utmost integrity. We continue to uphold a corporate culture with zero tolerance to corruption and bribery through our core value of integrity, on top of our anti-corruption policies and procedures that are in place.\u003C/p>\u003Cp>Our commitment to zero corruption is further strengthened by our anti-corruption framework based on the T.R.U.S.T (Top Level Commitment, Risk Assessment, Undertake Control Measures, Systematic Review, and Training & Communication) principles, issued by the Minister in the Prime Minister's Department pursuant to Section 17A of the Malaysian Anti-Corruption Commission (MACC) Act 2009.\u003C/p>\u003Cp>As part of our ongoing training and communication to create awareness and uphold a corruption-free culture, we partnered with MACC and initiated a “\u003Ci>Prevention Against Corruption and Money-Laundering\u003C/i>” forum on 4 December 2023 with around 400 participants, which included our Board of Directors, senior management team and employees from all business units and subsidiaries in Malaysia, who participated either remotely or physically.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor led by example with his top-down commitment as he emphasised: “We are dedicating ourselves towards creating a corporate culture that values accountability and adheres to the highest standards of ethical conduct.” Fundamentally, this will contribute to the greater well-being of the society.\u003C/p>\u003Cdiv class=\"row justify-content-center ioi-row\">\u003Cdiv class=\"col-12 col-md-6\">\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:4200/2800;\" src=\"https://www.ioigroup.com/Files/news/image/Risized - DSC03583.jpg\" alt=\"\" width=\"4200\" height=\"2800\">\u003Cfigcaption>\u003Ci>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor’s presence signalled a top-level commitment to integrity. (File pic by\u003Cspan> \u003C/span>\u003Cspan class=\"ioi-ff-noto\">IOI\u003C/span>\u003Cspan> \u003C/span>Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/div>\u003C/div>\u003Cp>The forum, which featured insightful talks by two distinguished speakers from MACC and a panel discussion, promoted greater understanding and exchange between the MACC and IOI on the latest developments, common offences and best practices against bribery and money laundering among our employees.\u003C/p>\u003Cdiv class=\"row justify-content-center ioi-row\">\u003Cdiv class=\"col-12 col-md-4\" style=\"text-align:center;\">\u003Cimg class=\"img-fluid image_resized\" style=\"aspect-ratio:1080/1080;width:32.05%;\" src=\"https://www.ioigroup.com/Files/news/image/Pic_3.jpg\" alt=\"\" width=\"1080\" height=\"1080\"> \u003Cimg class=\"img-fluid image_resized\" style=\"aspect-ratio:1080/1080;width:32.06%;\" src=\"https://www.ioigroup.com/Files/news/image/Pic_4.jpg\" alt=\"\" width=\"1080\" height=\"1080\"> \u003Cimg class=\"img-fluid image_resized\" style=\"aspect-ratio:1080/1080;width:32.01%;\" src=\"https://www.ioigroup.com/Files/news/image/WhatsApp Image 2023-12-07 at 3.02.48 PM.jpeg\" alt=\"\" width=\"1080\" height=\"1080\">\u003C/div>\u003C/div>\u003Cp style=\"text-align:center;\">\u003Ci>\u003Cspan style=\"font-size:10pt;\">The event was packed with enlightening sharings by MACC Senior Assistant Commissioner who heads the Private Sector Branch, Community Education Division Tuan Mohd Hasraff Bin Hashim (left), IOI Corporate Legal Assistant General Manager Mr Jong Kai Loon (middle) and MACC Senior Assistant Commissioner who heads the Anti-Money Laundering Branch, Anti-Money Laundering Division Tuan Asrul Ridzuan Bin Ahmad Rustami (right). (File pic by \u003C/span>\u003Cspan class=\"ioi-ff-noto\" style=\"font-size:10pt;\">IOI\u003C/span>\u003Cspan style=\"font-size:10pt;\"> Corporation).\u003C/span>\u003C/i>\u003C/p>\u003Cp>The insightful forum also increased the awareness among respective stakeholders in relation to corruption and money laundering. More importantly, it ensured that everyone in IOI understands our stance on bribery, and the need to maintain ethical business practices as well as abide by our integrity core value of doing the right things in all circumstances.\u003C/p>","2023-12-06T00:00:00.000000Z",{"name":562,"file_name":562,"url":563},"cover.jpg","https://www.ioigroup.com/storage/767/cover.jpg","2025-07-01T07:45:10.000000Z",{"meta_title":558,"meta_description":566,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) has a long tradition and a strong reputation for doing business with the utmost integrity....",{"id":568,"title":569,"source":7,"body":570,"published":9,"date":571,"image":572,"updated_at":576,"created_at":506,"metatag":577},102,"IOI Inks Partnership With UMW To Cut GHG Emissions Through 16-Year Biogas Engines Maintenance","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI%20Sabah%20Mills-UMW.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI)’s plantation business signed a long-term service agreement (LTSA) with UMW Group’s wholly owned subsidiary, UMW Industrial Power Services Sdn Bhd (UIPS) on 6 December 2023 for the maintenance of seven Jenbacher biogas engines installed at our seven palm oil mills in Lahad Datu and Sandakan, Sabah for a duration of 16 years.\u003C/p>\u003Cp>The seven Jenbacher biogas engines have a total power generation capacity of 5,523kW. The power generated will be utilised for the operations at our palm oil mills, living quarters as well as for auxiliary usage. IOI’s strategic LTSA with UIPS will ensure the optimal performance and longevity of our biogas engines as we progressively move forward to achieve our net zero greenhouse gas emissions for Scope 1, 2 and 3 by 2040.\u003C/p>\u003Cp>The LTSA will cover maintenance services and engine block replacement. The scheduled maintenance is aimed at achieving an optimum capacity of 7,000 operating hours annually and providing a remarkable power conversion rate of up to 48.7% to maximise resource efficiency for our operating units, while reducing our CO\u003Csub>2\u003C/sub> emissions and carbon footprint.\u003C/p>\u003Cp>The signing ceremony was held in Sandakan, Sabah. Seven LTSAs were signed with Ladang Sabah Mill, Pamol Sabah Mill, Mayvin Mill, Morisem Mill, Leepang Mill, Syarimo Mill and Unico Desa Mill, respectively and collectively under our wholly-owned IOI Plantation Services Sdn Bhd, which currently operates 10 mills in Sabah.\u003C/p>","2023-12-07T00:00:00.000000Z",{"name":573,"file_name":574,"url":575},"IOI Sabah Mills-UMW.jpg","IOI-Sabah-Mills-UMW.jpg","https://www.ioigroup.com/storage/933/IOI-Sabah-Mills-UMW.jpg","2025-07-01T07:48:02.000000Z",{"meta_title":569,"meta_description":578,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI)’s plantation business signed a long-term service agreement (LTSA) with UMW Group’s wholly...",{"id":580,"title":581,"source":7,"body":582,"published":9,"date":583,"image":584,"updated_at":587,"created_at":506,"metatag":588},103,"Innovation Takes Centrestage At IOI","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1080/1080;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/P1.jpg\" alt=\"\" width=\"1080\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>Everyone’s a winner at IOI Corporation Berhad’s (IOI) second \u003Cstrong>IOI Innovation Convention 2024\u003C/strong>, which was held at IOI Headquarters on 24 January 2024. A total of 12 Group-wide teams from our corporate, plantation and resource-based manufacturing divisions spanning across Malaysia, Indonesia and Germany showcased their brightest and most innovative projects to an audience of 150 employees over a hybrid platform.\u003C/p>\u003Cp>Following the success of our inaugural Innovation Convention 2022 held two years ago, this year’s event witnessed an elevated display of forward-thinking creativity and incredible team effort that emphasise our ‘Innovation’ core value.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor and our two Board of Director judges, Dato’ Kong Sooi Lin and Dr Nesadurai Kalanithi, had a hard time deciding on the winners. Dato’ Lee said: “With innovation, we are not only solving our business challenges today, but also shaping the future of our industry. We hope to see more innovative ideas from our people, not only for better savings and work processes, but also to gain from the added values in other aspects, such as carbon emission reduction, brand reputation and employee retention.”\u003C/p>\u003Cp>Congratulations to the innovative upstream and downstream winners, and well done to all the teams who participated. We look forward to greater innovative ideas from IOI!\u003C/p>","2024-01-26T00:00:00.000000Z",{"name":585,"file_name":585,"url":586},"p1.jpg","https://www.ioigroup.com/storage/768/p1.jpg","2025-07-01T07:48:59.000000Z",{"meta_title":581,"meta_description":589,"meta_keywords":18},"(File pic by IOI Corporation). Everyone’s a winner at IOI Corporation Berhad’s (IOI) second IOI Innovation Convention 2024, which was held at IOI Head...",{"id":591,"title":592,"source":7,"body":593,"published":9,"date":594,"image":595,"updated_at":598,"created_at":506,"metatag":599},104,"IWD 2024: Inspiring Inclusion And Empowering Women In IOI","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1080/1080;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IWD2024_1.jpg\" alt=\"\" width=\"1080\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>Since 2020, IOI Corporation Berhad (IOI) has been celebrating International Women’s Day (IWD) to acknowledge women’s social, economic, scientific and political achievements. This year, on 8 March 2024, we continue to celebrate the accomplishments of our women and emphasise the need for inclusivity and empowerment under the IWD’s global theme of \u003Ci>\u003Cstrong>Inspire Inclusion\u003C/strong>\u003C/i> at the Group-wide IWD celebration at IOI headquarters.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor gave a call of reminder on the importance of inclusion and diversity, which was echoed by our Independent Non-Executive Director Dato’ Kong Sooi Lin, who was present among an audience of over 100 employees at the hybrid celebration.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;\" src=\"https://www.ioigroup.com/Files/news/image/IWD 2024_2.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Dato’ Lee said: “Inclusion and diversity should not be just buzzwords but essential values that should enable us to create an environment where women from different segments of the society are valued and respected.” Inclusion begins with embracing the diversity that an individual brings to the table. With the participation of everyone, an inclusive environment can be created where every voice is heard, every perspective is valued, and every contribution is recognised.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;\" src=\"https://www.ioigroup.com/Files/news/image/IWD 2024_3.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>Dato’ Kong said: “We women, more than anyone else, know how difficult it is to achieve gender equality. We need to create an inclusive environment where the strength in numbers and voices mean women will be more likely to be heard, be more empowered and be on an equal platform.”\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The \u003Ci>\u003Cstrong>Inspire Inclusion\u003C/strong>\u003C/i> theme resonates with our commitment to promoting a culture of openness and understanding, and cultivating a drive towards gender equality. In line with IOI’s commitment to promote inclusion, we launched the expansion of our existing Women and Empowerment Committee at the plantation level to include the Group-level. This will enable us to advance gender equality and foster inclusion by creating more opportunities for women to thrive as well as empowering women to uplift their voices and achieve their full potential.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2048/1366;\" src=\"https://www.ioigroup.com/Files/news/image/IWD 2024_4.jpg\" alt=\"\" width=\"2048\" height=\"1366\">\u003Cfigcaption>\u003Ci>From left to right: Moderator IOI Chief Sustainability Officer Dr Surina Ismail, IOI Company Secretary Mr Vincent Tan, Assistant Representative of the United Nations Population Fund Tengku Aira Tengku Razif, IOI Oleochemicals Sdn Bhd Assistant General Manager Irin DeCruz and IOI Plantation Services Sdn Bhd Senior Sustainability Manager (Plantation) Mr Agos Bin Atan at the IWD 2024 panel discussion.\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Apart from a video presentation of our Group-wide IWD celebrations and an online game, a physical panel discussion was held, which served as an enlightening and thought-provoking dialogue on the challenges of women’s inclusion, the misconceptions of people towards gender diversity, the societal changes that are needed to change the mindsets of gender parity, and more.\u003C/p>\u003Cp>The journey of inclusivity and empowerment requires the commitment of everyone, and we are not stopping our efforts to bridge the gender gap as we persist in exposing the gaps that exist, and raising awareness about the injustice, discrimination and other issues related to women.\u003C/p>","2024-03-08T00:00:00.000000Z",{"name":596,"file_name":596,"url":597},"iwd2024_1.jpg","https://www.ioigroup.com/storage/769/iwd2024_1.jpg","2025-07-01T07:50:40.000000Z",{"meta_title":592,"meta_description":600,"meta_keywords":18},"(File pic by IOI Corporation). Since 2020, IOI Corporation Berhad (IOI) has been celebrating International Women’s Day (IWD) to acknowledge women’s so...",{"id":602,"title":603,"source":7,"body":604,"published":9,"date":605,"image":606,"updated_at":610,"created_at":611,"metatag":612},90,"Notice of Scam and Fraud on Facebook","\u003Cp>\u003Cimg class=\"img-fluid\" style=\"-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(33, 37, 41);font-family:Roboto, Arial;font-size:16px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;height:auto;letter-spacing:normal;max-width:100%;orphans:2;text-align:center;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;vertical-align:middle;white-space:normal;widows:2;word-spacing:0px;\" src=\"https://www.ioigroup.com/Files/news/image/IOI%20Group.jpg\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>It has come to the attention of \u003Cstrong>IOI Corporation Berhad (IOI)\u003C/strong> that unauthorised individuals or organisations are falsely using our IOI identity (such as misusing our company’s name, logo, senior management officers’ names and positions, etc.) in attempts to defraud members of the public via any unsolicited telecommunication or other unsolicited communications purportedly originating from, or implying an affiliation with IOI or any of our subsidiaries within our IOI Group of Companies.\u003C/p>\u003Cp>Our name and logo are authorised trademarks of IOI, and we are aware of some unauthorised schemes by way of fake websites, scam mails, notices, emails, faxes, SMS (short message service), social media platforms (Facebook, Instagram, Whatsapp, Twitter, etc.) that are being circulated by certain parties without the authorisation of IOI.\u003C/p>\u003Cp>\u003Cimg class=\"img-fluid\" style=\"-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(33, 37, 41);font-family:Roboto, Arial;font-size:16px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;height:auto;letter-spacing:normal;max-width:100%;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;vertical-align:middle;white-space:normal;widows:2;word-spacing:0px;\" src=\"https://www.ioigroup.com/Files/news/image/ioi_scam_fraud.jpg\">\u003C/p>\u003Cp>Currently, we have presence on \u003Cstrong>four (4)\u003C/strong> social media platforms, which are \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.linkedin.com/company/ioi-corporation-berhad/\">LinkedIn\u003C/a>, \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/ioicorporation/\">Instagram\u003C/a>, \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.youtube.com/@ioicorporationbhd\">YouTube\u003C/a> and \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.facebook.com/IOICorporationBerhad/\">Facebook\u003C/a> alongside our \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.ioigroup.com/\">corporate website\u003C/a>.\u003C/p>\u003Cp>We would like to strongly reiterate that we take all information regarding suspicious or fraudulent activities very seriously. Please note that any offer, benefit, content or instruction that is presented in misleading forms of communications impersonating IOI does not represent our organisation. We urge members of the public to be cautious and vigilant, and not fall victim to such scams. IOI does not call, email or text to ask you to divulge your personal or financial information. If any such entity fraudulently representing IOI Corporation Berhad or any of our subsidiaries within our IOI Group of Companies approaches you, refrain from responding to them or sharing any of your personal or financial information.\u003C/p>","2023-06-13T00:00:00.000000Z",{"name":607,"file_name":608,"url":609},"IOI Group.jpg","IOI-Group.jpg","https://www.ioigroup.com/storage/943/IOI-Group.jpg","2025-07-01T07:12:10.000000Z","2025-05-02T11:56:03.000000Z",{"meta_title":603,"meta_description":613,"meta_keywords":18}," It has come to the attention of IOI Corporation Berhad (IOI) that unauthorised individuals or organisations are falsely using our IOI identity (such...",{"id":615,"title":616,"source":7,"body":617,"published":9,"date":618,"image":619,"updated_at":623,"created_at":611,"metatag":624},91,"IOI Bags 2023 AIBP ASEAN Innovation Award","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1080/1080;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/AIBP%20Award_1.jpg\" alt=\"\" width=\"1080\" height=\"1080\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) won the 2023 AIBP ASEAN Enterprise Innovation Award for nurturing a future-forward supply chain ecosystem through ONE IOI Integrated Platform (ONE IOI) with Robotic Process Automation, mechanisation and other novel technologies.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1200/900;\" src=\"https://www.ioigroup.com/Files/news/image/AIBP Award_2.jpg\" alt=\"\" width=\"1200\" height=\"900\">\u003Cfigcaption>\u003Ci>IOI Group Chief Financial Officer Mr Kong Kian Beng (middle) receiving the award from one of the panel judges, CyberSecurity Malaysia Chief Executive Officer Dato' Ts. Dr Haji Amirudin Abdul Wahab (second from left), witnessed by MIGHT President and CEO Datuk Dr Mohd Yusoff Sulaiman (second from right) and IOI Head of Business Systems and IT Mr Alvin Lee (right).\u003C/i>\u003Cspan style=\"color:var(--bs-body-color);\"> \u003C/span>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>Since 2018, we have progressively implemented the Group-wide SAP system to streamline our diverse and stand-alone systems into the ONE IOI. To date, all our 103 plantation operating units are fully integrated with the SAP system as well as the electronic plantation monitoring system, while 90% of the operating units have implemented the e-wallet salary crediting system. The system not only reduces manual processes but also fully integrates corporate information for instant decision-making and analytics, enhancing our operational efficiency and creating a widespread impact across the value chain.\u003C/p>\u003Cp>We received the award at the physical AIBP Conference & Exhibitions on 4 July 2023 in Kuala Lumpur. Hosted across five Southeast Asian countries since 2014, the 8th edition is endorsed by three ministries namely Communications & Digital, Investment, Trade & Industry and Science, Technology & Innovation, as well as the Malaysian Industry-Government Group for High Technology (MIGHT).\u003C/p>\u003Cp>“We are honoured to receive this meaningful award and we firmly believe that digitalisation, automation and novel technologies have enabled us to execute our strategies more effectively and modernise our business so that we can remain competitive and excel in the digital era. We will continue expanding the system with greater emphasis on traceability and connectivity,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor.\u003C/p>\u003Cp>The organiser, AIBP has been the most comprehensive platforms among the regional enterprise and technology ecosystem targeting innovation and digital growth. Since 2017, the Enterprise Innovation Awards provide recognition to two enterprises in Malaysia annually for their exceptional digital transformation initiatives.\u003C/p>","2023-07-05T00:00:00.000000Z",{"name":620,"file_name":621,"url":622},"AIBP Award_1.jpg","AIBP-Award_1.jpg","https://www.ioigroup.com/storage/928/AIBP-Award_1.jpg","2025-07-01T07:13:39.000000Z",{"meta_title":616,"meta_description":625,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) won the 2023 AIBP ASEAN Enterprise Innovation Award for nurturing a future-forward supply...",{"id":627,"title":628,"source":7,"body":629,"published":9,"date":630,"image":631,"updated_at":611,"created_at":611,"metatag":634},92,"IOI Clinched Three Employee Experience Awards 2023 – Malaysia","\u003Cdiv class=\"row justify-content-center ioi-row\">\r\n\u003Cdiv class=\"col-12 col-md-4\">\r\n\u003Cfigure class=\"image\">\u003Cimg src=\"https://www.ioigroup.com/Files/news/image/IOI_EXA2023_1.jpg\" width=\"3000\" height=\"4000\" class=\"img-fluid\" alt=\"\" />\r\n\u003Cfigcaption>\u003Cem style=\"text-align: justify; font-size: 10pt; background-color: var(--bs-body-bg); color: var(--bs-body-color); font-weight: var(--bs-body-font-weight);\">(File pic by IOI Corporation).\u003C/em>\u003C/figcaption>\r\n\u003C/figure>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003C/p>\r\n\u003Cp>IOI Corporation Berhad (IOI) received three coveted awards at the third Employee Experience Awards (EXA) in Malaysia for exemplifying leadership coaching and employee learning. We won gold in Best Executive Coaching Programme, in addition to clinching two silver awards in Best Succession Planning Strategy and Best Soft Skills Training Programme respectively.\u003C/p>\r\n\u003Cdiv class=\"row justify-content-center ioi-row\">\r\n\u003Cdiv class=\"col-12 col-md-6\">\r\n\u003Cfigure class=\"image\">\u003Cimg src=\"https://www.ioigroup.com/Files/news/image/IOI_EXA2023_2.jpg\" class=\"img-fluid\" alt=\"\" />\r\n\u003Cfigcaption>\u003Cem style=\"text-align: justify; font-size: 10pt; background-color: var(--bs-body-bg); color: var(--bs-body-color); font-weight: var(--bs-body-font-weight);\">IOI Head of Human Resource Molly Tam (second from left) receiving one of the three awards during the award gala night at Le Méridien Petaling Jaya on 13 July 2023.\u003C/em>\u003C/figcaption>\r\n\u003C/figure>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003C/p>\r\n\u003Cp>Our unique employee-centric development approach fosters collaboration, communication and personalised learning experiences to form a holistic learning and development foundation. We provide our internal leaders with executive coaches to instil progressive leadership qualities such as strategic thinking and empathy. All these have resulted in better job satisfaction and experience for our workforce, leading to enhanced organisational productivity.\u003C/p>\r\n\u003Cp>The Employee Experience Awards is the only peer-reviewed human resource (HR) awards which are evaluated by a jury of accomplished HR professionals across Asia. We are incredibly honoured to be recognised and would like to thank the organiser, Human Resource Online for this opportunity to gauge our internal benchmarks on employee experience.\u003C/p>\r\n\u003Cp>Lastly, we would like to thank our leadership team and employees, who have been the driving force behind this remarkable success. Our HR department in particular, deserves special recognition for its exceptional dedication in building a culture of continuous learning and improvement in IOI.\u003C/p>\r\n\u003Cp>Congratulations and well done!\u003C/p>","2023-07-18T00:00:00.000000Z",{"name":632,"file_name":632,"url":633},"ioi_exa2023_2.jpg","https://www.ioigroup.com/storage/766/ioi_exa2023_2.jpg",{"meta_title":628,"meta_description":635,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) received three coveted awards at the third Employee Experience Awards (EXA) in Malaysia fo...",{"id":637,"title":638,"source":7,"body":639,"published":9,"date":640,"image":641,"updated_at":644,"created_at":611,"metatag":645},93,"IOI Leads Bursa Malaysia’s Corporate Sustainability & ESG Practices Workshop","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2800/2100;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_Bursa_Sustainability_9.jpg\" alt=\"\" width=\"2800\" height=\"2100\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigcaption> \u003C/figcaption>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil company, is proud to be one of the Programme Champions in Bursa Malaysia’s Public Listed Companies (PLC) Transformation Programmes. Following the successful wrap-up of our \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.youtube.com/watch?v=AYCJV5LibMk\">first webinar\u003C/a> under this programme, we continued our active participation with a second workshop titled ‘Exploring Corporate Sustainability & ESG (Environmental, Social, and Governance) Practices’, at Bursa Malaysia, Kuala Lumpur on 26 July 2023\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2800/2100;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_Bursa_Sustainability_2.jpg\" alt=\"\" width=\"2800\" height=\"2100\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2800/2100;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_Bursa_Sustainability_3.jpg\" alt=\"\" width=\"2800\" height=\"2100\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>IOI Group Head of Sustainability Dr Surina Ismail shared key topics pertaining to ESG that are shaping the business landscape today, including corporate sustainability and ESG, initial understanding and clarifications, sustainability and governance in ESG, integration of social practices as well as climate change and biodiversity, and reporting on ESG.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2800/2100;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_Bursa_Sustainability_4.jpg\" alt=\"\" width=\"2800\" height=\"2100\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:2800/2100;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_Bursa_Sustainability_7.jpg\" alt=\"\" width=\"2800\" height=\"2100\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>More than 70 participants, ranging from experts from major plantation organisations to other stakeholders from other industries such as energy, construction, telecommunication, investment and many more, were present for the interactive and productive workshop.\u003C/p>\u003Cp>Check us out on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/p/CvMESgApqWD/?img_index=1\">Instagram\u003C/a> for more pictures.\u003C/p>","2023-07-27T00:00:00.000000Z",{"name":642,"file_name":642,"url":643},"IOI_Bursa_Sustainability_9.jpg","https://www.ioigroup.com/storage/942/IOI_Bursa_Sustainability_9.jpg","2025-07-01T07:21:51.000000Z",{"meta_title":638,"meta_description":646,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil company, is proud to be one of the P...",{"id":648,"title":649,"source":7,"body":650,"published":9,"date":640,"image":651,"updated_at":655,"created_at":611,"metatag":656},94,"IOI Recognised As Company Of The Year At Sustainability And CSR Malaysia Awards","\u003Cfigure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1280/960;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_CSR%20Award1.jpg\" alt=\"\" width=\"1280\" height=\"960\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure>\u003Cp> \u003C/p>\u003C/figure>\u003C/figure>\u003Cp>IOI Corporation Berhad (IOI) was recognised as the Company of the Year (Best in Green, Education and Social Initiatives) under the Conglomerate – Plantation category at the Sustainability and CSR Malaysia Awards 2023, which was held in Kuala Lumpur on 26 July 2023.\u003C/p>\u003Cp>The award was given in recognition of IOI’s aspiration to drive positive socio-economic development, biodiversity and wildlife protection, as well as our commitment to share prosperity with the community through our corporate social responsibility (CSR) and philanthropic programmes that were undertaken by our Yayasan Tan Sri Lee Shin Cheng.\u003C/p>\u003Cfigure>\u003Cfigure class=\"image\">\u003Cimg class=\"img-fluid\" style=\"aspect-ratio:1920/1080;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_CSR Award2.jpg\" alt=\"\" width=\"1920\" height=\"1080\">\u003Cfigcaption>\u003Ci>IOI Group Head of Sustainability Dr Surina Ismail (second from right) received the prestigious accolade from Minister of Women, Family and Community Development Yang Berhormat Dato’ Sri Hajah Nancy Binti Haji Shukri (second from left), witnessed by Chairman of CSR Malaysia Dato’ R. Rajendran (left) and Managing Editor and Co-Chairman of CSR Malaysia Mr Lee Seng Chee (right). (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003C/figure>\u003Cp>The annual event that recognises and celebrates outstanding CSR achievements of inspiring corporations for their heartwarming and impactful initiatives, is jointly organised by the CSR Malaysia publication and the Malaysian Welfare Society for Corporate Sustainability and Responsibility. It has the full support of the Women, Family and Community Development Ministry.\u003C/p>\u003Cp>“We are truly honoured to receive this acknowledgement. We are driven by the belief that IOI has a fundamental responsibility to empower our communities, especially the marginalised groups, and preserve the environment. This award certainly motivates us to continue pushing boundaries and embracing innovation in pursuing more meaningful CSR initiatives towards a sustainable future for all,” said Dr Surina.\u003C/p>",{"name":652,"file_name":653,"url":654},"IOI_CSR Award1.jpg","IOI_CSR-Award1.jpg","https://www.ioigroup.com/storage/929/IOI_CSR-Award1.jpg","2025-07-01T07:19:08.000000Z",{"meta_title":649,"meta_description":657,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) was recognised as the Company of the Year (Best in Green, Education and Social Initiatives...",{"id":659,"title":660,"source":7,"body":661,"published":9,"date":662,"image":663,"updated_at":666,"created_at":667,"metatag":668},86,"Inaugural Panel Discussion On IOI’s Pathway To Net-Zero","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1325/1540;text-align:center;\" src=\"https://www.ioigroup.com/Files/News/image/Screenshot_20230321_154926_Outlook.jpg\" alt=\"\" width=\"1325\" height=\"1540\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) introduced our Group-wide Climate Change Action (CCA) Initiative in 2019 and last year, we set a Group-wide target to achieve net-zero greenhouse gas (GHG) emissions by 2040. Since then, we have progressively reduced our carbon footprint, mitigated and adapted the activities within our operations and supply chain to achieve net-zero emissions for Scope 1, 2 and 3 by 2040.\u003C/p>\u003Cp>In line with our green mission and in conjunction with IOI Earth Month 2023 campaign, we organised an inaugural \u003Ci>Panel Discussion on IOI’s Pathway to Net-Zero\u003C/i> on 21 March 2023.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor said in his welcoming remarks: “I believe we can all do more on climate change action through innovation as well as improved efficiency in our processes and systems throughout our operations and supply chain. We would like to collaborate more with our valued partners and stakeholders to further reduce the occurrence of Scope 3 emissions and achieve net-zero emissions by the year 2040.”\u003C/p>\u003Cp>Dato’ Lee also announced IOI’s formal commitment to the \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://sciencebasedtargets.org/companies-taking-action#dashboard\">Science Based Target initiative – in the category of Forest, Land and Agriculture (SBTi-FLAG)\u003C/a>. Under this initiative, we will commit to zero deforestation and develop verifiable science-based emission reduction targets in line with the latest climate science.\u003C/p>\u003Cp>The panel discussion was moderated by Director of Global Environment Centre (GEC) Faizal Parish, who has been a valued partner in our sustainability journey since 2016. He said: “IOI is embarking on a bold but necessary net-zero pathway. This discussion is extremely timely as it met with the release of the latest Intergovernmental Panel on Climate Change (IPCC) report, which underscores the urgency of taking more ambitious action to secure a liveable future for all.”\u003C/p>\u003Cp>More than 100 internal and external stakeholders attended the event both physically and virtually. Five panellists with leadership roles in IOI discussed aspects, steps and potentials related to IOI’s initiatives in addressing climate change, which calls for consolidated measures to further optimise our resources and operational efficiencies, increase palm oil yield, diversify our downstream segments, as well as invest in climate innovations and technologies, towards a circular and sustainable pathway for IOI, as we journey towards net-zero by 2040.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1351/763;text-align:center;\" src=\"https://www.ioigroup.com/Files/News/image/Screenshot%202023-03-22%20170659.jpg\" alt=\"\" width=\"1351\" height=\"763\">\u003Cfigcaption>\u003Ci>(Picture on top left: from left to right) The moderator Faizal Parish with the five panellists, namely IOI Group Head of Sustainability Dr Surina Ismail, IOI Palm Wood CEO Hans Peter Fitch, IOI Head of Group Strategy Amir Mohd Hafiz, (picture on top right) IOI Oleochemical Head of Research and Sustainability Choong Wai Tuck, and (picture at bottom) IOI Edible Oils General Manager Shyam Lakshmanan. (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Check us out on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/p/CqDByofpZ6R/\">Instagram\u003C/a> for more behind-the-scenes shots or tune into our webinar in podcast style on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.youtube.com/watch?v=WL9og7Cyo-c\">YouTube\u003C/a>.\u003C/p>","2023-03-22T00:00:00.000000Z",{"name":664,"file_name":664,"url":665},"screenshot_20230321_154926_outlook.jpg","https://www.ioigroup.com/storage/761/screenshot_20230321_154926_outlook.jpg","2025-07-01T07:04:14.000000Z","2025-05-02T11:56:02.000000Z",{"meta_title":660,"meta_description":669,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) introduced our Group-wide Climate Change Action (CCA) Initiative in 2019 and last year, we...",{"id":671,"title":672,"source":7,"body":673,"published":9,"date":674,"image":675,"updated_at":677,"created_at":667,"metatag":678},87,"IOI Earth Month 2023: Protecting Our Future Together","\u003Cp>\u003Cimg class=\"image_resized\" style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(37).jpg\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad has always been a strong advocator in promoting climate actions. We have continuously supported the global Earth Hour movement since 2009 and designated the month of March every year for IOI Earth Month campaign. To reinforce our corporate commitment, we also spearheaded IOI Climate Change Action initiative (\"CCAi\") in 2019 and set a Group-wide target to achieve net-zero greenhouse gas emission by 2040.\u003C/p>\u003Cp>Currently in its 12th edition, this year’s IOI Earth Month campaign themed \u003Ci>“Protecting Our Future Together”\u003C/i>, calls for collective action across all levels in the Group to dedicate our time and energy to tackling the climate crisis and protecting Mother Nature for our future generations.\u003C/p>\u003Cp>In line with the above, we organised a series of eco-activities for the IOI family to come together and participate throughout the month, such as a meatless cook-off challenge, a two-minute station game on IOI’s UN SDG commitment, a panel discussion on \u003Ci>“IOI’s Pathway To Net Zero”\u003C/i> and a recurring swap project. These activities had been designed to promote a zero-waste culture and encourage the participants to instil a sustainable lifestyle.\u003C/p>\u003Cp>“We are excited to inspire and empower our people to make a real impact in mitigating climate change,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor. “Beyond the campaign, I believe we can continue to adopt good habits to reduce our personal carbon footprint. No matter how small a step, it makes a difference as long as we are taking the lead towards a greener lifestyle.”\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:960/540;text-align:center;\" src=\"https://www.ioigroup.com/Files/News/image/EM%202023%20Collage.jpg\" alt=\"\" width=\"960\" height=\"540\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Follow us on our \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.linkedin.com/company/ioi-corporation-berhad/\">LinkedIn\u003C/a> and \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/ioicorporation/\">Instagram\u003C/a> for more updates.\u003C/p>","2023-04-03T00:00:00.000000Z",{"name":239,"file_name":239,"url":676},"https://www.ioigroup.com/storage/762/ioi_group37.jpg","2025-07-01T07:05:40.000000Z",{"meta_title":672,"meta_description":679,"meta_keywords":18}," IOI Corporation Berhad has always been a strong advocator in promoting climate actions. We have continuously supported the global Earth Hour movement...",{"id":681,"title":682,"source":7,"body":683,"published":9,"date":684,"image":685,"updated_at":688,"created_at":667,"metatag":689},88,"IOI Welcomes Delegation From Fujian Province","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:750/500;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Welcomes-Delegation-from-Fujian-Province.jpg\" alt=\"\" width=\"750\" height=\"500\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) and IOI Properties Group Berhad (IOIPG), hosted a group of distinguished guests from the Fujian Province, People’s Republic of China to our headquarters in IOI Resort City, Putrajaya on 12 May 2023.\u003C/p>\u003Cp>The 30-member delegation was led by the Secretary of Fujian Provincial Committee and Chairman of the Standing Committee of Fujian Provincial People’s Congress, His Excellency (HE) Zhou Zuyi, with an interest in strengthening diplomatic ties and promoting strategic cooperation between Fujian and Malaysia. The Fujian delegation was also on a mission to promote trade and tourism opportunities in Fujian through its “Refreshing Fujian” campaign.\u003C/p>\u003Cp>Welcomed by IOIC Group Managing Director and Chief Executive Dato’ Lee Yeow Chor, HE Zhou Zuyi expressed his gratitude to IOI for its economic-spurring investments in Xiamen and philanthropic contributions to support the community developments in Xiamen. Our property development projects in Xiamen include IOI Park Bay and the mega-scale urban mixed-use development IOI Palm City in Jimei, as well as IOI Palm International Parkhouse in Xiang’an. As a leading plantation company and also a reputable township developer in Malaysia, we were honoured to set foot in Xiamen and will continue to deepening the friendship with the Fujian government.\u003C/p>\u003Cp>Also in attendance were IOIPG Executive Vice Chairman Mr Lee Yeow Seng and senior management team of the two companies.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Welcomes-Delegation-from-Fujian-Province-2.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>","2023-05-15T00:00:00.000000Z",{"name":686,"file_name":686,"url":687},"ioi_welcomes_delegation_from_fujian_province.jpg","https://www.ioigroup.com/storage/763/ioi_welcomes_delegation_from_fujian_province.jpg","2025-07-01T07:08:16.000000Z",{"meta_title":682,"meta_description":690,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOIC) and IOI Properties Group Berhad (IOIPG), hosted a group of distinguished guests from the...",{"id":692,"title":693,"source":7,"body":694,"published":9,"date":695,"image":696,"updated_at":699,"created_at":667,"metatag":700},89,"IOI Familiarisation Trip With Media And Analysts","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-1.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) invited a group of media and analysts on a familiarisation trip to our Gomali Estate and Gomali Palm Oil Mill in Johor on 1 June 2023. The much-anticipated visit provided a first-hand experience for our participants to view our sustainable business operations, our digitalisation and mechanisation move, as well as adoption of good environmental, social and governance (ESG) practices. It also offered an exclusive preview of our new 20-acre IOI Palm Wood factory in Segamat, Johor, which is scheduled to commence production in July 2023.\u003C/p>\u003Cp>During the trip, our participants were able to witness various mechanisation tools implemented to drive productivity in harvesting fresh fruit bunches (FFB) in Gomali Estate, such as battery-operated cutter, which provides manpower saving up to 20%, infield collection using electric mechanical cart, mainline FFB evacuation using tractor grabber mainline and tractor hooklift. Since embarking on our digital transformation journey in 2018, we have also digitalised the grading of our FFB via an Electronic Plantation Monitoring System (EPMS) in a handheld device.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:750/500;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-2.jpg\" alt=\"\" width=\"750\" height=\"500\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-3.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>Our commitment to achieving net-zero emissions for Scope 1, 2 and 3 by 2040 is also reflected in our effective waste management programme whereby waste products from our oil palm plantations are repurposed into useful applications, as we showcased our sustainable efforts at our Gomali Palm Oil Mill, which included our effluent treatment plant and biogas plant where methane gas is captured from palm oil mill effluent to generate electricity to power our mill office.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:3000/2000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-4.jpg\" alt=\"\" width=\"3000\" height=\"2000\">\u003Cfigcaption>\u003Ci>IOI Plantation Director Mr NB Sudhakaran said: “We hope you can see for yourselves how technology and automation have enabled us to execute our ESG strategies more effectively and modernise our business to remain competitive.” (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp>The visit continued at IOI Palm Wood, which is a subsidiary of IOI, and Malaysia’s first manufacturing plant to transform oil palm trunks into eco-friendly, sustainable and high-performance \u003Ci>OnCore\u003C/i>® palm wood panels for the furniture, building and joinery industries. IOI Palm Wood Sdn Bhd Chief Executive Officer Mr Peter Fitch said: “The unique properties of oil palm trunks – that are lightweight yet strong, a good insulator and fire retardancy – present a strong business case to scale up for commercial production and make profit with a purpose.” Our participants were brought around the 20-acre manufacturing plant to view how this eco-friendly material can provide a promising potential to revitalise the Malaysian timber industry.\u003C/p>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-5.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>IOI Palm Wood Sdn Bhd Chief Executive Officer Mr Peter Fitch said: “We are geared towards the vision to be the leading company to sustainably grow the non-crude palm oil business from oil palm plantations.” (File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-6.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1500/1000;text-align:center;\" src=\"https://www.ioigroup.com/Files/news/image/IOI-Familiarisation-7.jpg\" alt=\"\" width=\"1500\" height=\"1000\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>","2023-06-03T00:00:00.000000Z",{"name":697,"file_name":697,"url":698},"ioi_familiarisation_1.jpg","https://www.ioigroup.com/storage/764/ioi_familiarisation_1.jpg","2025-07-01T07:10:30.000000Z",{"meta_title":693,"meta_description":701,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOI) invited a group of media and analysts on a familiarisation trip to our Gomali Estate and G...",{"id":703,"title":704,"source":7,"body":705,"published":9,"date":706,"image":707,"updated_at":710,"created_at":711,"metatag":712},80,"IOI Wins The Industry Excellence In Plantation Management Award At The MIACA 2022","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/PD%20receiving%20award.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>IOI Plantation Director Mr NB Sudhakaran (middle) receiving the coveted MIACA corporate award from MPIC Minister YB Datuk Hajah Zuraida Kamaruddin (second from right) (File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) has been conferred the coveted Industry Excellence in Plantation Management award at the inaugural Malaysia International Agricommodity Awards (MIACA) 2022, by the Ministry of Plantation Industries and Commodities (MPIC) at the closing of Malaysia International Agricommodity Expo & Summit (MIACES) on 28 July 2022.\u003C/p>\u003Cp>IOI was recognised at this prestigious event as one of the well-deserving top achievers for our exceptional performance in expanding corporate and social development in the area of plantation management, as our Malaysian plantation estates and mills are both MSPO and RSPO-certified. We have also embarked on our digital transformation journey to drive social inclusion and operational efficiency of our operations since 2018, which accelerated value delivery and impact to our stakeholders.\u003C/p>\u003Cp>The inaugural MIACA event seeks to recognise domestic achievers and their contributions towards the Malaysian economy, inspire and encourage local businesses to soar in the international scene with excellent products services that will spur Malaysians’ pride.\u003C/p>\u003Cp>IOI was also one of the Bronze Partners to the inaugural MIACES 2022, which was one of the first of its kind and the largest agri-commodity events in Malaysia, showcasing the best of the agri-commodity sector and creating over RM300 billion export value for agricommodity players in a global marketplace with over 10,000 visitors and 350 companies from 39 countries participating.\u003C/p>\u003Cp> \u003C/p>","2022-07-29T00:00:00.000000Z",{"name":708,"file_name":708,"url":709},"pd_receiving_award.jpg","https://www.ioigroup.com/storage/755/pd_receiving_award.jpg","2025-05-04T07:24:17.000000Z","2025-05-02T11:56:01.000000Z",{"meta_title":704,"meta_description":713,"meta_keywords":18},"IOI Plantation Director Mr NB Sudhakaran (middle) receiving the coveted MIACA corporate award from MPIC Minister YB Datuk Hajah Zuraida Kamaruddin (se...",{"id":715,"title":716,"source":7,"body":717,"published":9,"date":718,"image":719,"updated_at":722,"created_at":711,"metatag":723},81,"IOI Group's Founder Honoured With FEMACCA’s Lifetime Achievement Award","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Posting_04102022.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Group’s founder, the late Tan Sri Dr Lee Shin Cheng was conferred a \u003Cstrong>Lifetime Achievement Award\u003C/strong> at the prestigious Malaysia Golden Entrepreneur Awards by the Federation of Malaysia Chinese Commerce Association (FEMACCA) for his outstanding entrepreneurship, philanthropic efforts, and exemplary contributions to the people of Malaysia.\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Lifetime%20Achievement%20Award(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>Puan Sri Hoong May Kuan \u003Ci>(centre)\u003C/i>, alongside IOI Corporation Berhad (IOI Corp) Group Managing Director and Chief Executive Dato’ Lee Yeow Chor \u003Ci>(second from left)\u003C/i>, received the prestigious award from the Deputy Minister of International Trade and Industry Yang Berhormat Senator Datuk Lim Ban Hong \u003Ci>(second from right)\u003C/i> at the awards ceremony on 2 October 2022.\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/International%20Supreme%20Brand%20Award.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corp was also named the International Supreme Brand for being a leading global corporation and top achiever in the international arena. Dato’ Lee received the award from the President of FEMACCA Datuk Lum Kim Soong \u003Ci>(second from right)\u003C/i>.\u003Cbr>\u003Cbr>The event was held in conjunction with the 103\u003Csup>rd \u003C/sup>anniversary of FEMACCA.\u003C/p>","2022-10-02T00:00:00.000000Z",{"name":720,"file_name":720,"url":721},"posting_04102022.jpg","https://www.ioigroup.com/storage/756/posting_04102022.jpg","2025-05-04T07:24:09.000000Z",{"meta_title":716,"meta_description":724,"meta_keywords":18},"(File pic by IOI Corporation). IOI Group’s founder, the late Tan Sri Dr Lee Shin Cheng was conferred a Lifetime Achievement Award at the prestigious M...",{"id":726,"title":727,"source":7,"body":728,"published":9,"date":729,"image":730,"updated_at":733,"created_at":711,"metatag":734},82,"IOI Wins Silver For Excellence In Leadership Development At The HREA 2022","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/HR%20award.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp>\u003Cbr>IOI Corporation Berhad (IOI)’s continuous efforts in talent management and leadership development have led us to clinch a silver award for Excellence in Leadership Development at the 10\u003Csup>th\u003C/sup> HR Excellence Awards (HREA) 2022, Malaysia.\u003Cbr> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/HREA%202022_stage.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp>\u003Cbr>IOI Head of Human Resource (HR) Molly Tam \u003Ci>(center)\u003C/i> received the award from one of the judges during a gala dinner attended by more than 500 HR leaders on 14 October 2022 at Hilton Kuala Lumpur.\u003C/p>\u003Cp>The HR Excellence Awards is the region’s prestigious HR programme which honours distinguished organisations within Malaysia - of those with exceptional employee management programmes and progressive human capital strategy planning. This award was given based on assessing HR functions ranging from recruitment, employee engagement, leadership development, retention and more.\u003C/p>\u003Cp>We would like to thank our IOI Family for walking with us in building this crucial milestone. Congratulations and well done!\u003C/p>","2022-10-18T00:00:00.000000Z",{"name":731,"file_name":731,"url":732},"hr_award.jpg","https://www.ioigroup.com/storage/757/hr_award.jpg","2025-05-04T07:24:00.000000Z",{"meta_title":727,"meta_description":735,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOI)’s continuous efforts in talent management and leadership development have led us to clinch...",{"id":737,"title":738,"source":7,"body":739,"published":9,"date":740,"image":741,"updated_at":744,"created_at":711,"metatag":745},83,"IOI Combats Labour Issues Through Workshop With Industry Leaders","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Group.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by ILO).\u003C/i>\u003C/p>\u003Cp>\u003Cbr>IOI Corporation Berhad (IOI) came together with several palm oil industry leaders in Malaysia to exchange labour practices and mechanisms in addressing forced labour and child labour issues at an International Labour Organization (ILO) workshop on 21 September 2022 in Kuala Lumpur. The ‘Assisting the Malaysian Palm Oil Industry in Addressing Forced Labour and Child Labour’ workshop was held by the ILO’s Advancing Workers’ Rights in the Palm Oil Sector in Indonesia and Malaysia Project (Palm Oil Project), funded by the US Department of State Bureau of Democracy, Human Rights and Labour to strengthen global labour ties and standards.\u003C/p>\u003Cp>Acknowledging that the remoteness of plantation estates and palm oil mills could be a hurdle to grievances and accountability, IOI has embarked on a digital transformation journey to drive operational efficiency and enhance our labour practices. Our SAP enterprise resource planning (ERP) system enables integrated tracking of working hours while ensuring prompt and fair wage disbursement. Other digital programmes include our Merchantrade e-wallet salary crediting system and direct online recruitment interviews with candidates in the source country to counter forced labour indicators.\u003C/p>\u003Cp>“We launched a grievance reporting application called ‘IOI Mesra’ where our people on the ground can submit complaints or highlight issues while getting notified on the progress for dispute resolution on a real-time basis. The mobile application can be installed on personal smartphones which enables our employees to raise issues directly with the human resource department in their native languages,” said IOI Group Head of Sustainability Dr Surina Ismail at the event.\u003C/p>\u003Cp>IOI also protects the rights of our workforce by ensuring that their voices are heard through various channels without fear of repercussions and that their grievances and complaints are being addressed in a timely manner. All our workers are being informed of their rights which cover workers’ benefits, labour laws and forced labour indicators. Their training material consists of ILO’s Forced Labour indicators, IOI’s Code of Conduct on Ethical Recruitment and Responsible Employment as well as related policies and guidelines.\u003C/p>\u003Cp>Forced labour and child labour may stem from a lack of experience or capacity in responsible labour practices. This knowledge-sharing workshop is a timely reminder that the entire palm oil industry will benefit from working closely with government agencies, business membership organisations, worker representative organisations, child and forced labour experts, and civil society groups to tackle these important labour challenges.\u003C/p>\u003Cp>Visit ILO’s \u003Ca href=\"https://www.ilo.org/asia/media-centre/news/WCMS_857662/lang--en/index.htm \">website\u003C/a> for the full story.\u003C/p>","2022-10-19T00:00:00.000000Z",{"name":742,"file_name":742,"url":743},"group.jpg","https://www.ioigroup.com/storage/758/group.jpg","2025-05-04T07:23:50.000000Z",{"meta_title":738,"meta_description":746,"meta_keywords":18},"(File pic by ILO).IOI Corporation Berhad (IOI) came together with several palm oil industry leaders in Malaysia to exchange labour practices and mecha...",{"id":748,"title":749,"source":7,"body":750,"published":9,"date":751,"image":752,"updated_at":755,"created_at":711,"metatag":756},84,"IOI Wins Gold At The Edge ESG Awards 2022","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/The%20Edge%20ESG%20Award_IOI.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) received a \u003Cstrong>Gold award\u003C/strong> under the equities category for the plantation sector at The Edge’s inaugural ESG Awards 2022 gala dinner, which was held at Sunway Resort Hotel yesterday. IOIC Group Head of Sustainability Dr Surina Ismail \u003Ci>(centre)\u003C/i> received the award on behalf of the company from FTSE Russell Head of Sustainable Investment for Asia-Pacific Ms Helena Fung \u003Ci>(second from right)\u003C/i>. IOIC was among the 44 companies that were awarded at the gala dinner which was attended by approximately 400 people.\u003C/p>\u003Cp>“We are honoured to receive this meaningful award. As we continue our efforts to build a better future, in IOI, I believe it is our people’s strong conviction and sense of responsibility, coupled with the consistent implementation of our environmental, social and governance (ESG) activities over the past decade and a half, which has contributed to us winning this award,” said IOIC Group Managing Director and Chief Executive Dato’ Lee Yeow Chor.\u003C/p>\u003Cp>The Edge ESG Awards 2022 was organised in collaboration with Bursa Malaysia Bhd and FTSE Russell, with Morningstar as the knowledge partner for the funds category and Deloitte as the auditor. The ESG Awards is aimed at recognising public-listed companies (PLCs) and asset management firms that are ESG leaders in Malaysia. There are two categories to the award, with the first category is for PLCs on the FTSE Bursa Malaysia Emas Index and each PLC are judged based on FTSE’s ESG ratings methodology, and the second category is for funds recognised as Sustainable and Responsible Investment Funds by the Securities Commission Malaysia and each fund is judged based on Morningstar’s methodology.\u003C/p>","2022-11-29T00:00:00.000000Z",{"name":753,"file_name":753,"url":754},"the_edge_esg_award_ioi.jpg","https://www.ioigroup.com/storage/759/the_edge_esg_award_ioi.jpg","2025-05-04T07:23:23.000000Z",{"meta_title":749,"meta_description":757,"meta_keywords":18},"(File pic by IOI Corporation).IOI Corporation Berhad (IOIC) received a Gold award under the equities category for the plantation sector at The Edge’s...",{"id":759,"title":760,"source":7,"body":761,"published":9,"date":762,"image":763,"updated_at":766,"created_at":711,"metatag":767},85,"IWD 2023: True Inclusion And Belonging Require Equitable Action","\u003Cfigure class=\"image image_resized\" style=\"width:100%;\">\u003Cimg style=\"aspect-ratio:1433/1433;text-align:center;\" src=\"https://www.ioigroup.com/Files/News/image/1%20(All%20Groups).jpg\" alt=\"\" width=\"1433\" height=\"1433\">\u003Cfigcaption>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/figcaption>\u003C/figure>\u003Cp> \u003C/p>\u003Cp>International Women’s Day (IWD) is an opportunity to celebrate women’s achievements and empower all women and girls to create a better future. This year’s IWD theme,\u003Ci> #EmbraceEquity\u003C/i>, emphasises the importance of gender equity and inclusion in all aspects of society.\u003Cbr>\u003Cbr>At IOI Corporation Berhad (IOI), we acknowledge, recognise, and celebrate all the different viewpoints and skills that our people bring into the workplace. In conjunction with International Women’s Day (IWD) 2023 on 8 March, we had a Group-wide celebration in Malaysia and Indonesia, where various specially-planned agendas towards women's equity, diversity, and inclusion were carried out.\u003Cbr>\u003Cbr>On-site activities included knowledge sharing by IOI’s Women and Empowerment Committee, health awareness talks and health screening, self-defence demonstration, cake decoration contest, sports activities, photo contests, dance performances, and exhibitions. As a continuation of our social initiative called “Women and Digitalisation” that was launched during IWD 2022, we also organised various digital awareness talks such as digital education, cyber security, benefits of e-wallet, among others, to promote the digital inclusion of women and encourage our female employees to embrace the digital revolution.\u003Cbr>\u003Cbr>IOI is committed to a world that is free of bias, gender stereotypes and discrimination, as we welcome more women into our organisation and offer immense opportunities to them in order to achieve positive change towards a sustainable future. Together, we will continue to see progress as an added value to our employees, customers, shareholders, and society.\u003Cbr>\u003Cbr>To see how the event unfolded at each location, check us out on \u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https://www.instagram.com/p/CpuJbYlJTkD/\">Instagram\u003C/a>.\u003C/p>","2023-03-13T00:00:00.000000Z",{"name":764,"file_name":764,"url":765},"1_all_groups.jpg","https://www.ioigroup.com/storage/760/1_all_groups.jpg","2025-07-01T06:41:54.000000Z",{"meta_title":760,"meta_description":768,"meta_keywords":18},"(File pic by IOI Corporation). International Women’s Day (IWD) is an opportunity to celebrate women’s achievements and empower all women and girls to...",{"id":770,"title":771,"source":7,"body":772,"published":9,"date":773,"image":774,"updated_at":776,"created_at":777,"metatag":778},73,"IOI Earth Month 2022: Championing the Zero-Waste Lifestyle","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(37).jpg\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad has continuously supported the global Earth Hour movement since 2009. We have designated the month of March as our Earth Month to give greater emphasis on the green movement. This year, we have chosen the theme \u003Ci>“Championing the Zero-Waste Lifestyle”\u003C/i> for our \u003Cstrong>IOI Earth Month 2022\u003C/strong> campaign, which is currently in its 11\u003Csup>th\u003C/sup> edition.\u003C/p>\u003Cp>In line with the theme, we have organised a variety of eco-activities, including recycling and upcycling talks and workshops, trash to treasure reinvent challenge and eco treasure hunt, to promote the practice of the 7Rs (Rethink, Repurpose, Recycle, Reuse, Reduce, Recover and Repair) and encourage a sustainable zero-waste lifestyle among our employees. It also reflects our commitment to our Group-wide \u003Ci>IOI Climate Change Action initiative (\"CCAi\")\u003C/i>, which we introduced in 2020 to reduce our carbon footprint and lessen the climate change impact.\u003C/p>\u003Cp>IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor said: \"At the Group-level, I hope that the campaign will continue to increase our employees’ awareness, inspire and encourage them to implement the zero-waste approach in their working and daily life. By rethinking the way we utilise our goods, materials and resources, we can close the loop and implement the circular economy model.”\u003C/p>\u003Cp>Let us continue to adopt a zero-waste lifestyle and fight climate change.\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Earth%20Month%202022%20collage.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(File pic by IOI Corporation).\u003C/i>\u003C/p>\u003Cp>\u003Cbr>Follow us on our \u003Ca href=\"https://www.linkedin.com/company/ioi-corporation-berhad/\">LinkedIn\u003C/a> and \u003Ca href=\"https://www.instagram.com/ioicorporation/\">Instagram\u003C/a> for more updates.\u003C/p>","2022-04-11T00:00:00.000000Z",{"name":239,"file_name":239,"url":775},"https://www.ioigroup.com/storage/748/ioi_group37.jpg","2025-05-04T07:25:01.000000Z","2025-05-02T11:56:00.000000Z",{"meta_title":771,"meta_description":779,"meta_keywords":18}," IOI Corporation Berhad has continuously supported the global Earth Hour movement since 2009. We have designated the month of March as our Earth Month...",{"id":781,"title":782,"source":7,"body":783,"published":9,"date":784,"image":785,"updated_at":787,"created_at":777,"metatag":788},74,"IOI Announces Final Settlement of the IOI Pelita (Sarawak) Land Dispute Case","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(37).jpg\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>On 30 May 2022, IOI Pelita Plantation (IOI Pelita) and eight local communities from the Tinjar area of Sarawak signed a landmark final settlement agreement, ending a decades-long land dispute that started before IOI Corporation Berhad (IOI) acquired the joint venture company with the Sarawak State Land Custody and Development Authority (LCDA) in 2007.\u003Cbr>\u003Cbr>The signing ceremony was witnessed by officials from the Sarawak State Government, community leaders, and representatives from the Roundtable on Sustainable Palm Oil (RSPO).  \u003Cbr>\u003Cbr>The final settlement agreement is unprecedented in its nature and significance. Pursuant to the agreement, IOI Pelita will relinquish or excise 4,615 hectares of land from its Provisional Lease, and the Sarawak State Government will subsequently gazette that excised land as Native Communal Reserve for agricultural use by the eight affected communities, effectively giving these communities an ownership title to the land.  All the parties have agreed that any further division of the excised land among the eight communities, should that be their wish, must be in accordance with the native customary law.\u003Cbr>\u003Cbr>Over the course of this land dispute, there have been many attempts to resolve the dispute, including through the court system and mediation. However, the dispute was complicated as it involves eight different communities comprising more than 3,500 settlers, with many of them having overlapping claims on the land. Furthermore, at the heart of the dispute was the issue of the correct interpretation of the state legal ownership versus native customary rights over the provisional lease land.\u003Cbr>\u003Cbr>In 2018, a new attempt to resolve the dispute was launched by IOI Pelita, with guidance provided by RSPO and certain NGOs to ensure the resolution process is conducted transparently and follows the Free, Prior, and Informed Consent (FPIC) process.\u003Cbr>\u003Cbr>This time around, emphasis has been placed on extensive stakeholder engagement and regular communication with all the affected parties. The resolution process started with the formulation of a resolution plan which was approved by RSPO. In the end, each stakeholder made its utmost effort to contribute to the success of the resolution plan. For IOI Pelita, it has agreed to excise more than half of its land to make it available to the local communities. The Sarawak State Government has agreed to provide the communities with a title to that land while the communities have agreed to divide the land among themselves according to native customary law. The civil society has contributed towards building the communities' awareness and conducted community participatory mapping to help them understand the complex land-related issues. Lawyers and government officials provided the communities with expertise on legal and native customary rights. The negotiation between IOI Pelita and the communities was facilitated by Dr Ramy Bulan, a renowned scholar, and expert on indigenous people’s customary rights.\u003Cbr>\u003Cbr>IOI would like to express its sincere gratitude to all the above-mentioned stakeholders for their contribution toward the successful closing of this long-standing dispute. The company is looking forward to a new chapter in its relationship with the neighbouring communities and wishes them a prosperous future.\u003C/p>","2022-05-30T00:00:00.000000Z",{"name":239,"file_name":239,"url":786},"https://www.ioigroup.com/storage/749/ioi_group37.jpg","2025-05-04T07:24:45.000000Z",{"meta_title":782,"meta_description":789,"meta_keywords":18}," On 30 May 2022, IOI Pelita Plantation (IOI Pelita) and eight local communities from the Tinjar area of Sarawak signed a landmark final settlement agr...",{"id":791,"title":792,"source":7,"body":793,"published":9,"date":794,"image":795,"updated_at":798,"created_at":777,"metatag":799},75,"IOI Named Signatory To Achieving Coexistence With Elephants","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/MeMe-178%20(2).jpg\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI), along with major plantation organisations, a non-profit organisation and academia have agreed on cooperation to coexist with elephants.\u003Cbr>\u003Cbr>IOI is a proud coalition collaborator to the Achieving Coexistence with Elephants (ACE) Project, and thank the Management and Ecology of Malaysian Elephants (MEME), University of Nottingham Malaysia, Earthworm Foundation and Wildlife Conservation Society-Malaysia Programme for driving fruitful multi-stakeholder collaboration to help support the management and conservation of wild Asian elephants in Peninsular Malaysia.\u003Cbr>\u003Cbr>The ACE project is significant as it is among the first multi-agency human-elephant coexistence projects in Peninsular Malaysia using a large landscape approach, covering 19 estates with approximately 9,000 people.\u003Cbr>\u003Cbr>In managing human-elephant conflicts, multiple stakeholders are needed to work closely together, especially more crucially while on the ground. By working in a coalition across several Johor districts, the ACE Project aims to increase the sense of safety for people, support the agriculture sector in mitigating human-elephant conflict responsibly, and carry out scientific research to study elephants’ roaming behaviour and habitat needs.\u003Cbr>\u003Cbr>IOI and MEME have worked together since 2020 on building coexistence with elephants in Southern Peninsular Malaysia. Our signatory to the ACE project on 22 June 2022 reaffirms IOI’s strong commitment to protect rare, threatened and endangered (RTE) species, as guided by our Sustainable Palm Oil Policy (SPOP).\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/MeMe-171%20(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>(From left to right) IOI Plantation Controller Encik Zakaria Arshad receiving a token of appreciation from MEME Principal Investigator Dr Wong Ee Phin, witnessed by Professor Andy Chan from University of Nottingham Malaysia.\u003C/i>\u003C/p>","2022-06-27T00:00:00.000000Z",{"name":796,"file_name":796,"url":797},"meme_178_2.jpg","https://www.ioigroup.com/storage/750/meme_178_2.jpg","2025-05-04T07:24:36.000000Z",{"meta_title":792,"meta_description":800,"meta_keywords":18}," IOI Corporation Berhad (IOI), along with major plantation organisations, a non-profit organisation and academia have agreed on cooperation to coexist...",{"id":802,"title":803,"source":7,"body":804,"published":9,"date":805,"image":806,"updated_at":777,"created_at":777,"metatag":809},76,"The Tree Whisperer: Official Biography of Tan Sri Dr Lee Shin Cheng","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/for%20ig_1(1).jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cbr />\r\n\r\n\u003Cp> Starting from humble beginnings, our late Tan Sri Lee Shin Cheng’s life as the grand patriarch and founder of local conglomerate IOI Group, is a favourite story in Malaysia’s corporate folklore.\r\n\r\n\u003C/p>\u003Cp>Also known as the “Tree Whisperer”, he was the Founder and Executive Chairman of two public-listed companies, IOI Corporation Berhad (IOI Corp) and IOI Properties Group Berhad (IOI Properties). Through his vision, hard work and enterprising spirit, both companies have grown to become leading corporations in their respective sectors, locally, regionally and globally.\u003Cbr />\u003Cbr />Today, IOI Corp, with a market capitalisation of RM23.86 billion, is a leading global integrated palm oil company which has operations across Asia, Europe and North America. It is among the 30 largest companies listed on the Main Market of Bursa Malaysia, forming one of the component companies of the FTSE Bursa Malaysia KLCI, the stock exchange’s benchmark index.\u003Cbr />\u003Cbr />As for IOI Properties, valued at RM5.37 billion, it is a property development and investment company which has a substantial presence in Singapore and China. It was the property arm of IOI Group prior to its spin-off listing onto Bursa Malaysia in January 2014.\u003Cbr />\u003Cbr />His life story has and will continue to impact and inspire many people of all ages from all walks of life. His legacy continues to live on in two versions of commemorative biographies, which are available in English and Chinese Mandarin. To learn more of his rise to the pinnacle of Malaysia’s corporate world, click to get your personal copy via the online stores below:\u003Cbr />\u003Cbr />English: \u003Ca href=\"https://bit.ly/3y7X1vs \" target=\"_blank\">https://bit.ly/3y7X1vs \u003C/a>\u003C/p>\u003Cp>Mandarin: \u003Ca href=\"https://bit.ly/3IHXWag \" target=\"_blank\">https://bit.ly/3IHXWag \u003C/a>\u003C/p>\u003Cp>\u003Cbr />\u003C/p>","2022-07-04T00:00:00.000000Z",{"name":807,"file_name":807,"url":808},"for_ig_11.jpg","https://www.ioigroup.com/storage/751/for_ig_11.jpg",{"meta_title":803,"meta_description":810,"meta_keywords":18},"(File pic by IOI Corporation). Starting from humble beginnings, our late Tan Sri Lee Shin Cheng’s life as the grand patriarch and founder of local con...",{"id":812,"title":813,"source":7,"body":814,"published":9,"date":815,"image":816,"updated_at":777,"created_at":777,"metatag":819},77,"IOI Wins 2022 ASEAN Tech For ESG Awards","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20for%20AIBP%202022.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003C/div>\u003C/div>\u003Cbr />\u003Cp>IOI Corporation Berhad’s (IOI) digital transformation journey to drive social inclusion and operational efficiency of our operations has led us to be awarded the 2022 ASEAN Tech for Environmental, Social, Governance (ESG) Award by the ASEAN Innovative Business Platform (AIBP).\u003C/p>\r\n\u003Cp>Since 2018, we have embarked on our digital transformation journey and implemented the SAP Enterprise Resource Planning (ERP) system across all our business operations. In the past 24 months, we have accelerated our digital transformation by implementing numerous initiatives to practice ethical recruitment and responsible employment, to eliminate forced labour elements, to enhance grievance mechanisms and to counter child labour through digitalisation, automation and child education initiatives.\u003C/p>\u003Cp>We received the inaugural award at the 2022 AIBP ASEAN Innovation Retreat on 4 July 2022 in Singapore, and we are proud to be the sole Malaysian winner as we made the United Nation's Sustainability Development Goals a priority in our business, and integrated ESG principles into our business operations.\u003C/p>\u003Cbr />\r\n\r\n\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Dr%20Surina%20receiving%20GSE%20award.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>Dr Surina Ismail (left) receiving the award from one of the award’s judges Mr Han Chung Heng, Senior Vice President, Systems and Alliances and Channels, JAPAC, Oracle\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cbr />\r\n\r\n\u003Cp>IOI’s Group Head of Sustainability Dr Surina Ismail said, “Opportunities with technology are endless. Our sustainability agenda is further strengthened and supported by connectivity, digital systems and mobile applications, which help us reach out to our workers better, empower women and allow children to have fair access to education.”  \u003C/p>\r\n\r\n\u003Cp>The ASEAN Tech for ESG Awards is held with the key objective of recognising organisations who have embarked on ESG projects, utilising digital tools and innovative technologies, with proven impact and results in their sustainability and ESG efforts.\u003C/p>\r\n\r\n    \r\n\u003Cp>\u003Cbr />\u003C/p>","2022-07-07T00:00:00.000000Z",{"name":817,"file_name":817,"url":818},"ioi_for_aibp_2022.jpg","https://www.ioigroup.com/storage/752/ioi_for_aibp_2022.jpg",{"meta_title":813,"meta_description":820,"meta_keywords":18},"IOI Corporation Berhad’s (IOI) digital transformation journey to drive social inclusion and operational efficiency of our operations has led us to be...",{"id":822,"title":823,"source":7,"body":824,"published":9,"date":825,"image":826,"updated_at":777,"created_at":777,"metatag":828},78,"IOI Announces Closure Of IOI Pelita (Sarawak) Land Dispute Complaint By RSPO Complaints Panel","\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(37).jpg\" alt=\"\" />\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>Following IOI Corporation Berhad’s (IOI) announcement dated 30 May 2022, we are pleased to announce that our joint venture in Sarawak, IOI Pelita Plantation Sdn Bhd (IOI Pelita), has received a letter dated 18 July 2022 from the Roundtable on Sustainable Palm Oil (RSPO) informing that RSPO Complaints Panel (CP) has officially declared the closure of the complaint on the land dispute matter. \u003Cbr />\u003Cbr />The CP is satisfied that an amicable resolution has been reached following the final settlement agreement signing ceremony between IOI Pelita and the eight local communities from the Tinjar area of Sarawak on 30 May 2022. The CP further commends IOI Pelita for following through with the resolution plan approved by the CP earlier. \u003Cbr />\u003Cbr />IOI would like to express our sincere gratitude to RSPO CP and secretariat for their guidance and support in this long-standing matter, and will continue to observe the process diligently until the completion of the excision of the land and its return to the communities. \u003C/p>","2022-07-20T00:00:00.000000Z",{"name":239,"file_name":239,"url":827},"https://www.ioigroup.com/storage/753/ioi_group37.jpg",{"meta_title":823,"meta_description":829,"meta_keywords":18},"Following IOI Corporation Berhad’s (IOI) announcement dated 30 May 2022, we are pleased to announce that our joint venture in Sarawak, IOI Pelita Plan...",{"id":831,"title":832,"source":7,"body":833,"published":9,"date":834,"image":835,"updated_at":777,"created_at":777,"metatag":838},79,"IOI Enters Green Trade Financing Agreement With UOB Malaysia","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-8 offset-md-2\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOI-UOB.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003C/div>\u003C/div>\u003Cp>IOI Corporation Berhad (IOI) announced a green trade finance (GTF) facility agreement with United Overseas Bank (Malaysia) Berhad (UOB Malaysia) which will fund the sourcing of certified palm oil to support our downstream resource-based manufacturing business as well as our business partners’ activities.\u003C/p>\u003Cp>\r\nIOI is proud to undertake the first GTF facility by UOB Malaysia under the UOB Green and Sustainable Trade Finance Framework. IOI’s responsible and sustainable practices, which include good agricultural practices, sustainable palm oil production, responsible sourcing of sustainable palm oil and more, represent IOI’s corporate responsibility and firm commitment, which are fundamental prerequisites to UOB Malaysia’s assessment.\u003C/p>\u003Cp>\r\n\r\n\u003C/p>\u003Cdiv class=\"row\"> \r\n     \u003Cdiv class=\"col-md-4 offset-md-2\">\r\n        \u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Dato%20Lee_2012.jpg\" />\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>Dato’ Lee Yeow Chor, IOI's Group Managing Director and Chief Executive.\u003C/em>\u003C/div>\r\n     \u003C/div>\r\n    \u003Cdiv class=\"col-md-4\">\r\n        \u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Ng%20Wei%20Wei%20UOB%20Malaysia%20CEO.jpg\" />\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>Ms Ng Wei Wei, Chief Executive Officer of UOB Malaysia.\u003C/em>\u003C/div>\r\n     \u003C/div>\r\n\u003C/div>\u003Cbr />\u003Cp>IOI’s Group Managing Director and Chief Executive Dato’ Lee Yeow Chor \u003Cem>(left)\u003C/em> said, “As one of the leading global integrated and sustainable palm oil players, IOI aims to lead in sustainable palm oil production and be at the forefront of sourcing for sustainably-produced palm oil. This GTF facility supports our goal to promote sustainable palm oil and expand our green footprint as we progress towards net-zero emissions. We will continue to work with responsible suppliers and business partners in different parts of our business to strengthen the global sustainable palm oil supply chain.”\u003Cbr />\u003Cbr />Ms Ng Wei Wei, Chief Executive Officer of UOB Malaysia \u003Cem>(right)\u003C/em> said, “We are pleased to extend our GTF facility to IOI to help accelerate its sustainability agenda and to promote sustainable palm oil. IOI have taken important steps to mitigate its environmental, social and governance risks such as good overall agronomic practices and building more resilient supply chains. Furthermore, we are delighted that our GTF facility will also be supporting the global trade flows of palm oil, which is a key export for Malaysia.”\r\n\r\n\u003C/p>","2022-07-25T00:00:00.000000Z",{"name":836,"file_name":836,"url":837},"ioi_uob.jpg","https://www.ioigroup.com/storage/754/ioi_uob.jpg",{"meta_title":832,"meta_description":839,"meta_keywords":18},"IOI Corporation Berhad (IOI) announced a green trade finance (GTF) facility agreement with United Overseas Bank (Malaysia) Berhad (UOB Malaysia) which...",{"id":841,"title":842,"source":7,"body":843,"published":9,"date":844,"image":845,"updated_at":847,"created_at":847,"metatag":848},68,"IOI's Inaugural Annual Innovation Convention 2022","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(38).jpg\" alt=\"\" />\u003C/div>\u003C/div>\u003C/div>IOI Corporation Berhad (IOIC) successfully held its first inaugural Annual Innovation Convention (AIC) 2022 on 13 January 2022 with the participation of 13 teams from different business units within the Group.\r\n\u003Cbr />\r\n\u003Cp>\r\n    \r\n\u003C/p>\r\n\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Photo%20-%20Judges.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cp>\u003Cbr />Each participant had challenged themselves to meet IOIC’s \u003Cem>Innovation\u003C/em> Core Value which encourages employees to embrace new technologies and different ways of doing thing. They showcased their latest innovations and continuous improvements efforts in their products, processes, and organisational innovations.\r\n    \r\n\u003C/p>\u003Cp>IOI Group's Managing Director and Chief Executive Dato’ Lee Yeow Chor said: “Innovation should not be looked at merely as being creative or clever ways of doing things, but instead we should analyse innovation in terms of the value that it can create to the companies, customers or stakeholders, over and above its costs. In essence, the value should be over and above the cost of the innovation.”\r\n\r\n\u003C/p>\u003Cp>\r\n    \r\n\u003C/p>\r\n\r\n\u003Cdiv class=\"row\"> \r\n     \u003Cdiv class=\"col-md-6\">\r\n        \u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Screenshot%20(2).jpg\" />\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\r\n     \u003C/div>\r\n    \u003Cdiv class=\"col-md-6\">\r\n        \u003Cimg style=\"width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/Screenshot%20(3).jpg\" />\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\r\n     \u003C/div>\r\n\u003C/div>\u003Cp>\u003Cbr />\r\n\r\nThe AIC was a fruitful event and yielded many impressive ideas from the teams.\r\n\u003Cbr />\u003C/p>","2022-01-17T00:00:00.000000Z",{"name":228,"file_name":228,"url":846},"https://www.ioigroup.com/storage/743/ioi_group38.jpg","2025-05-02T11:55:59.000000Z",{"meta_title":842,"meta_description":849,"meta_keywords":18},"IOI Corporation Berhad (IOIC) successfully held its first inaugural Annual Innovation Convention (AIC) 2022 on 13 January 2022 with the participation...",{"id":851,"title":852,"source":7,"body":853,"published":9,"date":854,"image":855,"updated_at":847,"created_at":847,"metatag":858},69,"IOI Upgraded To ‘BBB’ In MSCI ESG Ratings","\u003Cdiv style=\"text-align: center;\">\u003Cimg src=\"https://www.ioigroup.com/Files/News/image/(00)%20IOI%20GROUP%20LOGO%20(Clear%20Background)(1).png\" alt=\"\" style=\"width: 254.49px; height: 190.047px;\" />\u003C/div>\u003Cp>\u003Cbr />\u003C/p>IOI Corporation Berhad (IOI) was upgraded to ‘BBB’ from ‘BB’ for its environmental, social and governance (ESG) performance in the latest assessment by Morgan Stanley Capital International (MSCI) ESG Research LLC. The upgrade, which marked IOI’s enhanced resilience to long-term, industry ESG risks was driven by improvement in our governance practices, as well as improved transparency in executive pay practices, which appear to be well-aligned with shareholders’ interests.\u003Cbr />\u003Cbr />For corporate governance, we fall into the average scoring range relative to our global peers which reflects a relatively low level of governance risk in most assessment areas. In addition, we have strengthened our ethics management practices and embarked on multi-stakeholder collaborations to reduce the potential adverse biodiversity impact of our palm oil operations.\u003Cbr />\u003Cbr />The MSCI ESG Ratings measure a company's resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key issues based on a company's business model.\u003Cbr />\u003Cbr />As part of our sustainability commitment, we also made progress in other sustainability credentials including emerging as the Top 3 Leader with the highest score and the Top Mover in The State of Children’s Rights and Business 2020 Southeast Asia study conducted by Global Child Forum in January 2021. At the Carbon Disclosure Programme in February 2021, we were awarded the Most Improved Company 2020 for Hong Kong, Macau and Southeast Asia in the area of Water Security and upgraded our score from C (Awareness) to B (Management Awareness & Involvement). IOI is also a constituent of FTSE4Good Index with a rating of 3.1 in ESG.","2022-01-27T00:00:00.000000Z",{"name":856,"file_name":856,"url":857},"00_ioi_group_logo_clear_background1.png","https://www.ioigroup.com/storage/744/00_ioi_group_logo_clear_background1.png",{"meta_title":852,"meta_description":859,"meta_keywords":18},"IOI Corporation Berhad (IOI) was upgraded to ‘BBB’ from ‘BB’ for its environmental, social and governance (ESG) performance in the latest assessment b...",{"id":861,"title":862,"source":7,"body":863,"published":9,"date":864,"image":865,"updated_at":847,"created_at":847,"metatag":867},70,"IOI Corporation Berhad Announces Support for the Task Force on Climate-Related Financial Disclosures","\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(38).jpg\" alt=\"\" />\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003Cbr />Today, IOI Corporation Berhad (IOI) declared its support for the Task Force on Climate-Related Financial Disclosures (TCFD), joining more than 2,500 organisations in demonstrating a commitment to building a more resilient financial system and safeguarding against climate risk through better disclosures. \u003Cbr />\u003Cbr />The TCFD, chaired by Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies, provides market participants with recommendations to address the financial impact of climate change on their business. By increasing transparency on financially material climate-related risks and opportunities the recommendations promote more informed financial decision-making by investors, lenders and others. \u003Cbr />\u003Cbr />“As part of IOI’s long-term action plan to manage climate related risks and opportunities within our diverse and vertically integrated operations, we have introduced IOI’s \u003Cem>Climate Change Action (CCA) Initiative\u003C/em> in 2019 which we have set up to be in alignment with TCFD’s recommendations. We believe that TCFD, with its four thematic areas, has helped us to have the necessary governance and strategy in place to manage our risks as well as meet and report transparently our targets”, said IOI. \u003Cbr />\u003Cbr />Supporters of the TCFD span the public and private sectors and include national governments, central banks, stock exchanges, credit rating agencies, financial organizations and private sector businesses from a variety of industries.\u003C/p>\r\n\u003Cp>\u003C/p>","2022-02-07T00:00:00.000000Z",{"name":228,"file_name":228,"url":866},"https://www.ioigroup.com/storage/745/ioi_group38.jpg",{"meta_title":862,"meta_description":868,"meta_keywords":18},"Today, IOI Corporation Berhad (IOI) declared its support for the Task Force on Climate-Related Financial Disclosures (TCFD), joining more than 2,500 o...",{"id":870,"title":871,"source":7,"body":872,"published":9,"date":873,"image":874,"updated_at":847,"created_at":847,"metatag":877},71,"IWD 2022: Breaking The Gender Bias Together","\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Break%20The%20Bias_Group.jpg\" alt=\"\" />\u003C/div>\r\n\u003Cdiv style=\"font-size: 10pt; line-height: normal; text-align: center;\">\u003Cem>#BreakTheBias together to ensure a more inclusive and gender-equal workplace (File pic by IOI Corporation).\u003C/em>\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003Cbr />Each year, 8 March is marked as a special day for women. It is the day that celebrates the social, political and economic achievements of women worldwide. In conjunction with 2022’s International Women’s Day (IWD) celebration, IOI Corporation Berhad (IOI) has reaffirmed its pledge to champion women’s rights, raise awareness and support greater gender equality at its workplace and the community in which it operates.\u003C/p>\r\n\u003Cp>The drive for women’s equality is aptly reflected in this year’s IWD \u003Cem>#BreakTheBias \u003C/em>theme. As part of our Group’s commitment to further empower our woman colleagues and their daughters, we strive to address the stereotype, bias and prejudice that are affecting them and the challenges they are facing. \u003Cbr />\u003Cbr />At IOI headquarters, Group Managing Director and Chief Executive Dato’ Lee Yeow Chor witnessed the Group-level IWD celebration, which was also attended by IOI’s two Independent Non-Executive Directors, Dr Nesadurai Kalanithi and Dato’ Kong Sooi Lin as well as IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Executive Director, Datin Joanne Wong.\u003C/p>\r\n\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Break%20The%20Bias_HQ%20Participants.jpg\" alt=\"\" />\u003C/div>\r\n\u003Cdiv style=\"font-size: 10pt; line-height: normal; text-align: center;\">\u003Cem>The physical participants at IOI headquarters during the launching of the Group-level IWD celebration. (Front row, seated from left) Dr Nesadurai, Dato’ Lee, Dato’ Kong and Datin Joanne (File pic by IOI Corporation).\u003C/em>\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cp>\u003Cbr />In his speech, Dato’ Lee remarked that IOI has already exceeded the standard nationwide benchmark, where it currently has three women Directors as its Board Members, which represent 38% of our Board composition. \u003Cbr />\u003Cbr />During the hybrid IWD event, over 500 physical and virtual participants from IOI’s headquarters to the plantation, oleochemicals and refinery divisions participated in a series of activities including live performances, video presentations and sharing of testimonials. These events took place concurrently at IOI headquarters and in our regional plantation, oleochemicals and refinery offices, which have also organised various on-site activities such as make-up classes, cooking demonstration as well as health screening.\u003C/p>\r\n\u003Cp>As part of the IWD celebration, we have also introduced a social initiative related to our Climate Change Action initiative (\"CCAi\") called “Women and Digitalisation” in order to encourage our women employees, especially those who are based in the estates to embrace the digital revolution that brings immense potential to improve their social and economic well-being. With digital literacy, they can conduct various online transactions (including online banking and purchases amongst others) securely from the safety of their homes.\u003C/p>\r\n\u003Cp>For this year's IWD celebration, we have invited all IOI employees to show their support and solidarity for women’s equality and empowerment by submitting their most creative photographs while crossing their arms with the \u003Cem>#BreakTheBias \u003C/em>sign. Last but not least, the inaugural IOI Wonder Woman 2022 award was presented to the winner who received the most votes. \u003Cbr />\u003Cbr />IOI is committed to a world that is free of bias, stereotypes and discrimination. In line with this year’s IWD celebration, we are doubling our effort to embrace equality at our workplace and the community in which we operate. By working together, we can forge women's equality, and collectively we can all \u003Cem>#BreakTheBias\u003C/em>.\u003C/p>\r\n\u003Cp>Follow us on our \u003Ca href=\"https://www.instagram.com/ioicorporation/\">Instagram\u003C/a> for more updates.\u003C/p>","2022-03-09T00:00:00.000000Z",{"name":875,"file_name":875,"url":876},"break_the_bias_group.jpg","https://www.ioigroup.com/storage/746/break_the_bias_group.jpg",{"meta_title":871,"meta_description":878,"meta_keywords":18},"#BreakTheBias together to ensure a more inclusive and gender-equal workplace (File pic by IOI Corporation). Each year, 8 March is marked as a special...",{"id":880,"title":881,"source":7,"body":882,"published":9,"date":883,"image":884,"updated_at":847,"created_at":847,"metatag":887},72,"Leaving A Legacy Through Charitable Giving","\u003Cdiv style=\"text-align: center;\">\u003Cimg src=\"https://www.ioigroup.com/Files/News/image/Cheque%20presentation%20close%20up.jpg\" alt=\"\" />\u003C/div>\u003Cp style=\"text-align: center;\">\u003Cem>Dato’ Lee Yeow Chor (first left) presented the mock cheque to Tan Sri Sak Cheng Lum (second right), witnessed by Puan Sri Hoong May Kuan, Tun Dr Ling Liong Sik (centre) and Ir Prof Dr Ewe Hong Tat. (File pic by IOI Corporation)\u003C/em>\u003C/p>\u003Cp>The spirit of philanthropy of the late Tan Sri Lee Shin Cheng continued to live on as IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), funded entirely by IOI Group and the estate of the late Tan Sri Lee Shin Cheng, donated RM5 million to the UTAR Hospital on 9 March 2022.\u003Cbr />\u003Cbr />UTAR Hospital is a teaching and community hospital set up by UTAR to provide medical care and services in Western Medicine and Traditional and Complementary Medicine including Chinese, Ayurvedic, and Traditional Malay Medicine. It also provides clinical training for UTAR’s medical and health sciences students.\u003Cbr />\u003Cbr />The event also saw the launching of the Tan Sri Lee Shin Cheng Lecture Theatre in the UTAR Faculty of Science, Kampar Campus. The Lecture Theatre was named in honour of the late Tan Sri Lee Shin Cheng to commemorate the legacy of the late Tan Sri Lee, a visionary entrepreneur and respected philanthropist who believed that education is a key to career success. His firm belief in education also paved the way for many students in various universities to gain financial assistance under the IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Scholarships. Puan Sri Hoong May Kuan, IOI Corporation Berhad Group Managing Director and Chief Executive cum Trustee of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Dato’ Lee Yeow Chor, and the late Tan Sri Lee Shin Cheng’s family members were present to witness the official launching of the Tan Sri Lee Shin Cheng Lecture Theatre.\u003Cbr />\u003Cbr />\u003C/p>\u003Cdiv style=\"text-align: center;\">\u003Cimg src=\"https://www.ioigroup.com/Files/News/image/UTAR_Ribbon%20Cutting(2).jpg\" alt=\"\" />\u003C/div>\u003Cp style=\"text-align: center;\">\u003Cem>Ribbon cutting ceremony in front of the signature wall. (File pic by IOI Corporation)\u003C/em>\u003C/p>\u003Cp>A Memorandum of Agreement (MoA) was also signed between UTAR and IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) on the setting up of Bargain Basement’s third outlet at the UTAR Kampar campus, followed by the official launch of the Bargain Basement@UTAR on-site. Bargain Basement is an initiative of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) and this innovative social enterprise has benefited 33 charitable organisations since its establishment in 2016. The collaboration will provide a platform for UTAR students to develop a healthy consumer behaviour and nurture students on entrepreneurship and community services.\u003Cbr />\u003Cbr />\u003Cimg src=\"https://www.ioigroup.com/Files/News/image/BB%201(1).jpg\" alt=\"\" />\u003Cimg src=\"https://www.ioigroup.com/Files/News/image/BB%202(3).jpg\" alt=\"\" />\u003C/p>\u003Cp style=\"text-align: center;\">\u003Cem>Signing of the MOA and the launching of Bargain Basement@UTAR by Datin Joanne Wong Su Ching and Ir. Professor Dr Ewe Hong Tat on behalf of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) and UTAR respectively. This was witnessed by Dato’ Lee Yeow Chor (first right) and Tan Sri Sak Cheng Lum (first left). (File pic by IOI Corporation)\u003C/em>\u003C/p>\u003Cp>The event was graced by dignitaries such as UTAR Chancellor Tun Dr Ling Liong Sik, Toh Puan Ena Ling, Chairman of Board of Trustees of UTAR Education Foundation Tan Sri Dato’ Dr Sak Cheng Lum, UTAR President Ir. Professor Dr Ewe Hong Tat, UTAR Council Members, Puan Sri Hoong May Kuan and the family members of the late Tan Sri Lee.\u003C/p>","2022-03-10T00:00:00.000000Z",{"name":885,"file_name":885,"url":886},"cheque_presentation_close_up.jpg","https://www.ioigroup.com/storage/747/cheque_presentation_close_up.jpg",{"meta_title":881,"meta_description":888,"meta_keywords":18},"Dato’ Lee Yeow Chor (first left) presented the mock cheque to Tan Sri Sak Cheng Lum (second right), witnessed by Puan Sri Hoong May Kuan, Tun Dr Ling...",{"id":890,"title":891,"source":7,"body":892,"published":9,"date":893,"image":894,"updated_at":897,"created_at":898,"metatag":899},60,"IOI Pelita and Stakeholders Reaching a Breakthrough","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(30).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Cbr>The IOI Pelita land dispute with local communities in Tinjar, Sarawak, has been going on for 14 years and is considered to be one of the long-running disputes in the State of Sarawak. Actually, this dispute started back in 1997, long time before IOI Corporation Berhad (IOI) entered into the joint venture with the Land Custody and Development Authority of Sarawak (LCDA) in 2006. \u003Cbr>\u003Cbr>Over the years there were many attempts to resolve the dispute but they have not succeeded. The case is complex as it involves eight community groups and approximately 505 households, together with the Sarawak State Government, which considers the land as State Land. \u003Cbr>\u003Cbr>Three years ago, IOI Pelita launched a 3-stage resolution plan which was approved by RSPO (Roundtable on Sustainable Palm Oil). Since then, IOI Pelita has been following the resolution plan closely, with the involvement and assistance from RSPO, LCDA, Sarawak State Government and two NGOs, namely Grassroots and CICOM (Communities Information and Communications Centre). \u003Cbr>\u003Cbr>As a result of the close involvement and assistance from these stakeholders, a significant breakthrough in the dispute resolution process was reached on 17 March 2021 in Miri at a dialogue session held by the State of Sarawak government with all the eight community groups. The dialogue session was chaired by the Acting Residen of Miri, Mr. Abdul Aziz Mohamad Yusuf, and attended by, among others, the Assistant State Minister of Local Government and Housing, YB Datu Dr Penguang Manggil, and IOI Pelita’s representatives. \u003Cbr>\u003Cbr>In resolving the communities’ communal and individual land claims made during the community participatory mapping stage, IOI Pelita offered during the session to relinquish their interest over all the remaining land which has not been planted with oil palm by them. This amounts to a sizable approximately 5,000 hectares out of the total land area of approximately 9,000 hectares. \u003Cbr>\u003Cbr>In conjunction with the intended relinquishment of interest by IOI Pelita, the Sarawak State Government has made a far-reaching and unprecedented offer to declare that area of approximately 5,000 hectares of land a Native Communal Reserve and subsequently grant the communities communal and individual land titles, which give better legal rights and protections to the communities than the native customary rights. \u003Cbr>\u003Cbr>IOI Pelita’s offer is conditional on all parties to the dispute reaching an agreement on the exact terms of the final dispute settlement. These terms will be discussed at the upcoming last stage of the resolution process, the negotiation stage, where expert advice will also be offered to the communities. The negotiation stage will commence as soon as the current interstate travel restrictions due to the pandemic are lifted. \u003Cbr> \u003C/p>","2021-03-19T00:00:00.000000Z",{"name":895,"file_name":895,"url":896},"ioi_group30.jpg","https://www.ioigroup.com/storage/735/ioi_group30.jpg","2025-05-04T07:26:04.000000Z","2025-05-02T11:55:58.000000Z",{"meta_title":891,"meta_description":900,"meta_keywords":18},"The IOI Pelita land dispute with local communities in Tinjar, Sarawak, has been going on for 14 years and is considered to be one of the long-running...",{"id":902,"title":903,"source":7,"body":904,"published":9,"date":905,"image":906,"updated_at":898,"created_at":898,"metatag":909},61,"Fighting Climate Change Together","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Eco%20Warriors(1).jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\r\n\r\n\u003Cbr />\r\n\u003Cp>IOI Corporation Berhad (IOIC) has continuously supported the global Earth Hour movement since 2009. We have designated the month of March as our Earth Month to give greater emphasis on the green movement. This year, a line-up of exciting eco-activities was held for the IOI Earth Month 2021 campaign and culminated in the Earth Hour’s celebration on 27 March 2021. \r\n\u003Cbr />\r\n\u003Cbr />The theme for IOI Earth Month 2021 is “Fighting Climate Change Together” to reflect IOIC’s Climate Change Action (CCA) Initiative. The CCA Initiative spearheaded by Group Managing Director and Chief Executive Dato’ Lee Yeow Chor is IOIC’s long-term action plans to mitigate and reduce greenhouse gas emissions across its diverse business operations. Similarly, the campaign aims to raise awareness on pressing environmental issues and encourage positive actions to reduce our carbon footprints.\u003C/p>\r\n\r\n\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-12\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Activities%20Collage_LinkedIn%20Cover.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>Please find the full write-up \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Earth Month 2021.pdf\" target=\"_blank\">here\u003C/a>.\u003Cbr /> ","2021-04-05T00:00:00.000000Z",{"name":907,"file_name":907,"url":908},"eco_warriors1.jpg","https://www.ioigroup.com/storage/736/eco_warriors1.jpg",{"meta_title":903,"meta_description":910,"meta_keywords":18},"(File pic by IOI Corporation). IOI Corporation Berhad (IOIC) has continuously supported the global Earth Hour movement since 2009. We have designated...",{"id":912,"title":913,"source":7,"body":914,"published":9,"date":915,"image":916,"updated_at":919,"created_at":898,"metatag":920},62,"Statement In Response To Circulation Of A Letter From US Customs and Border Protection About IOI Corporation","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(33).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) refer to a letter from US Customs and Border Protection (CBP) to a Mr. Andy Hall, Migrant Worker Rights Specialist, dated 26 May 2021 which has been circulated among certain parties.\u003Cbr>\u003Cbr>IOI have taken note of the contents of the letter which acknowledges the receipt of a petition providing information on alleged forced labour conditions at IOI in Malaysia, and that CBP has determined the information is sufficient to investigate the merits of the allegation.\u003Cbr>\u003Cbr>As at the date of this statement, IOI have not been contacted by CBP with regard to their investigation. Nevertheless, IOI will take the proactive step in contacting CBP to confirm the existence of an investigation and offer our co-operation in providing explanation and documents to assist the investigation.\u003Cbr>\u003Cbr>Being a founding member of Roundtable on Sustainable Palm Oil (RSPO) and among the first Malaysian companies to announce a zero recruitment fees policy – where workers do not have to pay any fees or flight charges to join the company, for all our migrant workers in year 2017, IOI is well aware of the importance of our workers’ rights and working conditions, as well as the requirement to adhere to Malaysian labour laws and international labour standards.\u003Cbr>\u003Cbr>We have been working with a number of local and international labour rights experts and NGOs during the last five years to monitor the implementation of our labour policies, and provide recommendations on improving our labour policies, practices and conditions in our plantations. We recognise that this is an ongoing process and will endeavor to achieve our objective of being an exemplary company in this area.   \u003C/p>","2021-06-25T00:00:00.000000Z",{"name":917,"file_name":917,"url":918},"ioi_group33.jpg","https://www.ioigroup.com/storage/737/ioi_group33.jpg","2025-05-04T07:25:51.000000Z",{"meta_title":913,"meta_description":921,"meta_keywords":18},"IOI Corporation Berhad (IOI) refer to a letter from US Customs and Border Protection (CBP) to a Mr. Andy Hall, Migrant Worker Rights Specialist, dated...",{"id":923,"title":924,"source":7,"body":925,"published":9,"date":926,"image":927,"updated_at":930,"created_at":898,"metatag":931},63,"Statement in Response to Finnwatch’s Report Entitled Migrant Workers’ Rights in Oil Palm Estates in Malaysia, Case: IOI Group, Mekassar","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(34).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) refers to Finnwatch’s report published on 30 June 2021 and various media articles mentioning about the report. IOI acknowledges the report and takes its recommendations as part of our continuous improvement on existing systems and processes.\u003C/p>\u003Cp>According to the report, the investigation was conducted through video interviews with 7 workers using a mobile phone connection which were translated by the complainant, as well as obtaining photographs of employees’ living conditions and various documents sent by IOI. The 7 workers are all from India and based at Mekassar Estate, one of IOI’s 103 plantation operating units in Malaysia which collectively employ approximately 16,000 workers.\u003C/p>\u003Cp>IOI has been committed to the “No Recruitment Fees Policy” since 2017. However, the report fails to differentiate between recruitment fees and collection of illegal monies from the workers at their source country by unknown person which is unverified and undocumented. Under the \u003Cstrong>International Labour Organisation’s (ILO) definition of recruitment fees\u003C/strong>, these payments fall under \u003Ci>“illegitimate, unreasonable and undisclosed costs”\u003C/i> and should not be recognised as recruitment fees. IOI strongly condemns this type of illegal practices. As the activities took place at the source country and are beyond IOI’s jurisdiction, cooperation from the source country’s government is required to prevent such violation and exploitation from recurring. Reimbursement of illegally collected monies would only encourage further illegal collection of money from workers and could violate anti-bribery and anti-corruption regulations. IOI has reported the matter to the Indian Embassy for formal investigation and has suspended the recruitment agency (which was alleged to be affiliated to the unknown person) as well as the recruitment of workers from India.\u003C/p>\u003Cp>On IOI’s commitment to make ex-gratia payments to workers who had been charged recruitment fees before the introduction of our no-recruitment fees policy, payments had been made in phases. 635 workers eligible to receive the ex-gratia payment had been paid between late 2017 and 2019 and the balance 283 workers eligible for the payment were also paid by June 2021.\u003C/p>\u003Cp>IOI’s recruitment process is governed by our “Foreign Workers Recruitment Guideline & Procedure” established in 2017, in line with IOI Sustainable Palm Oil Policy and ILO’s requirements. IOI has always taken steps to conduct workers’ interview and to brief them on the nature of their work in the presence of a translator. A video on IOI’s company profile and job functions is also shown to the workers during the recruitment process at the source country before they sign the contract.\u003C/p>\u003Cp>Under IOI’s “Guideline for Minimum Wage & Leave Pay”, our workers are guaranteed to receive at least the statutory minimum wage. This is in line with national regulation, collective agreement with the National Union for Plantation Workers (NUPW) and industry practice. Further, to address potential wage payment issues, IOI has issued the “Worker’s Work Verification Guideline” to provide a transparent process for workers to verify their working hours and wages calculation in order to ensure fair payment. As part of IOI’s commitment towards fair and decent wages for our workers, IOI took part in \u003Cstrong>“The Fair and Decent Wage Study”\u003C/strong>, which was conducted independently and financed fully by Monash University. The objective of the study was to develop a pragmatic benchmarking on fair and decent wage for plantation workers and it was based on the Anker method.\u003C/p>\u003Cp>IOI views the findings in the report seriously and will strive to further improve the implementation of our labour policies as well as the working conditions in our plantations. We have been engaging with Finnwatch on this case since August 2020, and the progress has been reported on our website at \u003Ca href=\"https://www.ioigroup.com/Files/news/pdf/IOI_Grievance_others.pdf\">here\u003C/a>.\u003C/p>\u003Cp>Within the next few months, IOI will undergo an audit supervised by one of our key customers and assisted by a reputable international labour rights consulting firm. The audit will cover a broad spectrum of our plantation operating units and will seek to ascertain any non-compliance with our labour policies or unsatisfactory working conditions faced by our 16,000 workers in Malaysia.\u003C/p>\u003Cp>IOI has been working with a number of local and international labour rights experts and NGOs during the last five years to monitor the implementation of our labour policies. Reports by some of these experts and NGOs have been complimentary, while others have been critical like this Finnwatch’s report. The critical reports have caused some demoralisation and disappointment among our 2,500 supervisory employees in the plantation operating units who have put in a lot of effort to ensure the proper implementation of our company’s labour policies and practices. Nevertheless, we will continue to further engage, raise awareness and train our supervisory employees on responsible business conducts and address grievances swiftly.\u003C/p>\u003Cp>Finally, IOI is committed and determined to achieve our objective of being a responsible and exemplary company in respecting labour rights and providing productive employment as well as good working environment for our employees.\u003C/p>","2021-07-02T00:00:00.000000Z",{"name":928,"file_name":928,"url":929},"ioi_group34.jpg","https://www.ioigroup.com/storage/738/ioi_group34.jpg","2025-05-04T07:25:43.000000Z",{"meta_title":924,"meta_description":932,"meta_keywords":18},"IOI Corporation Berhad (IOI) refers to Finnwatch’s report published on 30 June 2021 and various media articles mentioning about the report. IOI acknow...",{"id":934,"title":935,"source":7,"body":936,"published":9,"date":937,"image":938,"updated_at":898,"created_at":898,"metatag":941},64,"IOI to Empower Start-Ups and Support Innovation Ecosystem in Accelerating Innovations in Agritech and the Palm Oil Sector","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IOIxMaGIC.jpg\" alt=\"\" />\u003C/div>\r\n\r\n    \u003C/div>\u003C/div>\u003Cbr />\u003Cp>IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil company, is providing opportunities for start-ups to offer technology solutions in addressing the current challenges in agriculture and palm oil sector, as well as to develop new innovative palm-based products.\r\n\u003Cbr />\r\n\u003Cbr />By collaborating with Malaysian Global Innovation & Creativity Centre (MaGIC) through the National Technology and Innovation Sandbox (NTIS), IOI will be providing a platform for ideation and interactions with various actors in the innovation eco-system, helping start-ups and young founders fundraise and scale.\r\n\u003Cbr />\r\n\u003Cbr />IOI expects innovations powered by Industry 4.0 will drive the industry’s transformation in boosting sustainable production, making rapid progress in circularity and transitioning to net-zero emissions.\r\n\u003Cbr />\r\n\u003Cbr />IOI Group Managing Director and Chief Executive Dato Lee Yeow Chor said: “The initiative is in line with our commitment to innovation in enhancing our productivity, promote circularity as well as to increase our resilience and competitiveness for the future. It is also aimed to engage and inspire our youth and start-ups in entrepreneurship, help them take actionable steps to achieve their aspirations, and contribute to economic growth and job creation”. \r\n\u003Cbr />\r\n\u003Cbr />Innovation and technology will be instrumental for IOI to achieve its five-year strategic plan that was initiated in March 2020. Dato’ Lee added: “Our five strategic priorities are underpinned by technologies, from digital tools to bioscience technology. Digitalisation and automation enable us to execute our strategies more effectively and efficiently so we can remain competitive and propel the organisation to the digital core era.”\r\n\u003Cbr />\r\n\u003Cbr />Amiruddin Abdul Shukor, Acting Chief Executive Officer of MaGIC, said: “The agriculture sector, despite being one of the world’s oldest industries, has remained as the least digitised industry in the world. And like other industries that were hit due to the pandemic, this sector has faced challenges that forces it to innovate and digitalise in order to remain competitive. NTIS provides the opportunity for new local innovations that can modernise Malaysia’s agriculture sector, where local innovators will be able to test and validate their solutions with both public and private companies that they partner with”. \r\n\u003Cbr />\r\n\u003Cbr />Currently, almost 20% of NTIS applicants are offering solutions for the agriculture & forestry sector.  \r\n\u003Cbr />\r\n\u003Cbr />“We matchmake solutions offered by our applicants to real industry problems faced by our stakeholders as our core initiative. We hope that this collaboration with IOI Corporation will help to address the current challenges in the palm oil sector through the adoption of technology while providing the access to our local innovators for testing and R&D that can unlock commercialisation of innovative solutions.” said Amiruddin.\r\n\u003Cbr />\r\n\u003Cbr />NTIS was launched in August 2020 and is spearheaded by the Ministry of Science, Technology and Innovation (MOSTI), with the support from MaGIC, Technology Park Malaysia (TPM) and MIMOS Bhd as the secretariat to enable and coordinate NTIS’ rollout. NTIS’ aims to reduce dependency on foreign labour, increase employment opportunities for Malaysians, increase Gross Domestic Product/Gross National Income, enhance the participation, investment and collaboration in research by the private sector as well as improve the country’s commercialisation rate. \r\n\u003Cbr />\r\n\u003Cbr />The initiative is a timely platform to empower youth and start-ups, as well as to foster a vibrant ecosystem for innovations and sustainable growth.\r\n\u003Cbr />\r\n\r\n\u003C/p>","2021-08-20T00:00:00.000000Z",{"name":939,"file_name":939,"url":940},"ioixmagic.jpg","https://www.ioigroup.com/storage/739/ioixmagic.jpg",{"meta_title":935,"meta_description":942,"meta_keywords":18},"IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil company, is providing opportunities for start-ups to offer technolo...",{"id":944,"title":945,"source":7,"body":946,"published":9,"date":947,"image":948,"updated_at":898,"created_at":898,"metatag":951},65,"IOI Bio-Energy Recognised as Leader in Renewable Energy","\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/NEA.jpg\" alt=\"\" />\u003C/div>\r\n\u003C/div>\r\n\u003Cbr />\r\n\u003Cp>\u003C/p>\r\n\u003Cbr />IOI Bio-Energy Sdn Bhd (IOIBE) has emerged as the Winner in Renewable Energy in the Cogeneration category during the coveted National Energy Awards (NEA) held on 11 September 2021. During the virtual award ceremony officiated by the Minister of Energy and Natural Resources, Yang Berhormat Datuk Seri Takiyuddin bin Hassan, IOIBE walked away with a trophy and cash prize of RM40,000 in recognition of the enhancement made to its steam boiler.\u003C/div>\r\n\u003Cdiv class=\"row\">\u003Cbr />The award-winning steam boiler was designed, constructed, installed and commissioned by IOIBE’s in-house steam engineers in October 2019, and utilises empty fruit bunches fibres and palm kernel shells as fuel to generate power. The steam boiler’s enhanced design help to improve IOIBE’s overall energy efficiency while decreasing greenhouse gas emissions and minimising the impact on the environment. This is the second NEA award after IOI Edible Oils Sdn Bhd (IOIEO) clinched the trophy for Energy Management in Large Building category in 2018. Both IOIBE and IOIEO are located in Sandakan, Sabah.\u003C/div>\r\n\u003Cdiv class=\"row\">\u003Cbr />\r\n\u003Cdiv class=\"row\">\r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n\u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width: 100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/renewable-energy.jpg\" alt=\"\" />\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003C/div>\r\n\u003Cdiv class=\"row\">\u003C/div>\r\n\u003Cdiv class=\"row\">The NEA 2021 returned for the fourth consecutive year and was organised by the Ministry of Energy and Natural Resources. It is one of Malaysia’s most prestigious awards that drives the sustainable energy agenda. This year, the organiser received 228 applicants in 19 sub-categories vying for recognition for their renewable energy and energy efficiency initiatives. In total, 18 winners and 14 runners-up were selected by a team of experienced judges through a rigorous and stringent evaluation process.\u003Cbr />\u003Cbr />Going forward, IOIBE will continue to strive for renewable energy leadership, which is in line with IOI Corporation Berhad’s (IOI) commitment to reduce its overall carbon output through the IOI Climate Change Action initiative (\"CCAi\") and by integrating the practices of the 7Rs (Rethink, Repurpose, Recycle, Reuse, Reduce, Recover and Repair) of the Circular Economy at the workplace.\u003Cbr />\u003Cbr /> \u003C/div>","2021-10-20T00:00:00.000000Z",{"name":949,"file_name":949,"url":950},"nea.jpg","https://www.ioigroup.com/storage/740/nea.jpg",{"meta_title":945,"meta_description":952,"meta_keywords":18},"IOI Bio-Energy Sdn Bhd (IOIBE) has emerged as the Winner in Renewable Energy in the Cogeneration category during the coveted National Energy Awards (N...",{"id":954,"title":955,"source":7,"body":956,"published":9,"date":957,"image":958,"updated_at":898,"created_at":898,"metatag":961},66,"Countering Child Labour via Education Post-Covid: IOI’s 2021 Action Pledge with ILO","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/1(7).jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>IOI Child Education Initiative is timely as we emerged from the Covid-19 pandemic which has disrupted children's education. We launch the initiative on-site in Sandakan and joined by participants at IOI HQ (pix above) to enable our plantation employees' children to continue their learning and social interactions for after-school hours. (File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cp>\u003Cbr />IOI Corporation Berhad (IOI) launched its IOI Child Education Initiative to provide additional educational platform access for its plantation employees’ children in Sabah. The event, which took place in a hybrid mode on 13 December 2021, involved more than 120 participants and attendees from IOI headquarters and estates in both Sandakan and Lahad Datu regions in Sabah, IOI’s Sustainability Advisory Panel members as well as representatives from the International Labour Organization (ILO) and Humana Child Aid Society Sabah (HUMANA).\r\n\u003Cbr />\r\n\u003Cbr />The launch of IOI Child Education Initiative forms part of ILO’s International Year for the Elimination of Child Labour. IOI submitted its pledge “To Counter Child Labour via Education Post-Covid: Providing Full-Day Zero Cost Educational Platform Access to our Employees’ Children” to ILO in April 2021 to reflect IOI’s commitment to eliminate all forms of illegal, forced, bonded, compulsory and child labour as stated in its Sustainable Palm Oil Policy.\r\n\u003Cbr />\r\n\u003Cbr />“IOI strongly believes in providing educational opportunities to all children regardless of their background. With proper education, children will get a head start in life as they become more empowered,” said IOI Group Managing Director and Chief Executive Dato’ Lee Yeow Chor. “Currently, about 3000 children of our plantation employees aged between 6 to 17 years old are attending classes in 27 HUMANA schools and 12 Community Learning Centres during normal school hours, making us the largest private provider of plantation-based education in Sabah,” he added.\u003C/p>\r\n\r\n\r\n\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/IMG-20211214-WA0005(1).jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>Sharing the joy of learning. IOI Plantation Director Mr NB Sudhakaran (third from left) and IOI Plantation Senior Plantation Controller (Sandakan Region) Mr Kumaresh Ragunathan (third from right) posing for a group picture with the on-site launch committee as well as HUMANA schoolchildren with their free schoolbags at Sandakan, Sabah. (File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cp>\u003Cbr />\r\n\r\nIOI Child Education Initiative will continue to enhance IOI’s present efforts in providing basic education to children of migrant workers living within our estates, a commitment that started about 25 years ago through the IOI-HUMANA collaboration. To date, IOI has spent tens of millions in constructing buildings for the schools, Community Learning Centres and teachers’ accommodation, as well as providing free utilities and subsidising teachers’ salaries. Going forward, IOI will spend about RM6 million a year for paying the teachers’ extra allowances as well as providing the children with nutritious lunches, free uniforms, school bags and stationeries through its charitable foundation IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng).\u003C/p>\u003Cp>\r\n\r\n\u003C/p>\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/20211213_162325%20(1)(1).jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>Dato’ Lee Yeow Chor (centre) accompanied by IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Executive Director Datin Joanne Wong (left) and IOI Group Head of Sustainability Dr Surina Ismail (right) taking a ‘group picture’ at IOI HQ with the virtual participants (background screen) who attended the launch of IOI Child Education Initiative. (File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cp>\u003Cbr />\r\n\r\nIOI has collaborated with ILO in making this pledge as we firmly believe that we can help to provide children with better and more varied opportunities which can help to eliminate exploitation such as child labour. This initiative can also help to reduce the risk of having children working in oil palm estates especially during after-school hours by providing these children with further access to educational platforms for after-school hours period. Therefore, we are introducing various educational platforms to bridge the educational gaps of children in our operations and helping to facilitate them towards the path of higher education. We are focusing on providing offline education platforms due to unstable internet connections as most of our migrant workers with children are in poorly connected areas in Sabah.\r\n\u003Cbr />\r\n\u003Cbr />IOI Child Education Initiative is also very much in alignment with IOI’s adoption of United Nations Sustainable Development Goal (UNSDG) 8 (Decent Work and Economic Growth) and UNSDG 17 (Partnerships for the Goals) and our three pillars of sustainability which is people, planet & prosperity.\r\n\u003C/p>\u003Cp>For more pictures, check out our \u003Ca href=\"https://www.instagram.com/ioicorporation\" target=\"_blank\">Instagram\u003C/a> page! \u003C/p>","2021-12-15T00:00:00.000000Z",{"name":959,"file_name":959,"url":960},"17.jpg","https://www.ioigroup.com/storage/741/17.jpg",{"meta_title":955,"meta_description":962,"meta_keywords":18},"IOI Child Education Initiative is timely as we emerged from the Covid-19 pandemic which has disrupted children's education. We launch the initiative o...",{"id":964,"title":965,"source":7,"body":966,"published":9,"date":226,"image":967,"updated_at":898,"created_at":898,"metatag":970},67,"A Commemorative Biography of Our Late Tan Sri Lee Shin Cheng","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-6 offset-md-3\">\r\n \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/Chinese%20book%20cover.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\r\n\u003Cem>(File pic by IOI Corporation).\u003C/em>\u003C/div>\u003C/div>\u003C/div>\u003Cp>\u003Cbr />Founder of IOI Group and IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), Tree Whisperer, Business Magnate, and Philanthropist….\u003Cbr />\u003Cbr />These are just some of the words to describe the late Tan Sri Dato’ Dr Lee Shin Cheng. The list runs longer for those of us who know him well. Though he has left us on 1 June 2019, he continues to remain as an unforgettable legend among us, a role model and beloved icon admired and sorely missed. \u003Cbr />\u003Cbr />Through Tan Sri Dato’ Dr Lee’s vision, hard work and enterprising spirit, our IOI Corporation Berhad and IOI Properties Group Berhad have grown to become leading corporations in their respective sectors, locally, regionally and globally.\u003Cbr />\u003Cbr />His life story has inspired and impacted many people from all walks of life. His legacy continues to live on in a commemorative biography (Chinese version) that has just been published. If you are interested in his life story, you can now purchase a copy of his biography online at \u003Ca href=\"https://dajiang.com.my/product/LeeShinCheng/\" target=\"_blank\">https://dajiang.com.my/product/LeeShinCheng/\u003C/a>. \u003C/p>\u003Cp>The English version is expected to be published by end-April 2022.\u003Cbr />\u003Cbr /> \u003C/p>",{"name":968,"file_name":968,"url":969},"chinese_book_cover.jpg","https://www.ioigroup.com/storage/742/chinese_book_cover.jpg",{"meta_title":965,"meta_description":971,"meta_keywords":18},"(File pic by IOI Corporation).Founder of IOI Group and IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), Tree Whisperer, Business Mag...",{"id":973,"title":974,"source":7,"body":975,"published":9,"date":976,"image":977,"updated_at":980,"created_at":981,"metatag":982},52,"Dato’ Lee Yeow Chor Elected as New Chairman of MPOA","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IMG_4280_Dato.jpg\" alt=\"\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>The Malaysian Palm Oil Association (MPOA) has appointed Dato’ Lee Yeow Chor, Group Managing Director and Chief Executive of IOI Corporation Berhad as its new Chairman, for the term 2020 – 2022 during its Annual General Meeting and Council Meeting held on the 29 June 2020. Dato’ Lee succeeds this position from Datuk Franki Anthony Dass who retires after serving the Association from 2016 to 2020. Dato’ Lee was the Chairman of Malaysian Palm Oil Council (MPOC) from February 2009 to March 2020. \u003Cbr>\u003Cbr>Dato’ Lee’s vast and long experience in the industry will definitely give MPOA the added boost in addressing issues plaguing the plantation sector. In the same appointment, Mr Au Yong Siew Fah, Chief Executive Officer of Hap Seng Plantations Holding Berhad, was re-elected as the Vice Chairman of the association. MPOA, established since 1999, is a national association comprising 121-member plantation companies which own and/or manage a combined total of 1.82 million hectares or 40% of oil palm planted area, making it the single largest association representing the industry in Malaysia. \u003Cbr> \u003C/p>","2020-07-03T00:00:00.000000Z",{"name":978,"file_name":978,"url":979},"img_4280_dato.jpg","https://www.ioigroup.com/storage/727/img_4280_dato.jpg","2025-05-04T07:27:32.000000Z","2025-05-02T11:55:57.000000Z",{"meta_title":974,"meta_description":983,"meta_keywords":18}," The Malaysian Palm Oil Association (MPOA) has appointed Dato’ Lee Yeow Chor, Group Managing Director and Chief Executive of IOI Corporation Berhad as...",{"id":985,"title":986,"source":7,"body":987,"published":9,"date":988,"image":989,"updated_at":992,"created_at":981,"metatag":993},53,"Response to Chain Reaction Research’s report on Aspirasi Kristal","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(20).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) appreciates and shares Chain Reaction Research (CRR)’s concerns over Aspirasi Kristal (Aspirasi)’s forest clearing and possible leakage of non-NDPE material into IOIC’s supply chain. In this respect, IOIC issued a statement on 19 June 2020 setting out our findings after we first learnt about this matter and the alleged links to IOIC.\u003Cbr>\u003Cbr>It is important to note that IOIC has no ownership link to Aspirasi.  The report attributes the presence of the ownership link to the fact that two members of the Lee family who are Aspirasi’s shareholders are affiliated, in one way or another, with IOIC. This is not the case.  \u003Cbr>\u003Cbr>Ms. Lee Yoke Har sits on board of directors of IOI Properties Group (IOIPG), not IOIC’s. Ms. Lee Yoke Hui has left IOIC in August 2015.  As far as the relation between IOIPG and IOIC is concerned, these two companies do not share the same holding company thus, according to Malaysian company law, they are not related entities. The common acronym “IOI” is due to historical reasons and today, IOIPG is a separately listed company with its own independent board of directors.\u003Cbr>\u003Cbr>As explained in our \u003Ca href=\"https://www.ioigroup.com/Files/sustainability/pdf/IOI_Update%20on%20Aidenvironment_Earth%20Equaliser%20Monitoring%20Regarding%20Aspirasi%20Kristal.pdf\">statement\u003C/a> issued on 19 June 2020, Aspirasi is an independently-run company without any legal ties to nor managed by IOIC. The company was established in 2011 by the founding shareholder who has been managing the company all this while and the two Miss Lees were invited to invest in the company around 2015/2016.\u003Cbr>\u003Cbr>As stated also in our said statement, we have already contacted our third-party suppliers in the region to bring Aspirasi’s case to their attention and to prevent non-compliant FFB crop from entering our supply chain. We will closely monitor the case and include it in our grievance list.\u003Cbr>\u003Cbr>In the course of our earlier engagement with Aspirasi, IOIC has advised Aspirasi to consider stopping any further clearing on the disputed area and to conduct an HCV assessment, these being the important first steps towards Aspirasi’s compliance with the NDPE policy.\u003Cbr>\u003Cbr>IOIC remains committed to the NDPE policy and will work with all stakeholders towards its effective implementation across the palm oil industry. We value highly CRR and its partner Aidenvironment’s contribution to this common goal.   \u003C/p>\u003Cp> \u003C/p>","2020-07-13T00:00:00.000000Z",{"name":990,"file_name":990,"url":991},"ioi_group20.jpg","https://www.ioigroup.com/storage/728/ioi_group20.jpg","2025-05-04T07:27:23.000000Z",{"meta_title":986,"meta_description":994,"meta_keywords":18},"IOI Corporation Berhad (IOIC) appreciates and shares Chain Reaction Research (CRR)’s concerns over Aspirasi Kristal (Aspirasi)’s forest clearing and p...",{"id":996,"title":997,"source":7,"body":998,"published":9,"date":999,"image":1000,"updated_at":1003,"created_at":981,"metatag":1004},54,"IOIC Wins Three Awards in Alpha Southeast Asia’s Corporate-Institutional Investor Poll","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/10th%20IICA%20Logo[3][1][2].jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) has won three main award categories at Alpha Southeast Asia’s 10\u003Csup>th\u003C/sup> Annual Institutional Investor Corporate Award 2020. IOIC was named as one of the top six leading companies in the country and was also recognised for being top in terms of \u003Cstrong>Strongest Adherence to Corporate Governance\u003C/strong> and \u003Cstrong>Best Senior Management IR Support\u003C/strong>. In addition, Mr Lee Tuan Meng won his maiden \u003Cstrong>Best CFO in Malaysia\u003C/strong> award. \u003Cbr>\u003Cbr>As the first and only poll focused on Southeast Asia, this corporate-institutional investor poll is the leading perceptions-based poll in performance in financial management, adherence to corporate governance, integrated reporting/ corporate social responsibility and investor relations. \u003Cbr>\u003Cbr>More than 426 investors and analysts across the region as well as US & Europe participated in this year poll. The participants included fund managers with investment interests in Southeast Asia, large institutional investors, insurance companies, pension funds, funds of hedge funds, private banks, equity and fixed income brokers as well as buy and sell-side analysts. \u003Cbr>\u003Cbr>In all, 26 Southeast Asian publicly-listed companies were ranked this year in the midst of COVID-19 and winners of this poll represents the cre`me-de-la cre`me of best practices whether it be on corporate governance, investor relations, disclosure, transparency, financial management, integrated reporting, corporate social responsibility and/or dividend policy. \u003Cbr> \u003C/p>","2020-08-06T00:00:00.000000Z",{"name":1001,"file_name":1001,"url":1002},"10th_iica_logo312.jpg","https://www.ioigroup.com/storage/729/10th_iica_logo312.jpg","2025-05-04T07:27:14.000000Z",{"meta_title":997,"meta_description":1005,"meta_keywords":18},"IOI Corporation Berhad (IOIC) has won three main award categories at Alpha Southeast Asia’s 10th Annual Institutional Investor Corporate Award 2020. I...",{"id":1007,"title":1008,"source":7,"body":1009,"published":9,"date":1010,"image":1011,"updated_at":1014,"created_at":981,"metatag":1015},55,"IOI Response to Malaysiakini Articles Published 17 September 2020","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(25).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Bhd (IOI) appreciates the effort made by Malaysiakini and its partners in Indonesia in highlighting the importance of eliminating the scourge of frequent, large-scale fires affecting many parts of Indonesia. Year in and year out, large swaths of forest and land have been burned, destroying biodiversity, contributing to global warming and causing haze that affects health and lives of many people in Indonesia, Singapore and Malaysia.\u003C/p>\u003Cp>The fire outbreaks in Indonesia, during the dry season, have many other contributing factors in addition to global warming, including El Nino and Indian Ocean Dipole weather phenomena. These factors should be scientifically and objectively analysed and a comprehensive action plan drawn by stakeholders. Zeroing on PT KPAM and pointing the finger on growers, especially those who are members of RSPO, MSPO and ISPO, might not be the most effective way of addressing the problem. \u003C/p>\u003Cp>RSPO, MSPO and ISPO members, including IOI, can’t and would not use fire to clear land. It is prohibited, it is wrong, and it would be unthinkable for a well-established grower to do so and face the risk of losing its business, as a result. Land clearing is always done by heavy machinery, which we, whenever it is possible, make also available to local communities to help them with clearing their own farmland.\u003C/p>\u003Cp>IOI indeed does not see any connection between land clearing by machinery and then planting oil palms, on one hand, and these two activities causing an increased risk of or exacerbating subsequent fires, on the other hand. There is no scientific evidence or even logical explanation of that. Land clearing in case of RSPO, MSPO and ISPO members has to follow very strict principles, criteria and guidelines. No land clearing and planting in case of PT KPAM, in 2019, were conducted in any breach of these strict regulations. Furthermore, we replanted the burned area this year, only after we have received the necessary approvals from Indonesian authorities.\u003C/p>\u003Cp>Finally, a relatively large river cuts through our PT. KPAM concession. It is teeming with activities: fishing, hunting, and farming on its banks. Even residents of Central Kalimantan, which is not far away, come by river to this area. To complicate things further, there is also a third-party alluvial gold mining operation on Sungai Berais, with its own set of activities. This makes this area a high fire hazard area, very difficult to manage during the dry season.\u003C/p>\u003Cp>IOI recognizes the importance of the issues raised by Malaysiakini and its Indonesian partners, and we are always ready to provide more information and share our experience in order to jointly find practical and workable solutions. \u003Cbr> \u003C/p>","2020-09-17T00:00:00.000000Z",{"name":1012,"file_name":1012,"url":1013},"ioi_group25.jpg","https://www.ioigroup.com/storage/730/ioi_group25.jpg","2025-05-04T07:26:56.000000Z",{"meta_title":1008,"meta_description":1016,"meta_keywords":18},"IOI Corporation Bhd (IOI) appreciates the effort made by Malaysiakini and its partners in Indonesia in highlighting the importance of eliminating the...",{"id":1018,"title":1019,"source":7,"body":1020,"published":9,"date":1021,"image":1022,"updated_at":1025,"created_at":981,"metatag":1026},56,"Dato’ Lee Yeow Chor Named 2020 DX CEO By IDC Malaysia","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/DXa%202020_Country%20Winner%20Badge.png\">\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI)’s Group Managing Director and Chief Executive Dato’ Lee Yeow Chor has been named the 2020 DX CEO in Malaysia by IDC Malaysia in the IDC Digital Transformation (DX) Awards 2020 Malaysia. The announcement came at the virtual IDC DX Summit and Awards 2020 ceremony held on IDC’s new integrated content hub, IDC Arena on 12 October 2020.\u003C/p>\u003Cp>\u003Cimg style=\"height:439.12px;width:843px;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/DX%20Awards%202020%20Individual%20Social%20Tile-IOI%20Corporation%20Berhad.JPG\">\u003C/p>\u003Cp>\u003Cbr>International Data Corporation (IDC) is the premier global provider of market intelligence and advisory services that examines consumer markets by devices, applications, networks, and services to provide complete solutions for succeeding in these expanding markets. \u003Cbr>\u003Cbr>Dato’ Lee received the DX CEO award from IDC in recognition of his bold vision and dynamic leadership in using technology and introducing digitalisation across the whole IOI Group. Embracing technology and digitalisation as a business enabler and transformational tool, he drove the implementation of IOI’s winning project - the ONE IOI Integrated Platform (ONE IOI). \u003Cbr>\u003Cbr>The Group-wide ONE-IOI initiative streamlined IOI’s diverse and stand-alone systems into a single unified platform environment. It significantly improved IOI’s overall operational efficiency and productivity to cope with the ever-changing market conditions and business environment. \u003Cbr>\u003Cbr>Under Dato’ Lee’s leadership, IOI has implemented the SAP platform and the digital plantation monitoring system to modernise its primary agriculture business. The project involved 107 business units across 170,000 hectares of land and over 2,000 users. According to Dato’ Lee, “At IOI, having completed this programme, we have become more resilient and ready to transform to the next stage of efficiency and innovativeness. The future of digital is now.\"\u003Cbr>\u003Cbr>Dato’ Lee’s award acceptance message can be found \u003Ca href=\"https://youtu.be/rxIiY2N5rDY\">here\u003C/a>. \u003Cbr>\u003Cbr> \u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI’s digital transformation project was selected among 1200 entries received from end-user organisations across the Asia Pacific. As the country winner, IOI will compete against other country winners in the same category for the regional-level awards during the IDC Digital Transformation Summit Singapore which will take place on the IDC Arena on 23 October 2020. \u003Cbr> \u003C/p>\u003Cp> \u003C/p>","2020-10-12T00:00:00.000000Z",{"name":1023,"file_name":1023,"url":1024},"dxa_2020_country_winner_badge.png","https://www.ioigroup.com/storage/731/dxa_2020_country_winner_badge.png","2025-05-04T07:26:48.000000Z",{"meta_title":1019,"meta_description":1027,"meta_keywords":18}," IOI Corporation Berhad (IOI)’s Group Managing Director and Chief Executive Dato’ Lee Yeow Chor has been named the 2020 DX CEO in Malaysia by IDC Mala...",{"id":1029,"title":1030,"source":7,"body":1031,"published":9,"date":1032,"image":1033,"updated_at":1036,"created_at":981,"metatag":1037},57,"Notification of Scams","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(26).jpg\" alt=\"\">\u003C/p>\u003Cp>It has come to our attention that a number of unauthorised individuals or organisations are falsely using “\u003Cstrong>IOI Group Investment\u003C/strong>” in an attempt to defraud members of the public and potential investors via any unsolicited telecommunication or other unsolicited communications purportedly originating from, or implying an affiliation with IOI Group or any of our subsidiaries within our Group of Companies. \u003Cbr>\u003Cbr>We affirm that IOI Group is not involved in any unsolicited capital markets investment to individuals. We are a leading global integrated and sustainable palm oil player that is listed on the Main Market of Bursa Malaysia Securities Berhad and trading as MYX: 1961. Our operations consist of the plantation business which covers Malaysia and Indonesia, while our downstream resource-based manufacturing business includes refining of palm oil as well as manufacturing of oleochemical and specialty oils and fats, which has a growing presence in Asia, Europe and USA. IOI Group does not operate through other agents nor endorse any activities of any bank, financial institution, or other public or private agency. \u003Cbr>\u003Cbr>IOI Group would like to alert the public that IOI Group’s name and emblem have been fraudulently used by unscrupulous individuals in various forms of cross-border fraud, investment fraud, advanced fee scams and similar scams (sent by virtual communication such as email and Whatsapp, or hard-copy letter) to induce potential investors. These identity fraud and financial fraud include ‘phishing’ attacks, in which the names of IOI Group officials have been misused to deceive recipients into disclosing personal and financial information, and ‘spoofing’ attempts, in which a false copy of IOI Group Investment’s website has been created with false contact information, to mislead potential users. \u003Cbr>\u003Cbr>We wish to stress that IOI Group is neither the author of, nor in any other way associated with such fraudulent activities. IOI Group does not issue or guarantee any obligations called “Trading Platform”, “Forex Trading Account”, “CFD”, “Wallet App” or the like, nor do we extend any credit lines through commercial banks or other agencies. Moreover, we do not guarantee any financial instruments issued by any member country or any other entity. We do not sponsor investment programmes, “high-yield financial programmes” or issue to countries or to outside parties a “IOI Group number”, “IOI Group Company Registration Number”, or the likes. \u003Cbr>\u003Cbr>Please note that any offers/benefits/contents/instructions presented in such misleading communications impersonating IOI Group does not represent the organisation. If any such entity fraudulently representing IOI Group approaches you, refrain from responding to them. We urge members of the public to be cautious and vigilant, and not fall victim to this scam. \u003Cbr> \u003C/p>","2020-10-13T00:00:00.000000Z",{"name":1034,"file_name":1034,"url":1035},"ioi_group26.jpg","https://www.ioigroup.com/storage/732/ioi_group26.jpg","2025-05-04T07:26:24.000000Z",{"meta_title":1030,"meta_description":1038,"meta_keywords":18},"It has come to our attention that a number of unauthorised individuals or organisations are falsely using “IOI Group Investment” in an attempt to defr...",{"id":1040,"title":1041,"source":7,"body":1042,"published":9,"date":1043,"image":1044,"updated_at":981,"created_at":981,"metatag":1047},58,"IOI Wins Two Prestigious Awards at The Edge BRC 2020","\u003Cdiv class=\"row\">    \r\n\u003Cdiv class=\"col-md-8 offset-md-2\">\r\n    \r\n    \u003Cdiv style=\"text-align: center;\">\u003Cimg style=\"width:100%; text-align: center;\" src=\"https://www.ioigroup.com/Files/News/image/C1.jpg\" alt=\"\" />\u003C/div>\r\n\r\n\u003Cdiv style=\"font-size: 10pt;line-height: normal; text-align: center;\">\u003Cbr />\u003C/div>\u003C/div>\r\n    \r\n\u003Cp>IOI Corporation Berhad (IOI) received the \u003Cstrong>Highest Return on Equity Over Three Years\u003C/strong> and the\u003Cstrong> Highest Growth in Profit After Tax Over Three Years\u003C/strong> awards at the 11\u003Csup>th\u003C/sup> Annual The Edge Billion Ringgit Club (BRC) 2020. IOI was bestowed with the two prestigious corporate awards based on its outstanding throughout the evaluation period (FY2016 to FY2019).\u003Cbr />\u003Cbr />IOI was among the top 35 companies to receive a total of 45 awards. Currently, IOI is one of the 161 elite members this year whose combined market cap constituted 90.8% of the total market cap of companies on Bursa as at end-March 2020. IOI is honoured to be named as one of Corporate Malaysia’s crème de la crème in recognition of its continued corporate excellence on the backdrop of challenging times in the face of COVID-19.\u003C/p>\u003C/div>","2020-12-14T00:00:00.000000Z",{"name":1045,"file_name":1045,"url":1046},"c1.jpg","https://www.ioigroup.com/storage/733/c1.jpg",{"meta_title":1041,"meta_description":1048,"meta_keywords":18},"IOI Corporation Berhad (IOI) received the Highest Return on Equity Over Three Years and the Highest Growth in Profit After Tax Over Three Years awards...",{"id":1050,"title":1051,"source":7,"body":1052,"published":9,"date":1053,"image":1054,"updated_at":1057,"created_at":981,"metatag":1058},59,"IOI Corporation Berhad Recognised as Leader For  Commitment to Eliminating Child Labour","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI_GCF.jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil player listed on the Main Market of Bursa Malaysia Securities Berhad, was placed in the Leader category, based on a study “The State of Children’s Rights and Business 2020 Southeast Asia” conducted by Global Child Forum (GCF).\u003Cbr>\u003Cbr>The GCF study ascertained that IOI has developed and implemented several policies and practices that address our organisation’s impact on children’s rights across several important areas including taking concrete steps to move beyond policies and embedding children’s rights into company practice, following-up through monitoring, transparent reporting and programmes to create action for children’s rights.\u003Cbr>\u003Cbr>GCF is a leading independent non-profit forum for children’s rights. Founded in 2009 by the Swedish Royal Family, GCF gathers leaders from governments, private sector, academia, and civil societies to promote cross-sector partnerships as well as to promote the sharing of knowledge and best practices in its efforts to achieve and strengthen children’s rights.\u003Cbr>\u003Cbr>According to the study by the GCF in collaboration with Boston Consulting Group, IOI received a benchmark score of 8.1 in the Food, Beverage & Personal Care sector. This regional study covers six countries, eight sectors and assesses companies against 27 indicators. IOI was among 232 corporations in Southeast Asia which were scored on how it addresses children’s rights in three pillars. It scored 9.4 out of 10 in the workplace for its decent work for young workers, parents, and caregivers in the prevention of child labour, and was given 7.2 for its community and environmental impacts.\u003Cbr>\u003Cbr>IOI Group Head of Sustainability Dr Surina Ismail said that the company has been supporting the establishment and operations of learning centers and daycare facilities for workers’ children by offering learning centers, namely Humana And Community Learning Centers (CLC) which targets the children of workers at school age level and prevents them from accompanying their parents onto the estates for work. Among its concrete programmes include protecting children’s rights, advancing the education of migrant children who are not registered in the system, and creating a positive impact in children’s lives. She added: “Children are our future. Our workers have the same ideals and want as we do, and it’s important to recognise that.”\u003Cbr>\u003Cbr>IOI was also benchmarked in 2016 and showed the highest increase in score among the companies in the Food, Beverage & Personal Care sector that were benchmarked both in 2016 and 2020.\u003Cbr>\u003Cbr>From the perspective of Governance, IOI has a Group Sustainability Steering Committee in place that reports directly to the Board to ensure that IOI embeds all its sustainability commitments within the economic, environmental, and social considerations underpinning the Group’s operations.\u003Cbr>\u003Cbr>For the full report of The State of Children's Rights and Business in Southeast Asia 2020, click \u003Ca href=\"https://www.globalchildforum.org/wp-content/uploads/2020/04/GCF-SEA-BM-2020-Full-report.pdf\">here\u003C/a>.\u003C/p>\u003Cp>For the Press Release in PDF, click \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Press Release_GCF 2020.pdf\">here\u003C/a>.\u003Cbr> \u003C/p>","2021-03-17T00:00:00.000000Z",{"name":1055,"file_name":1055,"url":1056},"ioi_gcf.jpg","https://www.ioigroup.com/storage/734/ioi_gcf.jpg","2025-05-04T07:26:12.000000Z",{"meta_title":1051,"meta_description":1059,"meta_keywords":18},"IOI Corporation Berhad (IOI), a leading global integrated and sustainable palm oil player listed on the Main Market of Bursa Malaysia Securities Berha...",{"id":1061,"title":1062,"source":7,"body":1063,"published":9,"date":1064,"image":1065,"updated_at":1068,"created_at":1069,"metatag":1070},44,"IOI’s Foundation Rewards 129 High-Achieving Students","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Webp.net-resizeimage%20(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Dato’ Lee and Datin Joanne Wong joining the YAA recipients on stage for a group photo after the award presentation ceremony.\u003C/i>\u003C/p>\u003Cp>IOI’s charity foundation, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), has awarded 129 top students with trophies, certificates and cash prizes at its 20\u003Csup>th\u003C/sup> Young Achievers’ Awards (YAA) presentation ceremony held at Palm Garden Hotel, IOI Resort City. \u003Cbr>\u003Cbr>The event brought together IOI employees and their high-achieving children from IOI Corporation Berhad’s (IOIC) subsidiaries in Peninsular Malaysia including those from HQ, Klang Valley, IOI Estates, IOI Oleochemical Industries Berhad in Penang, IOI Pan-Century in Johor, and IOI Properties Group Berhad. A total of RM56,100 was disbursed to these students who sat for their UPSR, PT3, O-Levels, SPM, A-Levels and STPM in 2018. \u003Cbr>\u003Cbr>Trustee of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng)-cum-IOIC Group Managing Director and Chief Executive Dato’ Lee Yeow Chor and IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Executive Director Datin Joanne Wong graced the occasion to present YAA trophies and certificates to the students. \u003Cbr>\u003Cbr>In his opening speech, Dato’ Lee credited the proud parents for their support and congratulated the students’ for their dedication to excel. His message to the young achievers, “Education is an investment that you are making for yourself in order to attain a brighter future, and it is the key to success in any endeavour. When you embrace qualities such as hard work, perseverance and determination, you are shaping your own future.” Beaming smiles and pride filled the hall, when parents witnessed their children walking away with their awards. \u003Cbr>\u003Cbr>Meanwhile, Ms Lai Xuan Yi, the winner of the A-Levels Gold Award shared her tips for success. Effective time management and discipline had enabled her to performed well in both examination and extra-curricular activities. Quoting “take the bull by the horns, there are always challenges in both life and studies, and we continue to learn from our experience”, the young and energetic recipient emphasised on the importance to self-organised and to lead a balanced lifestyle in order to attain success. \u003Cbr>\u003Cbr>Since the introduction of the YAA in 1999, over 1,626 young achievers have been recognised for their spirit of excellence. This bi-annual award is a platform for building a bright and better future for the young through educational support.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Webp.net-resizeimage%20(2).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>YAA recipient Ms Lai Xuan Yi likens her success to a balanced lifestyle by putting enough effort into study while also enjoying the aspects of being a student.\u003C/i>\u003C/p>","2019-07-06T00:00:00.000000Z",{"name":1066,"file_name":1066,"url":1067},"webpnet_resizeimage_1.jpg","https://www.ioigroup.com/storage/719/webpnet_resizeimage_1.jpg","2025-05-04T07:29:34.000000Z","2025-05-02T11:55:56.000000Z",{"meta_title":1062,"meta_description":1071,"meta_keywords":18},"Dato’ Lee and Datin Joanne Wong joining the YAA recipients on stage for a group photo after the award presentation ceremony.IOI’s charity foundation,...",{"id":1073,"title":1074,"source":7,"body":1075,"published":9,"date":1076,"image":1077,"updated_at":1080,"created_at":1069,"metatag":1081},45,"IOI and MPOC Jointly Organise Love MY Palm Oil 90 Short Film Contest","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20190817_112359%20(edited%20-%20resized_v2).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>The winning teams posed for a group picture during the prize-giving ceremony.\u003C/i>\u003C/p>\u003Cp>\u003Cbr>Putrajaya, 19 August 2019 – The Minister of Primary Industries Yang Berhormat (YB) Puan Teresa Kok officiated the prize-giving ceremony of the Love MY Palm Oil 90 Short Film Contest, which was organised by the Malaysian Palm Oil Council (MPOC) in collaboration with IOI Corporation Berhad (IOIC) on 17 August 2019 at IOI City Mall (ICM), Putrajaya.\u003C/p>\u003Cp>The contest, which ran from 15 May to 28 July 2019, was aimed at raising public awareness and instilling a greater sense of appreciation as well as national pride in Malaysian palm oil. Open to all Malaysians, participants submitted originally produced short films, not exceeding 90 seconds each. This contest is part of the year-long Love MY Palm Oil campaign, which was launched earlier this year by Yang Amat Berhormat Tun Dr Mahathir Mohamad. The campaign is an initiative by the Ministry of Primary Industry, undertaken by MPOC to instill pride and greater appreciation of the benefits of Malaysian Palm Oil.\u003Cbr>\u003Cbr>IOIC Group Managing Director and Chief Executive Dato’ Lee Yeow Chor, who is also the MPOC Chairman said, “The Love MY Palm Oil campaign, and in particular, this contest, is a great opportunity to educate the public regarding the truths of palm oil. IOIC is glad to be a co-sponsor of this contest and supporter of the Love MY Palm Oil campaign, together with MPOC. We hope that the public will be exposed to these truth and palm oil will gain greater acceptance in the world as a sustainable, healthy and nutritious oil.”\u003Cbr>\u003Cbr>The contest, receiving over 70 videos, was effective as it reached out to mostly the young and ICT-savvy segment of the Malaysian society. In her speech, YB Puan Teresa Kok said, “The contest allowed young minds of our next generation to share with the nation the benefits and positive impact that palm oil has, to both the nation and our individual well-being, through the short films.” A total of seven videos comprising three winners and four special mentions were selected. Izudin Saedon won the first prize of RM10,000 with his short film titled “The Environmentalist” while Sashvin Raj Batumalai received the second prize of RM5,000 with his “Earth Year 2576” video. Azmi Hud bagged the third prize of RM2,500 with his “Hari-Hari Seorang Pemalas” video. There will be a professional remake of the winning videos.  \u003Cbr>\u003Cbr>The Love MY Palm Oil 90 Short Film Contest’s prize-giving ceremony was held in conjunction with the Love MY Palm Oil Carnival which ran from 16 to 18 May 2019 at ICM for the general public to learn more about the attributes of palm oil. Various interactive and educational activities were held such as cooking demonstration by celebrity chef Florence Tan, soap making session, children’s colouring contest, palm oil product promotion, sales and product sampling, games and a virtual reality tour of oil palm estates. \u003Cbr>\u003Cbr>IOIC fully supports the campaign that focuses on highlighting the socio-economic, health, nutritional, food, environment and non-food aspects of palm oil. The year-long campaign encompasses promotional and physical activities at the national level through educational elements combining visual appeal, aesthetic value and social media platforms. It also engages Malaysians from all walks of life through various community-based events. In support of the campaign, IOIC also sponsored the installation of buntings and posters at various parts of ICM to highlight the various benefits and uses of palm oil.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20190817_112047%20(edited%20-%20resized)(1).jpg\" alt=\"\">\u003Cbr>\u003Ci>Despite having only three prize winners, there were four other videos that received a Special Mention award.\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/DSC_0767%20(edited%20-%20resized).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Dato’ Lee Yeow Chor, Ministry of Primary Industries Secretary General Dato’ Dr Tan Yew Chong, YB Puan Teresa Kok, and MPOC Chief Executive Officer Datuk Dr Kalyana Sundram visited each booth at the Love MY Palm Oil Carnival.\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20190817_123541%20(edited%20-%20resized).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Members of the public took the opportunity to tour the oil palm estate via virtual reality.\u003C/i>\u003Cbr> \u003C/p>","2019-08-19T00:00:00.000000Z",{"name":1078,"file_name":1078,"url":1079},"20190817_112359_edited_resized_v2.jpg","https://www.ioigroup.com/storage/720/20190817_112359_edited_resized_v2.jpg","2025-05-04T07:29:11.000000Z",{"meta_title":1074,"meta_description":1082,"meta_keywords":18},"The winning teams posed for a group picture during the prize-giving ceremony.Putrajaya, 19 August 2019 – The Minister of Primary Industries Yang Berho...",{"id":1084,"title":1085,"source":7,"body":1086,"published":9,"date":1087,"image":1088,"updated_at":1091,"created_at":1069,"metatag":1092},46,"IOI Corporation Berhad’s Statement in Response to the Article “Indonesia Hits Back to Malaysia Over Forest Fires”","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(6).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) refers to an article published by Reuters entitled “Indonesia hits back at Malaysia over forest fires” dated 13 September 2019, which highlighted that land belonging to PT Sukses Karya Sawit (PT SKS), a subsidiary company of IOI in Indonesia, has been sealed off by the Indonesian’s authority. \u003Cbr>\u003Cbr>To date, PT SKS has not received any official notification on the matter. PT SKS has been on high alert and has put in place measures to deal with the dry weather and the risk of fire. We were able to quickly extinguish several small fires that have occurred over the last couple of months and have assisted other companies and villagers to respond to fires on our neighbouring lands. PT SKS has dedicated substantial resources, including equipment and personnel, for surveillance, fire-prevention and fire-fighting purposes. \u003Cbr>\u003Cbr>In all these efforts, we continuously work closely with the local authorities, involving them in joint exercises and reporting fire incidences to them promptly. \u003Cbr> \u003C/p>","2019-09-13T00:00:00.000000Z",{"name":1089,"file_name":1089,"url":1090},"ioi_group6.jpg","https://www.ioigroup.com/storage/721/ioi_group6.jpg","2025-05-04T07:28:43.000000Z",{"meta_title":1085,"meta_description":1093,"meta_keywords":18},"IOI Corporation Berhad (IOI) refers to an article published by Reuters entitled “Indonesia hits back at Malaysia over forest fires” dated 13 September...",{"id":1095,"title":1096,"source":7,"body":1097,"published":9,"date":1098,"image":1099,"updated_at":1102,"created_at":1069,"metatag":1103},47,"Update on PT Sukses Karya Sawit (PT SKS) and Fires in Indonesia, In General","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(7).jpg\" alt=\"\">\u003C/p>\u003Cp>The fires in Indonesia are not abating and neither is the public outcry over the haze, its effect on public health and well-being, and the environmental damage. The good name of IOI Corporation Berhad (IOI) and the Malaysian oil palm industry are affected too. We are saddened and very concerned on the issue. Therefore, IOI would like to follow up on our previous statement and provide an update and further clarification. \u003Cbr>\u003Cbr>Palm oil companies who are members of the Roundtable on Sustainable Palm Oil (RSPO) and International Sustainability and Carbon Certification (ISCC), and are certified as sustainable must strictly abide by the zero-burning principle. IOI is among these companies and has been practising zero burning for more than 25 years. Open burning is unconceivable for IOI or any other responsible palm oil producer as open burning uses fire to do land clearing and this would result in the loss of the business license. \u003Cbr>\u003Cbr>Our IOI’s subsidiary in Indonesia has no valid reason to start a fire on its own concession in South Ketapang, West Kalimantan. It would not be in our interest nor would it be aligned with our company’s values to contribute to a major transboundary haze crisis, to cause great disruptions to our own operations, and to damage the conservation areas of which we are the custodian and which we would have to rehabilitate at high cost. \u003Cbr>\u003Cbr>The prolonged dry spell in South Ketapang led to several fires inside and outside of our concessions. These fires were quickly put out by our team. For the past two months, knowing that the El Nino weather pattern was coming to the area, we were prepared and on high alert. We worked closely with local authorities, villagers around our operations and the neighbouring companies to coordinate our actions and help each other. Under our multi-stakeholder South Ketapang Landscape Initiative, we shared information and established a working group among the local stakeholders, including local authorities, to lead and coordinate the fire-prevention and fire-fighting efforts. Our highly-trained fire brigade has been working tirelessly to prevent and fight the fires on our concession areas as well as those near our areas. \u003Cbr>\u003Cbr>There are several contributing factors that cause the difficulty of having wildfires under control, such as prolonged dry spell, peat which is easily inflammable and burns or smoulders underground and travels undetected to other areas, lack of good infrastructure to provide access to affected areas, lack of water to put out fire during drought and a careless act of throwing a cigarette butt which can inadvertently spark a fire. It is not only Indonesia that has problems in keeping wildfires under control, despite all its efforts and good intentions. \u003Cbr>\u003Cbr>Australia, Spain and California all have had this problem but most people treat it as a natural disaster which requires sympathy and help, rather than finger-pointing at who started the fire. In Indonesia’s case, people are quick to put the blame on business corporations like palm oil companies and paper pulp companies. However, blaming the companies after the fires have spread will not solve the haze problem. Instead, a coordinated and preventive approach involving all stakeholders namely the government, companies, local communities and NGOs should be adopted at all times to prevent the problem from becoming too big to handle. \u003Cbr>\u003Cbr>We acknowledge the Indonesian government’s efforts in tackling this complex issue. We will continue working with any interested stakeholders – government, local communities and NGOs – in order to investigate the issues and come up with far-reaching measures to prevent similar outbreaks from happening again. We are aware that both the sustainability of our industry and the public’s well-being depend on such strong and effective measures. \u003Cbr> \u003C/p>","2019-09-20T00:00:00.000000Z",{"name":1100,"file_name":1100,"url":1101},"ioi_group7.jpg","https://www.ioigroup.com/storage/722/ioi_group7.jpg","2025-05-04T07:28:29.000000Z",{"meta_title":1096,"meta_description":1104,"meta_keywords":18},"The fires in Indonesia are not abating and neither is the public outcry over the haze, its effect on public health and well-being, and the environment...",{"id":1106,"title":1107,"source":7,"body":1108,"published":9,"date":1109,"image":1110,"updated_at":1113,"created_at":1069,"metatag":1114},48,"IOI’s Zero Burning Policy and Fire Prevention Approach","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(8).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) refers to the many news reports which highlighted that Malaysian plantation companies carried out slash-and-burn activities in Indonesia, and the use of such method for clearing lands in order to reduce cost.\u003Cbr>\u003Cbr>We would like to reiterate that similar to most Malaysian plantation companies that we know, IOI has been practising Zero Burning Policy (regulated under the Environmental Quality Act 1974) and is in full compliance with the ASEAN Policy on Zero Burning for all our plantation operations for more than two decades. It is inconceivable for us to practise slash-and-burn as we would lose our sustainability certification for all plantations, almost 90% of which are located in Malaysia.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/Pic(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>IOI practices zero burning technique in its replanting where old palm trees are felled, chipped, staked in windrow and left to decomposed in-situ.\u003C/i>\u003C/p>\u003Cp>Knowing that the El Nino weather pattern over the past few year have been unpredictable, we are constantly on high alert and are always prepared to address any unforeseen circumstances. We have established the Fire Monitoring System (fire alert information system, fire towers, drones and patrolling), Emergency Response Programme and have fully-equipped our firefighting teams at all operation units. We recognise that fire risks must be mitigated at a landscape level, so we have provided adequate training and held numerous awareness programmes for the local communities.\u003Cbr>\u003Cbr>Further to our management approach, we also work closely with the local authorities (IOI is also a member of the voluntary multi-stakeholder group called Fire-Free Alliance since 2017), villagers around our operations and neighbouring companies to coordinate our action in helping each other to prevent and control fires. Under our multi-stakeholder South Ketapang Landscape Initiative, we share information and has established a working group among the local stakeholders, to lead and coordinate fire-prevention and fire-fighting efforts.\u003Cbr>\u003Cbr>We acknowledge the Indonesian government’s efforts in tackling this complex issue and we will continue to work closely with them while extending our full cooperation.\u003C/p>","2019-09-25T00:00:00.000000Z",{"name":1111,"file_name":1111,"url":1112},"ioi_group8.jpg","https://www.ioigroup.com/storage/723/ioi_group8.jpg","2025-05-04T07:28:20.000000Z",{"meta_title":1107,"meta_description":1115,"meta_keywords":18},"IOI Corporation Berhad (IOI) refers to the many news reports which highlighted that Malaysian plantation companies carried out slash-and-burn activiti...",{"id":1117,"title":1118,"source":7,"body":1119,"published":9,"date":1120,"image":1121,"updated_at":1124,"created_at":1069,"metatag":1125},49,"IOI Corporation Berhad Awarded Malaysia's Most Outstanding Company in the Plantation Sector","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(9).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC), a leading corporation in the oil palm industry, and one of the most efficient palm oil producers in Malaysia, was named the Most Outstanding Company in Malaysia – Plantation Sector at Asiamoney Asia’s Outstanding Companies Poll 2019. \u003Cbr>\u003Cbr>IOIC received the highest number of votes for the plantation sector at Asiamoney Asia’s poll, which saw a participation of over 800 fund managers, buy-side analysts, bankers and rating agencies. More than 4,000 votes were received for public-listed companies across 12 markets in Asia from 8 May to 12 July 2019. A total of 153 companies were recognised as being the most outstanding in their respective sectors and markets. The “Outstanding Company” award demonstrates the voters’ recognition of IOIC’s stable business model, innovative approaches, strong leadership and worthiness of recognition. \u003Cbr>\u003Cbr>Established in 1989, Asiamoney is the Asian edition of Euromoney, a UK-based business and finance publication founded in 1969. For over three decades, Asiamoney has been the voice of the banking and capital markets industries in Asia, covering finance related developments in the region. \u003Cbr> \u003C/p>","2019-10-23T00:00:00.000000Z",{"name":1122,"file_name":1122,"url":1123},"ioi_group9.jpg","https://www.ioigroup.com/storage/724/ioi_group9.jpg","2025-05-04T07:28:05.000000Z",{"meta_title":1118,"meta_description":1126,"meta_keywords":18},"IOI Corporation Berhad (IOIC), a leading corporation in the oil palm industry, and one of the most efficient palm oil producers in Malaysia, was named...",{"id":1128,"title":1129,"source":7,"body":1130,"published":9,"date":1131,"image":1132,"updated_at":1135,"created_at":1069,"metatag":1136},50,"Pygmy Elephant Carcass Found in IOI Plantation","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/IOI%20Group(10).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOI) would like to respond to the various news reports in October 2019 regarding the death of a pygmy elephant, whose carcass was found in IOI’s estate adjacent to Segaliud Lokan Forest Reserve in Beluran district, Sandakan, Sabah. \u003Cbr>\u003Cbr>Following the incident, we have been providing our full cooperation and support to the Sabah Wildlife Department (SWD), Beluran Police officers and relevant authorities to carry out a full investigation. Post mortem investigation has revealed that the male elephant, age approximately 23 to 27 years old, died 5 to 7 days before the carcass was found, with no bullet wounds on the elephant's body. After the post mortem, the elephant was buried at the site. \u003Cbr>\u003Cbr>We would like to reiterate that IOI is a member of the Roundtable on Sustainable Palm Oil (RSPO) and is fully committed to our sustainability requirements including the protection of High Conservation Value, High Carbon Stock, peat areas, forest reserve and all rare, threatened or endangered species (RTE) within our operations. IOI works very closely with the local authorities including the SWD and has consistently taken proactive actions and mitigation measures to educate and prevent our workforce from hunting, capturing, harming, trading and/or the possession of these species. Incidents involving hunting or poaching activities will be reported to the estate management and the relevant authorities and will be dealt with according to the law. \u003Cbr>\u003Cbr>Our other commitments include putting in place practical guidelines to handle any wildlife entering the plantation, specifically elephants are allowed to roam freely in our estates except where the areas are fenced with low voltage electric fence to keep them out of sensitive areas like the nurseries. These areas are also patrolled by our personnel with dogs and the herd tends to shy away from them. It is to be noted that the estate does not provide security personnel with firearms as a means to keep the elephants away. Our patrolling activities also includes the areas along the forest reserve boundaries and we ensure that “No Hunting” signboards are placed prominently in and around our estates. \u003Cbr>\u003Cbr>In addition to the cooperation with SWD in the recent case, IOI has been working closely with the Wildlife Rescue Unit from SWD on the mission of rescuing pygmy elephants. In November 2018, our staff from IOI Bimbingan 2 Estate successfully translocated a 10 years old pygmy elephant to a new home at Gunung Rara, Luasong Forest Reserve. \u003Cbr> \u003C/p>","2019-10-30T00:00:00.000000Z",{"name":1133,"file_name":1133,"url":1134},"ioi_group10.jpg","https://www.ioigroup.com/storage/725/ioi_group10.jpg","2025-05-04T07:27:58.000000Z",{"meta_title":1129,"meta_description":1137,"meta_keywords":18},"IOI Corporation Berhad (IOI) would like to respond to the various news reports in October 2019 regarding the death of a pygmy elephant, whose carcass...",{"id":1139,"title":1140,"source":7,"body":1141,"published":9,"date":1142,"image":1143,"updated_at":1146,"created_at":1069,"metatag":1147},51,"Bringing Joy to Underprivileged Children  This Christmas","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/03%20(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>It was a meaningful celebration in this season of giving and sharing. Many thanks to all who have contributed and made this event a success.\u003C/i>\u003C/p>\u003Cp> \u003C/p>\u003Cp>IOI Corporation Berhad (IOI) together with its foundation, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) celebrated Christmas by organising a charity campaign titled ‘Santa Shoebox Charity Project 2019’ as part of their corporate social responsibility initiative.\u003C/p>\u003Cp>The campaign was opened to all IOI employees, who pledged a Santa Shoebox to a child with a personal message on a gift card. These shoeboxes are filled with various educational supplies, toys and sweets. The campaign, which ran from 6 to 29 November 2019, brought joy to 60 underprivileged children, aged between four and 13 years old, from three selected homes, namely Pertubuhan Kebajikan Astana Kajang, Pertubuhan Kebajikan Yesuvin Mahligai Selangor, and Rainbow Home.\u003Cbr>\u003Cbr>On 9 December 2019, the children and the representatives came to IOI City Mall (ICM) for a morning workshop courtesy of Hogan Bakery where Chef Taylor from Hogan Bakery led the children on a fun Gingerbread Man decoration session.  It was followed by a Christmas-themed origami lesson.\u003Cbr>\u003Cbr>After lunch at Texas Chicken, the children were treated to a joyful musical performance by D’Flaming Reindeers, the carolling group from Putrajaya Marriott Hotel, Palm Garden Hotel and Palm Garden Golf Club. A spectacular magic show and appearances of Santa Claus and Santarina continued to enliven the Christmas spririt at the ICM Centre Court.\u003C/p>\u003Cp>The children received their Christmas Santa Shoeboxes from IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Executive Director Datin Joanne Wong, who also presented a mock cheque of RM8,000 each to the three homes. Household supplies including food items sponsored by IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) were also distributed to the homes. The children enjoyed a glorious time and departed with beaming smiles.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/02(1).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Datin Joanne Wong (second from right) presented the mock cheques of RM8,000 to representatives from the homes, witnessed by Ms Karen Liew (right). \u003C/i>\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/01(3).jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>The children expressing their creativity during the workshop on decorating Gingerbread Man.\u003C/i>\u003C/p>\u003Cp> \u003C/p>","2019-12-09T00:00:00.000000Z",{"name":1144,"file_name":1144,"url":1145},"03_1.jpg","https://www.ioigroup.com/storage/726/03_1.jpg","2025-05-04T07:27:45.000000Z",{"meta_title":1140,"meta_description":1148,"meta_keywords":18},"It was a meaningful celebration in this season of giving and sharing. Many thanks to all who have contributed and made this event a success. IOI Corpo...",{"id":1150,"title":1151,"source":7,"body":1152,"published":9,"date":1153,"image":18,"updated_at":1154,"created_at":1154,"metatag":1155},34,"Joint-Statement on Closure of the Ketapang Complaint","\u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cbr />Following a verification visit at IOI’s plantation development in Ketapang, West Kalimantan on 2 to 5 September, 2016 by Aidenvironment - represented by Adriani, Director Indonesia, Eric Wakker, Director Asia Pacific, Haryono Sadikin, HCV expert and Ivan Valentina Ageung, Legal expert, both IOI and Aidenvironment jointly declare to have achieved agreement in closing the Ketapang complaint case. The three last issues raised in Aidenvironment’s complaint are settled, as follows:\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cstrong>\u003Cspan style=\"color: #222222;\">Overplanting by PT BNS \u003C/span>\u003C/strong>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">In our previous Joint Statement of 29 July 2016, it was highlighted that the final resolution of the complaint hinged on: \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">“\u003Cem>IOI commencing the removal of all ‘overplanted’ oil palms, upon the Ministry of Forestry and Environment’s confirmation of the local government order to do so as of November 2009. The removal includes all plantings thereafter\u003C/em>.”\u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">In October, 2016, IOI received a letter from the Kementerian Lingkungan Hidup dan Kehutanan (KLHK)\u003Csup>1\u003C/sup> or Ministry of Environment and Forestry of Indonesia dated 11 October 2016. This letter stated there was a change from non-forestry land to forestry land in December 2013 pursuant to the decision of the Minister of Forestry. Following a re-survey, it was confirmed in September 2014 that out of a total area of 11,800 Hectares applied for by PT BNS, there was an overlap with Danau Manis Mata Production Forest amounting to 1,638 Hectares. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Aidenvironment and IOI’s joint analysis subsequently confirmed that the overlap comprises of 1,204 Ha (723 hectares of oil palm plantations and 481 Ha of other land) which was abandoned in year 2011 and another 434 hectares of land, cleared and planted between 2010 and 2014, was still managed by PT BNS during the joint field visit of 2-6 September 2016. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">In line with the instruction issued by KLHK, PT BNS will immediately abandon the 434 hectares until such a time as there are new Ministerial instructions regarding the said \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Annex%20to%20the%20Joint%20Statement%201.12.2016.pdf\" target=\"_blank\">\u003C/a>land.\u003Csup>2\u003C/sup>\u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cstrong>\u003Cspan style=\"color: #222222;\">RSPO New Planting Procedure (NPP) \u003C/span>\u003C/strong>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Joint analysis of the chronology of land development confirmed that land development in PT SKS and PT BNS which began in 2009, had straddled the RSPO NPP’s ‘cut-off date’ of 1 January 2010.\u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Therefore, IOI was required by RSPO to only comply with “on-going planting” NPPs. IOI agrees with Aidenvironment that had we been required to follow the full NPP requirements, it would likely have revealed at a much earlier stage the non-compliances occurring at that time. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cstrong>\u003Cspan style=\"color: #222222;\">Settling past non-compliance \u003C/span>\u003C/strong>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">IOI regrets not having taken necessary actions to be in full compliance with RSPO’s rules at all times. In view of the company’s commitment to break with the past, IOI agrees to settle the outstanding issues with Aidenvironment as follows: \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Although IOI will certify PT BNS and SKS under the RSPO time-bound plan, IOI undertakes not to market the palm oil produced from PT BNS and the affected areas of \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Annex%20to%20the%20Joint%20Statement%201.12.2016.pdf\" target=\"_blank\">PT SKS\u003C/a>\u003Csup>3\u003C/sup> with the RSPO certification claims for the duration of one planting cycle. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cstrong>\u003Cspan style=\"color: #222222;\">Closing \u003C/span>\u003C/strong>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Aidenvironment has raised all other matters with IOI for perusal and declares that it has no further standing issues with IOI related to the Ketapang case. The above declaration has been achieved with IOI Group, independent of RSPO’s decisions. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">IOI will continue to disclose on progress after this declaration, along with other developments of interest to its stakeholders. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Cspan style=\"color: #222222;\">Kuala Lumpur and Bogor, 1 December 2016\u003C/span>\u003C/p>  \u003Cp> \u003C/p>  \u003Cp>\u003Csup>\u003Cspan style=\"font-size: 10pt;\">1\u003C/span>\u003C/sup>\u003Cspan style=\"font-size: 10pt;\">Balai Pemantapan Kawasan Hutan. \u003C/span>\u003C/p>  \u003Cp style=\"background: white; margin: 0cm 0cm 0pt; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Csup>\u003Cspan style=\"font-size: 10pt;\">2\u003C/span>\u003C/sup>\u003Cspan style=\"font-size: 10pt;\">The palms will be removed from the site if such is instructed.  \u003C/span>\u003C/p>  \u003Cp style=\"background: white; margin: 0cm 0cm 0pt; text-align: justify; vertical-align: baseline; -ms-text-justify: inter-ideograph;\">\u003Csup>\u003Cspan style=\"color: #222222; font-size: 10pt;\">3\u003C/span>\u003C/sup>\u003Cspan style=\"color: #222222; font-size: 10pt;\">See Map D in the Annex.  \u003C/span>\u003C/p>  \u003Cbr /> ","2016-12-01T00:00:00.000000Z","2025-05-02T11:55:55.000000Z",{"meta_title":1151,"meta_description":1156,"meta_keywords":18},"Following a verification visit at IOI’s plantation development in Ketapang, West Kalimantan on 2 to 5 September, 2016 by Aidenvironment - represented...",{"id":1158,"title":1159,"source":7,"body":1160,"published":9,"date":1161,"image":18,"updated_at":1154,"created_at":1154,"metatag":1162},35,"Statement on Amnesty International Report “The Great Palm Oil Scandal”","\u003Cp>\u003Cbr />One of the principles of our Sustainable Palm Oil Policy (SPOP) is based on \u003Cspan style=\"color:black\">building traceable supply chains such that all suppliers are also in compliance with our commitments as contained in our Policy on Environmental Management, Human Rights and Workplace as well as Community Development and Social Impact. \u003C/span>Respecting the rights of all workers is one of the key commitments of IOI’s SPOP. \u003Cspan style=\"color:black\"> \u003C/span>\u003C/p>  \u003Cp>\u003Cstrong>Specifically, IOI Group is committed: \u003C/strong>\u003C/p>  \u003Cul style=\"list-style-type: disc;\">\u003Cli>To eliminate all forms of illegal, forced, bonded, compulsory or child labor and in particular, follow responsible recruitment practices. \u003C/li>\u003C/ul>  \u003Cp>We view with deep concern the findings in the Amnesty International Report relating to alleged labor abuses on plantations owned by certain companies. As the companies mentioned in the report are part of our supply chain through our trading partners, we are monitoring the situation closely and will take the appropriate actions. These actions involve asking our trading partners to share with us their action plans as well as monitoring the progress of implementation of their action plans.\u003C/p>  \u003Cp>We understand that labor issues are complex and require collaboration among the industry members and other stakeholders to resolve. We are committed to using our voice and influence to address this matter and to working together with relevant stakeholders for a constructive approach to improve the issues at hand.\u003C/p>  \u003Cp>\u003Cbr />\u003Cstrong>Dr. Surina Ismail\u003C/strong>\u003Cbr />Group Head of Sustainability\u003C/p>  \u003Cbr />  ","2016-12-02T00:00:00.000000Z",{"meta_title":1159,"meta_description":1163,"meta_keywords":18},"One of the principles of our Sustainable Palm Oil Policy (SPOP) is based on building traceable supply chains such that all suppliers are also in compl...",{"id":1165,"title":1166,"source":7,"body":1167,"published":9,"date":1168,"image":1169,"updated_at":1172,"created_at":1154,"metatag":1173},36,"Top Honours for IOI Oleochemicals in Responsible Care Practices and Excellent Performance","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/COOGold.jpg\">\u003C/p>\u003Cp>IOI Pan-Cen Oleo COO Mr Gurdev Singh receiving the CICM Responsible Care Awards from Dato' Seri Ong Ka Chuan.\u003C/p>\u003Cp>\u003Cbr>\u003Cspan style=\"color:#000000;\">IOI Oleochemical Industries Berhad (IOI Oleo) continues to lead with exemplary industry-leading responsible care practices and was honoured once again during the prestigious \u003Cstrong>13\u003Csup>th\u003C/sup> Chemical Industries Council of Malaysia (CICM) Responsible Care Awards 2015/2016 \u003C/strong>recently.\u003C/span>\u003Cbr>\u003Cbr>\u003Cspan style=\"color:#000000;\">Two of IOI Oleo’s subsidiary companies, IOI Pan-Century Oleochemicals (IOI Pan-Cen Oleo) and IOI Acidchem bagged a total win of ten awards for their commitment and progress toward the Responsible Care’s Six Codes of Management Practices. The awards were presented by International Trade and Industry Second Minister YB Dato’ Seri Ong Ka Chuan at a presentation ceremony held on 2 December 2016 at the Intercontinental Hotel, Kuala Lumpur.\u003C/span>\u003Cbr>\u003Cbr>\u003Cspan style=\"color:#000000;\">IOI Pan-Cen Oleo won two platinum awards on Employee Health & Safety Code and Community Awareness & Emergency Response Code; a gold award on Pollution Prevention Code and two silver awards on Distribution Code and Process Safety Code. The two platinum awards were accorded to IOI Pan-Cen Oleo in recognition of its continuous achievement in winning the gold award for both codes of management practices for three consecutive years. \u003C/span>\u003Cbr>\u003Cbr>\u003Cspan style=\"color:#000000;\">Meanwhile, IOI Acidchem won four silver awards on Employee Health & Safety Code, Pollution Prevention Code, Distribution Code and Process Safety Code as well as a merit award on Community Awareness & Emergency Response Code. IOI Acidchem has participated in the CICM Responsible Care Awards since year 2006 and won platinum awards for Pollution Prevention Code and Employee Health & Safety Code in year 2010.\u003C/span>\u003Cbr>\u003Cbr> \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" alt=\"\" src=\"https://www.ioigroup.com/Files/News/image/MAS6294.jpg\">\u003C/p>\u003Cp>IOI Oleo COO Mr Lai Choon Wah receiving the MPOB Palm Industry Award for Best Oleochemical Producer in Malaysia award from Datuk Seri Mah Siew Keong.\u003C/p>\u003Cp>\u003Cbr>\u003Cspan style=\"color:#000000;\">In addition, IOI Oleo also outshone other multinational companies in the industry by winning the coveted \u003Cstrong>Malaysian Palm Oil Board’s (MPOB) Palm Industry Award (\u003C/strong>\u003Ci>\u003Cstrong>Anugerah Industri Sawit\u003C/strong>\u003C/i>\u003Cstrong>) 2015/2016 for Best Oleochemical Producer in Malaysia\u003C/strong> for the fourth time. IOI Oleo had previously won the award in 2006, 2010 and 2012. The award was presented by the Minister of Plantation Industries and Commodities YB Datuk Seri Mah Siew Keong at a dinner and presentation ceremony held on 8 December 2016 at Everly Hotel, Putrajaya.\u003C/span>\u003Cbr>\u003Cbr>\u003Cspan style=\"color:#000000;\">“Winning these awards is a strong testament to our driving force toward excellent performance and responsible care practices. As a leader in the palm-based oleochemical industry, IOI Oleo commits to ensure our operations are at the highest level in terms of excellence in execution, innovativeness and integrity which are among the core values of IOI Group,” said Executive Director of IOI Oleo Mr Tan Kean Hua.\u003C/span>\u003C/p>","2016-12-19T00:00:00.000000Z",{"name":1170,"file_name":1170,"url":1171},"coogold.jpg","https://www.ioigroup.com/storage/714/coogold.jpg","2025-05-04T07:32:40.000000Z",{"meta_title":1166,"meta_description":1174,"meta_keywords":18},"IOI Pan-Cen Oleo COO Mr Gurdev Singh receiving the CICM Responsible Care Awards from Dato' Seri Ong Ka Chuan.IOI Oleochemical Industries Berhad (IOI O...",{"id":1176,"title":1177,"source":7,"body":1178,"published":9,"date":1179,"image":18,"updated_at":1154,"created_at":1154,"metatag":1180},37,"IOI Corporation marks nine months of progress with additional commitments to strengthen the implementation of its Sustainable Palm Oil Policy","\u003Cp>\u003Cbr />IOI Corporation launched its updated Sustainable Palm Oil Policy (SPOP) in August 2016 alongside a comprehensive Sustainability Implementation Plan (SIP). Nine months later, the company continues to report advances as well as positive and constructive dialogue with external stakeholders.    \u003Cbr />\u003Cbr />In particular, IOI is pleased to announce progress in key areas of its Sustainable Palm Oil Policy as well as the introduction of additional commitments. These new commitments will serve both enhance field implementation and ensure ongoing best-practice management in the palm oil supply chain.  \u003Cbr />\u003Cbr />Additional commitments include undertaking an independent verification of Policy implementation as well as a commitment to implement global best-practice peatland management in the Ketapang landscape.  \u003Cbr />\u003Cbr />Specifically, IOI has:  \u003C/p>\u003Cul>\u003Cli>Started working on a joint approach with international NGOs and grassroots to ensure the core principles of the RSPO are upheld in the resolution of the Long Teran Kanan Complaint. \u003Cbr />\u003Cbr />\u003C/li>\u003Cli>Addressed the labour issues highlighted by Finnwatch in its Peninsular Malaysia plantations, including the ending of all recruitment fees. IOI has commissioned external consultants Business for Social Responsibility (BSR) to transparently verify its progress and to   assess and recommend solutions to any labour issues in its Sabah plantations. \u003Cbr />\u003Cbr />\u003C/li>\u003Cli>Committed to implement global best-practice peatland management in the Ketapang landscape, including the peatland standard currently being developed by the Palm Oil Innovation Group (POIG). \u003Cbr />\u003Cbr />\u003C/li>\u003Cli>Developed and communicated to suppliers new mechanisms to proactively monitor its third-party suppliers to ensure compliance to its policy commitments. \u003Cbr /> \u003Cbr />\u003C/li>\u003Cli>Analysed the exposure of its supply base to peatland and committed to minimise and mitigate the impact of third-party suppliers on peatlands. \u003Cbr />  \u003Cbr />\u003C/li>\u003Cli>Committed to commission an independent verification of the implementation of its Sustainable Palm Oil Policy, and the commitments stated above, in the second quarter of 2018. \u003C/li>\u003C/ul>\u003Cp>\u003Cbr />IOI stands firmly committed to the implementation of its sustainability policies and believes that its progress in key areas - combined with these new commitments and measures – sends a strong signal to stakeholders around its desire for continued improvement.  \u003Cbr />\u003Cbr />The company will continue to engage stakeholders in its sustainability journey and looks forward to playing a leading role in ensuring sustainable global palm oil supply chains.   \u003Cbr />\u003Cbr />\u003Cbr />\u003Cbr />\u003Cbr />Dato’ Lee Yeow Chor \u003Cbr />Chief Executive Officer \u003Cbr />IOI Corporation Berhad \u003Cbr />\u003Cbr />\u003Cbr />For further information, please contact: \u003Cbr />\u003Cbr />Dr Surina Ismail\t\t\t\t\t \t\t\t\t\t                                                    \u003Cbr />Group Head of Sustainability                                    \u003Cbr />IOI Corporation Berhad                                           \u003Cbr />Tel: +603-8947 8691                                                 \u003Cbr />Email: \u003Ca href=\"mailto:surina@ioigroup.com\">surina@ioigroup.com\u003C/a>\u003Cbr />\u003C/p>\u003Cp>Karen Liew \u003Cbr />Head of Corporate Communications \u003Cbr />IOI Corporation Berhad \u003Cbr />Tel: +603-8947 8956 \u003Cbr />Email: \u003Ca href=\"mailto:karen.liew@ioigroup.com\">karen.liew@ioigroup.com\u003C/a>\u003Cbr />\u003Cbr />\u003C/p>\u003Cp>\u003Cbr />\u003Cspan id=\"dx_temp_1493279758927_67\">\u003C/span>\u003Cspan id=\"dx_temp_1493279758927_68\">\u003C/span>\u003C/p>","2017-04-28T00:00:00.000000Z",{"meta_title":1177,"meta_description":1181,"meta_keywords":18},"IOI Corporation launched its updated Sustainable Palm Oil Policy (SPOP) in August 2016 alongside a comprehensive Sustainability Implementation Plan (S...",{"id":1183,"title":1184,"source":7,"body":1185,"published":9,"date":1186,"image":1187,"updated_at":1190,"created_at":1154,"metatag":1191},38,"IOIC Wins The Edge Billion Ringgit Club Award","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/BRC%20corp%20award%202017(3).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) bagged a Silver award for \u003Cstrong>The Highest Return on Equity Over Three Years\u003C/strong> in the Plantation sector at The Edge Billion Ringgit Club (BRC) Awards 2017 ceremony held at the Grand Hyatt Hotel, Kuala Lumpur yesterday. IOIC Deputy Group Financial Controller Mr Kong Kian Beng received the award on behalf of the company from The Edge Media Publisher and Group Chief Executive Officer Mr Ho Kay Tat. \u003Cbr>\u003Cbr>The Edge BRC was launched in 2010 to recognise Malaysia’s biggest and best performing companies as measured by turnover or market capitalisation. The winning companies were also judged on their corporate responsibility efforts on top of financial performance. \u003Cbr>\u003Cbr>Congratulations to IOIC! \u003Cbr> \u003C/p>","2017-08-22T00:00:00.000000Z",{"name":1188,"file_name":1188,"url":1189},"brc_corp_award_20173.jpg","https://www.ioigroup.com/storage/715/brc_corp_award_20173.jpg","2025-05-04T07:31:47.000000Z",{"meta_title":1184,"meta_description":1192,"meta_keywords":18},"IOI Corporation Berhad (IOIC) bagged a Silver award for The Highest Return on Equity Over Three Years in the Plantation sector at The Edge Billion Rin...",{"id":1194,"title":1195,"source":7,"body":1196,"published":9,"date":1197,"image":18,"updated_at":1154,"created_at":1154,"metatag":1198},39,"IOI Corporation divests 70% equity stake and retains 30% stake in  IOI Loders Croklaan in a new business partnership with Bunge","\u003Cbr />IOI Corporation Berhad (IOI) today announced the company has entered into a definitive sale and purchase agreement with Bunge Limited (Bunge) to sell a 70% controlling stake in IOI Loders Croklaan (Loders) and its related businesses for a total consideration of Euro 297 million plus US Dollars 595 million, subject to certain adjustments to be determined at the closing of the transaction.  This values the entire Loders and its related businesses at Euro 425 million plus US Dollars 850 million, net of external debt and cash and including normalised working capital.  The transaction is expected to close within the next 12 months, subject to regulatory and other customary approvals which include the approval of IOI’s shareholders.\r\n\u003Cbr />\u003Cbr />After the transaction, Loders will, in combination with Bunge, be part of a global agri-food company with differentiated and comprehensive product offerings based on both tropical and seed oils, and world-class formulation and application capabilities.  Loders will continue its focus of being a leading specialty edible-oils solution provider with premier formulation and application capabilities, backed by a traceable and sustainable supply chain in tropical oils particularly palm oil.\r\n\u003Cbr />\u003Cbr />During the fourteen years since IOI acquired Loders, Loders has grown from having three processing plants to seven plants in Europe, North America and Asia, and earnings have nearly quadrupled during this period.  IOI has positioned Loders as a leading palm-based specialty fats player which supplies its products to nearly all major MNC food companies.  In order to sustain its significant growth and better serve its multinational customers, Loders will need to expand its processing plant footprints to regions such as South America and South Asia, and offer more varied product offerings including seed oil–based products.  In IOI’s assessment, the faster and more effective way to do so is by leveraging on Bunge’s existing plant assets in these regions and Bunge’s established integrated supply chain in seed oils.\r\n\u003Cbr />\u003Cbr />The approach from Bunge to acquire a controlling stake in Loders follows a period of discussion between Bunge and Loders about forming alliances in certain regions which has resulted in the establishment of a collaboration arrangement between both companies.  Having engaged with Bunge through this period of discussion as a shareholder of Loders, IOI finds that both IOI and Bunge share similar corporate values and are aligned on business priorities and commitments.  Given the complementary nature of Loders and Bunge’s asset base and product offerings, we expect the integration process to be smooth and that any change to Loders’ operations and employee movements after the close of the transaction to be insignificant.\r\n\u003Cbr />\u003Cbr />“After the transaction, IOI will still play an important role in Loders given our expertise in palm oil sourcing and our business experience in the fast-growing Asia Pacific Region.  IOI will have two representatives on Loders’ five-member Board of Directors and our representatives will also be involved in key management decisions taken by Loders.  IOI will continue to be a major supplier of palm oil and palm products to Loders after the transaction. In this respect, IOI will maintain our strong sustainability commitments as spelled out in IOI Group’s Sustainable Palm Oil Policy”, said IOI CEO Dato’ Lee Yeow Chor.\r\n\u003Cbr />\u003Cbr />Soren Schroder, CEO of Bunge stated, “We have tremendous respect for the quality business that IOI has built with Loders and look forward to adding their global customer and application capabilities into Bunge’s already strong business.  Together, our combined capabilities and differentiated product offerings will create the leading solutions provider in B2B oils and enable us to meet growing customer needs globally.  We look forward to welcoming the Loders employees to Bunge”.\r\n\u003Cbr />\u003Cbr />Going forward, IOI intends to be a vital partner to Bunge in supporting Loders’ growth and Bunge’s corporate objective to grow their value-added portfolio in the edible oils business.  On IOI’s part, our continued equity interest and involvement in Loders, and the expected significant growth in Loders in the future will support IOI’s business focus of being a leading integrated and sustainable palm oil player with global presence in both specialty fats and oleochemical segments.\r\n\u003Cbr />\r\n\u003Cbr />\u003Cbr />\u003Cstrong>---- ENDS ----\r\n\u003C/strong>\u003Cbr />\r\n\u003Cbr />\u003Cbr />\u003Cstrong>About IOI Corporation Berhad\r\n\u003C/strong>\u003Cbr />IOI Corporation Berhad (IOIC, \u003Ca href=\"http://www.ioigroup.com/\" target=\"_blank\">http://www.ioigroup.com/\u003C/a>), listed on the Main Board of Malaysian Stock Exchange, is a leading global integrated and sustainable palm oil player. Employing more than 30,000 people in 15 countries, IOIC is a fully integrated company that undertakes the plantation and resource-based manufacturing businesses. Its plantation business covers Malaysia and Indonesia with a land bank of more than 230,000 hectares, making it one of the largest plantation owners in the industry. Its downstream resource-based manufacturing business includes refining of palm oil as well as manufacturing of oleochemicals and specialty oils and fats, with strong presence in Asia, Europe and USA.\r\n\u003Cbr />\u003Cstrong>\u003Cbr />About Bunge Limited \u003C/strong>\r\n\u003Cbr />Bunge Limited (\u003Ca href=\"http://www.bunge.com/\" target=\"_blank\">http://www.bunge.com/\u003C/a>, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 32,000 employees.  Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America.  Founded in 1818, the company is headquartered in White Plains, New York. \u003Cbr />\u003Cbr />For more information, please contact: \r\n\u003Cbr />\r\n\r\n\u003Cbr />\u003Cstrong>Investor Contact: \u003C/strong>                                              \r\n\u003Cbr />Mr Kong Kian Beng\t \t                                   \t         \r\n\u003Cbr />Deputy Group Financial Controller              \t        \r\n\u003Cbr />IOI Corporation Berhad\r\n\u003Cbr />Tel: +603-8947 8874                                            \r\n\u003Cbr />Email: kbkong@ioigroup.com\u003Cbr />                                \u003Cbr />\u003Cstrong>Media Contact:\r\n\u003C/strong>\u003Cbr />Ms Karen Liew\r\n\u003Cbr />Head of Corporate Communications \r\n\u003Cbr />IOI Corporation Berhad                                      \r\n\u003Cbr />Tel: +603-8947 8927            \r\n\u003Cbr />Email: karen.liew@ioigroup.com \r\n\u003Cbr />\u003Cbr />\u003Cbr />\u003Cbr />","2017-09-12T00:00:00.000000Z",{"meta_title":1195,"meta_description":1199,"meta_keywords":18},"IOI Corporation Berhad (IOI) today announced the company has entered into a definitive sale and purchase agreement with Bunge Limited (Bunge) to sell...",{"id":1201,"title":1202,"source":7,"body":1203,"published":9,"date":1204,"image":1205,"updated_at":1208,"created_at":1154,"metatag":1209},40,"Do-Good Social Enterprise BARGAIN BASEMENT Gives Out RM200,000","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_133606.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Bargain Basement is proud of being able to lend a hand to 15 beneficiaries and hopes to engage the public for many years to come\u003C/i>\u003Cbr> \u003C/p>\u003Cp>PUTRAJAYA, 12 December 2018 – Bargain Basement, an initiative by IOI Group’s foundation, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), has recently given out RM200,000 of its net proceeds to various charities in a presentation ceremony in celebration of the Christmas season at IOI City Mall.\u003Cbr> \u003C/p>\u003Cp>IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Executive Director and Bargain Basement founder Datin Joanne Wong, together with her Bargain Basement champions and 15 beneficiaries, exchanged cheques and gifts, aiding various charities such as helping students to purchase their stationery and uniform supplies for the coming school year, helping the old and ill and those with dementia, children with special needs, helping refugees in their education, teaching living skills to the \u003Ci>orang asli\u003C/i> community and providing food supplies to the hungry.\u003C/p>\u003Cp>The 15 beneficiaries are Little Yellow Flower Education Foundation, Shepherd’s Centre Foundation Semenyih, Pertubuhan Kebajikan Thangam Illam, Stepping Stones Living Centre, Alzheimer’s Disease Foundation Malaysia, Persatuan Rumah Kanak-Kanak Trinity Selangor, Pertubuhan Kebajikan Anak-anak Yatim dan OKU Mesra Petaling Jaya, Home of Kan Ern, Autism Café Project Malaysia, Dignity for Children Foundation, Charwiki, Mr Chang Jee Kee, Wisdom Club, Lighthouse Children Welfare Home Association and Arrow Harvest PLT.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_124747.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Some of the guests who graced the presentation ceremony were (from left) Mrs Sylvia Gan, Datin Jamilah Ang, Puan Sri Cecilia Lim, Datin Joanne Wong, Puan Sri Wendy Ong, Datuk Dr Yim (Hon. Chairman of the Alzheimer’s Disease Foundation Malaysia), Datin Kathleen Chew, Ms Sue Quek (founder of Wisdom Club), Mrs Janet Ang and Puan Sri Amy Ter.\u003C/i>\u003Cbr> \u003C/p>\u003Cp>Research has shown that up to 50% of our household items remain unused and are a source of clutter in our homes. It is a noble idea to extend the usability and lifecycle of those products by clearing and donating them for a good cause.\u003C/p>\u003Cp>Bargain Basement is an innovative social enterprise that encourages the public to donate pre-loved or unused items. Ranging from clothing to household items and bulky items, these are then resold at Bargain Basement’s two outlets at low prices. Repeat donors and customers are called “Bargain Basement champions”. All net proceeds are then channelled to different charities by or to these champions for the causes that are close to their hearts.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_1.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Shopping for a great cause. Bargain Basement is run by IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), providing an arrangement for pre-loved items to be resold and converted into money for charity.\u003C/i>\u003C/p>\u003Cp>“We are very proud of our efforts in helping the needy, and we hope to do more by engaging our family, friends and the public in championing this worthy cause,” said Datin Joanne. She further elaborated on the topic of regular spring cleaning: “Decluttering is a way of organising our lives. If you are not using or wearing those items, clear the clutter, regain your space and let someone else buy and utilise those items – all for a good cause. Our environment needs a circular economy.”\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_2.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>Spring cleaning for a good cause. Puan Sri Cecilia Lim (left) donating her pre-loved items to Bargain Basement founder Datin Joanne Wong (right) and witnessed by Puan Sri Wendy Ong (centre).\u003C/i>\u003Cbr> \u003C/p>\u003Cp>Besides promoting the 3Rs which are Reusing, Reducing and Recycling, it is a worthy effort from the public’s conscientious point of view to help the needy. “Help us by being a Bargain Basement champion!” she adds.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_123218_edited.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Ci>One man’s trash is another man’s treasure. Buying pre-loved items is rewarding and value for money. The guests had the satisfaction of exploring an assortment of unique items.\u003C/i>\u003C/p>\u003Cp>Last year, Bargain Basement opened its second branch at IOI Mall Puchong, following its first shop at IOI City Mall Putrajaya which opened in June 2015.\u003C/p>\u003Cp>For more information, please visit: \u003Ca href=\"http://www.bargainbasement.com.my/\">http://www.bargainbasement.com.my/\u003C/a>  \u003Cbr> \u003C/p>","2018-12-12T00:00:00.000000Z",{"name":1206,"file_name":1206,"url":1207},"20181212_133606.jpg","https://www.ioigroup.com/storage/716/20181212_133606.jpg","2025-05-04T07:30:42.000000Z",{"meta_title":1202,"meta_description":1210,"meta_keywords":18},"Bargain Basement is proud of being able to lend a hand to 15 beneficiaries and hopes to engage the public for many years to come PUTRAJAYA, 12 Decembe...",{"id":1212,"title":1213,"source":7,"body":1214,"published":9,"date":1204,"image":1215,"updated_at":1218,"created_at":1154,"metatag":1219},41,"Granting 161 Wishes of Underprivileged Children This Christmas","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212-ICM_xmas-7-850_9668-X3.jpg\" alt=\"\">\u003C/p>\u003Cp>PUTRAJAYA, 12 December 2018 – IOI Group together with its foundation, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), and IOI City Mall (ICM) celebrated this Christmas by organising a charity campaign titled ‘Grant A Wish This Christmas 2018’ as part of their corporate social responsibility initiative.\u003Cbr>\u003Cbr>This campaign, which ran from 1 November to 7 December 2018, was opened to all IOI Group employees as well as ICM’s patrons. The campaign fulfilled the wishes of 161 underprivileged children, aged between three and 19 years old, from four selected homes, namely Little Yellow Flower, Shepherd’s Centre Foundation Semenyih, Stepping Stones Living Centre and Pertubuhan Kebajikan Thangam Illam.\u003Cbr>\u003Cbr>On 12 December 2018, the children received their Christmas gifts in addition to goodie bags consisting of school supplies, toiletries and food items, courtesy of IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) at a gift presentation ceremony held at ICM. Executive Director IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng) Datin Joanne Wong and ICM General Manager Mr Chris Chong presented the Christmas gifts and goodie bags to the four homes.  \u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/DSC_0118.JPG\" alt=\"\">\u003C/p>\u003Cp>At the presentation ceremony, special performances included a spectacular magic show followed by a Christmas carol by the children from Shepherd’s Centre Foundation.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_131354.jpg\" alt=\"\">\u003C/p>\u003Cp>All the children enjoyed their time at the adventurous District 21, a first-of-its-kind 70,000 sq. ft. indoor adventure theme park located in the mall where the children got to climb, jump, slide and fly while exploring every game and challenge laid out.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/20181212_104041_edited.jpg\" alt=\"\">             \u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/DSC_0044.JPG\" alt=\"\">\u003C/p>\u003Cp>The children were also be treated to lunch by Texas Chicken and a complimentary screening of \u003Ci>Fantastic Beasts: The Crimes of Grindelwald \u003C/i>at Golden Screen Cinemas.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/DSC_0028(1).JPG\" alt=\"\">             \u003Cimg style=\"height:333px;width:500px;\" src=\"https://www.ioigroup.com/Files/News/image/DSC_0154.JPG\" alt=\"\">  \u003C/p>\u003Cp>Upon departure, they were presented with goodies by Hogan Bakery. The event was a success and everyone left with huge smiles on their faces.\u003C/p>\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/26.jpg\" alt=\"\">\u003C/p>\u003Cp>\u003Cbr>It was a one-of-a-kind celebration! Many thanks to all who have made this event a success.\u003Cbr> \u003C/p>\u003Cp> \u003C/p>",{"name":1216,"file_name":1216,"url":1217},"20181212_icm_xmas_7_850_9668_x3.jpg","https://www.ioigroup.com/storage/717/20181212_icm_xmas_7_850_9668_x3.jpg","2025-05-04T07:31:20.000000Z",{"meta_title":1213,"meta_description":1220,"meta_keywords":18},"PUTRAJAYA, 12 December 2018 – IOI Group together with its foundation, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), and IOI City...",{"id":1222,"title":1223,"source":7,"body":1224,"published":9,"date":1225,"image":1226,"updated_at":1230,"created_at":1154,"metatag":1231},42,"Joint Media Statement by IOI Corporation Berhad and IOI Properties Group Berhad on the passing of Tan Sri Dato' Dr Lee Shin Cheng","\u003Cp>\u003Cimg style=\"-webkit-text-stroke-width:0px;background-color:rgb(255, 255, 255);box-sizing:border-box;color:rgb(33, 37, 41);font-family:Roboto, Arial;font-size:16px;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;height:669px;letter-spacing:normal;orphans:2;text-align:center;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;vertical-align:middle;white-space:normal;widows:2;width:400px;word-spacing:0px;\" src=\"https://www.ioigroup.com/Files/News/image/Tan%20Sri_2009%20(original)_edited.jpg\" alt=\"\">\u003C/p>\u003Cp>It is with deep sadness that the Companies announce the passing away of our Founder and Executive Chairman, Tan Sri Dato’ Dr Lee Shin Cheng on 1 June 2019. Tan Sri Dato’ Dr Lee passed away peacefully after a period of illness at the age of 80. \u003Cbr>\u003Cbr>It is through Tan Sri Dato’ Dr Lee’s vision, hard work and enterprising spirit that both of our Companies have become leading corporations in our respective sectors. IOI Corporation Berhad is an integrated palm oil company which has operations in eight countries across Asia, Africa, Europe and North America; while IOI Properties Group Berhad is a property development and investment company which has substantial presence in Singapore and China. \u003Cbr>\u003Cbr>On the community and industry service front, Tan Sri Dato’ Dr Lee was the patron and advisor of many community and business associations in Malaysia. Among his most notable contributions was leading the redevelopment of the 111-year old Kuen Cheng Secondary School as the Chairman of its Board of Directors over the last 20 years. The charity foundation founded by him, IOI Foundation (formerly known as Yayasan Tan Sri Lee Shin Cheng), contributed to the entire development of Shin Cheng (Harcroft) Primary School in Puchong, Selangor, besides many other educational and community welfare activities over the last 25 years. \u003Cbr>\u003Cbr>Tan Sri Dato’ Dr Lee leaves behind his wife, six children and 12 grandchildren. His eldest son, Dato’ Lee Yeow Chor, is the Chief Executive Officer of IOI Corporation Berhad and the Chairman of Malaysian Palm Oil Council. His other son, Mr Lee Yeow Seng and his second daughter, Ms Lee Yoke Har, are respectively the Chief Executive Officer and the Executive Director of IOI Properties Group Berhad.\u003C/p>","2019-06-02T00:00:00.000000Z",{"name":1227,"file_name":1228,"url":1229},"Tan Sri_2009 (original)_edited.jpg","Tan-Sri_2009-(original)_edited.jpg","https://www.ioigroup.com/storage/927/Tan-Sri_2009-(original)_edited.jpg","2025-05-04T07:30:10.000000Z",{"meta_title":1223,"meta_description":1232,"meta_keywords":18},"It is with deep sadness that the Companies announce the passing away of our Founder and Executive Chairman, Tan Sri Dato’ Dr Lee Shin Cheng on 1 June...",{"id":1234,"title":1235,"source":7,"body":1236,"published":9,"date":1237,"image":1238,"updated_at":1241,"created_at":1154,"metatag":1242},43,"IOI Corporation Wins Special Mention Award for Leadership Trust under PwC Malaysia Building Trust Awards","\u003Cp>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/News/image/01(2).jpg\" alt=\"\">\u003C/p>\u003Cp>IOI Corporation Berhad (IOIC) received the Special Mention Award for Leadership Trust during the PwC Malaysia’s Building Trust Awards (BTA) 2019’s ceremony which was held on 2 July 2019 at the Majestic Hotel, Kuala Lumpur. \u003Cbr>\u003Cbr>Established in 2015, the PwC BTA is a prestigious award where the finalists are selected from only the top 50 companies on Bursa Malaysia. It is the first in Malaysia to measure trust and does not accept nominations or submissions. \u003Cbr>\u003Cbr>IOIC was recognised for its efforts in building trust as indicated by Iclif's Leadership Trust Survey and outperformed the finalists’ average in all elements of the survey. The survey measures the effectiveness of a company’s leadership in laying the foundation for trust internally as well as employees’ perception of the company’s leadership culture. The judges noted that the strong internal trust corresponds with the common perception of the company’s long-serving and highly engaged employee pool. \u003Cbr>\u003Cbr>“The award is an endorsement of IOI Core Values in particular Integrity, and the tradition of Leadership by Example started by our founder, the late Tan Sri Dato’ Dr Lee Shin Cheng,” said IOIC Group Managing Director and Chief Executive Dato’ Lee Yeow Chor. \u003Cbr>\u003Cbr>Thank you to all IOI employees and all stakeholders who have participated in the survey and for your trust in the Group’s leadership. We will strive to further improve our efforts in building trust within and outside the Group. \u003Cbr> \u003C/p>","2019-07-02T00:00:00.000000Z",{"name":1239,"file_name":1239,"url":1240},"012.jpg","https://www.ioigroup.com/storage/718/012.jpg","2025-05-04T07:29:42.000000Z",{"meta_title":1235,"meta_description":1243,"meta_keywords":18},"IOI Corporation Berhad (IOIC) received the Special Mention Award for Leadership Trust during the PwC Malaysia’s Building Trust Awards (BTA) 2019’s cer...",{"id":1245,"title":1246,"source":7,"body":1247,"published":9,"date":1248,"image":18,"updated_at":1249,"created_at":1249,"metatag":1250},1,"Dato’ Lee Yeow Chor appointed Chief Executive Officer of IOI Corporation Bhd and Mr Lee Yeow Seng appointed Chief Executive Officer of IOI Properties Group Berhad","\u003Cp>Putrajaya, 8 January 2014 – IOI Group today announced the appointment of Dato’ Lee Yeow Chor as Chief Executive Officer of IOI Corporation Berhad (“IOI Corp”) and Mr Lee Yeow Seng as Chief Executive Officer of IOI Properties Group Berhad (“IOI Prop”), with effect from 8 January 2014.\u003C/p>\r\n\u003Cp>Dato’ Lee Yeow Chor has vast experience in overseeing the operations of IOI Group since his appointment as Group Executive Director on 25 April 1996 and was closely involved with the Group’s three core business segments, namely oil palm plantations, resource-based manufacturing, and property development and investment.\u003C/p>\r\n\u003Cp>Dato’ Lee was trained as a barrister from Gray’s Inn, London and holds a LLB (Honours) from King’s College London and a Postgraduate Diploma in Finance and Accounting from London School of \u003Cbr />\r\n  Economics. He is the Chairman of the Malaysian Palm Oil Council and also serves as a Council Member in the Malaysian Palm Oil Association. \u003C/p>\r\n\u003Cp>Meanwhile, Mr Lee Yeow Seng, who was first appointed to the Board of IOI Corp on 3 June 2008 as Executive Director, has been actively involved in corporate affairs and general management within IOI Group. \u003C/p>\r\n\u003Cp>He holds a LLB (Honours) from King’s College London and was admitted to the Bar of England & Wales by Inner Temple. He has served at the London and Singapore offices of a leading international financial services group prior to joining IOI Corp.\u003C/p>\r\n\u003Cp>Tan Sri Dato’ Lee Shin Cheng remains as the Executive Chairman of IOI Corp and will also helm IOI Prop as the Executive Chairman.\u003C/p>","2014-01-08T00:00:00.000000Z","2025-05-02T11:55:54.000000Z",{"meta_title":1246,"meta_description":1251,"meta_keywords":18},"Putrajaya, 8 January 2014 – IOI Group today announced the appointment of Dato’ Lee Yeow Chor as Chief Executive Officer of IOI Corporation Berhad (“IO...",{"id":1253,"title":1254,"source":7,"body":1255,"published":9,"date":1256,"image":18,"updated_at":1249,"created_at":1249,"metatag":1257},2,"Appointment of Senior Management of IOI Properties Group Berhad","\u003Cp>IOI Properties Group Berhad (“IOIPG”) has appointed Mr Cheah Wing Choong as Chief Operating Officer [“COO”] (Property Investments) with effect from 22 September 2014.\u003C/p>\r\n\u003Cp>He is a Charted Surveyor with approximately 33 years of experience in property consultancy, property development, project and asset management, valuation and property management for a wide spectrum of commercial, residential and institutional properties.  Prior to joining IOIP, he was the COO (Property Investments) of Sunway Group, a position he has held since 2009.\u003C/p>\r\n\u003Cp>Mr Cheah holds a Master’s Degree in Business Administration from University of Bath, England and a Bachelor’s Degree in Estate Management from Heriot-Watt University, Scotland. He is a Member of the Institution of Surveyors Malaysia (“FISM”), Member of Royal Institution of Chartered Surveyors, UK and a registered valuer for Board of Valuers, Appraisers and Estate Agents.\u003C/p>\r\n\u003Cp>IOIPG has also appointed Mr Teh Chin Guan as COO (Property Development) and Ms Betty Lau as the Chief Financial Officer (“CFO”) of the Group, with effect from 1 October 2014. \u003C/p>\r\n\u003Cp>Mr Teh was the Property Director of IOIPG and oversaw the daily operations of the Group’s property developments in the Klang Valley. Mr Teh brings with him many years of experience from the property and construction industry. He has held various senior positions in Berjaya Land Bhd prior to joining the organisation in 2006. Mr Teh holds a Bachelor’s Degree in Engineering (Honours) from University Teknologi Malaysia and is a member of Harvard Club of Malaysia. \u003C/p>\r\n\u003Cp>As the General Manager (Finance) of IOIPG, Ms Lau was responsible for the full spectrum of financial management including financial reporting function, and to steer the direction of financial operations of the Group. She is a Fellow of the Association of Chartered Certified Accountants (“FCCA”), a member of the Malaysian Institute of Accountants (“MIA”) and a member of the Institute of Chartered Secretaries and Administrators (“ICSA”). \u003C/p>\r\n\u003Cp>She has honed her financial management skills with companies in various industries in Malaysia, Singapore, Britain, United States and China. Prior to joining IOI Group in 2010, she was the Group Financial Controller of INTI International University/Laureate Educational Group. \u003Cbr />\r\n\u003C/p>","2014-10-01T00:00:00.000000Z",{"meta_title":1254,"meta_description":1258,"meta_keywords":18},"IOI Properties Group Berhad (“IOIPG”) has appointed Mr Cheah Wing Choong as Chief Operating Officer [“COO”] (Property Investments) with effect from 22...",{"id":1260,"title":1261,"source":7,"body":1262,"published":9,"date":1263,"image":18,"updated_at":1249,"created_at":1249,"metatag":1264},3,"IOI Statement on Finnwatch Report","\u003Cp>\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/IOI_statement_on_Finnwatch_Report.pdf\" target=\"_blank\">IOI Statement on Finnwatch Report\u003C/a>\u003C/p>","2014-09-22T00:00:00.000000Z",{"meta_title":1261,"meta_description":1261,"meta_keywords":18},{"id":1266,"title":1267,"source":7,"body":1268,"published":9,"date":1269,"image":18,"updated_at":1249,"created_at":1249,"metatag":1270},4,"The World’s Largest Palm Oil Players Commit to Funding High Carbon Stock Study","\u003Cp>\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/140731_PR_on_HCS_Study_Final.pdf\" target=\"_blank\">The World’s Largest Palm Oil Players Commit to Funding High Carbon Stock Study\u003C/a>\u003C/p>","2014-07-30T00:00:00.000000Z",{"meta_title":1267,"meta_description":1267,"meta_keywords":18},{"id":1272,"title":1273,"source":7,"body":1274,"published":9,"date":1275,"image":18,"updated_at":1249,"created_at":1249,"metatag":1276},5,"Major Growers Commit to No HCS Development as HCS Study Starts in Earnest","\u003Cp>  The world’s five biggest growers of oil palm, namely Asian Agri, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Musim Mas Group and Sime Darby Plantation, have agreed not to develop potential high carbon stock areas with immediate effect, while the \u003Ca href=\"http://www.carbonstockstudy.com\" target=\"_blank\">High Carbon Stock (HCS) Study\u003C/a> they are funding is underway. \u003C/p>\r\n\u003Cp>  The HCS Study will, when completed, provide reliable information on greenhouse gas emissions (GHG) and socio-economic considerations to guide decisions on land conversion to oil palm plantations. The steering committee overseeing the 12-month study is led by leading environmentalist Sir Jonathon Porritt and eminent forest ecologist Dr John Raison. \u003C/p>\r\n\u003Cp>  The study is being funded by the five grower companies, agribusiness groups Wilmar International and Cargill and consumer-goods company Unilever. \u003Cbr />\r\nThis latest decision by the growers comes as a technical committee of 8 scientific experts comes together to undertake the task of guiding and contributing to the work for the HCS Study. \u003C/p>\r\n\u003Cp>  Dr. Raison, who is leading the science study said “This study is both well-resourced and fully independent, with all findings to be publicly available. It will extend earlier HCS work to provide more reliable estimates of GHG emissions from both biomass and soils resulting from the establishment as well as on-going management of oil palm plantations. It will also examine the socio-economic implications of setting varying thresholds for acceptable GHG emissions in different locations. These are critical inputs to guide improved land use planning, and better management of oil palm plantations.” \u003C/p>\r\n\u003Cp>  The grower companies and their co-funders in the HCS Study recognise that the findings of the Study will have far reaching implications on developing countries along the equatorial belt, where oil palm is typically grown. As this is a relatively new and complex area of study, similar efforts such as the HCS Approach which was announced on 16 September 2014, are welcome developments that will bring more knowledge and experience to the table, furthering the advancement of sustainable development along the palm oil supply chain. \u003C/p>\r\n\u003Cp>  As members of the Roundtable on Sustainable Palm Oil (RSPO), the growers are already preserving virgin forests, High Conservation Value (HCV) areas, and peat land. \u003C/p>\r\n\u003Cp>They are also working to submit carbon maps and greenhouse gas emission estimates voluntarily to the RSPO. \u003C/p>\r\n\u003Cp>\u003Cstrong>Sustainable Palm Oil Manifesto \u003C/strong>\u003C/p>\r\n\u003Cp>  The five growers are signatories of the Manifesto, which sets higher standards on sustainable palm oil production compared to the RSPO, for growers, traders, end users, and other stakeholders. The Manifesto demands increased commitment to sustainable production across the supply chain. This includes no deforestation, creating traceable and transparent supply chains, and protecting peat areas, while ensuring economic and social benefits for the local people and communities where oil palm is grown, and respecting their right to give consent to proposed developments or conservation through the Free, Prior and Informed Consent (FPIC) process. The HCS Study is a key component of the Manifesto. \u003C/p>\r\n\u003Cp>  Further announcements will be made on the progress of the study.\u003Cbr />\r\n\u003C/p>","2014-09-19T00:00:00.000000Z",{"meta_title":1273,"meta_description":1277,"meta_keywords":18},"The world’s five biggest growers of oil palm, namely Asian Agri, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, Musim Mas Group and Sime Darby Pl...",{"id":1279,"title":1280,"source":7,"body":1281,"published":9,"date":1282,"image":18,"updated_at":1249,"created_at":1249,"metatag":1283},6,"IOIPG's Statement on Proposed Acquisition of 37.17% stake in Taipei 101 (Chinese)","\u003Cp>\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/IOIPG_s_Statement_on_Proposed_Acquisition_Chinese_101214.pdf\" target=\"_blank\">IOIPG's Statement on Proposed Acquisition of 37.17% stake in Taipei 101 (Chinese)\u003C/a>\u003C/p>","2014-12-10T00:00:00.000000Z",{"meta_title":1280,"meta_description":1280,"meta_keywords":18},{"id":1285,"title":1286,"source":7,"body":1287,"published":9,"date":1288,"image":18,"updated_at":1249,"created_at":1249,"metatag":1289},7,"IOIPG's Statement on Proposed Acquisition of 37.17% stake in Taipei 101 (English)","\u003Cp>\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/IOIPG_s_Statement_on_Proposed_Acquisition_English_111214.pdf\" target=\"_blank\">IOIPG's Statement on Proposed Acquisition of 37.17% stake in Taipei 101 (English)\u003C/a>\u003C/p>","2014-12-11T00:00:00.000000Z",{"meta_title":1286,"meta_description":1286,"meta_keywords":18},{"id":1291,"title":1292,"source":7,"body":1293,"published":9,"date":1294,"image":18,"updated_at":1249,"created_at":1249,"metatag":1295},8,"IOI Corporation Berhad’s response to RSPO findings on the Finnwatch Report","\u003Cp>With regard to the Finnwatch Report entitled “Corporate responsibility of Finnish palm oil purchases”, the Roundtable on Sustainable Palm Oil (RSPO) has carried out an investigation at the three IOI estates to verify the comments/allegations made in the report. Its \u003Ca target=\"_blank\" href=\"http://www.rspo.org/news-and-events/news/statement-finnwatch-report-update-summary-of-rspo-secretariat-findings-and-recommendations\">findings\u003C/a> found “no evidence of infringement of the RSPO Principle and Criteria or National Legislation”. \u003Cbr />\u003Cbr />As a member of RSPO, IOI Corporation Berhad (IOI) accepts the findings and recommendations made by RSPO on 15 December 2014, and has formulated a time-bound \u003Ca target=\"_blank\" href=\"https://www.ioigroup.com/Files/News/pdf/Action%20Plans%20Re%20FinnWatch%20with%20annex%20Final%20Draft_DL.pdf\">action plan\u003C/a> to further improve on its operations and policies. The action plan addresses issues related to foreign workers’ recruitment, travel documents, minimum wage regulation, and freedom of association. In addition, IOI will continue to conduct periodical maintenance and upgrading of its workers’ quarters which are in compliance with the Workers’ Minimum Standards of Housing and Amenities Act (1990).\u003Cbr />\u003Cbr />IOI remains focused in its efforts to run a business that is competitive, yet sustainable, within the industry landscape. As outlined in its Sustainability Policy Statement, IOI subscribes to the United Nations’ Universal Declaration of Human Rights and provides fair and equal employment opportunities for all employees regardless of nationality, race and religion. This is in line with IOI’s long-held commitment to achieve a balanced development for the people and the planet. \u003Cbr />\u003Cbr />\u003Cbr />\u003Cbr />\u003Cbr />Too Heng Liew\u003Cbr />Head of Sustainability (Malaysia/Indonesia)\u003Cbr />IOI Corporation Berhad\u003Cbr />19 December 2014\u003Cbr />\u003C/p>","2014-12-19T00:00:00.000000Z",{"meta_title":1292,"meta_description":1296,"meta_keywords":18},"With regard to the Finnwatch Report entitled “Corporate responsibility of Finnish palm oil purchases”, the Roundtable on Sustainable Palm Oil (RSPO) h...",{"id":1298,"title":1299,"source":7,"body":1300,"published":9,"date":1301,"image":18,"updated_at":1249,"created_at":1249,"metatag":1302},9,"Catch “Back to Basics” on Asian Food Channel (AFC)","\u003Cp>Every Monday beginning 16 December 2013 at 9:30 p.m. on Asian Food Channel (Astro Channel 703), MPOC’s “Back to Basics” will feature master chef Martin Yan whipping up delicious food cooked with palm oil. Viewers will get to know the various benefits of palm oil highlighted in the culinary show which is a collaboration between Malaysian Palm Oil Council (MPOC) and Asian Food Channel (AFC). \u003C/p>\r\n\u003Cp>  The show features Chef Martin Yan and his guests as they head to IOI Group’s Sagil Estate to learn more about IOI’s pivotal role in promoting the use of palm oil, its plantation operations and sustainability practices.\u003C/p>\r\n\u003Cp>  Be sure to tune in to AFC at 9:30 p.m. on every Monday. IOI’s Sagil Estate is featured in four episodes and their schedule of appearance is as follows:\u003C/p>\r\n\u003Cul>\r\n  \u003Cli>Episode 09 - 10 February 2014\u003C/li>\r\n  \u003Cli>    Episode 10 - 17 February 2014\u003C/li>\r\n  \u003Cli>    Episode 11 - 24 February 2014 \u003C/li>\r\n  \u003Cli>    Episode 12 - 3 March 2014\u003Cbr />\r\n  \u003C/li>\r\n\u003C/ul>","2013-12-17T00:00:00.000000Z",{"meta_title":1299,"meta_description":1303,"meta_keywords":18},"Every Monday beginning 16 December 2013 at 9:30 p.m. on Asian Food Channel (Astro Channel 703), MPOC’s “Back to Basics” will feature master chef Marti...",{"id":1305,"title":1306,"source":7,"body":1307,"published":9,"date":1308,"image":18,"updated_at":1249,"created_at":1249,"metatag":1309},10,"500,000 ton mark of sustainable palm oil reached by IOI Loders Croklaan","\u003Cp>IOI Loders Croklaan, one of the world’s leading suppliers of sustainable palm oil has reached a major milestone in the importation of RSPO certified palm oil. Between August 2011 and July 2013, the company has imported and marketed more than 500,000 ton of sustainable palm oil products in the European Union.\u003C/p>\r\n\u003Cp>\r\n  Over this period, IOI Loders Croklaan has seen the turnover of RSPO-certified products grow progressively. Hidde van Kersen, IOI Loders Croklaan sustainability director: “For 2013 our goal is to increase the volume of certified sustainable palm oil to 30% of our European sales. We are currently a leading importer of sustainable palm oil into Europe and see the 500,000 ton mark as proof that our efforts to make sustainable palm oil the market standard are yielding results. ”.\u003C/p>\r\n\u003Cp>\r\n  In terms of certification systems, van Kersen sees a rapid movement towards palm oil offered as Mass Balance and Segregated. “This is good news as both systems require physical shipments of sustainable palm oil into Europe, helping to make our market fully sustainable”\r\n  IOI Loders Croklaan’s sustainable oil is primarily produced by its parent company, IOI Group in Malaysia. The Group expects to reach full RSPO certification of its plantations by the end of the year.\u003C/p>","2013-07-26T00:00:00.000000Z",{"meta_title":1306,"meta_description":1310,"meta_keywords":18},"IOI Loders Croklaan, one of the world’s leading suppliers of sustainable palm oil has reached a major milestone in the importation of RSPO certified p...",{"id":1312,"title":1313,"source":7,"body":1314,"published":9,"date":1315,"image":18,"updated_at":1249,"created_at":1249,"metatag":1316},11,"IOI Loders Croklaan appoints Patrick Cobussen as European Sales Director","\u003Cp>Amsterdam, June 19, 2013 – IOI Loders Croklaan is pleased to announce the appointment of Patrick Cobussen as the new European sales director, starting July 1st, 2013. Mr. Cobussen succeeds Roald Hulst, who has taken up the position of global sales & marketing director within the IOI Loders Croklaan Group.\u003C/p>\u003Cp>“Every day, products made with our fats and oils are consumed by millions of people in Europe. Offering the manufacturers of these products the best service experience via the integrated sales of bulk and specialty products from our Rotterdam and Wormerveer plants will be the focus for my first year. Our segment experts will be focused on developing opportunities for mutual growth by partnering with our customers” comments Cobussen, who sees that todays’ challenging market remains to offer growth opportunities for companies with the right attitude towards innovation and sustainability.\u003C/p>\u003Cp>“Innovation is about new products and about new ways of doing business. By creating these innovations together with our customers, we increase the success of all parties involved” says Cobussen, who continues to mention the growing importance of supporting customers with risk management tools to optimize buying decisions in the volatile market for vegetable fats and oils. “We will continue to develop our position as the expert on our main commodities ensuring our customers access to the best possible market information”.\u003C/p>\u003Cp>In his role as sales director Europe, Mr. Cobussen will be reporting to Dr. Loek Favre, Chief Operating Officer of IOI Loders Croklaan Europe. Since 2004, Mr. Cobussen has taken several positions within Loders Croklaan, the last one as unit manager for the European specialty sales.\u003Cbr />\u003C/p>\u003Cp>\u003Cstrong>About IOI Loders Croklaan\u003C/strong>\u003C/p>\u003Cp>IOI Loders Croklaan is a leading global integrated supplier of commodity and specialty oils and fats, offering the food industry an unprecedented combination of lipids knowledge and application expertise to respond to their specific needs through operational excellence, vertical integration and technical leadership. IOI Loders Croklaan has manufacturing facilities in the Netherlands, North America and in Malaysia serving customers in 65 countries worldwide.\u003C/p>\u003Cp>\u003Cstrong>Contact: \u003Cbr />\u003C/strong>Jan-Paul Back, Marketing Manager Europe\u003Cbr />Tel: +31 (0)75 629 2532\u003Cbr />Mob:+31 (0)6 525 055 81\u003Cbr />\u003Ca href=\"http://www.croklaan.com/\" target=\"_blank\">www.croklaan.com\u003C/a>\u003C/p>","2013-06-19T00:00:00.000000Z",{"meta_title":1313,"meta_description":1317,"meta_keywords":18},"Amsterdam, June 19, 2013 – IOI Loders Croklaan is pleased to announce the appointment of Patrick Cobussen as the new European sales director, starting...",{"id":1319,"title":1320,"source":7,"body":1321,"published":9,"date":1322,"image":18,"updated_at":1249,"created_at":1249,"metatag":1323},12,"IOI Properties Wins Three Asia Pacific Property Awards","\u003Cp>Once again, the prestigious project developments spearheaded by IOI Properties Berhad garnered top accolades at the recent Asia Pacific Property Awards 2013-2014. \u003C/p>\r\n\u003Cp>  Property Director Mr Teh Chin Guan and Senior General Manager Ms Lee Yoke Har received the following awards during the award presentation ceremony hosted in Shangri-La Hotel, Kuala Lumpur on 10 May 2013: \u003C/p>\r\n\u003Cul>\r\n  \u003Cli>Best Retail Development (Malaysia) – IOI City Mall\u003C/li>\r\n  \u003Cli>    Best Golf Development (Malaysia) – Palm Garden Golf Club\u003C/li>\r\n  \u003Cli>    Highly Commended: Commercial High-rise Development (Malaysia) – Puchong Financial Corporate Centre (PFCC)\u003C/li>\r\n\u003C/ul>\r\n\u003Cp>With 429 awards bestowed upon 260 companies from 23 countries in the region, it was the biggest International Property Awards regional event in the awards programme’s 19-year history. \u003Cbr />\r\n\u003C/p>\r\n\u003Cp>Congratulations to IOI Properties Berhad!\u003Cbr />\r\n\u003C/p>\r\n\u003Cp>For further information, please contact the Corporate Communications Department @ 03-8947 8888. \u003C/p>","2013-05-28T00:00:00.000000Z",{"meta_title":1320,"meta_description":1324,"meta_keywords":18},"Once again, the prestigious project developments spearheaded by IOI Properties Berhad garnered top accolades at the recent Asia Pacific Property Award...",{"id":1326,"title":1327,"source":7,"body":1328,"published":9,"date":1329,"image":18,"updated_at":1249,"created_at":1249,"metatag":1330},13,"Two More RSPO Certification for IOI Group","\u003Cp>IOI Group successfully attained two more Roundtable on  Sustainable Palm Oil (RSPO) Compliance Certification for its Plantation  Management Unit Syarimo Grouping and Ladang Sabah Grouping on 20 March 2013 and  3 April 2013 respectively, of which both certificates are valid for the next  five years. To date, 83% of its palm oil mills and 74% of its plantations  estates have been RSPO-certified.\u003C/p>\r\n\u003Cp>As of FY 2012, the Group is listed as the second top  Certified Sustainable Palm Oil (CSPO) producer in Malaysia and contributes 14%  to the total volume of national CSPO. It targets to achieve 100% RSPO  certification by 2013 in order to meet the on-going growth in the use of  sustainable palm oil in Europe and United States.\u003C/p>\r\n\u003Cp>Congratulations to IOI Group!\u003C/p>","2013-04-20T00:00:00.000000Z",{"meta_title":1327,"meta_description":1331,"meta_keywords":18},"IOI Group successfully attained two more Roundtable on Sustainable Palm Oil (RSPO) Compliance Certification for its Plantation Management Unit Syarimo...",{"id":1333,"title":1334,"source":7,"body":1335,"published":9,"date":1336,"image":18,"updated_at":1249,"created_at":1249,"metatag":1337},14,"Switch Off and Celebrate Earth Hour 2015","\u003Cp>  Since 2009, IOI Group has made a united stand to  support Earth Hour, a green movement initiated by WWF to raise awareness about  climate change. This move is in line with our long-term commitment to  sustainable development and reduction of environmental footprint of our  operations.\u003C/p>\r\n\u003Cp>  This  year, the Earth Hour’s theme of \u003Cstrong>“Use Your Power to Change Climate Change”\u003C/strong> emphasises the power to reduce consumption of power, water and other natural  resources. Switching the lights off for 60 minutes may seem like a small act  but together, it leads to significant impacts. \u003C/p>\r\n\u003Cp>  We  would like to encourage all IOI employees, customers and tenants to join us in  this inspiring global celebration by switching off unnecessary lights and  electronic appliances for an hour on Saturday, 28 March 2015 from 8:30 pm to  9:30 pm. Non-essential lights at IOI headquarters, manufacturing plants, malls  and hotels will also be switched off. In addition, IOI subsidiaries will be  organising green activities to commemorate Earth Hour. \u003C/p>\r\n\u003Cp>  All  of us can play a role to build a more sustainable future. Let’s make a  difference and use your power to change climate change!\u003C/p>","2015-03-24T00:00:00.000000Z",{"meta_title":1334,"meta_description":1338,"meta_keywords":18},"Since 2009, IOI Group has made a united stand to support Earth Hour, a green movement initiated by WWF to raise awareness about climate change. This m...",{"id":1340,"title":1341,"source":7,"body":1342,"published":9,"date":1343,"image":18,"updated_at":1249,"created_at":1249,"metatag":1344},15,"IOI’s Statement in response to report and complaint to RSPO by aidenvironment on PT. SKS, PT. BNS and PT. BSS, Indonesia dated 30 March 2015.","\u003Cp> IOI views with great concern the serious allegations contained in the said report and complaint by aidenvironment.  IOI has adopted a stringent Sustainability Policy which was made public and in some aspects goes above the standards specified in the RSPO certification scheme.  IOI takes pride in its long tradition of following sustainability practices and adherence to its public commitments.\u003C/p>\r\n\u003Cp>  The said report consists of two parts : The first part relates to PT. SKS and PT. BNS where many of the allegations first surfaced in years 2010 and 2011.  IOI had conducted an extensive investigation of the allegations with the assistance of an RSPO – accredited auditor during that time and the matter was concluded in year 2012 with a statement by the RSPO’s Grievance Panel.  In this instance, IOI will nevertheless investigate the few fresh allegations contained in this part of the said report.\u003C/p>\r\n\u003Cp>  The second part of the said report relates to PT. BSS where the allegations can be considered to be new allegations.  Soon after the said report was made known to us,IOI has sent its sustainability team to the ground to investigate the allegations with the assistance of a local consultant firm which is well-versed with the conditions and regulations in Western Kalimantan.  Our sustainability team and the consultant are still in the midst of verifying the substantive allegations and will produce a report in due course.\u003C/p>\r\n\u003Cp>  At the same time, in response to the complaint submitted to RSPO, IOI is in the process of engaging an RSPO – accredited auditor to investigate the allegations and produce an independent report.  We anticipate the site investigation by the auditor may take some time due to the auditor’s usually busy schedule but is hopeful that it will happen in mid-May and a report  be produced in end June 2015.  If the report reveals any shortcoming or breach of RSPO’s P&C, IOI will, in consultation with RSPO, take the necessary steps to rectify the shortcoming or breach.\u003C/p>\r\n\u003Cp>  Too Heng Liew\u003Cbr />\r\n  Head of Sustainability (Malaysia and Indonesia)\u003Cbr />\r\n  IOI Corporation Berhad\u003Cbr />\r\n  15 April 2015\u003Cbr />\r\n\u003C/p>","2015-04-15T00:00:00.000000Z",{"meta_title":1341,"meta_description":1345,"meta_keywords":18},"IOI views with great concern the serious allegations contained in the said report and complaint by aidenvironment. IOI has adopted a stringent Sustain...",{"id":1347,"title":1348,"source":7,"body":1349,"published":9,"date":1350,"image":18,"updated_at":1249,"created_at":1249,"metatag":1351},16,"IOI Corporation Berhad’s response to RSPO statement dated 9 April 2015 on the Finnwatch follow-up report","\u003Cp>Following the Finnwatch original report published in 2014, RSPO had requested the relevant certification bodies to conduct a thorough check of the minimum wage; workers’ accommodation conditions; the agreement of workers’ contracts through labour agencies; and the retention of worker’s passports on the estates in question.\u003C/p>\r\n\u003Cp>One of IOI Group’s plantations in Pamol Kluang Complex was verified in January 2015 by the international certification body BSi (British Standards Institution). After the verification’s findings were made known, RSPO issued a statement dated 9 April 2015. \u003C/p>\r\n\u003Cp>IOI welcomes the statement by RSPO which is a balanced response to Finnwatch’s reports.  The statement highlighted that the verification has revealed non-compliance in regards to minimum wages of foreign workers involved in piece-rated work.             (Note: During a subsequent re-verification audit in end March 2015, BSi has agreed that corrective actions have been taken by IOI to restitute the four workers listed in the findings.)\u003C/p>\r\n\u003Cp>At the same time, the RSPO statement has also stated that the probationary periods for new employees were as per the “Guideline on the Implementation of The Minimum Wages Order 2012”.  Regarding workers accommodation conditions and the retention of workers passports, BSi found that the existing facilities and process are acceptable by the employees. The RSPO statement also agrees that IOI has taken measures to improve the working conditions on its estates which were mentioned in the Finnwatch report.\u003C/p>\r\n\u003Cp>IOI will continue to monitor the measures which has been stated in its Action Plan published in December 2014 (just before the verification visit by BSi) and the implementation of the Plan is now in its advance stage. IOI will continue to work with RSPO to ensure full compliance with its Principles and Criteria on its certified mills and plantations. \u003C/p>\r\n\u003Cp>IOI remains focused in its efforts to run a business that is sustainable and competitive within the industry landscape. This is in line with IOI’s long-held commitment to achieve a balanced development for the people and the planet.\u003Cbr />\r\n\u003C/p>","2015-04-29T00:00:00.000000Z",{"meta_title":1348,"meta_description":1352,"meta_keywords":18},"Following the Finnwatch original report published in 2014, RSPO had requested the relevant certification bodies to conduct a thorough check of the min...",{"id":1354,"title":1355,"source":7,"body":1356,"published":9,"date":1357,"image":18,"updated_at":1249,"created_at":1249,"metatag":1358},17,"IOI Corporation shares updates on its action plan in response to Finnwatch Report","\u003Cp>In December 2014, IOI Corporation Berhad (IOI) developed a time-bound action plan to address issues highlighted in the Finnwatch report titled “Corporate responsibility of Finnwatch palm-oil purchases”. \u003C/p>\r\n\u003Cp>Following a statement dated 29 April 2015 in response to RSPO’s statement dated 9 April, IOI wishes to share the latest updates on its time-bound action plan\u003Cem> [please click \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Action_Plans_Re_FinnWatch_Update_May_2015_R.pdf\" target=\"_blank\">here\u003C/a> ] \u003C/em>. These updates confirm that IOI has internally communicated and implemented all the measures stated in the action plan as of 31 March 2015.\u003C/p>\r\n\u003Cp>As it continues to monitor the implementation of the measures stated in its action plan, IOI is also working closely with the RSPO to ensure full compliance with its Principles and Criteria on its certified mills and plantations. IOI remains focused in its efforts to run a business that is sustainable and competitive within the industry landscape. \u003Cbr />\r\n\u003C/p>","2015-05-27T00:00:00.000000Z",{"meta_title":1355,"meta_description":1359,"meta_keywords":18},"In December 2014, IOI Corporation Berhad (IOI) developed a time-bound action plan to address issues highlighted in the Finnwatch report titled “Corpor...",{"id":1361,"title":1362,"source":7,"body":1363,"published":9,"date":1364,"image":18,"updated_at":1249,"created_at":1249,"metatag":1365},18,"Update on IOI’s statement in response to report and complaint to RSPO by Aidenvironment on PT. SKS, PT. BNS and PT. BSS, Indonesia dated 30 March 2015","\u003Cp>Update on IOI’s statement in response to report and complaint to RSPO by Aidenvironment on PT. SKS, PT. BNS and PT. BSS, Indonesia dated 30 March 2015\u003C/p>\r\n\u003Cp>On 15 April 2015, IOI issued a statement stating that its sustainability team is investigating the allegations by Aidenvironment with the assistance of a local consultant firm. The English version of the report by the local consultant firm is now completed and can be viewed \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Amended_Investigation_on_Aidenvironment_allegation_to_PT_BSS.pdf\" target=\"_blank\">here\u003C/a> .\u003C/p>\r\n\u003Cp>  As mentioned in the same statement, an RSPO-accredited auditor has already conducted the site investigation in mid-May and the report by the auditor is expected to be completed by end-June 2015.\u003C/p>\r\n\u003Cp>  At this juncture, IOI does not wish to make a final stand on the allegations raised by Aidenvironment until after the publication of the auditor’s report.\u003C/p>\r\n\u003Cp>  Briefly, the five main allegations from the Aidenvironment report are: \u003C/p>\r\n\u003Col>\r\n  \u003Cli>\tThe rapid development of PT. BSS resulted in several non-compliance with IOI’s sustainability commitments\u003Cbr />\u003Cbr />\u003C/li>\r\n  \u003Cli>\tHCV site was lost in PT. BSS in 2014\u003Cbr />\u003Cbr />\u003C/li>\r\n  \u003Cli>\tAfter IOI signed up to the peat restoration project in writing, PT. BSS still cleared all peat forest in the restoration project area\u003Cbr />\u003Cbr />\u003C/li>\r\n  \u003Cli>\tIn spite of public policy commitments, IOI continued to deforest in PT. BSS throughout 2014\u003Cbr />\u003Cbr />\u003C/li>\r\n  \u003Cli>\tPT. BNS: illegal forestland occupation\u003C/li>\r\n\u003C/ol>\r\n\u003Cp>  These complaints are found to be unproven and unsubstantiated except for complaint no. (2).\u003C/p>\r\n\u003Cp>  With regard to complaint no. (2), a 4-meter wide canal occupying a total area of 0.9 ha was found to have been constructed in the HCV area. According to IOI’s operational management, the canal was constructed to alleviate flooding which occurred at the upper end of the non-HCV area. IOI will liaise with RSPO in due course on the remediation measure to be taken on the land occupied by the canal.\u003C/p>\r\n\u003Cp>  IOI will continue to provide capacity building and infrastructural support to its employees and contractors to ensure their understanding and compliance with IOI’s sustainability commitments.  Surrounding local communities will also be made aware of the conservation areas within IOI’s concession through stakeholder meetings and dissemination of appropriate sustainability information.\u003C/p>\r\n\u003Cp> \u003C/p>","2015-06-10T00:00:00.000000Z",{"meta_title":1362,"meta_description":1366,"meta_keywords":18},"Update on IOI’s statement in response to report and complaint to RSPO by Aidenvironment on PT. SKS, PT. BNS and PT. BSS, Indonesia dated 30 March 2015...",{"id":1368,"title":1369,"source":7,"body":1370,"published":9,"date":1371,"image":18,"updated_at":1249,"created_at":1249,"metatag":1372},19,"Second Update on IOI’s statement in  response to report and complaint to RSPO by Aidenvironment on PT. SKS, PT. BNS and PT. BSS, Indonesia dated 30  March 2015","\u003Cp>\u003Cbr />From 12 to 16 May 2015,  a Verification Team (VT) from  \u003Cstrong>Intertek Certification International Sdn  Bhd (Intertek)\u003C/strong>, a RSPO-accredited company, conducted an on-site assessment  on PT. BSS particularly at the pertinent locations referenced in the Aidenvironment report of March 2015  and Aksenta report of May 2015.  Following the assessment, Intertek produced a report on its findings in July  2015, a copy of which can be viewed \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/IOI_Ketapang_PT_BSS_Verification_report_July2015.pdf\" target=\"_blank\">here\u003C/a>. \u003C/p>\r\n\u003Cp>The report provides the following notable findings:                            \r\n\r\n\u003C/p>\u003Cul>\r\n  \u003Cli> The  records, sequence of events and approvals shows that IOI has generally followed  the local legal requirements relating to the concession land approvals for the  development of new plantations in Kalimantan, Indonesia;\u003C/li>\r\n  \u003Cli>The  RSPO NPP of March 2014 pertaining to ongoing planting was adhered to;\u003C/li>\r\n  \u003Cli>Documentation  of the RSPO NPP Management Plans under RSPO NPP was inadequate;\u003C/li>\r\n  \u003Cli>Evidence  of clearing at some deep peat forested sites was confirmed by PT. BSS and  subsequent rehabilitation of the site has been sighted;\u003C/li>\r\n  \u003Cli> The  construction of outlet canal to connect to Jelai River at Central South of PT.  BSS was found to have encroached into areas which appeared to be mainly APL  (Areal Penggunaan Lain) shrub land and not ‘Protected Forest’ land (as  alleged);\u003C/li>\r\n  \u003Cli> HCS/HCV  lost near HCV area #2 due to canal construction estimated at 0.9 ha or about  1.0% of the total HCV area of 87 ha as determined in the Aksenta Report (May  2015)  is confirmed and the estimated  area size has been fairly reported;\u003C/li>\r\n  \u003Cli> Evidence  of fire outbreaks within and outside of the concession from July to November  2014 which were recorded by PT. BSS. However, the cause of these fires remains  inconclusive. It can be due to the possibility of naturally occurring peat  fires during the dry season or caused by the traditional practice of local  communities in preparing the land prior to paddy planting;\u003C/li>\r\n  \u003Cli>The Time Bound Plan for PT.  BSS has been reviewed periodically by the plantation management to accommodate  the ‘plasma’ programs made with the local communities in accordance with the  Governmental requirements for new plantations;\u003C/li>\r\n  \u003Cli> Lastly,  during the verification exercise, the senior management of PT. BSS has been  cooperative and has demonstrated a satisfactory degree of willingness and  commitment to work within the requirements of the RSPO NPP.\u003C/li>\r\n\u003C/ul>\r\n\u003Cp>With regard to finding no. 4 about the clearing  at some deep peat forested areas which has been acknowledged earlier by PT.  BSS, the operational management has explained that the clearing was accidentally  done as the ANDAL/EIA report did not reveal that the areas contained deep peat.  The remedial measure for the cleared trees had commenced soon after by  encouraging the regrowth of local vegetation. \u003C/p>\r\n\u003Cp>With regard to finding no. 6 about the HCV area  of 0.9 ha, as has been stated in the previous update statement, IOI will  discuss with RSPO about the remedial measure on the land occupied by the canal.\u003C/p>\r\n\u003Cp>IOI further takes note of the recommendations  contained in both the Intertek report and the earlier Aksenta report and will  implement them where it is appropriate and practical to do so. In fact, a few  of the recommendations have already been implemented to date. \u003C/p>\r\n\u003Cp>With the issuance of this second update on  IOI’s first statement issued on 15 April 2015, IOI believes it has adequately  addressed the concerns and complaints raised by Aidenvironment in its report  dated 30 March 2015. IOI has tried very hard throughout the intervening period  to tackle this matter through a step-by-step, measured and transparent approach  and hopes to have achieved some result in this approach. Looking at the future,  IOI looks forward to more support, cooperation and assistance from various  parties in its journey of Sustainability and Responsibility. \u003C/p>","2015-08-14T00:00:00.000000Z",{"meta_title":1369,"meta_description":1373,"meta_keywords":18},"From 12 to 16 May 2015,  a Verification Team (VT) from  Intertek Certification International Sdn Bhd (Intertek), a RSPO-accredited company, conducted...",{"id":1375,"title":1376,"source":7,"body":1377,"published":9,"date":1378,"image":18,"updated_at":1249,"created_at":1249,"metatag":1379},20,"IOI Oleochemicals Buys Oleochemical Operations of German Firm","\u003Cp>\u003Cbr />IOI Oleochemical Industries Berhad (“IOI Oleo”) is pleased to announce that its indirect wholly-owned subsidiary, Alstersee 217. V V GmbH (to be renamed as IOI Oleo GmbH in the future) has reached a conditional asset purchase agreement with Cremer Oleo GmbH & Co KG to acquire Cremer Oleo’s entire oleochemicals manufacturing business in Germany for €89.4 million or RM433.3 million on 9 September 2015. \u003C/p> \r\n\u003Cp>  Cremer Oleo’s production facilities are located in Witten and Wittenberge respectively. The production plant in Witten offers a broad array of mostly branded oleochemical specialty products for the pharmaceutical, personal care, cosmetic, food and performance chemicals markets worldwide. The Wittenberge plant provides high performance capacities for esterification with multi-step short-path distillation, distillation and fractionation of fatty acids and production of medium-chain triglycerides. Both plants combined offer a processing capacity of approximately 39,200 metric tonnes per annum.\u003C/p>\r\n\u003Cp>  As one of the leading oleochemical producers in the world, IOI Oleo sees the acquisition as a timely and synergistic opportunity for the company to move further up the value chain into a more specialised downstream oleochemical manufacturing business. The acquisition will enable IOI Oleo to expand into the higher margin pharmaceutical, cosmetics, food, and performance chemicals markets worldwide.\u003C/p>\r\n\u003Cp>  IOI Oleo regards the location of the production facilities as strategic as they are situated at the centre of the European Union Region which gives close proximity to key markets in Western Europe and emerging ones in Eastern Europe. The acquisition will also enable the transfer of advanced technical, research and development, application development and process know-how back to Malaysia, benefiting IOI Oleo’s existing oleochemical production sites in Malaysia. \u003C/p>\r\n\u003Cp>  Dato’ Lee Yeow Chor, the Chief Executive Officer of IOI Corporation Berhad (“IOI Corporation”) says: “This acquisition is an important step in the downstream diversification of IOI Corporation’s integrated palm oil business, following our successful acquisition and subsequent integration of the Netherlands-based Loders Croklaan’s specialty fats business about twelve years ago. We are confident about the future growth of this business and will work closely with the management to ensure minimal interruption to the customers and employees during the transition period before the completion of the acquisition”. \u003C/p>\r\n\u003Cp>  The acquisition is subject to regulatory approvals by the relevant authorities of Germany and Malaysia.\u003C/p>","2015-09-21T00:00:00.000000Z",{"meta_title":1376,"meta_description":1380,"meta_keywords":18},"IOI Oleochemical Industries Berhad (“IOI Oleo”) is pleased to announce that its indirect wholly-owned subsidiary, Alstersee 217. V V GmbH (to be renam...",{"id":1382,"title":1383,"source":7,"body":1384,"published":9,"date":1385,"image":18,"updated_at":1249,"created_at":1249,"metatag":1386},21,"IOI Collaborates with Tenaganita to Review Social Conditions","\u003Cp>\u003Cbr />In line with its Sustainability Policy Statement, IOI is pleased to announce the appointment of Tenaganita, a Malaysian non-governmental organisation that protects and promotes the rights of migrant workers, to review the current labour and working conditions in its plantations in Malaysia. \u003C/p>\r\n\u003Cp>  Since the introduction of its Sustainability Policy Statement, IOI has taken various proactive measures to uphold and respect human rights while striving to promote a safe, healthy and harmonious working environment.\u003C/p>\r\n\u003Cp>  The assessment by Tenaganita will seek to address any gaps in IOI’s labour policies and the working practices in its operations with the aim of upholding the Universal Declaration of Human Rights and the Malaysian-ratified International Labour Organisation (ILO) Conventions. \u003C/p>\r\n\u003Cp>  The review and assessment will extend over a duration of nine months which will commence in October 2015.\u003C/p>","2015-09-29T00:00:00.000000Z",{"meta_title":1383,"meta_description":1387,"meta_keywords":18},"In line with its Sustainability Policy Statement, IOI is pleased to announce the appointment of Tenaganita, a Malaysian non-governmental organisation...",{"id":1389,"title":1390,"source":7,"body":1391,"published":9,"date":1392,"image":18,"updated_at":1249,"created_at":1249,"metatag":1393},22,"IOI’s statement in response to Greenpeace’s report titled “Indonesia’s Forests: Under Fire”","\u003Cp>\u003Cbr />On or about 19 November 2015, Greenpeace published a 38-page report titled “Indonesia’s Forests: Under Fire” where IOI Corporation Berhad’s (IOI) plantation development in Indonesia called PT Bumi Sawi Sejahtera (PT BSS) was cited in a 4-page section to support Greenpeace’s various findings and conclusions.\u003C/p>\r\n\u003Cp>  IOI notes that the allegations raised in respect of PT BSS are largely a rehash or a repetition of the allegations raised by another NGO called Aidenvironment in April 2015. Following the allegations raised by Aidenvironment, IOI has produced two reports, one by its mapping consultant and another by an RSPO–accredited auditor which totalled 66 pages, and were uploaded on IOI’s corporate website together with two explanatory statements.\u003C/p>\r\n\u003Cp>  Thus it comes as a surprise to IOI that Greenpeace has commented in its report that “The company (IOI) made no substantial comments on Greenpeace’s statements.” We also wish to point out that although Greenpeace stated that it informed IOI of its findings, it had omitted to state that it had given IOI only ‘one day’ to respond before the publication of its report. This shows that Greenpeace is not interested to find out the truth and is merely paying lip service to the principles of transparency and natural justice.\u003C/p>\r\n\u003Cp>  IOI would like to make the following responses in reference to some of the specific allegations on PT BSS contained in Greenpeace’s report:\u003C/p>\r\n\u003Cul>\r\n  \u003Cli>Contrary to Greenpeace’s report\u003Csup>1\u003C/sup> , PT BSS is not covered by 90% forest as the concession contains significant areas of grasslands and shrubs. The actual forested areas, consisting of secondary forest is 867.98 ha being approximately 8% of the entire concession, are protected and not planted. The peat area makes up less than 7% of the concession, where \r\n  4% (427.3 ha) is peatland above three metres deep. The peat area and forested areas overlap and there has not been any deforestation nor planting on peat in the development of PT BSS;\u003Cbr />\r\n  \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>    The report referenced the moratorium by the signatories of the Sustainable Palm Oil Manifesto (SPOM) not to develop on potential High Carbon Stock (HCS) areas, and as mentioned above, IOI set aside the forested areas for protection. These areas are not planted and there was no deforestation of any sort as suggested by Greenpeace. (A carbon stock inventory\u003Csup>2\u003C/sup>  was conducted to identify these potential HCS areas for protection); \u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>The ground condition and low laying terrain of the concession necessitated for a certain amount of water to be diverted from waterlogged areas via a watergate mechanism which is regular industry practice and does not dry out the land. The destruction of High Conservation Value (HCV) site was the result of external fires spreading inwards\u003Csup>3\u003C/sup>  and not the continued drainage of water as put forward by Greenpeace. The extreme drought compounded by hot weather severely depleted the water allowing fires to spread easily from the surrounding lands into the concession; \u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>Please note that all HCV locations are on the Eastern and Northern part of PT BSS and there are \u003Cstrong>NO\u003C/strong> HCV sites in the South Western areas of PT BSS and neither are there any secondary forest in the South Western or Western part of PT BSS as suggested by Greenpeace\u003Csup>4\u003C/sup>\r\n   – the landscape there are grasslands, shrubs and bushes; \u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>There had been three separate teams of field investigators to PT BSS namely SGS (M) Sdn Bhd, Intertek Certification International Sdn Bhd and Aksenta Indonesia. They have all verified the HCV maps and documentations and also the ground clearance in the fields and have validated the HCV mapping reports and did not find any omissions as stated by Greenpeace; \u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>Greenpeace highlights a reporting by Sarwanto concerning sanctions. Sarwanto states that there are 413 companies being investigated and has mentioned ‘PT BSS’. IOI has been checking and seeking information from all the relevant government agencies concerning this matter and has yet to receive any notification or official correspondence from the Indonesian authorities; it is noted that the reference to ‘PT BSS’ may possibly be an acronym in reference to various other names or companies; \u003Cbr />\r\n    \u003Cbr />\r\n  \u003C/li>\r\n  \u003Cli>We would also like to state again that we had taken immediate rehabilitation actions by planting cuttings of indigenous species in the peat areas that were accidentally cleared before February 2014, the size of the area is approximately 140 ha; we regret this unfortunate mistake which was due to the reliance on the consultant’s report and we had noted this mistake prior to Aidenvironment’s report. We would like to add that we did not plant on these peat areas as per our Peat Policy and therefore did not do any drainage;\u003C/li>\r\n\u003C/ul>\r\n\u003Cp>We would like to reiterate that we have a Zero Burning Policy and that any burnings within the concessions are a result of fires that spread inwards from beyond our concessions. And in view of the extreme conditions in 2015, PT BSS has stepped up and implemented the following additional fire-fighting measures and systems which are over and above the prescribed requirements: \u003C/p>\r\n\u003Cp>a)\tThe installation of tube wells in vulnerable locations, particularly the peat areas, throughout PT BSS to ensure that there are ready source of water to prevent fires from spreading; \u003C/p>\r\n\u003Cp>b)\tAdditional extra emergency fire drills for staff and workers; and \u003C/p>\r\n\u003Cp>c)\tWe will also collaborate with the local government agencies to conduct regular engagements with the local communities to increase awareness to reduce their application of fires for cultivation or hunting purposes.\u003C/p>\r\n\u003Cp>Finally, we would like to urge NGOs who have any complaints or issues on IOI’s sustainability practices to communicate with IOI and to allow us a reasonable time to respond before the publication of its report. IOI strongly disagrees with the fault finding as opposed to a solutions-seeking approach, employed by some NGOs who appear only interested in sensationalism and shaming their targets. A process of open and genuine engagement followed by an agreed plan of actions should be employed in achieving the real objective of improving the environment.\u003C/p>\r\n\u003Cp>  For enquiries, please refer to Ms Yeo Lee Nya, Sustainability Department, at yeo.leenya@ioigroup.com\u003Cbr />\r\n\u003C/p>\r\n\u003Cp> \u003C/p>\r\n\u003Ctable border=\"0\" height=\"112\" width=\"1331\">\r\n  \u003Ctbody>\u003Ctr>\r\n    \u003Ctd width=\"17\">\u003Cdiv align=\"center\">\u003Cspan style=\"font-size: 8pt;\">1\u003C/span>\u003C/div>\u003C/td>\r\n    \u003Ctd width=\"1304\">\u003Cspan style=\"font-size: 8pt;\">Page 18 Greenpeace \u003Ca href=\"http://www.greenpeace.org/international/Global/international/publications/forests/2015/Under-Fire-Eng.pdf\" target=\"_blank\">http://www.greenpeace.org/international/Global/international/publications/forests/2015/Under-Fire-Eng.pdf\u003C/a>\u003C/span>\u003C/td>\r\n  \u003C/tr>\r\n  \u003Ctr>\r\n    \u003Ctd>\u003Cdiv align=\"center\">\u003Cspan style=\"font-size: 8pt;\">2\u003C/span>\u003C/div>\u003C/td>\r\n    \u003Ctd>\u003Cspan style=\"font-size: 8pt;\">Laporan Kajian Inventori Cadangan Karbon, 2014 Aksenta\u003C/span>\u003C/td>\r\n  \u003C/tr>\r\n  \u003Ctr>\r\n    \u003Ctd>\u003Cdiv align=\"center\">\u003Cspan style=\"font-size: 8pt;\">3\u003C/span>\u003C/div>\u003C/td>\r\n    \u003Ctd>\u003Cspan style=\"font-size: 8pt;\">\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/Amended_Investigation_on_Aidenvironment_allegation_to_PT_BSS.pdf\" target=\"_blank\">Aksenta Report May 2015\u003C/a> and \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/IOI_Ketapang_PT_BSS_Verification_report_July2015.pdf\" target=\"_blank\">Intertek Report July 2015\u003C/a>\u003C/span>\u003C/td>\r\n  \u003C/tr>\r\n  \u003Ctr>\r\n    \u003Ctd>\u003Cdiv align=\"center\">\u003Cspan style=\"font-size: 8pt;\">4\u003C/span>\u003C/div>\u003C/td>\r\n    \u003Ctd>\u003Cspan style=\"font-size: 8pt;\">Page 19 Greenpeace  \u003Ca href=\"http://www.greenpeace.org/international/Global/international/publications/forests/2015/Under-Fire-Eng.pdf\" target=\"_blank\">http://www.greenpeace.org/international/Global/international/publications/forests/2015/Under-Fire-Eng.pdf\u003C/a>\u003C/span>\u003C/td>\r\n  \u003C/tr>\r\n\u003C/tbody>\u003C/table>\u003Cbr />","2015-11-30T00:00:00.000000Z",{"meta_title":1390,"meta_description":1394,"meta_keywords":18},"On or about 19 November 2015, Greenpeace published a 38-page report titled “Indonesia’s Forests: Under Fire” where IOI Corporation Berhad’s (IOI) plan...",{"id":1396,"title":1397,"source":7,"body":1398,"published":9,"date":1399,"image":18,"updated_at":1249,"created_at":1249,"metatag":1400},23,"Update on IOI Pelita Mediation Process with LTK Communities","\u003Cbr />\u003Cp>We are pleased to share that the Resident of Miri, the chief representative of the Government in Miri, has fixed the next mediation meeting between IOI Pelita and the LTK communities on 28 March 2016 with the purpose of introducing the newly-formed Mediation Panel to the parties. \u003C/p>\u003Cp>The members of the Mediation Panel, Mr Emang Oyok, Dr Ramy Bulan and Mr SH Lim brings with them a good synergy of local knowledge, legal, cultural needs, local language and dialects to improve the discussion towards a meaningful long-term resolution. \u003C/p>\u003Cp>The Resident has also scheduled further mediation sessions on 11 and 12 April 2016.\u003C/p>\r\n \r\n  \r\n\u003Cbr />\r\n\u003Cem>Additional Notes:\u003C/em>\u003Cbr />\r\n\u003Cp>\u003Cem>Mr Emang Oyok is the former Deputy Resident of Miri and possesses in-depth knowledge of the LTK communities and the on-going issues between IOI Pelita and the local communities.\u003Cbr />\r\nDr Ramy Bulan is a Sarawakian law professor specialising in Rights of Indigenous People at Universiti Malaya.\u003Cbr />\r\nMr SH Lim is a senior Sarawakian law practitioner with extensive experience in mediation.\u003C/em>\u003C/p>","2016-03-11T00:00:00.000000Z",{"meta_title":1397,"meta_description":1401,"meta_keywords":18},"We are pleased to share that the Resident of Miri, the chief representative of the Government in Miri, has fixed the next mediation meeting between IO...",{"id":1403,"title":1404,"source":7,"body":1405,"published":9,"date":1399,"image":18,"updated_at":1249,"created_at":1249,"metatag":1406},24,"Update on labour conditions review by Tenaganita","\u003Cbr />\u003Cp>As part of the review process, Tenaganita visited three of IOI’s estates, namely Regent Estate, Gomali Estate and Paya Lang Estate, during December 2015 and January 2016. \u003C/p>\r\n\u003Cp>There were some positive improvements in the workers’ welfare and benefits, particularly in Regent Estate; and the estate has taken active steps to regularly review their internal processes and communications channels with their staff and workers. \u003C/p>\r\n\u003Cp>During the visit, Tenaganita also identified some issues and gaps such as enhancing communication with the new recruits and promoting more social activities. IOI is considering implementation of the appropriate measures in line with our commitment for continuous improvement. \u003C/p>  \r\n\u003Cp>The next visit by Tenaganita to other estates in Peninsular Malaysia will take place in May and June 2016.\u003C/p>",{"meta_title":1404,"meta_description":1407,"meta_keywords":18},"As part of the review process, Tenaganita visited three of IOI’s estates, namely Regent Estate, Gomali Estate and Paya Lang Estate, during December 20...",{"id":1409,"title":1410,"source":7,"body":1411,"published":9,"date":1412,"image":18,"updated_at":1249,"created_at":1249,"metatag":1413},25,"Statement by IOI Chief Executive Officer on RSPO Suspension","\u003Cbr />\u003Cp>The recent suspension by the Roundtable on Sustainable Palm Oil (RSPO) of our Group’s certification, for non-compliance of certain RSPO Principles and Criteria, is a very serious matter and has given rise to new challenges for us. We wish to assure all our stakeholders that after the complaint was made to the RSPO one year ago, we have taken corrective actions to review and enhance our sustainability practices. These include rehabilitating affected areas, improving our firefighting capabilities and engaging consultants to advise on all relevant Indonesian laws and regulations which are the subject matters of the complaint.  \u003C/p>\u003Cp>These are some of our recent actions:\u003Cbr />\u003C/p>\u003Col>\u003Cli>\r\n Put in place a new Sustainability Team Structure where the Sustainability Heads at all operating divisions have a reporting line to the Group Head of Sustainability, who reports directly to the Group CEO. This will ensure that the operations personnel strictly adhere to all Sustainability policies, practices and commitments of the Group;\r\n\u003Cbr />\u003Cbr />\u003C/li>\u003Cli>Setting aside equivalent lands within our development areas for conservation as a compensation measure for the affected HCV area;\r\n\u003Cbr />\u003Cbr />\u003C/li>\u003Cli>We are a joint funder of the two-year High Carbon Stock Study, together with several large plantation companies and multinational corporations, which has resulted in a science-based HCS+ methodology. We are committed to conduct field trials and testing of the HCS+ in our new planting developments;\r\n\u003Cbr />\u003Cbr />\u003C/li>\u003Cli>IOI is in the process of identifying and appointing an internationally reputable organisation as our implementation partner and sustainability consultant particularly for matters related to new developments. \r\n\u003C/li>\u003C/ol>\u003Cp>Pursuant to the letter from RSPO dated 14 March 2016, we have submitted a comprehensive action plan in the prescribed format on 23 March 2016. We will actively work with the complainant to jointly verify the issues and to engage another licenced HCV assessor from the HCV Resource Network to conduct an additional peer review of our HCV assessments report. \u003C/p>\r\n\r\n\u003Cp>IOI, as one of the founding members of RSPO, has participated in the drafting of the RSPO Principles and Criteria and is fully committed to upholding all the RSPO Certifications and Processes. We place great emphasis on the importance of Sustainability in our business practices and also as a corporate Core Value which is embedded in our Vision IOI as expounded by our founder and early pioneers of our company since twenty years ago.\u003C/p>\r\n\r\n\r\n\u003Cp>\u003Cstrong>Dato’ Lee Yeow Chor\u003C/strong>\u003Cbr />\r\nGroup Chief Executive Officer\u003Cbr />\r\nIOI Corporation Bhd\u003Cbr />\r\n\u003Cbr />\r\n31 March 2016\u003C/p>","2016-03-31T00:00:00.000000Z",{"meta_title":1410,"meta_description":1414,"meta_keywords":18},"The recent suspension by the Roundtable on Sustainable Palm Oil (RSPO) of our Group’s certification, for non-compliance of certain RSPO Principles and...",{"id":1416,"title":1417,"source":7,"body":1418,"published":9,"date":1419,"image":18,"updated_at":1249,"created_at":1249,"metatag":1420},26,"IOI’s response to Greenpeace’s article on its Ketapang concessions in Indonesia","\u003Cbr />\u003Cp>This is in reference to Greenpeace’s article titled “Greenpeace calls for legal action against rogue palm oil producer and trader IOI”, published on 27 April 2016.\u003C/p>\r\n\u003Cp>As updated in IOI Group (IOI)’s recent weekly sustainability statement, IOI had engaged Global Environment Centre (GEC), a specialist firm in peat, HCV and various conservation matters with more than 18 years of experience, to conduct a four-day field investigation trip at the alleged areas recently. The investigation and subsequent peat restoration and protection measures are part of the Action Plan submitted to the Roundtable on Sustainable Palm Oil (RSPO) in early April 2016. The GEC report is targeted to be completed in May 2016.\u003C/p>\r\n\u003Cp>At this juncture, IOI does not wish to make a final stand on the issues raised by Greenpeace until after the publication of the GEC report.\u003C/p>\r\n\u003Cp>In relation to the PT KPAM development, IOI will be working with Proforest to review and verify its commitment with regard to HCS, HCV, FPIC and peat. IOI has decided to defer the clearing for new development in PT KPAM until the documentation under the RSPO New Planting Procedure (NPP) has been properly reviewed by Proforest and a peat protection plan is put in place at the ground level.\u003C/p>\r\n\u003Cp>IOI would like to reiterate that we remain dedicated to all necessary actions (both corrective and forward-looking) to demonstrate our continued commitment to building a world class oil palm business, based on our published sustainability principles of \u003Cstrong>\u003Cspan style=\"text-decoration: underline;\">no deforestation, no planting on peat and to drive positive socio-economic impact for people and communities.\u003C/span>\u003C/strong>\u003C/p>\r\n\u003Cp>For further information, please contact:\u003Cbr />\r\n  \u003Cbr />\r\n  Dr Surina Ismail\u003Cbr />\r\n  Group Head of Sustainability\u003Cbr />\r\n  IOI Corporation Berhad\u003Cbr />\r\n  Tel: +603-8947 8888 (ext. 6841)\u003Cbr />\r\n  Email: surina@ioigroup.com\u003Cbr />\r\n\u003C/p>","2016-04-28T00:00:00.000000Z",{"meta_title":1417,"meta_description":1421,"meta_keywords":18},"This is in reference to Greenpeace’s article titled “Greenpeace calls for legal action against rogue palm oil producer and trader IOI”, published on 2...",{"id":1423,"title":1424,"source":7,"body":1425,"published":9,"date":1426,"image":18,"updated_at":1249,"created_at":1249,"metatag":1427},27,"IOI Challenges RSPO Board’s Suspension Decision in Swiss Court","\u003Cp>\u003Cbr />IOI Corporation Berhad (IOI) would like to announce that we have recently filed a challenge proceeding in the Zurich District Court of Switzerland against the suspension decision made by RSPO’s Board of Governors against us. Under Swiss Law, an action to challenge the decision of an association must be filed within 30 days after the decision was made and IOI had filed the action just within the 30 day timeline. Following that, the court will set a date for a conciliatory hearing by the Justice of Peace (JP) with both parties present. A formal legal action will be sanctioned by the JP only if both parties fail to reach agreement in the conciliatory proceeding.\u003C/p>\r\n\u003Cp>The decision to challenge the suspension decision follows an appeal submitted by us to RSPO Complaints Panel more than a month ago which was not considered by the Panel. Our appeal was principally made on two aspects of the suspension decision: one is that the suspension decision which is based upon findings of breach in the Principles and Criteria for Sustainable Palm Oil Production in IOI Plantations should not cover the downstream processing units which are certified under a different set of rules; another is that the decision should not affect existing certified palm oil purchase and sales contracts which have already been entered into prior to the suspension decision.\u003C/p>\r\n\u003Cp>The decision to challenge the RSPO Board’s suspension decision is a difficult and painful one for us to take: On the one hand, we have great commitment and attachment to RSPO, an organization of which we are a founding member and on whose Board we have been actively contributing since ten years ago; on the other hand, we feel that we have been unfairly affected by the extent and scope of the suspension decision which was recommended by the Complaints Panel and subsequently endorsed by the Board of RSPO.\u003C/p>\r\n\u003Cp>The suspension of our RSPO certifications, which affected our prevailing RSPO oil contract commitments and caused significant disruptions to certain segments of the European and American food manufacturing sector, has inflicted many stakeholders of IOI: IOI’s 25,000 shareholders, the suppliers of IOI who include small holders, the customers of IOI and other users of certified palm oil down the supply chain, and lastly thousands of the employees of IOI who have put in so much effort over the last ten years in enabling all our Malaysian plantation units and downstream processing units to be RSPO–certified.\u003C/p>\r\n\u003Cp>We therefore believe the scope and effect of the suspension decision is highly disproportionate to the findings by the Panel, and the decision has not duly taken into account the corrective actions taken by us and verified by an RSPO–accredited auditor during the one-year period between the complaint and the decision dates.\u003C/p>\r\n\u003Cp>Nevertheless, IOI remains committed to implementing the action plan which is required for the lifting of the suspension. Since the suspension decision, we have had several discussions with the complainant, conducted a 4-day field verification visit with Global Environmental Centre (GEC), a specialist firm in peat and HCV matters, and have started to implement the improvement measures suggested by GEC. Beyond the actions in addressing the complaint, IOI has taken steps to enhance its sustainability practices and procedures. These include appointing an international firm Proforest as our sustainability consultant and implementation partner for our last remaining new development, deferring the clearing for this new development until end September to enable Proforest to verify our procedures and institute control measures, and lastly agreeing to test and compare the two existing HCS methodologies on the new development.\u003C/p>\r\n\u003Cp>We regard the challenge of the RSPO Board’s suspension decision as a separate matter from taking the concrete actions required by the Panel to lift the suspension. The challenge action which has to be filed within the 30-day time period is not intended to influence the Complaints Panel decision on lifting the suspension. Rather, it is a last-resort measure to draw serious attention to the weaknesses in the decision-making process in certain parts of RSPO, which we have observed over the last one year, and hopefully will help to catalyse some needed improvements to the process and mechanism within it.\u003C/p>\r\n\u003Cp>IOI remains committed to its membership in and the sustainability principles of RSPO. In fact, IOI has gone beyond the requirements of RSPO by signing an industry manifesto which specifies no HCS deforestation, no planting on peat and driving positive socio-economic impact for people and the communities. We remain committed to the principles of sustainability which are embedded in our Vision IOI as advocated by the founders of the Group since twenty years ago.\u003C/p>\r\n\u003Cp>\u003Cstrong>\u003Cspan>\u003Cspan>Dato’ Lee Yeow Chor\u003Cbr />\u003C/span>\u003C/span>\u003C/strong>\u003Cspan>\u003Cspan>Chief Executive Officer\u003Cbr />\u003C/span>\u003C/span>\u003Cspan>\u003Cspan>IOI Corporation Berhad\u003C/span>\u003C/span>\u003C/p>","2016-05-09T00:00:00.000000Z",{"meta_title":1424,"meta_description":1428,"meta_keywords":18},"IOI Corporation Berhad (IOI) would like to announce that we have recently filed a challenge proceeding in the Zurich District Court of Switzerland aga...",{"id":1430,"title":1431,"source":7,"body":1432,"published":9,"date":1433,"image":18,"updated_at":1249,"created_at":1249,"metatag":1434},28,"IOI Withdraws Legal Challenge Against RSPO Board’s Decision","\u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">\u003Cbr />IOI Corporation Berhad (IOI) wishes to announce that we have decided to withdraw the challenge proceeding against the RSPO Board’s suspension decision in the Zurich District Court of Switzerland.  The withdrawal of the challenge proceeding will be formalised during a conciliatory hearing before the Justice of Peace on 14 June 2016.\u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">Since the filing of the challenge proceeding, IOI has engaged with many of our stakeholders such as customers, NGOs and RSPO to resolve this matter.  As of to-date, IOI has completed the Action Plan and submitted to RSPO on 30 May 2016 a Memorandum on our sustainability policy initiatives and resource deployment which was endorsed by our Board of Directors. One of the key policy initiatives stated in the Memorandum is our commitment to voluntarily adopt the more stringent RSPO Next certification system starting from end of year 2016.\u003C/p>\u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">The above-stated initiative affirms our commitment and support towards the sustainability principles and the work of RSPO, an organisation of which we are a founding member and on whose Board we have been serving for 10 years already.\u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">\u003Cstrong style=\"line-height: 115%;\">Dato’ Lee Yeow Chor\u003Cbr />\u003C/strong>\u003Cspan style=\"line-height: 115%;\">Group Chief Executive Officer\u003Cbr />\u003C/span>\u003Cspan style=\"line-height: 115%;\">IOI Corporation Berhad\u003C/span>\u003C/p>\u003Cbr />","2016-06-06T00:00:00.000000Z",{"meta_title":1431,"meta_description":1435,"meta_keywords":18},"IOI Corporation Berhad (IOI) wishes to announce that we have decided to withdraw the challenge proceeding against the RSPO Board’s suspension decision...",{"id":1437,"title":1438,"source":7,"body":1439,"published":9,"date":1440,"image":18,"updated_at":1249,"created_at":1249,"metatag":1441},29,"Joint-Statement on Progress Regarding the Ketapang Complaint","\u003Cbr />Following a meeting held in Bogor on the 25 - 26 July 2016, Aidenvironment represented by Mr. Peter de Haan, Executive Director, Pak Adriani, Director Indonesia, Mr. Eric Wakker, Director Asia Pacific, Haryono Sadikin, HCV expert and Ivan Valentina Ageung, Legal expert, and IOI represented by Dato’ Foong Lai Choong, Group Plantation Director, Dr. Surina Ismail, Group Head of Sustainability, Mr. Goh Hock Sin, Head of Operations, Indonesia, Ms. Yeo Lee Nya, Senior Manager, Sustainability, Plantation and Pak Bonar Simarmata, Manager, Public Affair Department, jointly declare to have made significant progress in resolving the Ketapang complaint case. The following main actions were agreed:\r\n\u003Cbr />\r\n\u003Cbr />a)\t   IOI will submit to Aidenvironment, a list of Actions based on the discussions of 25 – 26 July 2016, by 12 August 2016 for review. The list of Actions will incorporate all key legal and environmental issues discussed. After finalisation of the list of Actions, a field verification trip is scheduled for late August/early September, followed by a high level management meeting;\r\n\u003Cbr />\r\n\u003Cbr />b)\t  IOI will immediately commence the removal of all ‘overplanted’ oil palms, upon the Ministry of Forestry and Environment’s confirmation of the local government order to do so as of November 2009. The removal includes all plantings thereafter;\r\n\u003Cbr />\r\n\u003Cbr />c)\t   IOI will have in place all legally required fire prevention and mitigation measures, and commences the implementation of an integrated peat, HCV and HCS rehabilitation and management plan throughout all subsidiaries of the SNA Group; \r\n\u003Cbr />\r\n\u003Cbr />d)\t  IOI will engage Stakeholders in the immediate vicinity of the SNA Group subsidiaries to jointly develop and implement landscape approaches that contribute to effective fire prevention and mitigation and peat and biodiversity conservation; \r\n\u003Cbr />\r\n\u003Cbr />e)\t  Adjusted concession boundaries for SNA-Group subsidiaries will be made publicly available for external monitoring. Meanwhile, IOI will tangibly document its corrective actions and makes these publicly available for verification. \r\n\u003Cbr />\r\n\u003Cbr />f)\t   Other concerns, such as the Long Teran Kanan case in Sarawak, the development of PT KPAM and IOI Group’s Third Party Suppliers are integral part of follow up proceedings.\r\n\u003Cbr />\r\n\u003Cbr />Stakeholders are hereby informed that final resolution between both parties hinges on the settlement of complaint item b) above and subsequent actions on the ground, if any. \r\n\u003Cbr />\r\n\u003Cbr />Aidenvironment thanks IOI for its constructive entry into our dialogue and for having made available key documentation not previously available during complaint proceedings. IOI appreciates Aidenvironment for offering rules-based perspectives, along with potential solutions and approaches not previously considered. \r\n\u003Cbr />\r\n\u003Cbr />Both parties commit to continue bilateral talks and discussions, irrespective of RSPO’s decisions. \r\n\u003Cbr />\r\n\u003Cbr />\r\n\u003Cbr />Kuala Lumpur and Bogor, 28 July 2016\r\n\u003Cbr />\r\n\u003Cbr />\r\n\u003Cbr />\r\n\u003Cbr />","2016-07-29T00:00:00.000000Z",{"meta_title":1438,"meta_description":1442,"meta_keywords":18},"Following a meeting held in Bogor on the 25 - 26 July 2016, Aidenvironment represented by Mr. Peter de Haan, Executive Director, Pak Adriani, Director...",{"id":1444,"title":1445,"source":7,"body":1446,"published":9,"date":1447,"image":18,"updated_at":1249,"created_at":1249,"metatag":1448},30,"IOI Group - Suspension of RSPO Certification Lifted as per August 8 2016","\u003Cdiv>\u003Cbr />The Board of Directors of the Company are pleased to announce that the Company has on 5 August 2016 received the letter from RSPO informing that the RSPO Board of Governors has endorsed the recommendation made by the Complaints Panel (CP) to lift the suspension of RSPO certifications for the entire IOI Group. The CP is satisfied that IOI Group has met the conditions set out in its letter to the Company dated 14 March 2016, based on the actions that IOI Group has taken and implemented since then. \u003C/div>\u003Cdiv>\u003Cbr />\u003C/div>\u003Cdiv>The lifting of the suspension of the RSPO certifications will be effective from 8 August 2016. \u003C/div>\u003Cdiv>\u003Cbr />\u003C/div>\u003Cdiv>IOI Group will continue to submit its quarterly progress report as mandated by the CP. At the end of a 12-month period, the CP shall again commission an independent ground verification by a team of experts, following which a review of the complaint will be undertaken by the CP.\r\n\u003Cbr />\r\n\u003Cbr />For further information, please contact: \u003Cbr />Dr Surina Ismail \r\n\u003Cbr />Group Head of Sustainability \r\n\u003Cbr />IOI Corporation Berhad \r\n\u003Cbr />Tel: +603-8947 8691 \r\n\u003Cbr />Email: surina@ioigroup.com\r\n\u003Cbr />\u003Cbr />\u003C/div>","2016-08-05T00:00:00.000000Z",{"meta_title":1445,"meta_description":1449,"meta_keywords":18},"The Board of Directors of the Company are pleased to announce that the Company has on 5 August 2016 received the letter from RSPO informing that the R...",{"id":1451,"title":1452,"source":7,"body":1453,"published":9,"date":1454,"image":18,"updated_at":1249,"created_at":1249,"metatag":1455},31,"IOI Group Response to Greenpeace Report","\u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">\u003Cbr />IOI Group acknowledges the report from Greenpeace and shares a similar top line analysis of the industry challenges related to ensuring compliance by third party suppliers. We agree that monitoring these suppliers, imposing and verifying zero deforestation and no planting on peat policies, and using the threat of commercial sanction can only be done if there is an industry-wide approach to tackling these complex issues.\u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">It is clear that despite the many achievements of several companies’ No Deforestation, No Planting on Peat and No Exploitation policies, industry-wide collaboration is critically needed. IOI fully accepts its own responsibilities as a producer and trader of palm oil. In this respect, IOI accepts Greenpeace’s challenge to use its voice and influence to help achieve the outcomes both IOI and Greenpeace desire. \u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">\u003Cstrong>We therefore today call for all our fellow industry players to come together and reach agreement on solutions that will lead to a truly sustainable supply of one of the world’s most commonly used commodities. \u003C/strong>\u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">We also ask that Greenpeace use its own convening power and leverage, by joining us in encouraging others to take part, and that it and other specialist NGOs also participate. IOI stands ready to host such a gathering of the major palm oil producing businesses, and asks that Greenpeace joins us in this endeavor. \u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">With regard to the 15 specific points Greenpeace has made on page 45 of its report, IOI Group has already committed to take action on several of these as part of its Sustainability Implementation Plan (SIP) and Policy (SPOP), announced in August this year. \u003C/p>  \u003Cp style=\"text-align:justify;text-justify:inter-ideograph\">We accept that there is always more we can do as a company. We will shortly be publishing an update to our stakeholders detailing the progress that has been made on these commitments since they were announced.\u003Cbr />\u003Cbr />\u003Cstrong>Dato’ Lee Yeow Chor\u003Cbr />\u003C/strong>Chief Executive Officer\u003Cbr />IOI Corporation Berhad \u003Cbr />\u003Cbr />For further information, please contact:\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">\u003Cstrong>Dr Surina Ismail\u003C/strong>\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">Group Head of Sustainability\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">IOI Corporation Berhad\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">Tel: +603-8947 8691\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">Email: surina@ioigroup.com\u003Cbr />\u003Cbr />\u003Cstrong>Karen Liew\u003C/strong>\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">Senior Corporate Communications Manager\u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">IOI Corporation Berhad \u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">T: +603-8947 8888 (Ext: 1126) / D: +603-8947 8956 \u003C/p>  \u003Cp style=\"margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:normal\">Email: karen.liew@ioigroup.com\u003C/p>    \u003Cbr /> ","2016-09-27T00:00:00.000000Z",{"meta_title":1452,"meta_description":1456,"meta_keywords":18},"IOI Group acknowledges the report from Greenpeace and shares a similar top line analysis of the industry challenges related to ensuring compliance by...",{"id":1458,"title":1459,"source":7,"body":1460,"published":9,"date":1461,"image":1462,"updated_at":1465,"created_at":1249,"metatag":1466},32,"Detailed response to Greenpeace report and campaign","\u003Cp>Following our \u003Ca href=\"http://www.ioigroup.com/Content/NEWS/NewsroomDetails?intNewsID=817\">initial response\u003C/a> to Greenpeace report “A Deadly Trade-Off” dated 27 September 2016, which refers to policy violations in IOI’s third-party supply chain, we would like to provide to our stakeholders, the promised detailed response to the Greenpeace report and its recent “Stop the Haze” campaign. Included in this detailed response are our actions and responses in relation to our third party suppliers who are said to have carried out deforestation and exploitation as well as the progress that has been made on our Sustainability commitments and clarification on our positions. \u003Cbr>\u003Cbr>IOI Group would like to make clear that we are\u003Cstrong> fully committed to the No Deforestation, No Planting on Peat and No Exploitation (NDPE) policies as stated in our Sustainable Palm Oil Policy (SPOP)\u003C/strong>. We believe that the “Stop the Haze” campaign which claims that IOI’s deforestation has caused the haze problem in Indonesia is unhelpful and counterproductive. Whilst there have been fires in our Indonesian developments, these were not started by IOI. As a company, we have been practising zero burning on all new planting and replanting activities for more than 25 years and we are currently taking steps to jointly develop and implement – with our stakeholders – landscape approaches that contribute to effective fire prevention and mitigation as well as peat and biodiversity conservation in the immediate vicinity of our SNA developments. \u003Cbr>\u003Cbr>With regard to our suppliers, we reiterate that we accept our own responsibilities as a producer and trader of palm oil in ensuring that the NDPE policies are adhered to. We would like to clarify that this detailed response is not about making excuses or shifting the blame to others, but aims to provide full transparency on the ground pertaining to how third-party suppliers and their activities are connected to IOI. \u003Cbr>\u003Cbr>\u003Cstrong>Details of IOI’s third party supply chain \u003C/strong>\u003Cbr>\u003Cbr>The Greenpeace report correctly explains our connection, via our third party suppliers, to palm oil companies operating mills and concessions in both Indonesia and Malaysia. The report is also correct that IOI Group and IOI Loders Croklaan have a direct commercial relationship with only one company, TH Plantations, headquartered in Malaysia. In order to further clarify the statement above, please refer to our diagram below to illustrate how IOI is connected to third- party suppliers.  \u003Cbr>\u003Cbr>\u003Cbr>\u003Cimg style=\"text-align:center;width:100%;\" src=\"https://www.ioigroup.com/Files/news/image/IOI_third_party_supply_chain.png\" alt=\"\">\u003Cbr>\u003Cbr>\u003Cstrong>Specifically, IOI does not source directly or has any commercial relationship with the Korindo Group, Austindo Nusantara, Goodhope, Eagle High and Indofood/Salim who are named in the Greenpeace report but instead, oil from these companies enters our supply chain via shipments from our direct suppliers who are Wilmar, GAR, AAA and Musim Mas. \u003C/strong>\u003Cbr>\u003Cbr>We have requested an update from our direct suppliers, although they have also reported several of the allegations on their grievance lists. We support our direct suppliers Wilmar, GAR, AAA and Musim Mas’s move to further engage with or to stop purchasing from the named companies. We have requested our direct suppliers to provide us with further detailed updates of their findings with regard to Greenpeace’s allegations by end of November 2016. \u003Cbr>\u003Cbr>For more information on how IOI is handling these suppliers, please visit \u003Ca href=\"http://europe.ioiloders.com/news/statement-in-relation-to-palm-oil-companies-referenced-in-greenpeace-report/\">http://europe.ioiloders.com/news/statement-in-relation-to-palm-oil-companies-referenced-in-greenpeace-report/\u003C/a>.\u003Cbr>\u003Cbr>\u003Cstrong>IOI Group source directly from TH Plantations in Malaysia and not from their plantations in Indonesia against which Greenpeace has made some allegations, and the amount supplied to us is 15,850 MT or 1.38% of our total Group purchased from third party suppliers in 2015. \u003C/strong>In any case, IOI in line with our commitment to our SPOP, has already classified the Malaysian mills of TH plantations as high priority mills following our risk assessment exercise. We have approached TH plantations for an on-site mill and supply base verification on several occasions but have not received any positive response. As such, we have decided to phase out TH Plantations from our supply chain. \u003Cbr>\u003Cbr>Nevertheless, IOI will continue to engage with TH plantations to push for a verification visit and address the issues raised by Greenpeace in relation to their Indonesian operations. We acknowledge that, although oil from the concessions referenced in the Greenpeace report might not physically enter our supply chain, we and other industry players do have a responsibility to address these allegations at the group level of those companies, as we do source from mills and concessions of these companies in other locations. \u003Cbr>\u003Cbr>\u003Cstrong>IOI’s sustainability commitments \u003C/strong>\u003Cbr>\u003Cbr>With regard to the \u003Cstrong>specific points Greenpeace has made on page 45 of its report\u003C/strong>, IOI Group has already committed to take action on several of these as part of its Sustainability Implementation Plan (SIP) and Sustainable Palm Oil Policy (SPOP), announced in August this year. \u003Cbr>\u003Cbr>\u003Cstrong>Specifically, on points: \u003C/strong>\u003Cbr>\u003Cbr>\u003Ci>1. Suspend contracts with all groups named in this report pending credible evidence of group-level compliance with NDPE policies. \u003C/i>\u003Cbr>\u003Cbr>From IOI’s past experiences, we have found that when we suspend contracts with our suppliers, we also cut off any opportunity to use our leverage and experience to help them change the way they do business and ultimately comply with our commitments. On the other hand, when we have stayed engaged, we have managed to achieve change and real successes. We will suspend contracts with the suppliers only as a last resort measure when all attempts at engagement fail or when no demonstrable progress has been made. \u003Cbr>\u003Cbr>\u003Ci>2. Achieve an immediate moratorium on the destruction of forests and peat lands across its operations, including those of its third-party suppliers.\u003C/i> \u003Cbr>\u003Cbr>IOI’s revised Sustainability Palm Oil Policy (SPOP) sets out clear commitments in this regard. This includes the protection of High Conservation Value (HCV) areas, no deforestation of High Carbon Stock (HCS) areas using the HCS Approach (pending the definition of an integrated HCS methodology), and no development of peat lands regardless of depth. These commitments apply to our own operations as well as third party suppliers. \u003Cbr>\u003Cbr>\u003Ci>3. Publish an ambitious time-bound plan with a deadline for third-party verification of compliance and termination of non-compliant suppliers. \u003C/i>\u003Cbr>\u003Cbr>For the reasons stated in point 1, it is not practical to put a single or several deadlines for compliance by hundreds of third-party suppliers who are at different stages of development and facing different types of issues. Moreover, the list of our third-party suppliers changes regularly over time according to market dynamics. We would welcome a further discussion with Greenpeace on the question around third-party verification. \u003Cbr>\u003Cbr>\u003Ci>4. Adopt a meaningful landscape approach to mitigate the impact of its operations on forests and peat lands across its supply chain, starting with its four concessions in Ketapang. \u003C/i>\u003Cbr>\u003Cbr>As detailed in both our Policy and Sustainability Implementation Plan (SIP), we have engaged stakeholders in the immediate vicinity of the SNA Group subsidiaries to jointly develop and implement landscape approaches that contribute to effective fire prevention and mitigation and peat and biodiversity conservation. For example, we are working with the local communities and government agencies towards developing a partnership in fire prevention outside our concessions boundaries by raising awareness and training and we have signed an MOU with Balai Konservasi Sumber Daya Alam (BKSDA) as our partner to work on an action plan on fire prevention. \u003Cbr>\u003Cbr>We are committed to a landscape approach to manage peat land within and around our concession areas in the Ketapang landscape. This will be a major implementation focus area for us moving forward involving peat land mapping within and around our four concession areas as well as engaging with multiple other actors in the landscape in order to develop a robust landscape management plan. Further to this objective, we have recently signed an agreement for the commencement of LiDAR mapping of peat land areas within and around our Ketapang concession. \u003Cbr>\u003Cbr>We recognise that the landscape approach is very much an evolving science in terms of the mapping methodologies and it also involves a new approach of engaging with the communities. We will therefore concentrate our efforts on getting it right in Ketapang before looking at whether it is applicable to other areas of our supply chain. \u003Cbr>\u003Cbr>\u003Ci>5. Develop and implement a plan for extensive restoration of the forests and peat lands that it has destroyed. \u003C/i>\u003Cbr>\u003Cbr>As detailed in our SIP, we have implemented a peat land rehabilitation plan for areas of degraded peat land in our palm oil concession, PT BSS, in Ketapang. This is the first step in a larger program of peat land rehabilitation being planned across other concessions in the Ketapang area which will be integrated into the larger landscape plan we will develop. \u003Cbr>\u003Cbr>\u003Ci>6. Resolve outstanding grievances, including successfully concluding its dispute with the longhouse communities of Long Teran Kanan (LTK) in Sarawak by recognizing their rights to their customary lands, determined through community mapping, and re-negotiating the company’s access and use of these lands subject to the Free, Prior and Informed Consent of the LTK and neighboring communities. \u003C/i>\u003Cbr>\u003Cbr>IOI Group is committed to an open and transparent approach to resolving outstanding grievances with the involvement of affected stakeholders, including successfully concluding the mediation process with the affected longhouse communities in Sarawak, to the satisfaction of all parties. It is in our interest to find resolution to this dispute and we are working hard to achieve that. \u003Cbr>\u003Cbr>In collaboration with the Land Custody and Development Authority (LCDA) of Sarawak (the minority shareholder in IOI-Pelita), the latest improved proposal which offers land ownership rights to the local communities has been put to their representatives last month. This is in the process of review by those communities, and there will be a follow up meeting with them in the next two months. We will continue to monitor progress on this and report back regularly. \u003Cbr>\u003Cbr>We appreciate that the process of dispute resolution is frustratingly slow for some of our stakeholders but it is extremely complex and requires careful coordination with the government of Sarawak and the Resident of Miri who is mediating the whole process, and the agreement of more than 250 community households. In addition, in the interests of greater transparency, we will provide progress updates on the resolution to be published regularly via our new Grievance Mechanism. \u003Cbr>\u003Cbr>\u003Ci>7. Uphold the rights of workers and tackle exploitative employment and trafficking of migrant workers documented in its operations. \u003C/i>\u003Cbr>\u003Cbr>Our Policy clearly states our commitments in this regard, although we recognize it is the enforcement of these standards in our operations that will ensure they are upheld. Accordingly, we have committed to implement a labor-rights monitoring systems with the involvement of an external partner to verify labor conditions, to ensure compliance with our labor policy requirements (including responsible recruitment practice) and to improve welfare and working conditions. We will appoint an external partner in October this year with a remit to undertake a gap analysis of our operations and to support in the preparation of an action plan for the implementation of corrective actions where necessary. \u003Cbr>\u003Cbr>Over the last several months, IOI Group has already taken steps to remind all recruitment agencies used by the company of their obligations to comply with IOI Group's requirements for responsible recruitment practice. A number of corrective actions have already been implemented pursuant to the engagement. \u003Cbr>\u003Cbr>\u003Ci>8. Ensure transparent reporting backed by independent auditing of progress and publish concession maps, HCS and HCV assessments, a complete list of suppliers, and reporting on supplier compliance with its policies. \u003C/i>\u003Cbr>\u003Cbr>IOI Group will report quarterly on its progress against its Policy and SIP. We will also be making available our Ketapang (Indonesian) concession maps whilst all other maps (Malaysia plantations) will be made available with the RSPO before the end of 2016. In order to verify compliance with our Sustainable Palm Oil Policy, we have been implementing a program of mill-level verification assessments across our supplier base since 2014. This is a three-step process comprising traceability, risk assessment and mill-level verification with on-site mill-level verification support provided by our supply chain partner Proforest. As part of this process, IOI Loders Croklaan Group has already published its list of suppliers on their website. Risk assessments have been completed and 15 on-site mill visits have been conducted. We are now enhancing this program with supplier workshops and greater scrutiny of suppliers at Group level. \u003Cbr>\u003Cbr>We will also introduce a public reporting system (company dashboard) to communicate traceability information, progress on resolution of outstanding complaints and updates on supplier engagement and verification by the end of this year. \u003Cbr>\u003Cbr>We would welcome the chance to discuss the issues raised in the report with Greenpeace in detail, and face to face. We are committed to use whatever voice and influence we have in the palm oil industry to help achieve the outcomes both IOI and Greenpeace desire. Finally, we want to reiterate that we stand by our robust Sustainable Palm Oil Policy and remain totally committed towards building a traceable, transparent and sustainable palm oil supply chain. \u003Cbr>\u003Cbr>\u003Cstrong>Dato’ Lee Yeow Chor \u003C/strong>\u003Cbr>Chief Executive Officer \u003Cbr>IOI Corporation Berhad \u003Cbr>\u003Cbr>For further information, please contact: \u003Cbr>\u003Cbr>\u003Cstrong>Dr Surina Ismail \u003C/strong>\u003Cbr>Group Head of Sustainability  \u003Cbr>IOI Corporation Berhad   \u003Cbr>Tel: +603-8947 8691   \u003Cbr>Email: \u003Ca href=\"mailto:surina@ioigroup.com\t\">surina@ioigroup.com\u003C/a>\u003C/p>\u003Cp>\u003Cstrong>Karen Liew\u003C/strong>\u003Cbr>Head of Corporate Communications\u003Cbr>IOI Corporation Berhad\u003Cbr>Tel: +603-8947 8956\u003Cbr>Email: \u003Ca href=\"mailto:karen.liew@ioigroup.com\">karen.liew@ioigroup.com\u003C/a>\u003C/p>\u003Cp> \u003C/p>","2016-10-12T00:00:00.000000Z",{"name":1463,"file_name":1463,"url":1464},"ioi_third_party_supply_chain.png","https://www.ioigroup.com/storage/713/ioi_third_party_supply_chain.png","2025-05-04T07:33:42.000000Z",{"meta_title":1459,"meta_description":1467,"meta_keywords":18},"Following our initial response to Greenpeace report “A Deadly Trade-Off” dated 27 September 2016, which refers to policy violations in IOI’s third-par...",{"id":1469,"title":1470,"source":7,"body":1471,"published":9,"date":1472,"image":18,"updated_at":1249,"created_at":1249,"metatag":1473},33,"Agreement on Unified Approach to Implementing No Deforestation Commitments","\u003Cbr />Following a year of intensive work, the HCS Convergence Working Group has reached an agreement on convergence between the HCSA and HCS+ approaches. The Group has agreed on a single, coherent set of principles for implementation of companies’ commitments to “no deforestation” in their palm oil operations and supply chains. \u003Cdiv>\u003Cbr />The agreement outlines:\r\n\u003Cbr />• Fundamental elements of the converged methodology that protects HCS forests, HCV areas and peatlands (including forest stratification and decision-making in "young regenerating forest" within fragmented landscapes), the role of carbon and robust implementation of FPIC and other social requirements.\r\n\u003Cbr />• The intention for functional and institutional integration of HCS with the HCV Resource Network.\r\n\u003Cbr />• A roadmap for resolving outstanding issues through a collaborative process. \u003C/div>\u003Cdiv>\u003Cbr />"The Agreement is a significant step in uniting the palm oil industry and all its stakeholders toward a common understanding about how to protect forests and peatlands. More importantly, it will lead to collaborative and concrete actions on the ground toward achieving this goal,” said Dato' Lee's Yeow Chor, Group CEO, IOI Corporation Berhad. \u003C/div>\u003Cdiv>\u003Cbr />Organisations reaching agreement are:\u003C/div>\u003Cdiv> \r\n\u003Cbr />Asian Agri                                                  \r\n\u003Cbr />Cargill                                                        \r\n\u003Cbr />Forest Peoples Programme                      \r\n\u003Cbr />Golden Agri-Resources                             \r\n\u003Cbr />Greenpeace                                              \r\n\u003Cbr />IOI Corporation Berhad                             \r\n\u003Cbr />KLK\r\n\u003Cbr />Musim Mas\r\n\u003Cbr />Rainforest Action Network\r\n\u003Cbr />Sime Darby\r\n\u003Cbr />TFT\r\n\u003Cbr />Unilever\r\n\u003Cbr />Union of Concerned Scientists\r\n\u003Cbr />Wilmar International\r\n\u003Cbr />WWF \u003C/div>\u003Cdiv>\u003Cbr />The full agreement is available for download\u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/HCS_Convergence_Agreement.pdf\" target=\"_blank\"> here\u003C/a>. The press release is available \u003Ca href=\"https://www.ioigroup.com/Files/News/pdf/HCS_Convergence_Public_Statement.pdf\" target=\"_blank\">here\u003C/a>.\r\n\u003Cbr />\u003C/div>","2016-11-08T00:00:00.000000Z",{"meta_title":1470,"meta_description":1474,"meta_keywords":18},"Following a year of intensive work, the HCS Convergence Working Group has reached an agreement on convergence between the HCSA and HCS+ approaches. Th...",{"id":5,"title":6,"source":7,"body":8,"published":9,"date":10,"image":1476,"updated_at":14,"created_at":15,"metatag":1477},{"name":12,"file_name":12,"url":13},{"meta_title":6,"meta_description":17,"meta_keywords":18},{"id":1479,"title":1480,"bg_image":1481,"extension":1483,"links":1484,"meta":1488,"stem":1494,"__hash__":1495},"prefooters/prefooter/media-release.json","Latest updates about IOI Group.",{"url":1482},"/img/media-releases/footer.jpg","json",[1485],{"label":1486,"url":1487},"CHECK OUR NEWS AND HIGHLIGHTS","/media/latest-news-highlights",{"path":1489,"body":1490},"/prefooter/media-release",{"title":1480,"links":1491,"bg_image":1493},[1492],{"label":1486,"url":1487},{"url":1482},"prefooter/media-release","o0wkvou4sDU0U_80iMvzsi2-_c_3aZM_xBMIr01uzT0",1775808627521]