IOI Group Response to Greenpeace

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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. IOI 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.

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.

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IOI Group - Sustainability

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On 8 August this year IOI published a revised Group Sustainable Palm Oil Policy (SPOP), alongside a detailed Sustainability Implementation Plan (SIP). These had been prepared over several weeks in consultation with a wide range of their stakeholders, both customers and civil society. 

The core components built on the four main planks of our existing policy – zero deforestation, zero planting on peat, zero burning and a focus on socio-economic well-being. As well as making each of these more robust, and much more detailed, we added considerably to their initiatives to enhance and protect peatlands, to improve fire prevention measures, and to increase the effectiveness of our labour rights monitoring procedures. IOI also require all our suppliers to adhere to their policies. 

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Corporate Responsibility and Sustainability Policies

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The policies that IOI Group has devised to support its Corporate Responsibility (“CR”) and Sustainability initiatives are reflective of the Group’s long-standing commitment to give back to its employees, surrounding communities and the environment that serve as a support system and base to its business operations.

The following main policies that the Group has conscientiously developed mark its deep-seated commitment towards the world it operates amidst.

• Corporate Responsibility Policy

• Sustainability Palm Oil Policy

• Sustainability Implementation Plan (SIP)

• Sustainability Implementation Plan (SIP) - Progress Update

• Agrochemical Management Policy

Other workplace related policies are as follows:

• Occupational Safety & Health Policy

• Policy on Foreign Workers

• Policy on Prevention & Eradication of Sexual Harassment in the Workplace

• No Child Labour Policy

• Equal Opportunity Employment & Freedom of Association Policy