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IOI Group

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stopped buying palm oil from IOI in 2016. The United Nations Environment Programme says palm oil production is the leading cause of deforestation, which is occurring at a rate of about two per cent per year. Indonesia is also the world's third-largest carbon emitter, largely as a result of
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manufacturer in Asia—held under wholly owned entities IOI Oleochemical Industries Bhd and Pan Century Oleochemical Sdn Bhd with a combined capacity of over 750,000 tonnes per annum. In 2021, IOI was ranked 8th on the Global Top 30 Specialty Oil Companies list.
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With oil yield of some six tonnes per hectare per year at its mature estates, IOI is the most efficient plantation company in the world. Malaysia's oil palm average yield for the last 20 years has been stagnant at four tonnes per hectare per year.
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IOI develops real estate and makes property investments in commercial, hospitality and leisure, launching its maiden 930-acre Bandar Puchong Jaya township in 1990. IOI announced a demerger of its property business in 2013, and relisted it as
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of serious labour issues on its Malaysian plantations, including confiscating workers' passports, providing contracts in language workers could not understand, restricting freedom of association and paying salaries below the minimum wage.
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Corporate claim not to use "burning policy". According to the Fire Information for Management System (FIRMS), there was a significant increase in the number of hot spots after land clearing activity started in
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plantations are IOI's biggest income generator. As of 2023, about 63 percent of the conglomerate's profits came from its oil palm plantations. The group controls 176,925 hectares of oil palm plantations in
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have cancelled contracts with the company. IOI was reinstated in August 2016 by RSPO after it was judged to have fulfilled the group's demands to improve its environmental performance. In September 2016,
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After a complaint filed by AidEnvironment in April 2015, the RSPO certificates of the IOI Group are suspended as of 1 April 2016. Since then, many consumer companies like Unilever, Nestlé and
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IOI's specialty fats businesses are operated by its 20%-owned associate Bunge Loders Croklaan (formerly known as IOI Loders Croklaan), with manufacturing facilities in the
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in Malaysia and Indonesia, to downstream manufacturing of oleochemicals, specialty oils and fats which are exported to over 70 countries.
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development took place in forest lands without approval of the Ministry of Forestry in conflict with the Indonesian legislation
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Corporate claim not to use peatland but to circumvent the issue it does not consider coastal or shallow peat as peatland.
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blockaded the IOI refinery in the Netherlands in order to force IOI to adopt a more sustainable plantation policy.
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Indonesia's Forests: Under Fire. Indonesia's fire crisis is a test of corporate commitment to forest protection
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in March 2010, IOI Corporation failed to live up to its claims of green stewardship. For example:
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first documented the destruction of orangutan habitat and peatland forest in the 2008 report
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Unilever palm oil supplier must suspend all plantation expansion to save reputation
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IOI's current land development activities may trigger significant land conflicts.
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A Deadly Trade-Off; IOI's Palm Oil Supply and its Human and Environmental Costs
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A Deadly Trade-Off; IOI's Palm Oil Supply and its Human and Environmental Costs
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Too Green to be True, IOI Corporation in Ketapang District, West Kalimantan
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NOTICE TO RSPO MEMBERS ON THE SUSPENSION OF IOI GROUP'S CERTIFICATION
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Environmental and civil organizations have criticized IOI Group.
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may be in need of reorganization to comply with Knowledge's
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on the Main Market of Bursa Malaysia on 15 January 2014.
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IOI to buy Aditya Birla's Pan Century for RM423 million.
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certified as complying with RSPO standards. According to
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IOI Group suspected of serious labour rights violations
1348:"How Unilever palm oil suppliers are burning up Borneo" 1476:. Amsterdam: Greenpeace International. September 2016 835:
Encroachment has taken place in forests and peatlands
668: 826:Plantation development took place without approved 103:. Unsourced material may be challenged and removed. 838:There is a significant increase in fire hot spots 2312: 863:published a damning indictment of IOI entitled, 604:Its diverse businesses extend from the upstream 760:in 2005. Its associate company in Indonesia is 1252:IOI to buy Unilever's oils and fats division. 45:to make improvements to the overall structure. 2156: 1527: 1134:"IOI Properties relists as a stronger entity" 1996:Indonesia Commodity and Derivatives Exchange 964:"Malaysian Tycoon Lee Shin Cheng Dies At 79" 933: 931: 881: 879: 2070:Social and environmental impact of palm oil 578:'s biggest conglomerates. It ventured into 2351:Conglomerate companies established in 1969 2163: 2149: 1534: 1520: 1504: 1276: 1274: 1259: 195: 183: 2376:Companies in the FTSE Bursa Malaysia KLCI 2361:Agriculture companies established in 1969 2356:Real estate companies established in 1969 928: 876: 570:, was incorporated on 31 October 1969 as 300:IOI City Tower 2, IOI Resort City, 62502 163:Learn how and when to remove this message 61:Learn how and when to remove this message 2366:Malaysian companies established in 1969 1280: 1271: 790:, followed by a second report in 2015, 673:IOI is the largest vegetable oil-based 616: 2313: 1320: 572:Industrial Oxygen Incorporated Sdn Bhd 332:Lee Yeow Chor(Chief Executive Officer) 2144: 1515: 1058:"IOI wins on efficiency; FGV on size" 2075:Vegetable oils as alternative energy 1441: 1321:Neslen, Arthur (27 September 2016). 909: 907: 597:The group was founded and headed by 101:adding citations to reliable sources 72: 18: 13: 2371:Companies listed on Bursa Malaysia 2326:Conglomerate companies of Malaysia 2011:Roundtable on Sustainable Palm Oil 1991:Federal Land Development Authority 1283:The Haze Problem in Southeast Asia 1195: 804:Roundtable on Sustainable Palm Oil 611: 14: 2387: 2331:Agriculture companies of Malaysia 2055:Environmental impact of biodiesel 1491: 1442:Cuff, Madeleine (8 August 2016). 904: 756:. IOI extended its activities to 669:Oleochemicals and speciality fats 582:plantations in 1983, followed by 2172: 2114: 2113: 989:"Board of Directors - IOI Group" 939:"Corporate Milestones; Property" 828:environmental impact assessments 481: 480: 449: 448: 417: 416: 385: 384: 353: 352: 77: 23: 2341:Palm oil companies of Indonesia 2321:1969 establishments in Malaysia 1461: 1435: 1420: 1409: 1390: 1379: 1368: 1340: 1314: 1289: 1246: 1216: 1189: 1176: 1151: 1126: 1100: 832:Fraudulent statements were made 590:in 1997. IOI was listed on the 88:needs additional citations for 2336:Palm oil companies of Malaysia 2038:Certified sustainable palm oil 1075: 1050: 1023: 1002: 981: 956: 728:. Speciality fats are used in 655: 1: 2001:Malaysia Derivatives Exchange 870: 743: 1541: 1032:IOI Group Annual Report 2023 887:"Corporate Milestones; Corp" 338:Peter Chin Fah Kui(Chairman) 7: 2065:Issues relating to biofuels 802:IOI is a co-founder of the 748:IOI owns refineries in the 663:IOI Properties Group Berhad 592:Kuala Lumpur Stock Exchange 10: 2392: 2043:Deforestation by continent 2033:Biofuel policy of Malaysia 1920:Kuala Lumpur Kepong Berhad 1679:Bursaphelenchus cocophilus 775: 771: 740:, and ready-to-eat meals. 566:, commonly referred to as 2195: 2186: 2109: 2083: 2023: 1976: 1943: 1877: 1870: 1805: 1759: 1689: 1608: 1549: 915:"Our History - IOI Group" 545: 511: 501: 469: 437: 405: 373: 345: 323: 311: 296: 286: 278: 248: 234: 216: 206: 194: 182: 2180:FTSE Bursa Malaysia KLCI 2006:Malaysian Palm Oil Board 1281:Varkkey, Helena (2015). 1196:Fu, Rice (26 May 2021). 764:. On 27 September 2016, 2346:Real estate in Malaysia 1224:"Our Company; About Us" 2189:As of 23 December 2019 1650:Rhynchophorus palmarum 1285:. Abingdon: Routledge. 1010:"About Us - IOI Group" 762:Bumitama Gunajaya Agro 564:IOI Corporation Berhad 260:chemical manufacturing 211:Public limited company 178:IOI Corporation Berhad 16:Malaysian conglomerate 1638:Little leaf syndrome 1634:Cadang-cadang disease 681:These plants produce 526:IOI Commodity Trading 2178:Constituents of the 2048:Southeast Asian haze 1935:Wilmar International 1767:Biodiesel production 1657:Oil palm bunch moth 1404:Friends of the Earth 1268:No. 4 Lee Shin Cheng 812:Friends of the Earth 617:Palm oil plantations 584:property development 264:property development 97:improve this article 1944:Buyers / processors 1900:Equatorial Palm Oil 1797:Transesterification 1627:Ganoderma orbiforme 1234:on 18 February 2018 1228:IOI Loders Croklaan 648:and the burning of 503:Number of employees 494:10.94 billion(2022) 488:11.33 billion(2023) 462:19.17 billion(2022) 456:17.58 billion(2023) 366:15.58 billion(2022) 360:11.58 billion(2023) 179: 43:editing the article 1895:Carson Cumberbatch 1840:Girl Scout Cookies 1835:Cellulosic ethanol 1676:Red ring disease ( 1669:Tirathaba rufivena 1662:Tirathaba mundella 1643:Oryctes rhinoceros 1406:Europe, March 2010 1364:on 24 August 2017. 1198:"2021年全球特种油脂企业30强" 430:1.77 billion(2022) 424:1.13 billion(2023) 392:1.82 billion(2023) 177: 2308: 2307: 2250:Malaysia Airports 2138: 2137: 2024:Policies, impacts 2019: 2018: 1772:Fat hydrogenation 1254:New Straits Times 1186:, 8 December 2006 1184:New Straits Times 1163:The Edge Malaysia 1138:The Edge Malaysia 1112:foodnavigator.com 1062:The Edge Malaysia 1038:. IOI Group. 2023 788:Burning up Borneo 561: 560: 398:2.5 billion(2022) 271:resort management 173: 172: 165: 147: 71: 70: 63: 36:layout guidelines 2383: 2177: 2176: 2165: 2158: 2151: 2142: 2141: 2117: 2116: 1979:non-governmental 1875: 1874: 1624:Basal stem rot ( 1536: 1529: 1522: 1513: 1512: 1508: 1503: 1502: 1500:Official website 1486: 1485: 1483: 1481: 1475: 1465: 1459: 1458: 1456: 1454: 1439: 1433: 1424: 1418: 1413: 1407: 1394: 1388: 1383: 1377: 1372: 1366: 1365: 1363: 1357:. Archived from 1352: 1344: 1338: 1337: 1335: 1333: 1318: 1312: 1311: 1309: 1307: 1293: 1287: 1286: 1278: 1269: 1263: 1257: 1256:, 31 August 2002 1250: 1244: 1243: 1241: 1239: 1230:. 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IOI is one of 557: 554: 552: 529:IOI Palm Biotech 484: 483: 474: 452: 451: 442: 420: 419: 388: 387: 376:Operating income 356: 355: 244: 199: 187: 180: 176: 168: 161: 157: 154: 148: 146: 105: 81: 73: 66: 59: 55: 52: 46: 27: 26: 19: 2391: 2390: 2386: 2385: 2384: 2382: 2381: 2380: 2311: 2310: 2309: 2304: 2295:Tenaga Nasional 2225:Hong Leong Bank 2191: 2182: 2171: 2169: 2139: 2134: 2105: 2079: 2025: 2015: 1978: 1972: 1939: 1866: 1801: 1755: 1685: 1611: 1604: 1545: 1540: 1498: 1497: 1494: 1489: 1479: 1477: 1473: 1467: 1466: 1462: 1452: 1450: 1440: 1436: 1425: 1421: 1414: 1410: 1395: 1391: 1384: 1380: 1373: 1369: 1361: 1350: 1346: 1345: 1341: 1331: 1329: 1319: 1315: 1305: 1303: 1295: 1294: 1290: 1279: 1272: 1264: 1260: 1251: 1247: 1237: 1235: 1222: 1221: 1217: 1207: 1205: 1194: 1190: 1181: 1177: 1167: 1165: 1157: 1156: 1152: 1142: 1140: 1132: 1131: 1127: 1117: 1115: 1106: 1105: 1101: 1091: 1089: 1081: 1080: 1076: 1066: 1064: 1056: 1055: 1051: 1041: 1039: 1035: 1029: 1028: 1024: 1014: 1012: 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Public limited company
Traded as
MYX
1961
ISIN
MYL1961OO001
palm oil
property development
Lee Shin Cheng
Putrajaya
Malaysia
Southeast Asia
Tan Sri
RM

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