Advertisement
Singapore markets close in 3 hours 32 minutes

  • Straits Times Index

    3,290.00
    +2.25 (+0.07%)
     

  • Nikkei

    38,037.91
    +409.43 (+1.09%)
     

  • Hang Seng

    17,623.03
    +338.49 (+1.96%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,244.82
    +207.38 (+0.32%)
     

  • CMC Crypto 200

    1,385.64
    +3.07 (+0.22%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,348.80
    +6.30 (+0.27%)
     

  • Crude Oil

    83.90
    +0.33 (+0.39%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.86
    +4.61 (+0.29%)
     

  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     

  • PSE Index

    6,574.13
    -0.75 (-0.01%)
     

BRIEF-IOI Corporation responds to Greenpeace's report about policy violations in co's supply chain

Reuters

Oct 13 (Reuters) - Ioi Corporation Bhd :

* Responds to the Greenpeace report, referring to policy violations in IOI's third-party supply chain & recent "Stop The Haze" campaign

* "Fully committed to no deforestation, no planting on peat and no exploitation policies as stated in sustainable palm oil policy"

* "Does not have commercial relationship with Korindo , Austindo Nusantara, Goodhope, Eagle High and Indofood/Salim named in Greenpeace report"

* "Support our direct suppliers Wilmar, GAR, AAA and Musim Mas's move to further engage with or to stop purchasing from named companies"

* Says "IOI sources directly from TH plantations in Malaysia and not from their plantations in Indonesia"

* Says "we have decided to phase out TH plantations from our supply chain" Source text: (http://bit.ly/2dZ83MC) Further company coverage: