The Guardian reported that the IOI Group was suspended from the Roundtable on Sustainable Palm Oil (RSPO) scheme in April in the face of allegations it was not doing enough to prevent deforestation in Indonesia.

Following this, major buyers, such as Unilever, Mars, Kelloggs and Nestlé, dropped IOI as a supplier. The company filed a suit against RSPO last month, claiming it had been “unfairly affected” by the decision.

On Monday, IOI announced it would be withdrawing the lawsuit.

“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,” The Guardian quoted the group’s CEO, Lee Yeow Chor as saying.

Lee said IOI had agreed to an “action plan” that would bring it into line with the RSPO’s highest level of accreditation – the Next certification system – by the end of 2016. The statement did not provide details about the plan, said the report.

The RSPO said it would not comment on the announcement until the legal case had officially been dropped in a conciliatory hearing scheduled for June 14. The lawsuit was filed in a court in Zurich, where the Roundtable is headquartered.

The Guardian report said the lawsuit had raised concerns that palm oil companies would be able to bully the RSPO, which is the major tool for cleaning up the notoriously environmentally damaging industry.

According to the report, Eric Wakker, the director of Aidenvironment Asia, the sustainability consultancy which filed an official complaint with the RSPO about land clearing at two IOI plantations in 2015, welcomed the withdrawal of the lawsuit.

“Aidenvironment appreciates the work done by IOI staff over the past two months,” said Wakker in a statement. “However, it is too early to say that the requirements set by the RSPO Complaints Panel have been met.”