FGV Annual Report 2020

“Sustainability remains a top priority and business imperative for FGV and is essential to our long-term success. Our Sustainability efforts are not only geared towards growing our business optimally, but simultaneously delivering tangible social value creation, whilst UTILISING natural resources responsibly, and maintaining meaningful relationships with our stakeholders.” Sustainability has become the top priority of listed plantation companies as they navigate the three areas of sustainable development: economy, society and environment. Bursa Malaysia has also stepped up its efforts to encourage companies to strengthen their ESG portfolio. In addition, customers, especially in the European Union and USA, have made sustainability the defining factor in their buying decisions. While these form a strong basis for greater adherence to sustainability standards, the moral imperative to do the right thing by respecting human rights and protecting the environment serves as our main motivation to continue advancing FGV’s sustainability agenda. In 2020, FGV has strived to uphold the best practices in sustainability and we have committed to deliver sustainable values to all our stakeholders. We are continuously improving our products and services by adopting sustainable approaches to optimise resources and to promote operational efficiencies while respecting human rights and minimising environmental impact arising from our business operations. With the ever-evolving ambit and criteria of what is deemed as sustainable for palm oil producers, one thing is clear: FGV plans to keep up with these changes and keep abreast with the latest global sustainability developments and industry specific expectations and requirements. Sustainabil 96 FGV HOLDINGS BERHAD Annual Integrated Report 2020