FGV Annual Report 2020

PLANTATION Business - OPERATIONAL IMPROVEMENT INDICATORS Y i e ld Imp rovement P RODUC T I ON OF P R EMI UM QUAL I TY O I L Improving yield through operational efficiency and leveraging on innovation with environmentally friendly pesticides and fertilisers as a part of mitigation strategies to reduce pressure on the environment. Use of seeds, pest and disease control and fertilisers that are supported by the use of the latest technologies and implementation of site-specific good agricultural practices (GAP) Replanting programme • Maintenance of productivity and sustainability of the business. • Ensuring the age profile stays in the prime range. • Continuation of replanting programme until FGV achieves normalised average age profile of 12 years by 2026. • Usage of high-density planting materials to produce higher yields. • Piloting of self-replanting project that aims to utilise FGV manpower for replanting instead of outsourcing to contractors. Implementation of Good Agriculture Practice (GAP) across the estates • GAP implementation plan with 100% conformance and monitoring by Agronomist • Strengthen the crop recovery and minimise lossess by harvesting system effectiveness • Roll-out of Agro Team that responsible on monitoring fertiliser application, supervising the foliar and soil sampling including replanting standards monitoring Intercropping on marginal land • Maximise use of landbank to generate revenue • Establishment of a pineapple seed garden at FGV Maokil 7, Johor that leverages on marginal land that does not generate value for three years following replanting of oil palm Introduction of Premium Quality (PQ) CPO with Free Fatty Acids (FFA) content of lower than 1.5 % One stop centre for bulk products, from planning, delivery to buyers, managing the end-to-end spectrum of the supply chain , and with a good reputation as a supplier of high-quality and sustainable oils. In 2020, FGV traded in the following products Quality Services for : i. Product specification consultation ii. Sales & purchase planning iii. Freight on board and cost net freight shipment to export buyers iv. Ground transport for local delivery v. Shipping documentation management Palms Laurics Biodiesel Products • Crude Palm Oils • Processed Palm Oil including Refined, Bleached, Deodorised (RBD) Palm Oil, RBD Palm Olein, RBD Palm Stearin, Palm Fatty Acid Distillate • Palm Kernel • Crude Palm Kernel Oil • RBD Palm Kernel Oil • Palm Kernel Fatty Acid Distillate • Palm Kernel Expeller • Palm Methyl Ester • Glycerine 105 Who We Are How We Operate How We Are Governed Additional Information Sustainability Matters Statement & Discussion By Our Leaders