BUILDING VALUE AT OUR CORE SEC 5 84 SUSTAINABILITY REVIEW PILLAR 3: PROTECTING THE ENVIRONMENT Significant Material Matters Why Is It Important 2023 Progress and Highlights UN SDGs • Completed our carbon emissions baseline and GHG emissions inventory for Scope 1 and Scope 2 for 20 FGV’s subsidiaries based on 2019 data. • Due to our complex supply chain, for Scope 3 inventory, an independent consultant was appointed to ensure the accuracy of our data. Climate Change Climate change, characterised by extreme weather and temperature shifts, is a significant global issue affecting supply chains and businesses. We aim to become carbon-positive and actively counter climate change effects on our operations. We are committed to achieving net zero emissions by 2050, with strategies to manage climate risks and ensure the sustainability of our business. Our goal is to cut the Greenhouse Gas (GHG) emissions intensity by half by 2030 and reach net zero emissions by 2050 across all our commodities. Organised FGV Sustainability Week, aimed at enhancing awareness among our employees and fostering a culture of change toward sustainable practices throughout our operations. • Generated a total of 309,201 MT of hazardous and non-hazardous wastes. • Ongoing transformative projects include the conversion of by-products from palm oil mills and the recycling of scrap materials and used tires, facilitating the transformation of waste into valuable resources. Waste Management We consider effective waste management as an important step in combating climate change and promoting a circular economy. Improper disposal contributes to GHG emissions and disrupts ecosystem, thereby elevating climate-related risks. By focusing on reducing, reusing, and recycling, we align with global initiatives for a climateresilient future and international sustainability goals. Our aim is to minimise our carbon footprint, improve resource efficiency, and protect natural ecosystems. We strive to achieve zero-waste operations across our supply chain, incorporating circular waste management strategies to address climate change and promote a sustainable future.
RkJQdWJsaXNoZXIy NDgzMzc=